Ron Paul Bill To Audit The Federal Reserve ,Fed under fire - why audit the Federal Reserve ?

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Uploaded by on Nov 28, 2009

READ-http://rt.com/About_Us/Programmes/Keiser_Report/2010-07-06/583474.html
http://www.pittsburghlive.com/x/pittsburghtrib/opinion/s_651897.html
http://www.youtube.com/watch?v=VebOTc-7shU&NR=1
South Carolina Lawmaker Seeks to Ban US Dollar




South Carolina: Republican Representative Mike Pitts has introduced a bill that would make it illegal to use Federal Reserve currency within the state. He says he wants to give the state a "base of currency" in the event that the US economy fails.

Pitts claims that the Federal Reserve acted unconstitutionally in replacing coins made of gold and silver with bank notes. Legal experts say his bill wouldn´t survive a constitutional challenge. Material price would also trump face value for coins.

"I don´t see the intestinal fortitude of this legislative body to test the federal government on constitutional issues," said Pitts.

Greenspan assembled a team of major banks and brokerage houses to execute the market transactions, which were further camouflaged by use of nominee names. They are known as the Plunge Protection Team.

A refinement was to issue orders in the highly leveraged futures markets. This leverage greatly increased influence on spot prices.
Ron Paul Bill To Audit The Federal Reserve The bill would authorize Congress to audit not only the Fed's lending programs but its basic decisions to set monetary policy,Both the House and Senate are putting together proposals to overhaul the nation's financial rule book in an effort to crack down on abuses that led to last year's banking crisis. A bill being pushed by Senate Banking Committee Chairman Christopher Dodd, D-Conn., would strip the Fed of its bank regulation powers.
http://globalldbfinancial.blogspot.com/

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  • hi

    the truth is that the federal reserve (central bank) gave away cheap money to banks. this created the problems.

    also you might want to search youtube for 'Peter Schiff Was Right'

    also search for Ron Paul Federal Reserve

    Obama, Bush, McCain, Clinton and Palin support the federal reserve. Ron Paul wants to shut it down.

    :)

    Please support Ron Paul

see all

All Comments (3)

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  • god help us if no one takes a stand against the central bank

  • The new world order gang are going down

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