Transparency

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Uploaded by on Mar 11, 2009

UPDATE 6/9/09
HR 1207 now has 207 cosponsors!

It is time to demand transparency. After all, Obama DID promise....

Let's start with the FEDERAL RESERVE. Audit the Fed!

H.R.1207- Federal Reserve Transparency Act of 2009

To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.

Sponsor: Rep Paul, Ron [TX-14] (introduced 2/26/2009) Cosponsors: 28 As of (3/12/09)

Latest Major Action: 2/26/2009 Referred to House committee.

Status: Referred to the House Committee on Financial Services.

Bill information and text:
http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.1207.IH:

Please contact your representatives to urge him/her to cosponsor this legislation.

Contact your Representative:
U.S. Capitol Switchboard (202)-224-3121
http://www.congress.org/congressorg/directory/congdir.tt

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- The Federal Reserve refuses to give a public accounting of the trillions in recent taxpayer-backed loans and fiat money pumped into the banking system.

- Congress has the RESPONSIBILITY to force a public audit of the Federal Reserve, and the American people deserve to know how their tax dollars are being spent and the currency inflated.

- Allowing the Fed to remain out of control and shrouded in secrecy clearly allows for abuse and the continued stealing of our tax dollars.

- The Federal Reserve System itself leads to constant economic crises like the current housing crisis and the resulting chaos.

- The Federal Reserve System forces fuel, food, housing, medical care and education costs upward, meaning that everyone who is not on the government dole is forced to make do with less as the value of their money slowly decreases.

- History shows us that riots, violence, and full-scale police states can result when people finally realize fiat money isn't worth the paper it's printed on and refuse to accept it.

  • likes, 17 dislikes

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Uploader Comments (cv1122)

  • ****update**** This bill has 44 cosponsors as of today.

Top Comments

  • Our gov. is busting unions Gm, Teamsters Union, Pacbell, teachers union, so union members are supposed to pay more for medical insurance. Forcing everyone into Socialism.

  • awesome work THANKS:) love ya....collage students today can not afford to go to college students get stressed out and can not even think of starting family any time soon as individuals would be indebted to the school loan bills for long, long, time. If you wish to be MD forget it, it is to expensive so time to work for Obamas medical insurance plan companies or government jobs that he is creating LOL Obama give me an brake of your FAKE Transparency. Go HR 1207!!!! (END THE FED)

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All Comments (143)

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  • The only thing "transparent" about the u.s. govt. not to mention the u.s. commercial media, is their lack of transparency.

  • My congressman has co-sponsored this bill! One of over 180 now!!! Time to bring accountability to the Federal Reserve!

  • I called my rep. And oppose the HR 645

  • Someone being in prison, or an injustice being upheld by the court system doesn't mean it is necessarily legal. Someone can even introduce legislation that is unconstitutional but if it violates the constitution, it is still illegal.

  • Yeah, thats why Wesley snippes is still in prison

  • hey spyder8338....how bout coming here to detroit and help us to understand how paranoid we are. i suppose it was a group hallucination when obama pumped 13 trillion into the hands of wall street bakers while scoffing at loaning an infinintesimal fraction of that to GM and chrysler. cmon brother, 30% unemployment here so lots of people available to listen to your instructions on how everythings really going great. you can stay at my house. i'm one of the few who still has one.

  • Income Taxes are unconstitutional and no law exists demanding that you pay them.

  • I dissagree, i hate fat girls

  • its called Paranoia

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