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The Conservative Reform Network
The Newsletter for Independent, Conservative Political Activists

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Bill to Audit Fed

79% Favor Auditing the Fed

So Much For....

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Dear Lowman,

Just because Ron Paul is wrong on Israel and Foreign Policy doesn't mean he is wrong about Fiscal and Monetary Policies and, in particular, about the extraordinary power of the Federal Reserve to control our currency, credit and banking, the means of financing the means of production. It seems Marxist and Statist, to me.

The Federal Reserve has the power and has, in fact, devalued and debased the currency, money itself, the fundamental mechanism of commercial exchange.

Our economic lives are by a very few, a very few, who think they are smart enough and virtuous enough to plan and predict the future for all of us.

You can view more posts on my blog.

Ron Paul Introduces Bill to Audit the Fed

Ron Paul's views on the Federal Reserve have merit and reflect the Austrian School analysis found at Mises and Patrick Barron's Blog
11th Congress - 1st Session H.R. 1207 A BILL
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.
Read more

79% Now Favor Auditing the Fed

79% Now Favor Auditing the Fed Friday, Rasmussen December 04, 2009
Vote taken on May 11, 2010 Sen. Bernie Sanders sells out. (update thanks to dr. bob Sklaroff)
"Chairman Ben Bernanke on Thursday voiced his opposition to legislation calling for regular audits of the Fed's monetary policies, but 79% of Americans think auditing the Fed is a good idea.
A new Rasmussen Reports (Dec 9, 2009) national telephone survey shows that just seven percent (7%) of adults oppose auditing the Federal Reserve and making those results available to the public. Fourteen percent (14%) are not sure.
The new findings mark a four-point increase in support for auditing the Fed from July. The audit - to be conducted by the General Accounting Office, Congress' investigative agency - was first proposed by Republican Congressman Ron Paul and is now part of the House's version of a bill putting more regulatory controls on the financial sector. The Senate is more skeptical of the audit proposal.
But Bernanke himself is under the gun this week as Senate confirmation hearings began on his nomination by the president to serve a second four-year term as Fed chairman. Just 21% of Americans favor Bernanke's reappointment, while 41% are opposed.
Unlike many issues tracked by Rasmussen Reports, there is virtually no partisan disagreement on the issue of auditing the Fed.
Similarly, investors and non-investors are equally supportive of the idea. Generally speaking, there is overwhelming support for such auditing across all demographic categories."

So Much for Ron Paul ~Helen Thomas ~Barney Frank

Ron Paul: Gaza is like a Concentration Camp, Israel is Starving Palestinians (5:03 minutes worth listening to- HAMAS is elected legitimate government. Comments on Iran. Fascinating perspective, not good. Little Green Footballs)
In an interview with Don Imus, Ron Paul calls for the US to abandon Israel, calls Gaza a "concentration camp," and recites a litany of anti-Israel talking points, including the canard that Israel is starving the people of Gaza.
Ron Paul and Helen Thomas out themselves as anti-Semites within the week.
Helen Thomas Tells Jews - 'Get the Hell Out of Palestine' and Go Back to Germany ~Poland
"These people [the Arabs] are occupied. And it's their land."
And in her nonapologetic explanation she adds demonstrates her disconnect with reality.
"They do not reflect my heart-felt belief that peace will come to the Middle East only when all parties recognize the need for mutual respect and tolerance. May that day come soon." As if, according to Ms. Thomas the Israelis don't .
And Barney Frank is "ashamed" as a Jew, of the way the Israelis treat the Arabs

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