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Ron Paul’s Audit the Fed Bill Hits 207 Co-Sponsors

06/10/09

Ron Paul’s Audit the Fed Bill Hits 207 Co-Sponsors

Ron Paul’s Audit the Fed Bill Hits 207 Co-Sponsors
June 10, 2009

House Minority Leader Boehner joins bi-partisan coalition supporting Federal Reserve transparency

ALEXANDRIA, VIRGINIA – H.R. 1207, The Federal Reserve Transparency Act of 2009, yesterday surged past the 200 co-sponsor mark, nearing a majority in the U.S. House of Representatives. The bill, introduced by Congressman Ron Paul (R- TX), now has 207 cosponsors including 51 Democrats.

Signing on to the bill yesterday were Republican Minority Leader John Boehner (R-OH) and influential Rules Committee Ranking Member David Drier (R-CA). The bill has gained 28 co-sponsors just in the month of June.

Congressman Paul's legislation is aimed at pulling back the curtain from a secretive and unaccountable Federal Reserve. Congress and the American people have minimal, if any, oversight over trillions of dollars that the Fed controls.

With recent bailouts and spending decisions shining a spotlight on the actions of the Federal Reserve, more and more pressure is bearing down on Congress to take action and demand accountability and transparency.

Minority Leader Boehner joins a group of legislators from across the ideological spectrum. These Representatives include Rep. Tom Price (R-GA), head of the conservative Republican Study Committee, and Rep. Lynn Woolsey (D-CA), former head of the liberal Progressive Caucus.

“Americans from every walk of life, across the country, are speaking out and demanding transparency at the Federal Reserve,” said Campaign for Liberty President John Tate. “Members of Congress, whether they are conservatives, moderates, progressives, business Republicans, libertarians or blue dog Democrats, are listening to their outraged constituents and coming together to support H.R. 1207.”

"The American people have had enough. Enough of an out of control Fed, enough of run away government spending and enough of the secretive Federal Reserve practices that won't even allow us to know where our money is going." continued Mr. Tate. "And the message is getting through loud and clear as indicated by the overwhelming support for this legislation across the country and in the halls of Congress."

To view a full list of co-sponsors, please click here.

H.R. 1207, would open up the Fed’s funding facilities, such as the Primary Dealer Credit Facility, Term Securities Lending Facility, and Term Asset-Backed Securities Lending Facility to Congressional oversight and an audit by the non-partisan Government Accountability Office. Additionally, audits could include discount window operations, open market operations, and agreements with foreign central banks, such as ongoing dollar swap operations with European central banks.

GOD'S WORD FOR TODAY
JOHN 8:36 If the Son therefore shall make you free, ye shall be free indeed. (KJV)

IN THE NEWS


ACTION ALERT FOR NC

Action Neeed: Stop Billion Dollar Tax Increase
http://capwiz.com/americansforprosperity/issues/alert/?alertid=13379866&type=ML

ABORTION IN THE NEWS

Pro-life 'smear' suspected in DOJ's Tiller inquiry 6/9/09
http://www.onenewsnow.com/Culture/Default.aspx?id=560170

Jillian Bandes : Kill Your Kid For Free, In Honor Of Someone's Death 6/9/09
http://townhall.com/blog/g/b3ee9432-3538-4f6a-938a-611cacfec9f9

REAL ID & PRIVACY NEWS

DMV to use face recognition technology statewide 6/10/09
http://www.watertowndailytimes.com/article/20090610/NEWS03/306109965

Police take on DMV duties 6/10/09
http://www.wiscnews.com/rtp/news/453434

Use of DNA Security Technology for Laminated Documents Validated 6/09/09
http://www.nanowerk.com/news/newsid=11078.php

California's Rejection of "Mark of the Beast" I.D. Could Save Fifty Million per Year
http://www.nolanchart.com/article6524.html

K-ID-napped 6/9/09
http://www.nwanews.com/adg/Style/261615/

Arkansas prison escapees' ID badges draw scrutiny 6/9/09
http://www.dallasnews.com/sharedcontent/dws/news/texassouthwest/stories/DN-prisonescape_09tex.ART.State.Edition1.50d7793.html

License to smile: 4 states say no grin in DMV photos 6/6/09
http://www.enidnews.com/opinion/local_story_157235825.html?keyword=topstory

Updated: Wisconsin would be second state to issue cards to illegals 6/1/09
http://www.wisinfo.com/apps/pbcs.dll/article?AID=200990601112

Trouble With Your National ID? Change the Name! 5/19/09
http://www.cato-at-liberty.org/2009/05/19/trouble-with-your-national-id-change-the-name/

OBAMA NATION

Obama extols Koran; press missed it 6/10/09
http://www.onenewsnow.com/Politics/Default.aspx?id=560686

Administration to issue new Wall Street pay curbs 6/10/09
http://news.yahoo.com/s/ap/20090610/ap_on_bi_ge/us_executive_pay

Obama pitches pay-as-you-go plan for Congress 6/9/09
http://news.yahoo.com/s/ap/20090609/ap_on_go_pr_wh/us_obama_budget

Obama invokes Jesus more than Bush 6/9/09
http://news.yahoo.com/s/politico/20090609/pl_politico/23510

Perspective: Obama's transgendered June 6/9/09
http://www.onenewsnow.com/Perspectives/Default.aspx?id=560346

Obama Tells American Businesses to Drop Dead 6/8/09
http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aaaBdVMkjPnU

ECONOMIC NEWS

McGurn: The Media Fall for Phony 'Jobs' Claims 6/10/09
http://online.wsj.com/article/SB124451592762396883.html

GOP Lawmakers to Fed: Stop Printing Money 6/9/09
http://www.newsmax.com/headlines/gop_fed_printing_money/2009/06/09/223162.html

Judge lets Chrysler sever ties with 789 dealers 6/9/09
http://news.yahoo.com/s/ap/20090609/ap_on_bi_ge/us_chrysler_bankruptcy

Republicans believe Obama's stimulus plan will lead to financial calamity
But they can't stop his economic agenda 6/8/09
http://www.guardian.co.uk/commentisfree/cifamerica/2009/jun/08/obama-economy-stimulus-republicans-mark-sanford

China airs fears on US debt, dollar 6/8/09
http://www.breitbart.com/article.php?id=CNG.59d40e44d29fb24306de4a8aee8d691e.891&show_article=1

Wall Street Ends Hope for Homeowners Via Congress 6/7/09
http://www.globalresearch.ca/index.php?context=viewArticle&code=COO20090607&articleId=13887

GM to help investment firm buy Delphi - Your Taxmoney at Work: GM Loans $2B for Parts Supplier 6/4/09
http://money.cnn.com/2009/06/04/news/companies/gm_delphi.reut/index.htm?section=money_latest


GOVERNMENT & POLITICS

'Banana republic' antics erupt in NY Senate 6/10/09
http://www.onenewsnow.com/Politics/Default.aspx?id=560922

Arnold Schwarzenegger to scrap school textbooks for ebook 6/9/09
http://www.guardian.co.uk/world/2009/jun/09/arnold-schwarzenegger-school-textbooks-ebooks

Ron Paul: Bush, Obama Differ on Style, Not Substance 6/9/09
http://www.newsmax.com/insidecover/ron_paul_bush_obama/2009/06/09/223214.html

Breaking News: Rush Limbaugh Vows No Surrender to Obama, Liberals - Video
http://video.newsmax.com/?bcpid=20972460001&bclid=22770166001&bctid=25821518001

POLICE STATE NEWS

Woman, 72, refused to sign traffic ticket; an argument, and then a zap 6/10/09
http://today.msnbc.msn.com/id/31202935/?GT1=43001

London's Metropolitan Police accused of waterboarding suspects 6/10/09
http://www.timesonline.co.uk/tol/news/uk/crime/article6466430.ece

Speed cameras on U.S. highways? 6/4/09
http://www.cnn.com/2009/LIVING/wayoflife/06/04/aa.speed.cameras.highways/

TECHNOLOGY NEWS

Hackers attack city's system 6/10/09
http://www.nwanews.com/bvwv/News/8915/

TERRORISM IN THE NEWS

2 of the Air France crash victims had terror links 6/10/09
http://www.ynetnews.com/articles/0,7340,L-3729400,00.html

MADE IN CHINA & OTHER THIRD WORLD COUNTRIES?

Recycled radioactive metal contaminates consumer products 6/3/09
http://www.scrippsnews.com/node/43577


MORAL DECLINE

Schools would have to pay for pregnant students 6/5/09
http://www.chicagotribune.com/news/chi-ap-wi-pregnantstudents,0,3718601.story

CHRISTIANITY IN THE NEWS

Megachurch-goers younger, wealthier -- and stingier 6/10/09
http://www.onenewsnow.com/Church/Default.aspx?id=561722

UCLA okays mention of 'Jesus' 6/9/09
http://www.onenewsnow.com/Culture/Default.aspx?id=559278

Court: Ten Commandments monument endorses religion 6/9/09
http://www.onenewsnow.com/Legal/Default.aspx?id=560210

HEALTH NEWS

In "The Land of the Free", is Natural Medicine One of Your Freedoms? 6/9/09
http://articles.mercola.com/sites/articles/archive/2009/06/09/In-The-Land-of-the-Free-is-Natural-Medicine-One-of-Your-Freedoms.aspx

TV before bed causes chronic health problems, study claims 6/9/09
http://www.telegraph.co.uk/culture/tvandradio/5483296/TV-before-bed-causes-chronic-health-problems-study-claims.html

Skin care Recall: Due to Bacterial Contamination 6/9/09
http://www.aboutlawsuits.com/skin-care-product-recall-bacterial-contamination-4308/

STUPID CRIMINALS

Car break-in suspect who left behind ID is caught again, cops say 6/10/09
http://www.patriotledger.com/news/x683859415/Car-break-in-suspect-who-left-behind-ID-caught-again-cops-say

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