Originally posted by crw2006
Well Im going to call my rep and tell him to support the bill, I doubt they will listen to us (remember they ignored our opposition to the first bailout).
Ron Paul is one of a few standup people in politics right now.
Do we now? I thought it was a representative government in which the representatives that do not abide by the wants and needs of the constituency are replaced via the electoral process.
Originally posted by Cio88
As much as I would love to see this sail ... it wont because of the corrupt politicians and thier money.
I hope RP all the best and I support this.
But we all know what happens to those who oppose the Elite.
Originally posted by asmeone2
Goodbye Mr. Paul. It is good to see you doing it but you have just touched one dangerous sacred cow... I sure hope you do not go the way of JFK.
Originally posted by DarrylGalasso
reply to post by David9176
As much as I support this and would love to see it happen we all know it won't.
I now fear that the honorable Mr. Paul may have some sort of "accident" and not be with us much longer.
The last two people who opposed the federal reserve seemed to have something in common although the fed res was not even yet established when one was president, they were trying and he was hard core opposed. This would be Lincoln and Kennedy.
Originally posted by David9176
Thought I'd add this link to another thread that i posted today.
Peter Schiff (RP's economic advisor when he was running for President) is predicting economic doom. There are 3 videos. I encourage everyone to check this out if you have the time.
BTW--according to the old woman in charge of my voting district (whom I happened to run into on election day at the local bar broadcasting the results), I was the only "moron" to vote for RP. When I asked them how to write in my own candidate, I was told that my vote WOULDN'T COUNT!
Thank you for contacting me with your concerns about the Federal Reserve. I appreciate hearing your views on this important issue.
As you may know, the U.S. central banking system was established in 1913 by the Federal Reserve Act (Public Law 63-43). Congress created the Federal Reserve (popularly known as the "Fed") as an independent entity to attend to the nation's credit and monetary needs without undue influence from political pressures. Today, the Fed's monetary policy operations are intended to promote stability in the nation's economy; its supervisory and regulatory functions are intended to provide a safer, more flexible banking system; and its work as fiscal agent for the government and clearinghouse for private sector financial transactions aims to promote efficiency in the overall banking system. In keeping with its independence within the federal government, the System operates without appropriations from Congress. Its income derives primarily from interest on government securities acquired through monetary policy operations, and fees for banking services, with any excess income returned to the Treasury.
The current structure of the System has three major components established by the original act. First, a Board of Governors oversees the whole System and has responsibility for monetary policy. Second, there are 12 regional Federal Reserve Banks, which carry out supervision and examination of commercial banks that are Fed members. The member banks, all national banks and all state-chartered banks that choose to be members of the System, make up the third component.
Legislation was introduced in the 110th Congress to abolish the Federal Reserve by repealing the Federal Reserve Act. Although Congress did not act on this measure before the end of the session, you may be assured I will continue to monitor this issue closely and keep your views close in mind should it come to the House Floor for a vote in the 111th Congress.
In the meantime, thank you again for taking the time to share your views with me. Please do not hesitate to contact me in the future about this or any other matter of concern. If you would like to learn more about my work in Washington and in *city removed*, please visit my website where you will find the latest news, my weekly schedule, video from hearings, and information about constituent services. You can also sign up for my e-newsletter to receive periodic updates on important issues and services for your family.
Thank you for contacting me with your support for H.R. 833, the Federal Reserve Board Abolition Act.
I appreciate hearing from you on this important issue.
As you may know, H.R. 833, introduced by Rep. Ron Paul (R-TX) would abolish the Federal Reserve. The Federal Reserve was first initiated by Congress in 1913 to be the central bank of the United States and to provide the nation with a safer, more flexible, and more stable monetary and financial system. Specifically, this bill would abolish the Board of Governors of the Federal Reserve System and the Federal Reserve banks and repeal the Federal Reserve Act. Furthermore, this legislation would intend to reassert Congresses authority over monetary policy. H.R. 833 is currently pending before the House Committee on Financial Services.
Please know that I understand your views regarding this matter and rest assured that I will keep your support in mind should H.R. 833 be brought to a vote before the House of Representatives. Again, thank you for contacting me, and please let me know if you have any further questions or concerns. You may also wish to access my website at www.sires.house.gov to learn more about my legislative activities in Congress, visiting Washington, D.C., and a special section on constituent services. Please be advised that you may already be receiving my e-newsletter, however, it may be going into your email's spam box. If you are encountering this problem, you may need to remove this email from your spam box or you can view the e-newsletter by visiting my website.