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Ron Paul has introduced H.R.1207: Federal Reserve Transparency Act of 2009 to Congress and it’s been referred to the House Committee on Financial Services. According to Campaign for Liberty, “The Fed has so far resisted attempts to provide information on how it is spending the bailout money and currently dictates how accountable it will be to Congress. Since its creation in 1913, the Fed’s control of money and credit in this country has resulted in a 95% devaluation of our dollar and the piling up, just in the last year, of almost $10 trillion in bailouts and loans.”
You can read the whole bill in less than five minutes! Unlike the stimulus and omnibus, this one is short and doesn’t include any pork!
Originally posted by baseball101
who knows if this will actually pass though
Originally posted by Maxmars
The Federal Reserve Act of 1913 gave the Transnational Banking Cartel exactly the weapon they needed to utterly undermine the peoples' control of the Republic.
Perhaps they can attach their 'do-away-with automatic pay-raises' ammendment to this bill. Then it will disappear for sure.
We have been at war for our sovereignty ever since the Barons of Industry bought our politicians and media, using higher academicians and elites to create a social honey-pot which those enamored of 'celebrity' simply can't resist. The quest for total corporate domination of planetary affairs has gone on ignored for so long it's pathetic.
The act must be repealed. The FED must be dismantled, and an audit of the nations gold and silver reserves demanded. (But I fear, it's all in Switzerland and China by now - especially after 9/11)
[edit on 11-3-2009 by Maxmars]