HR 1207 – Audit the Fed – now has 290 cosponsors

HR 1207 now having 290 cosponsors is a significant number because now two thirds of the house of representatives is cosponsoring the bill, which means that now the bill is eligible for consideration under suspension of house rules.  What that means is that the bill can be expedited through the house, by means of being considered “under suspension”, allowing a two-thirds vote for final passage and limiting floor debate and prohibiting floor amendments.  By prohibiting floor amendments, the house votes on the bill as amended, which is what Ron Paul and his cosponsors want for this bill – HR 1207 needs to stay exactly as it is – short and to the point – without being watered down and made ineffective by the global elite controlled politicians that wish to keep the Federal Reserve exactly where it is today – with a stranglehold on the American people.

This is great news – and if your congressman/woman hasn’t cosponsored HR 1207, ask them to cosponsor it today! Also ask your senators if they will cosponsor S 604!

For reference, the house bill HR 1207 is called the “Federal Reserve Transparency Act of 2009″ and S 604 is called “Federal Reserve Sunshine Act of 2009″.

FREEDOM!!!!

CJGH (China Jiangsu Golden Horse Steel Ball) breakout!

CJGH (China Jiangsu Golden Horse Steel Ball) broke out today and touched the 50dma.  The stock must continue and break key resistance levels to keep its momentum.  The positive divergence on the MACD looks positive, and the company is supposed to have favorable financial results coming out.

CJGH chart 9/3/2008