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!!!!

HR 1207 hearing official! Audit the Fed

Hearings on HR 1207, Ron Paul’s Federal Reserve transparency bill, will be conducted on Friday, September 25th at 9 AM. This is confirmed by Ron Paul, who has confirmed with Barney Frank, the House financial services committee chairman.

Hopefully, HR 1207 will receive a standalone up or down vote on its own merits and will not be tacked onto another bill and watered down.  Please contact your representatives and request that they first cosponsor the bill, and if they already have, ask that they support a standalone vote on HR 1207.

Why the not-so-federal reserve has been able to conduct its operations in near total secret to this date is completely beyond me.  The American people are ready to find out where all the money has gone.  Once they know, they will hopefully realize that the Federal Reserve has never been, and certainly is not now, necessary for the US economy to thrive.  Congress should take back the power of money creation from the greedy, power hungry, unconstitutional financial overlord known as the federal reserve.  Only then will we have a stable economy and a government that is truly limited in its spending abilities.

Be sure to watch the hearings on Friday, September 25th at 9:00 AM!  This is history in the making!

Bill Posey questions Ben Bernanke on federal reserve transparency

During a hearing of the House Financial Services Committee, following Ron Paul, Bill Posey questions Ben Bernanke on inflation and Federal Reserve transparency.  My favorite part of this video is when Ben Bernanke says, “because, we have to be extraordinarily careful that the markets and the public don’t think that congress is trying to influence monetary policy decisions”.  Bernanke is showing just how scared he is that the fed is soon going to be opened up to a FULL GAO audit as per the language in HR 1207.  Why Bernanke feels that the PEOPLE should not be able to influence monetary policy, through their elected representatives, is far beyond me.

Watch and enjoy.

Also watch Ron Paul’s questioning of Ben Bernanke on the same day.

HR 1207 update: federal reserve transparency act of 2009 now has 165 cosponsors!

I pretty much stated the bulk of the update in the title, but anyway, momentum on HR 1207 is moving rapidly.  Please don’t forget to sign your petition urging Nanci Pelosi to schedule debate and a roll call vote on Ron Paul’s audit the fed bill.

Remember it is imperative that we pass this bill so that we can take initial steps to reducing the size of government!

Petition to tell Nancy Pelosi to schedule debate and a roll call vote on HR 1207, the federal reserve transparency act of 2009

audit the fedPlease go and sign the petition! I can’t stress enough how important it is that this bill, HR 1207, passes.  Whether you are liberal or conservative, it doesn’t matter in this issue.  We the people need to know what is happening with the money that is being issued because ultimately it hurts us when the federal reserve cranks up the printing presses and devalues our dollar.  We the people need to know which foreign governments are receiving aid from us without we the people even knowing.  No other bank in the country is immune from being audited, so why is the federal reserve? It is time to unveil this private bank and destroy their shroud of secrecy.  Go and sign the petition now!

Mike Conaway (Texas Cong. Dist. 11) cosponsor of HR 1207 (Federal Reserve Transparency Act of 2009)

Mike ConawaySince I live in Texas Congressional district 11, I called Mike Conaway, my representative, to ask if he would cosponsor HR 1207, the Federal Reserve transparency act of 2009.  Although Congressman Conaway at first sounded reluctant to cosponsor the bill, I convinced him that it was important that the American people have some insight into the internal affairs of the Federal Reserve since they are, after all, dealing with OUR money and printing it by the billions with absolutely no oversight.  Congressman Conaway agreed to cosponsor the bill (authored by Congressman Ron Paul) and is now listed as a cosponsor on govtrack.us.  The bill currently has 149 cosponsors (as of May 12, 2009) and is gaining significant momentum.  All members of the r3volution and every conservative who believes in fiscal responsibility, small government, and strict oversight of the government wants this bill to successfully get out of committee and be put to a vote in the House of Representatives.  Then, the HR 1207 Senate companion bill, S604, must also be passed.  Contact your Congressmen and Senators today and urge them to vote ‘yes’ on HR 1207 and S604!