H.R.1207: Federal Reserve Transparency Act of 2009

Guest Wed Mar 11, 2009 12:55 pm

http://www.govtrack.us/congress/billtext.xpd?bill=h111-1207

http://www.freedomworks.org/blog/joseph-onorati/ron-paul-bill-to-audit-the-fed

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!

The Campaign for Liberty has a series of links on sound money for an alternative to the Federal Reserve System that can be found here. George Selgin at West Virginia University has a podcast with Russ Roberts at George Mason University about free banking that can be found here.

floridafun Wed Mar 11, 2009 7:33 pm

for health care, ron is in agreement with bush on the investment account which people can use for their health care. gee if that had been initiated a few years ago where would all that health fund money be for those old folks now?

ron is anti-choice

sooo...altho he is pro-pot legalization, i find little attractive in what he stands for, he has made a couple good proposals in my opinion..the ones i think msake sense obama is already talking about address...time will tell.

H.R.1207: Federal Reserve Transparency Act of 2009

H.R.1207: Federal Reserve Transparency Act of 2009

Re: H.R.1207: Federal Reserve Transparency Act of 2009