Ron Paul's 'Audit the Fed' bill was just approved by the House of 'Representatives'.

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  • DWB
    Registered User
    • Jul 2003
    • 31779
    #1

    Ron Paul's 'Audit the Fed' bill was just approved by the House of 'Representatives'.



    http://content.usatoday.com/communit...eral-reserve/1

    A good step forward. Fingers crossed.
    Last edited by DWB; 07-25-2012, 11:59 AM.
    Tags: None
    • BFT3K
      Too lazy to set a custom title
      • Dec 2005
      • 10764
      #2
      I'm not a fan of the Fed by ANY means, but how does "biting the hand that feeds you" work again?

      Our currency is backed by nothing. It is just paper and ink.

      Once it is revealed that no one is behind the curtain, what exactly happens to the house of cards?

      Also, who exactly, will be in charge of the "auditing" ?

      Just curious....

        Comment

        • GetSCORECash
          Confirmed User
          • Mar 2008
          • 5527
          #3
          "I think the whole idea that they can deal in trillions of dollars and know that nobody is allowed to ask them a question is a moral hazard. And this removes that moral hazard."
          The Senate will not take it up.
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            Comment

            • BFT3K
              Too lazy to set a custom title
              • Dec 2005
              • 10764
              #4


              http://www.youtube.com/watch?v=ZPWH5TlbloU

                Comment

                • BFT3K
                  Too lazy to set a custom title
                  • Dec 2005
                  • 10764
                  #5
                  Just out of curiosity, and semi-unrelated, how many Ron Paul bills have passed in his 23 years in congress?




















                  Hint: This is only his second.... ever.

                  Can you say "term limits" ?

                    Comment

                    • Coup
                      🚨 PBBC International 🚨
                      • Apr 2010
                      • 9931
                      #6
                      Ron Paul actually accomplished something other than pork barrel spending?

                      Wow. Good for him I guess

                        Comment

                        • topsiteking
                          ICQ: 470687453
                          • Dec 2007
                          • 3571
                          #7
                          Originally posted by Coup
                          Ron Paul actually accomplished something other than pork barrel spending?

                          Wow. Good for him I guess
                          You are clueless.
                          ICQ: 470687453
                          EMAIL: [email protected]

                            Comment

                            • Deej
                              I make pixels work
                              • Jun 2005
                              • 24386
                              #8
                              lets see how this develops...

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                                Comment

                                • D Ghost
                                  null
                                  • May 2006
                                  • 9820
                                  #9
                                  Long overdue, can't wait to see what kind of fraud they find in there.

                                  Oh and then we can nail all the employees, including the janitors to a cross for participating in scams and fraud!

                                    Comment

                                    • Coup
                                      🚨 PBBC International 🚨
                                      • Apr 2010
                                      • 9931
                                      #10
                                      Originally posted by topsiteking
                                      You are clueless.
                                      Ron Paul is useless

                                        Comment

                                        • Coup
                                          🚨 PBBC International 🚨
                                          • Apr 2010
                                          • 9931
                                          #11
                                          Originally posted by BFT3K

                                          Once it is revealed that no one is behind the curtain, what exactly happens to the house of cards?
                                          It comes tumbling down... Hopefully. Got my fingers crossed I'll get to live out my mad max style fantasies. heh

                                            Comment

                                            • Axeman
                                              Confirmed User
                                              • Feb 2004
                                              • 5201
                                              #12
                                              Harry Reid has already said he won't bring the bill up on the Senate floor.
                                              XXXRewards - Karups - Boyfun - Jawked. Paying on time since 1997. Contact me at brent [at] xxxrewards.com

                                                Comment

                                                • Emil
                                                  Confirmed User
                                                  • Feb 2007
                                                  • 5658
                                                  #13
                                                  Originally posted by BFT3K
                                                  I'm not a fan of the Fed by ANY means, but how does "biting the hand that feeds you" work again?

                                                  Our currency is backed by nothing. It is just paper and ink.

                                                  Once it is revealed that no one is behind the curtain, what exactly happens to the house of cards?

                                                  Also, who exactly, will be in charge of the "auditing" ?

                                                  Just curious....
                                                  Everyone that's interested in this subjects knows it's just a piece of paper. The government can just print it's own money, they dont need to be in debt to the Fed.
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                                                    Comment

                                                    • u-Bob
                                                      there's no $$$ in porn
                                                      • Jul 2005
                                                      • 33063
                                                      #14
                                                      Originally posted by BFT3K
                                                      Once it is revealed that no one is behind the curtain, what exactly happens to the house of cards?
                                                      The malinvestments that are a result of fed's policies will become impossible to hide

                                                        Comment

                                                        • BFT3K
                                                          Too lazy to set a custom title
                                                          • Dec 2005
                                                          • 10764
                                                          #15
                                                          Originally posted by Emil
                                                          Everyone that's interested in this subjects knows it's just a piece of paper. The government can just print it's own money, they don't need to be in debt to the Fed.
                                                          True, but third party currency manipulation is somehow easier for people to accept... for some reason.

                                                          And (you knew this was coming) who runs the Fed, again?

                                                          The Turks?... nope, not the Turks....

                                                          Every Fed chairman money-lender seems to have something in common, but what is it... I just can't remember...
                                                          Last edited by BFT3K; 07-25-2012, 01:46 PM.

                                                            Comment

                                                            • Brujah
                                                              Beer Money Baron
                                                              • Jan 2001
                                                              • 22157
                                                              #16
                                                              Reminds me of the Bush trillion dollars bailout plan in 2008.

                                                              Sec. 8. Review.

                                                              Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

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