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jct74
05-10-2014, 04:34 PM
Audit the Fed Surpasses 218 Cosponsors

by Megan Stiles on MAY 7, 2014

Today, Campaign for Liberty announced that H.R. 24, Ron Paul’s “Audit the Fed” bill, which was reintroduced this Congress by Rep. Paul Broun (R-GA), is now cosponsored by a bipartisan majority of the House of Representatives for the third Congress in a row. Audit the Fed calls for a full audit of the Federal Reserve.

“I am pleased to see such wide support for Audit the Fed, and I hope the House moves quickly to pass this important piece of legislation,” said Campaign for Liberty Chairman Ron Paul.

Audit the Fed not only has broad support with members of Congress, but it has gained majority support with the American people. Nearly 75 percent of the American people support a full audit of the Federal Reserve.

About Audit the Fed

Ron Paul’s “Audit the Fed” bill, H.R. 459, gained 274 cosponsors and passed the House of Representatives in the 112th Congress on July 25, 2012, by an overwhelming three-fourths majority of 327-98, after a nationwide grassroots mobilization effort led by Campaign for Liberty. The legislation calls for a “full audit of the Board of Governors of the Federal Reserve System and the Federal Reserve banks by the Comptroller General of the United States.”

Last Congress, Senator Rand Paul (R-KY) introduced companion legislation, S.202, which gained 37 cosponsors. Senate Majority Leader Harry Reid refused to allow Audit the Fed to be brought to the floor for a vote despite repeatedly calling for an audit of the Federal Reserve throughout his career.

Congressman Paul Broun (R-GA) reintroduced Dr. Paul’s Audit the Fed bill in January of 2013 as H.R 24, “The Federal Reserve Transparency Act of 2013,” in the 113th Congress. The bill currently has 223 cosponsors. Senator Rand Paul has again introduced companion legislation, S. 209, which currently has 29 cosponsors.

http://www.campaignforliberty.org/resources/federal-legislation/audit-fed-surpasses-218-cosponsors/

jct74
05-10-2014, 04:36 PM
it's actually at 224 cosponsors, tsai3904 is keeping a running total here:

http://www.ronpaulforums.com/showthread.php?403907-H-R-24-Audit-the-Fed-224-Cosponsors-5-9-Update-1

johnwk
05-10-2014, 05:11 PM
That legislation is another path to nowhere! If those Representatives are sincere about ending the theft which occurs in consequence of the Federal Reserve System, they would be passing legislation to remove the words from Federal Reserve Notes which declare THIS NOTE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE. Those words created a money monopoly for a ruthless banking cartel in spite of our founders expressed intentions to forbid Notes of any kind to be made a legal tender.


For those who are not familiar with our founder’s specifically stated intentions, here is what transpired during the convention with regard to bank notes being made a legal tender. SEE The Debates in the Federal Convention of 1787, reported by James Madison : August 16 (http://avalon.law.yale.edu/18th_century/debates_816.asp)


Mr. Govr. MORRIS moved to strike out "and emit bills on the credit of the U. States"-If the United States had credit such bills would be unnecessary: if they had not, unjust & useless.


Mr. BUTLER, 2ds. the motion.

Mr. MADISON, will it not be sufficient to prohibit the making them a tender? This will remove the temptation to emit them with unjust views. And promissory notes in that shape may in some emergencies be best.


____ cut _____



Mr. READ, thought the words, if not struck out, would be as alarming as the mark of the Beast in Revelations.


Mr. LANGDON had rather reject the whole plan than retain the three words "(and emit bills")

On the motion for striking out
N. H. ay. Mas. ay. Ct ay. N. J. no. Pa. ay. Del. ay. Md. no. Va. ay. [FN23] N. C. ay. S. C. ay. Geo. ay.

[FN23] This vote in the affirmative by Virga. was occasioned by the acquiescence of Mr. Madison who became satisfied that striking out the words would not disable the Govt. from the use of public notes as far as they could be safe & proper; & would only cut off the pretext for a paper currency, and particularly for making the bills a tender either for public or private debts.

The irrefutable fact is, our founding fathers intended the market place, and only the market place, to determine what notes, if any, were safe and proper to accept in payment of debt, and they specifically chose to forbid folks in government making a particular bank note, or any “note” a legal tender, which if allowed would literally force people and business owners to accept worthless script in payment of debt.


As a matter of fact, one of the delegates to convention who helped frame our Constitution who lived in Connecticut was defrauded by a legal tender law made in Rhode Island which required him to accept worthless script in payment of debt. As one of the delegates to the Convention he was therefore quite influential in prohibiting our government to emit bills on the credit of the united States and likewise prohibiting folks in government making notes of any kind a legal tender in payment of debt!

To lean how Roger Sherman was defrauded see his work titled: A Caveat Against Injustice (http://www.rogershermansociety.org/caveat.htm) … An inquiry into the evils of a fluctuating medium of exchange.


And, the question is, how is it not a crime for our Treasure of the United States and Secretary of the Treasury to sign Federal Reserve Notes which state on their face “THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE“? Should they not be charged with misfeasance and malfeasance in addition to complicity in an act of fraud?


JWK


"Of all the contrivances for cheating the laboring class of mankind, none have been more effectual than that which deludes them with paper money. This is the most effectual of inventions to fertilize the rich man's field by the sweat of the poor man's brow."_____ Daniel Webster.

Zippyjuan
05-11-2014, 12:49 PM
That legislation is another path to nowhere! If those Representatives are sincere about ending the theft which occurs in consequence of the Federal Reserve System, they would be passing legislation to remove the words from Federal Reserve Notes which declare THIS NOTE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE. Those words created a money monopoly for a ruthless banking cartel in spite of our founders expressed intentions to forbid Notes of any kind to be made a legal tender.

What about

Section 8.

The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow Money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish a uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

http://en.wikipedia.org/wiki/Article_One_of_the_United_States_Constitution

Zippyjuan
05-11-2014, 12:53 PM
it's actually at 224 cosponsors, tsai3904 is keeping a running total here:

http://www.ronpaulforums.com/showthread.php?403907-H-R-24-Audit-the-Fed-224-Cosponsors-5-9-Update-1


Official bill listing says 228 now: http://beta.congress.gov/bill/113th-congress/house-bill/24

Bill has been in committee since January 03, 2013. Two committees actually.


01/03/2013 Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

tsai3904
05-11-2014, 01:27 PM
Official bill listing says 228 now: http://beta.congress.gov/bill/113th-congress/house-bill/24

Four members who cosponsored are no longer in the House.

pcosmar
05-11-2014, 01:33 PM
Will it ever get out of committee and onto the Floor?

tsai3904
05-11-2014, 01:59 PM
Will it ever get out of committee and onto the Floor?

It did in 2012 with Boehner and Cantor in charge so there shouldn't be any reason they won't pass it again this year.

HOLLYWOOD
05-11-2014, 02:25 PM
Will it ever get out of committee and onto the Floor? I see no problem bringing it to a vote, I presume they are waiting for the FEDERAL RESERVE lawyers and US Senate to conjure-up a watered-down FED AUDIT version to submit/accept. Just like Ron's H.R. 1207, which turned into Bernie Sander's "Compromises Had To Be Made" Bill S.605 if I recall correctly.

Here's the group leaders:

Committee on Financial Services
Jeb Hensarling (R-TX) Chairman

Gary G. Miller, (D-CA) Vice Chairman

Spencer Bachus, (R-AL) Chairman Emeritus


Committee on Oversight and Government Reform
Rep. Darrell E. Issa (R-CA) Committee Chairman

Rep. Elijah Cummings (D-MD) Ranking Member

TruckinMike
05-11-2014, 02:31 PM
What about
What about
Section 8.

The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow Money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish a uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;




Hey Zippy It says "money". Not "currency". :)

Tinnuhana
05-11-2014, 03:37 PM
IIRC HR 1207 had over 300 co-sponsors in the house, but the senate lagged behind, setting up the Sanders "compromise". The senate has to get on board to pass the audit bill and that will be a tough sell unless the economy takes a visible (to the public) "tank". Then we hold the senators' feet to the fire (I know: mixed metaphors), to pass the intact senate version as public opinion rages.

pcosmar
05-11-2014, 03:48 PM
IIRC HR 1207 had over 300 co-sponsors in the house, but the senate lagged behind, setting up the Sanders "compromise". The senate has to get on board to pass the audit bill and that will be a tough sell unless the economy takes a visible (to the public) "tank". Then we hold the senators' feet to the fire (I know: mixed metaphors), to pass the intact senate version as public opinion rages.

And I expect that if/and when that happens the feuderal reserve will fold it's tents and scatter,, and the IMF/World Bank will take over.

time will tell.

johnwk
05-11-2014, 04:25 PM
That legislation is another path to nowhere! If those Representatives are sincere about ending the theft which occurs in consequence of the Federal Reserve System, they would be passing legislation to remove the words from Federal Reserve Notes which declare THIS NOTE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE. Those words created a money monopoly for a ruthless banking cartel in spite of our founders expressed intentions to forbid Notes of any kind to be made a legal tender.


What about


Section 8.

The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow Money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish a uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;




I'm not a mind reader. Explain what you are suggesting with the SECTION 8 quote.


JWK



If the America People do not rise up and defend their existing Constitution and the intentions and beliefs under which it was adopted, who is left to do so but the very people it was designed to control and regulate?

tsai3904
05-11-2014, 04:32 PM
IIRC HR 1207 had over 300 co-sponsors in the house, but the senate lagged behind, setting up the Sanders "compromise". The senate has to get on board to pass the audit bill and that will be a tough sell unless the economy takes a visible (to the public) "tank". Then we hold the senators' feet to the fire (I know: mixed metaphors), to pass the intact senate version as public opinion rages.

It will only receive a vote in the Senate when the Republicans gain control, but that is still not a guarantee the bill will pass since there are several Republican Senators opposed to an audit. However, because there was a vote in the House in 2012, there are now five current Democratic Senators on the record of voting for Audit the Fed when they were in the House. This is why it's still extremely important for people to contact their Reps and ask them to support the bill because many eventually end up running for Senate.

DFF
05-11-2014, 07:31 PM
The majority of the House will vote "Aye," then the Fed's whores in the Senate will shoot it down.

The higher you go in the power pyramid, the more corruption there is.

It's commendable that Rand is picking up where Ron left off, but Audit the Fed will never get passed.

The only way were getting rid of the Fed is by the Fed's self destruction, which will happen eventually, presuming "helicopter" Yellen continues with printing presses full steam ahead.

kcchiefs6465
05-11-2014, 08:02 PM
Audit the Fed passes the House every year.

Harry Reid will not allow a vote in the Senate.

Though he advocated for an audit for much of his 'career.'

Skip to 2:09 if you are pressed for time.


http://www.youtube.com/watch?v=E1_OlWcWO4o

vita3
05-12-2014, 05:48 AM
Need to focus on lobbying the Senate & calling out Hary Reid if it doesn't come up for a vote.

Mr.NoSmile
05-12-2014, 10:51 AM
Need to focus on lobbying the Senate & calling out Hary Reid if it doesn't come up for a vote.

Which he probably never will, really.

jclay2
05-12-2014, 11:20 AM
Why do I have a feeling that this will lead to nothing (even if passed).

Zippyjuan
05-12-2014, 12:30 PM
I'm not a mind reader. Explain what you are suggesting with the SECTION 8 quote.


JWK



If the America People do not rise up and defend their existing Constitution and the intentions and beliefs under which it was adopted, who is left to do so but the very people it was designed to control and regulate?



The US Constitution, which was written by and approved by the founders, lets Congress determine what is money.

surf
05-12-2014, 12:48 PM
wish we had more ds on board - nice to see my buddy Grayson. I keep getting a "we'll see" from my rep.

better rep from NY would be nice as well.