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Senator Conrad responded to me by mail now, which means I have to type it up:
Dear Daniel:
Thank you for contacting me about the Federal Reserve. It was good to hear from you.
I share your support for auditing the Federal Reserve. That is why I supported an amendment during Senate consideration of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). The amendment, offered by Senator Sanders (S.A. 3738), required the non-partisan Government Accountability Office (GAO) to conduct an independent audit of the Board of Governors of the Federal Reserve System. The amendment, which was adopted, required that the Fed disclose the names of the recipients of the extraordinary financial assistance it provided in response to the economic crisis. In meeting this requirement, the Federal Reserve reported beneficiaries of the credit and lending facilities, and other monetary policy tools, created by the Fed to respond to the financial crisis. If you have not done so already, you can review a list of transactions at: http://www.federalreserve.gov/newsev...ransaction.htm
Additionally, you may be interested t know that the Dodd-Frank Act provides the GAO the authority to audit any emergency lending facility set up by the Federal Reserve under section 13(3) of the Federal Reserve Act. The President signed the Dodd-Frank Act, including these audit provisions, into law on July 21 2010.
Specifically, you expressed your support for additional legislation to audit the Federal Reserve. As you may know, the Federal Reserve Transparency Act (S. 202) would require an audit of the Federal Reserve before the end of 2012, resulting in a full report to congress. S. 202 was introduced by Senator Paul on January 26. It was referred to the Senate Committee on Banking, Housing, and Urban Affairs. Please be assured I will keep your views in mind should this or similar legislation come before the full Senate.
Again, thank you for contacting me.
Sincerely,
KENT CONRAD
United States Senate
Last edited by Xenliad; 06-15-2012 at 09:39 AM.
Beat Obama Committee supports Audit the Fed legislation:
:Perma-Smile: This is awesome!!Henderson, Nevada (PRWEB) June 16, 2012
The Beat Obama Committee is calling on its members to fax Congress in support of legislation to audit the Federal Reserve. Congressman Ron Paul of Texas is the original sponsor of HR 459, the Federal Reserve Transparency Act. Senator Rand Paul of Kentucky sponsored the companion legislation, S 202, in the Senate. The Act would repeal Congressional limitations on auditing the Federal Reserve, and calls for a complete audit of the privately-owned bank's Board of Governors and branches before the end of 2012.
According to a May 25, 2012 story reported on The Hill website, House Majority Leader Eric Cantor has agreed to bring the Federal Reserve Transparency Act to a full vote in July of 2012.
"Federal Reserve Chairman Ben Bernanke refused to tell Congress where it sent money during the TARP bailouts in 2009," said Randy Goodwin, Treasurer of the Beat Obama Committee. "It was only after a partial audit of the bank in 2011 that we learned they had given 16 trillion dollars in taxpayer money to foreign banks."
The Beat Obama Committee believes that the Federal Reserve needs to be held accountable for the devaluation of the U.S. dollar. According to the Government Accountability Office audit in 2011, more than 16 trillion dollars was given to foreign banks and corporations by the Federal Reserve, without authority from Congress.
"The American taxpayer will be paying for these actions for years to come," said Goodwin. "The inflation brought about by Barack Obama's bailouts and the Federal Reserve's actions has translated into a 40 percent tax increase on the poor and middle class. And that's just in the last 3 years."
The Beat Obama Committee believes that an audit of the Federal Reserve will shed light on the reasons for the current financial depression that the U.S. is in. If members of the public wish to fax Congress and tell them to audit the fed, they can do so by visiting the Beat Obama website.
ETA: http://www.timesunion.com/business/p...ed-3638798.php
Last edited by P3ter_Griffin; 06-16-2012 at 11:38 PM. Reason: Link
Two new co-sponsors to HR 459 yesterday:
Now up to 243 co-sponsors.Rep Ellmers, Renee L. [NC-2] - 6/18/2012
Rep Whitfield, Ed [KY-1] - 6/18/2012
FreedomWorks CEO sent out this message today:
Dear FreedomWorks member,
As one of our million-plus FreedomWorks members nationwide, I urge you to contact your representative and ask him or her to cosponsor H.R. 459, the Federal Reserve Transparency Act of 2011. Introduced by Rep. Ron Paul (R-TX), the bill would eliminate the current audit restrictions placed on the Government Accountability Office (GAO) and require a full and thorough audit of the Federal Reserve.
Since its inception in 1913, the Federal Reserve has never been audited. It has always operated under a certain veil of secrecy. Our dollar has lost 97 percent of its value since its creation. Many economists have found that the central bank’s loose monetary policy played a major role in the current economic crisis. It is more crucial than ever that the Federal Reserve’s monetary policy decisions be open to congressional oversight. Without a comprehensive audit, we will never know how the Fed is manipulating our money behind closed doors.
The American people overwhelmingly support auditing the Federal Reserve. We will not settle for a one-time watered down audit of the Federal Reserve which was included in the misguided Dodd-Frank financial overhaul law passed last summer. According to a recent Rasmussen Report poll, 74 percent of adults are in favor of a comprehensive audit the Federal Reserve. In the last congressional session, Rep. Ron Paul’s audit the Federal Reserve legislation won a bipartisan group of 320 cosponsors before passing the House.
With opaque bank bailouts done through “quantitative easing” among other programs, the Federal Reserve has violated the trust granted to it that allowed for secretive operations. With sound money crucial to our future prosperity, we must push for a full audit to bring much-needed transparency and accountability to the overreaching central bank. I urge you to contact your representative and ask her or her to cosponsor H.R. 459, the Federal Reserve Transparency Act of 2011 today.
Sincerely,
Matt Kibbe
President and CEO
FreedomWorks
Bump. Just contacted (for the third time) my Representative Nan Hayworth as well as senators Schumer and Gillibrand. Not sure if they'll even bother responding anymore, lol.
Two new co-sponsors to HR 459 yesterday:
Now up to 245 co-sponsors.Rep Hunter, Duncan D. [CA-52] - 6/20/2012
Rep McHenry, Patrick T. [NC-10] - 6/20/2012
Response from Ron Kind:
Dear Joseph:
Thank you for contacting me about the Federal Reserve Transparency Act of 2011, H.R. 459. I appreciate hearing from you on this issue.
The Federal Reserve System serves as the central bank of the United States. The Federal Reserve itself is an independent agency that formulates the nation’s monetary policy, supervises and regulates banks, and provides financial services to depository instituations and the federal government. The entity is comprised of the presidentially appointed Board of Governors, the Federal Open Market Committee, and twelve regional privately-owned Federal Reserve banks located in major cities throughout the nation.
The Federal Reserve Transparency Act of 2011, H.R. 459, would audit the Board of Governors of the Federal Reserve System and the Federal Reserve banks. Although I have consistently supported greater transparency in government, I also believe that the Federal Reserve plays a key role as a non-partisan agency, and it should be protected from excessive political and industry pressures. Now more than ever, we must support the Federal Reserve’s mission and the current measures being taken to help our ailing economy. H.R. 459 has been sent to the House Committee on Oversight and Government Reform for review. If it comes before the full House for a vote, I will be sure to keep your thoughts in mind.
Again, thank you for contacting me. Please do not hesitate to be in touch with additional comments or concerns. I also encourage you to visit my website, www.kind.house.gov, where you can find updated information, sign up to receive my electronic newsletter, and send me e-mail.
Sincerely,
Ron Kind
Member of Congress
And what does an audit have anything to do with this??I also believe that the Federal Reserve plays a key role as a non-partisan agency, and it should be protected from excessive political and industry pressures. Now more than ever, we must support the Federal Reserve’s mission and the current measures being taken to help our ailing economy.
Six new co-sponsors to HR 459 yesterday:
Now up to 251 co-sponsors.Rep Denham, Jeff [CA-19] - 6/21/2012
Rep Franks, Trent [AZ-2] - 6/21/2012
Rep Chabot, Steve [OH-1] - 6/21/2012
Rep Hanna, Richard L. [NY-24] - 6/21/2012
Rep Ros-Lehtinen, Ileana [FL-18] - 6/21/2012
Rep Hensarling, Jeb [TX-5] - 6/21/2012
Campaign for Liberty statement:
These are the members of the committee (those in bold HAVE NOT cosponsored HR 459):The House Oversight and Government Reform Committee will hold a markup on Audit the Fed, H.R. 459, possibly even as soon as next week!
There are 40 members of the House Oversight Committee and 26 are co-sponsors of HR 459.Rep. Darrell E. Issa (CA-49)
Rep. Dan Burton (IN-05)
Rep. John L. Mica (FL-07)
Rep. Todd Platts (PA-19)
Rep. Michael Turner (OH-03)
Rep. Patrick T. McHenry (NC-10)
Rep. Jim Jordan (OH-04)
Rep. Jason Chaffetz (UT-03)
Rep. Connie Mack (FL-14)
Rep. Tim Walberg (MI-3)
Rep. James Lankford (OK-5)
Rep. Justin Amash (MI-3)
Rep. Ann Marie Buerkle (NY-25)
Rep. Paul Gosar (AZ-1)
Rep. Raúl R. Labrador (ID-1)
Rep. Pat Meehan (PA-7)
Rep. Scott DesJarlais (TN-4)
Rep. Joe Walsh (IL-8)
Rep. Trey Gowdy (SC-4)
Rep. Dennis Ross (FL-12)
Rep. Frank Guinta (NH-1)
Rep. Blake Farenthold (TX-27)
Rep. Mike Kelly (PA-3)
Rep. Elijah Cummings (MD-7)
Rep. Edolphus Towns (NY-10)
Rep. Carolyn Maloney (NY-14)
Rep. Eleanor Holmes Norton (D.C.)
Rep. Dennis Kucinich (OH-10)
Rep. John Tierney (MA-6)
Rep. Wm. Lacy Clay (MO-1)
Rep. Stephen Lynch (MA-9)
Rep. Jim Cooper (TN-5)
Rep. Gerald Connolly (VA-11)
Rep. Mike Quigley (IL-5)
Rep. Danny Davis (IL-7)
Rep. Bruce Braley (IA-1)
Rep. Peter Welch (VT-At-Large)
Rep. John Yarmuth (KY-3)
Rep. Christopher Murphy (CT-5)
Rep. Jackie Speier (CA-12)
I attended a town hall event today hosted by Congressman Pete Stark. He is a cosponsor of HR 459 and I asked him to explain why we need a full audit of the Federal Reserve in hopes that other people will understand too.
He showed a complete lack of understanding of what the bill does as he says there might not even be authority to do a full audit. He also said he doesn't think the Fed is cooking the books but that's really not the point of the audit. He said he was indifferent to the bill but he will talk to Ron Paul about it as he said they are good friends and kindred souls in doing away with the wars. He joked that he thought Ron was going to pick him as his VP.
Who wants to do some work to help get this bill passed?
There is a target list of Representatives that we need to get on board. Some Reps should be easy to persuade and some Reps we need to persuade. We need to call these Reps and urge them to support the bill and also find out when their next scheduled public event will be so we can get them on the record of where they stand on the bill.
Easy to Persuade
52 Democrats who cosponsored HR 1207 in the last Congress but have yet to cosponsor HR 459 in this Congress. Both bills do exactly the same thing so if these Reps cosponsored HR 1207, it shouldn't be too hard to get them back on board to cosponsor HR 459.
24 Republicans who have yet to cosponsor HR 459. 218 of the 242 House Republicans have cosponsored HR 459. It should be fairly easy to convince the 10% of House Republican holdouts to support HR 459 given that 90% of House Republicans have cosponsored the bill.
Need to Persuade
14 members of the House Oversight and Government Reform Committee who have yet to cosponsor HR 459. The bill will have to pass this committee before it reaches the full House for a floor vote. Of these 14, two are Republicans and four are Democrats who cosponsored HR 1207 in last Congress.
We need help making phone calls.
HR 459 will have to be marked up in the House Oversight and Government Reform Committee before it heads to the House floor for a full vote.
Below is the list of members of the committee who have not yet cosponsored HR 459. Out of 40 members, the below 14 have not cosponsored.
Please give them a call and urge them to cosponsor HR 459.
The ones in bold cosponsored HR 1207 in the last Congress so there shouldn't be any reason why they won't support HR 459, since both bills do the same thing.
The city and zip code are provided in case they ask you if you're a constituent.
Representative District DC Office City Zip Code Braley, Bruce D-IA-01 202-225-2911 Davenport 52801 Buerkle, Ann Marie R-NY-25 202-225-3701 Syracuse 13261 Clay, Wm. Lacy
D-MO-01 202-225-2406 St. Louis 63108 Connolly, Gerald D-VA-11 202-225-1492 Annandale 22003 Cooper, Jim D-TN-05 202-225-4311 Nashville 37219 Cummings, Elijah D-MD-07 202-225-4741 Cantonsville 21228 Davis, Danny D-IL-07 202-225-5006 Chicago 60612 Issa, Darrell R-CA-49 202-225-3906 Vista 92081 Lynch, Stephen D-MA-09 202-225-8273 Brockton 02301 Maloney, Carolyn D-NY-14 202-225-7944 New York 10128 Murphy, Chris D-CT-05 202-225-4476 Danbury 06810 Norton, Eleanor Holmes D-DC-AL 202-225-8050 DC 20020 Quigley, Mike D-IL-05 202-225-4061 Chicago 60618 Towns, Edolphus D-NY-10 202-225-5936 Brooklyn 11236
Last edited by tsai3904; 06-25-2012 at 10:27 AM.
Here is a list of Democrats who cosponsored HR 1207 in the last Congress but have not yet cosponsored HR 459 in this Congress. Both bills do the same thing so there's no reason why these Representatives shouldn't support HR 459.
Please give them a call and remind them that since they supported the same bill in the last Congress, you're going to expect them to support HR 459 when it comes up for a vote in July.
Representative
District DC Office City Zip Code Berkley, Shelley D-NV-01 202-225-5965 Las Vegas 89102 Bishop, Timothy D-NY-01 202-225-3826 Riverhead 11901 Boren, Dan D-OK-02 202-225-2701 Claremore 74017 Braley, Bruce D-IA-01 202-225-2911 Davenport 52801 Brown, Corrine D-FL-03 202-225-0123 Orlando 32801 Chu, Judy D-CA-32 202-225-5464 West Covina 91790 Clay, Wm. Lacy D-MO-01 202-225-2406 St. Louis 63108 Cohen, Steve D-TN-09 202-225-3265 Memphis 38103 Courtney, Joe D-CT-02 202-225-2076 Enfield 06082 Cuellar, Henry D-TX-28 202-225-1640 San Antonio 78205 Doggett, Lloyd D-TX-25 202-225-4865 Austin 78701 Doyle, Michael D-PA-14 202-225-2135 Pittsburgh 15203 Edwards, Donna D-MD-04 202-225-8699 Silver Spring 20910 Farr, Sam D-CA-17 202-225-2861 Santa Cruz 95060 Filner, Bob D-CA-51 202-225-8045 Chula Vista 91910 Fudge, Marcia D-OH-11 202-225-7032 Bedford 44146 Grijalva, Raul D-AZ-07 202-225-2435 Tucson 85705 Heinrich, Martin D-NM-01 202-225-6316 Albuquerque 87121 Higgins, Brian D-NY-27 202-225-3306 Buffalo 14210 Hirono, Mazie D-HI-02 202-225-4906 Honolulu 96850 Holden, Tim D-PA-17 202-225-5546 Lebanon 17042 Jackson, Jesse, Jr. D-IL-02 202-225-0773 Chicago 60649 Johnson, Eddie D-TX-30 202-225-8885 Dallas 75201 Johnson, Hank D-GA-04 202-225-1605 Lithonia 30058 Kildee, Dale D-MI-05 202-225-3611 Bay City 48708 Langevin, Jim D-RI-02 202-225-2735 Warwick 02886 Lewis, John D-GA-05 202-225-3801 Atlanta 30303 Lujan, Ben D-NM-03 202-225-6190 Santa Fe 87505 McNerney, Jerry D-CA-11 202-225-1947 Pleasanton 94588 Miller, Brad D-NC-13 202-225-3032 Greensboro 27401 Murphy, Chris D-CT-05 202-225-4476 Waterbury 06702 Nadler, Jerrold D-NY-08 202-225-5635 Brooklyn 11224 Pascrell, Bill, Jr. D-NJ-08 202-225-5751 Paterson 07505 Pastor, Ed D-AZ-04 202-225-4065 Phoenix 85004 Perlmutter, Ed D-CO-07 202-225-2645 Lakewood 80215 Pingree, Chellie D-ME-01 202-225-6116 Portland 04101 Quigley, Mike D-IL-05 202-225-4061 Chicago 60618 Reyes, Silvestre D-TX-16 202-225-4831 El Paso 79901 Richardson, Laura D-CA-37 202-225-7924 Long Beach 90802 Ruppersberger, Dutch D-MD-02 202-225-3061 Middle River 21220 Ryan, Tim D-OH-17 202-225-5261 Youngstown 44503 Sarbanes, John D-MD-03 202-225-4016 Annapolis 21401 Schakowsky, Jan D-IL-09 202-225-2111 Evanston 60201 Schiff, Adam D-CA-29 202-225-4176 Pasadena 91103 Scott, David D-GA-13 202-225-2939 Jonesboro 30236 Sherman, Brad D-CA-27 202-225-5911 Sherman Oaks 91403 Shuler, Heath D-NC-11 202-225-6401 Ahseville 28801 Slaughter, Louise D-NY-28 202-225-3615 Niagara Falls 14301 Smith, Adam D-WA-09 202-225-8901 Tacoma 98402 Sutton, Betty D-OH-13 202-225-3401 Akron 44308 Thompson, Bennie D-MS-02 202-225-5876 Bolton 39041 Walz, Timothy D-MN-01 202-225-2472 Mankato 56001
Last edited by tsai3904; 06-25-2012 at 10:37 AM.
^^^ bump ^^^
"When a portion of wealth is transferred from the person who owns it—without his consent and without compensation, and whether by force or by fraud—to anyone who does not own it, then I say that property is violated; that an act of plunder is committed." - Bastiat : The Law
"nothing evil grows in alcohol" ~ @presence
"I mean can you imagine what it would be like if firemen acted like police officers? They would only go into a burning house only if there's a 100% chance they won't get any burns. I mean, you've got to fully protect thy self first." ~ juleswin
^^^ Help, we need these people on board, it's up to you (and me)
"When a portion of wealth is transferred from the person who owns it—without his consent and without compensation, and whether by force or by fraud—to anyone who does not own it, then I say that property is violated; that an act of plunder is committed." - Bastiat : The Law
"nothing evil grows in alcohol" ~ @presence
"I mean can you imagine what it would be like if firemen acted like police officers? They would only go into a burning house only if there's a 100% chance they won't get any burns. I mean, you've got to fully protect thy self first." ~ juleswin
OK folks, let's make those calls!
From tsai's other thread:
Ron Paul's Audit the Fed bill, HR 459, is scheduled for a markup on Wednesday, June 27, by the House Committee on Oversight and Government Reform.
http://oversight.house.gov/markup/fu...ss-meeting-30/
The bill MUST pass the committee before it heads to the House floor for a full vote.
There are the 40 members of the House Oversight Committee:
http://oversight.house.gov/committee-members/
14 members of the committee have not yet cosponsored HR 459. They are listed below (members in bold cosponsored HR 1207 in the last Congress).
Please give them a call and urge them to vote for HR 459 at the House Oversight Committee hearing on Wednesday, June 27.
Use the city and zip code in case they ask if you are a constituent.
Representative District DC Office City Zip Code Braley, Bruce D-IA-01 202-225-2911 Davenport 52801 Buerkle, Ann Marie R-NY-25 202-225-3701 Syracuse 13261 Clay, Wm. Lacy
D-MO-01 202-225-2406 St. Louis 63108 Connolly, Gerald D-VA-11 202-225-1492 Annandale 22003 Cooper, Jim D-TN-05 202-225-4311 Nashville 37219 Cummings, Elijah D-MD-07 202-225-4741 Cantonsville 21228 Davis, Danny D-IL-07 202-225-5006 Chicago 60612 Issa, Darrell R-CA-49 202-225-3906 Vista 92081 Lynch, Stephen D-MA-09 202-225-8273 Brockton 02301 Maloney, Carolyn D-NY-14 202-225-7944 New York 10128 Murphy, Chris D-CT-05 202-225-4476 Danbury 06810 Norton, Eleanor Holmes D-DC-AL 202-225-8050 DC 20020 Quigley, Mike D-IL-05 202-225-4061 Chicago 60618 Towns, Edolphus D-NY-10 202-225-5936 Brooklyn 11236
"Integrity means having to say things that people don't want to hear & especially to say things that the regime doesn't want to hear.” -Ron Paul
"Bathtub falls and police officers kill more Americans than terrorism, yet we've been asked to sacrifice our most sacred rights for fear of falling victim to it." -Edward Snowden
Wow, I just called Congressman Clay's office since I used to live near his district. The person who answered said that because congress was currently in recess (???) that there was no way to contact him, but that he would relay any concerns I had. I mentioned HR 459 and how I hoped he would support it since he supported HR 1207 last time. The person knew what I was talking about, and it sounded like they had received several calls.
Overall the person was very nice and said he would relay my message to Congressman Clay. I was expecting and answering machine, so this was a welcome surprise.
Last edited by Monotaur; 06-26-2012 at 10:17 AM.
Thank you for all of your service Ron Paul. You have awakened a great number of liberty minded folks, and inspired many to run for office themselves.
That's odd that he would tell you Congress is in recess because the House actually has a full schedule today.
For the list of 14 that we are calling, we need to stress that they will be voting on HR 459 tomorrow (Wednesday) in the House Oversight Committee hearing.
Anyways, thanks for calling! I know some people are afraid to call but it's very easy because it's probably just an intern taking down whatever comments you have. They may ask for your address and all you need to do is provide the city and zip code I provided.
Last edited by tsai3904; 06-26-2012 at 10:19 AM.
Thank you for all of your service Ron Paul. You have awakened a great number of liberty minded folks, and inspired many to run for office themselves.
The following is what I received from Senator Richard Lugar,
It seems he wants amemdments to water it down, no full audit, but this sure is a long winded way to do it:
Originally Posted by Lugar
"When a portion of wealth is transferred from the person who owns it—without his consent and without compensation, and whether by force or by fraud—to anyone who does not own it, then I say that property is violated; that an act of plunder is committed." - Bastiat : The Law
"nothing evil grows in alcohol" ~ @presence
"I mean can you imagine what it would be like if firemen acted like police officers? They would only go into a burning house only if there's a 100% chance they won't get any burns. I mean, you've got to fully protect thy self first." ~ juleswin
Easy to use action center.
http://www.auditthefed.com/
Remember his End the Fed bill
Cosponsor and vote YES on H.R. 1094 to End the Fed
http://www.votervoice.net/Core/core...._CULTURE=en-us
Last edited by Noob; 06-27-2012 at 03:38 AM.
So what time today should this be voted on?
10am ET.
You can watch the House Oversight Committee hearing here:
http://oversight.house.gov/markup/fu...ss-meeting-30/
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