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Old 10-21-2009, 06:19 PM   #158
peaceandlove
Avalon Senior Member
 
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Re: HR 1207 UPDATES "The Federal Reserve Transparency Act"

Quote:
Originally Posted by Fredkc View Post
Tells me what I needed. The Senate's version is a complete and total farce.

They would redact the names of criminals, for the duration of the program, than give them a 1 year running head start. Complete waste of time.

Pulls the guts out of Paul's efforts, then lets them all say "Look! See? we did something about it, so re-elect us!" Fred
Blessings Fred,

It's so daunting, this struggle...wondering if its at all worthwhile, fighting the illusion...that is.

PaL



URGENT Action Needed: Stop Senators from Selling Out Audit the Fed

Posted by John Tate on 10/21/09 12:02 PM

On Tuesday, Senators Jeff Merkley (D-OR) and Bob Corker (R-TN) introduced "The Federal Reserve Accountability Act," an attempt to kill HR 1207/S 604 by passing a bill that prevents a full audit and full transparency from America's secretive central bank.

While language in this bill would permit a limited audit of the Fed's actions in the Troubled Asset Relief Program (TARP) and similar high profile bailouts, it would not allow an audit to review the Fed's inflation of the money supply or its agreements with foreign central banks, among other shortcomings.

Additionally, the names of the institutions who received the funds would not be available until one year after each "emergency" program ended, and you know how quickly the federal government likes to end programs.

Click here to get the contact information for your senators and urge them not to support this attempt at stopping our historic effort to force the Fed into a full scale audit: http://www.campaignforliberty.com/congress.php

Continues: http://www.campaignforliberty.com/blog.php?view=26719



Call the Senate TODAY! No compromise on S604 and HR 1207!


Posted by RobB on 10/20/09 11:21 PM

Friends, Please take the time to contact Senators Brown and Voinovich, your local Representative to Congress, and Senators Jeff Merkley (D-OR) and Bob Corker (R-TN) this week.

http://www.campaignforliberty.com/blog.php?view=26686#

Continues and MORE Contact Information to Voice your Opinion: http://www.campaignforliberty.com/blog.php?view=26705



Fed Reserve Trojan Horse Audit

Posted by BrockSouthwick on 10/21/09 08:37 AM

21 October 2009

Mr. Senator,

I am writing in reference to proposed legislation in two proposals before the Senate.

The first of the two bills is The Federal Reserve Sunshine Act - S. 604. I have written you in the past for your support of this proposed legislation which was first introduced in March of this year. Currently over 30 of your fellow Senators in co-sponsoring this much needed legislation to provide transparency of the Federal Reserve System.

The second bill before the senate is without a number as of this morning. This proposal is titled the Federal Reserve Accountability Act, and was introduced yesterday by Senators Jeff Merkley (D-OR) and Bob Corker (R-TN). This proposal ultimately constitutes an unacceptable compromise to S.604. The Federal Reserve Accountability Act falls entirely short of the full transparency of monetary policy that would be offered under S.604. The Fed has made decisions in the past which have in many ways led to the current economic crisis, as well as the continued deterioration of our dollar.

I ask for your support for the bill which would provide the highest level of accountability for those who have been assigned such an enormous responsibility within our American economy. The only bill which provides this level of accountability is S. 604. Thank you for your time.

Truly,

Brock T. Southwick

SOURCE: http://www.campaignforliberty.com/blog.php?view=26715

Last edited by peaceandlove; 10-21-2009 at 06:26 PM.
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