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Bank-Connected Democrat Mel Watt Strips H.R. 1207 of Almost Everything
- November 02, 2009 16:20:48
- Read all 21 comments
- +8 raves
- Rep. Ron Paul, R-Texas, introduced H.R. 1207, which would have required a full audit of the Federal Reserve and its activities, which crosses international lines.
The House Financial Service Committee’s panel on domestic monetary policy, Rep. Mel Watt, D-N.C., essentially stripped the bill of just about everything that would have required transp... Read full article »
The House Financial Service Committee’s panel on domestic monetary policy, Rep. Mel Watt, D-N.C., essentially stripped the bill of just about everything that would have required transp... Read full article »
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**Writes Name Down In sHIT List** Called and said that he is pushing treasonView thread
that is what I am able to do so far. Lots of us are in D.C. right now on separate business, but maybe they can make a house call on the "Good Congressmen" Watts.
Thanks for this, Dan.
Ron Paul is right that we need an audit of the entire Federal Reserve System. Not only a current audit that they are able to prepare for, but a historical audit that tracks what they have been doing since their inception.
It won't happen as long as there are Democrats in government in America.
When you fail to for for either a Republican, Independent or a Conservative it is the same thing as voting for the Democrat.
When you skip the election and just don't vote because you don't like the choices it is the same thing as voting for the winner.
The radical far left has been hammering on their hatred of George Bush since 1988. That is 23 years of a continuous drumbeat of "It's all George Bush's fault!" The far left rumbling started 5 years earlier with the campaign of Ronald Reagan. That is 28 years of a constant rumbling that became the mantra of the radical far left Progressive Democrats - "It's all George Bush's fault!"
The only cure is going to be to maintain a steady drumbeat up to 2010 and than on past that to 2012 and vote against anyone with a (D) following their name.
Americans typically don't like to be "against" something - they usually prefer to be "for" the solution instead of "against" the problem. In this case th...
Ron Paul is right that we need an audit of the entire Federal Reserve System. Not only a current audit that they are able to prepare for, but a historical audit that tracks what they have been doing since their inception.
It won't happen as long as there are Democrats in government in America.
When you fail to for for either a Republican, Independent or a Conservative it is the same thing as voting for the Democrat.
When you skip the election and just don't vote because you don't like the choices it is the same thing as voting for the winner.
The radical far left has been hammering on their hatred of George Bush since 1988. That is 23 years of a continuous drumbeat of "It's all George Bush's fault!" The far left rumbling started 5 years earlier with the campaign of Ronald Reagan. That is 28 years of a constant rumbling that became the mantra of the radical far left Progressive Democrats - "It's all George Bush's fault!"
The only cure is going to be to maintain a steady drumbeat up to 2010 and than on past that to 2012 and vote against anyone with a (D) following their name.
Americans typically don't like to be "against" something - they usually prefer to be "for" the solution instead of "against" the problem. In this case the infection is so pervasive that the only real cure is for people to be against the socialization of America and for the people to vote "against" each and every Democrat.
Many of the Democrats are good solid people with the best interests of America in their heart. They are not the problem. The problem is that their Party is infected with radical far left Progressives and there is no way to rid America of the problem without a complete disinfecting. It will require 52 weeks of constant hammering to the 2010 elections, a solid vote against the Democrats in 2010, and then a solid 104 weeks of constant hammering to the 2012 elections and complete the disinfecting of America. Each and every single Democrat and past Democrat will have to be voted out of office at every level of government.
It isn't hard - you just don't vote for anybody with a (D) after their name.
The traditional decent solid American Democrats need to form a new party and leave the infected and disease ridden portion of the old party behind.
Partisan politics is not destroying America because true partisanship does not exist. A faux partisanship exists only to perpetuate the myth that we still have a representative form of government. The sooner we come to grips with that, the sooner we'll know what to aim at.
Americans have to learn to doing something besides walking with their head facing backwards. It is part of the problem in ever getting them to see where they are heading.
Check with Ron Paul - the lack of a provision for audits has been a designed in problem ever since the Progressives got the amendment passed.
# Federal Reserve Board Abolition Act. H.R. 833, 2009-02-03, originally H.R. 1148, 1999-03-17. Abolishes the Federal Reserve Board and its banks and repeals the Federal Reserve Act.
When Paul introduced the Federal Reserve Board Abolition Act just two years ago, no other members of Congress signed on.
# Honest Money Act. H.R. 2756, 2007-06-15, originally H.R. 2779, 2003-07-17. Repeals 31 U.S.C. 5103, the legal tender law that currently mandates acceptance of Federal Reserve notes as legal tender, in accord with hard money policy.
No cosponsors.
# Sunshine in Monetary Policy Act. H.R. 2754, 2007-06-15, originally H.R. 4892, 2006-03-07. Requires the Federal Reserve Board to continue to publish the M3 monetary aggregate on a weekly basis. The Federal Reserve ceased publishing M3 statistics as of March 23, 2006, explaining that it costs a lot to collect the data but does not provide significantly useful information.
One R and one D cosponsor.
# Free Competition in Currency Act of 2007. H.R. 4683, 2007-12-13. Strikes sections 486 and 489 of title 18, Unite...
# Federal Reserve Board Abolition Act. H.R. 833, 2009-02-03, originally H.R. 1148, 1999-03-17. Abolishes the Federal Reserve Board and its banks and repeals the Federal Reserve Act.
When Paul introduced the Federal Reserve Board Abolition Act just two years ago, no other members of Congress signed on.
# Honest Money Act. H.R. 2756, 2007-06-15, originally H.R. 2779, 2003-07-17. Repeals 31 U.S.C. 5103, the legal tender law that currently mandates acceptance of Federal Reserve notes as legal tender, in accord with hard money policy.
No cosponsors.
# Sunshine in Monetary Policy Act. H.R. 2754, 2007-06-15, originally H.R. 4892, 2006-03-07. Requires the Federal Reserve Board to continue to publish the M3 monetary aggregate on a weekly basis. The Federal Reserve ceased publishing M3 statistics as of March 23, 2006, explaining that it costs a lot to collect the data but does not provide significantly useful information.
One R and one D cosponsor.
# Free Competition in Currency Act of 2007. H.R. 4683, 2007-12-13. Strikes sections 486 and 489 of title 18, United States Code, due to "prosecutorial abuse". The Code sections effectively restrict private minting, and were cited by the FBI as justification for its November 2007 raid of Liberty Services, and its seizure of property allegedly including nearly two tons of precious metals and copper — much of which had been independently minted by Liberty Services with Paul's image. Paul commented, "If we don't do something about the dollar, the market will. I would like to legalize competition in currency."
No cosponsors
Ron Paul has openly accused the majority of Congress (regardless of party affiliation) of blocking attempts to penetrate the Federal Reserve's political shield. His threat to the Federal Reserve is one of the main reasons the MSM and the Republican Party has continuously vilified him in their attempts to marginalize his efforts.
I don't agree that fixing the blame is far more important than fixing the problem, but of course fixing the blame is the most important issue rather than worrying about a solution.
By the way, not to seem un-American but I don't really agree that it is all the Republicans fault.
I by no means advocate voting in more Marxists. I just don't want people to think that, so long as they have an (R) after their name, that voting for them will fix things. That is what got us into this mess in the first place. Look at Dede Scozzafava (the Marxist the Republicans ran as a candidate in New York's 23rd CD) as a poster child for my assertion.
>>"I don't agree that fixing the blame is far more important than fixing the problem..."
I merely wanted to counter your attempt to fix the blame solely on the Democrats when the RepubliCrats (both corrupted parties) are to blame.
>>"but of course fixing the blame is the most important issue rather than worrying about a solution."
If you can't identify the problem, you can't fix it. Again, I merely wanted to emphasize that the Federal Reserve has been protected by the vast majority of both parties, not just the Democrats. Only because of Ron Paul's recent explosion of national support and recognition as well as the economic crisis have Republicans finally jumped on board his bandwagon. They're merely trying to save their own asses.
>>"By the way, not to seem un-American but I don't really agree that it is all the Republicans fault."
Nor do I.
Dear Friend of Liberty,
We have all worked so hard to make an Audit of the Federal Reserve a reality. Together, we have led the fight to get congressional hearings, 308 cosponsors, and unprecedented attention around the country.
Now, you and I face our biggest challenge yet. And Ron Paul needs your help!
Mel Watt (D-NC), Chairman of the Monetary Policy Subcommittee, has sided with banking interests and is working to gut substantial audit provisions from H.R. 1207. The bill Congressman Watt has sent to the full Financial Services Committee contains no audit of the Fed’s monetary policy-making authority or transparency of the Fed’s secret agreements with foreign central banks.
Without these provisions, a so-called “audit” of the Fed would be worthless.
The full Financial Services Committee is likely to vote on this bill either later this week or early next.
Congressman Paul will offer an amendment to restore the provisions contained in H.R. 1207 to audit monetary policy and activity with foreign central banks. Thirteen of the 41 Democrats and all 29 Republicans on the Committee have cosponsored H.R. 1207, and if they hold the line, we will have the votes to win and restore our audit.
Dr. Paul has shot a YouTube video for ...
Dear Friend of Liberty,
We have all worked so hard to make an Audit of the Federal Reserve a reality. Together, we have led the fight to get congressional hearings, 308 cosponsors, and unprecedented attention around the country.
Now, you and I face our biggest challenge yet. And Ron Paul needs your help!
Mel Watt (D-NC), Chairman of the Monetary Policy Subcommittee, has sided with banking interests and is working to gut substantial audit provisions from H.R. 1207. The bill Congressman Watt has sent to the full Financial Services Committee contains no audit of the Fed’s monetary policy-making authority or transparency of the Fed’s secret agreements with foreign central banks.
Without these provisions, a so-called “audit” of the Fed would be worthless.
The full Financial Services Committee is likely to vote on this bill either later this week or early next.
Congressman Paul will offer an amendment to restore the provisions contained in H.R. 1207 to audit monetary policy and activity with foreign central banks. Thirteen of the 41 Democrats and all 29 Republicans on the Committee have cosponsored H.R. 1207, and if they hold the line, we will have the votes to win and restore our audit.
Dr. Paul has shot a YouTube video for Campaign for Liberty explaining the situation in more detail. Click here to watch the video.
Pressure on the Democrat House Financial Services Committee members is critical! Below is a list of Democrats who have cosponsored. Please call them and urge them to vote “Yes” on the Paul Amendment. Click on their names to get their web contact information.
1. Rep. John Adler, NJ (202) 225-4765
2. Rep. Travis Childers, MS (202) 225-4306
3. Rep. Steve Driehaus, OH (202) 225-2216
4. Rep. Alan Grayson, FL (202) 225-2176
5. Rep. Rubén Hinojosa, TX (202) 225-2531
6. Rep. Suzanne Kosmas, FL Toll Free: 1-877-956-7627
7. Rep. Dan Maffei, NY (202) 225-3701
8. Rep. Brad Miller, NC (202) 225-3032
9. Rep. Walt Minnick, ID (202) 225-6611
10. Rep. Ed Perlmutter, CO (202)-225-2645
11. Rep. David Scott, GA (202) 225-2939
12. Rep. Brad Sherman, CA (202) 225-5911
13. Rep. Jackie Speier, CA (202) 225-3531
When contacting these members, remember that up to this point, these members have been allies on this issue. A civil yet firm tone should be kept during these calls. They should be thanked for their cosponsorship, told that Mel Watt’s changes to the bill are unacceptable, and urged to hold the line and honor their promise to support transparency at the Fed by voting “Yes” for the Paul amendment.
It is also important that we contact Financial Services Chairman Barney Frank and House Speaker Nancy Pelosi and urge them to schedule a standalone, up or down vote on the real Audit the Fed bill.
Rep. Barney Frank: (202) 225-5931
Speaker Nancy Pelosi: (202) 225-0100
Now is a crucial time for Audit the Fed. If these 13 Democrats hold the line, Ron Paul and C4L can win this battle. But, they must vote “Yes” on the Paul amendment when the full committee votes.
Together, you and I can win this fight.
In Liberty,
John Tate
President