Should Ron Paul push for an audit of the Fed?
JT For Political Reform
2010/11/08 14:09:52
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I would love to see this happen. We need to see who is controlling it and where the money is, if there is any.
Read More: http://www.newsmax.com/InsideCover/Ron-Paul-Audit-...
The new Consumer Protection Agency. This agency with the ability to make law, will be funded by the Fed, and answerable only to the POTUS. No congressional oversight or power at all. Anyone else see a problem with this? Why would the Fed be funding this agency? This should scare us all!
End the Fed
Only the Federal Government has the right to print and coin money.
Get Back To The Gold Standard.
I do NOT use the word "KILL" lightly.
I wholly understand and support RP's drive to End the Fed and/or Audit the Fed.
That is NOT going to happen. That is because Gov and The Fed are in bed together, and the duo Fed/Gov team is the scheme by which each supports the other. Only fools believe that an audit will somehow cure the ills of the system.
Most everyone "unthinks" that Fed must be replaced. The entire problem is the fallacy of central banks and fiat money. Who really needs either? Yeah, an audit may reveal a bit of useless information; it will be something to holler about, just like we holler about Bush and Obama and Pelosi and Rangel, etc etc ad nauseum. It may even someday result in a few changes for the somewhat-better.
All sh*t-houses eventually overflow, rot and collapse. Why replace it with another of the same?
Step aside, people. The free market will quickly produce a free banking system. All that is necessary is to issue NOT fiat, but SECURED currency.
The security can be anything of value which is acceptable to both buyers and sellers. Fiat money is not a "store of value", it is merely a medium of exchange existing only for the convenience of the marketplace.
Any "central bank" within a free market would be simply a clearing house, no...
I wholly understand and support RP's drive to End the Fed and/or Audit the Fed.
That is NOT going to happen. That is because Gov and The Fed are in bed together, and the duo Fed/Gov team is the scheme by which each supports the other. Only fools believe that an audit will somehow cure the ills of the system.
Most everyone "unthinks" that Fed must be replaced. The entire problem is the fallacy of central banks and fiat money. Who really needs either? Yeah, an audit may reveal a bit of useless information; it will be something to holler about, just like we holler about Bush and Obama and Pelosi and Rangel, etc etc ad nauseum. It may even someday result in a few changes for the somewhat-better.
All sh*t-houses eventually overflow, rot and collapse. Why replace it with another of the same?
Step aside, people. The free market will quickly produce a free banking system. All that is necessary is to issue NOT fiat, but SECURED currency.
The security can be anything of value which is acceptable to both buyers and sellers. Fiat money is not a "store of value", it is merely a medium of exchange existing only for the convenience of the marketplace.
Any "central bank" within a free market would be simply a clearing house, not a bank at all.
That's how we "End the Fed" - simply ignore it and it's fiat dollar (along with also-fiat t-bills and etc), and the entire phony system will quickly collapse because Monopoly money cannot compete with anything real.
Allow both existing banks and new banks to issue secured money, it's that simple. Don't keep on letting that insane Big Brother to tell you what you can, or cannot do.
Read my http://no-ruler.net/blog/comp...
I don't claim it's a purely original idea, nor that I've fully developed the thoughts (the free market will take care of that), but it is the only way out from under Control.
You can skip to "Here is The Plan..."