Ron Paul’s Political Legacy Will Be Decided TODAY

July 25th, 2012

FAKE NEWS for the Zionist agenda

Will Paul’s bill to audit “high exalted priesthood” Federal Reserve pass today?

Steve Watson
Prisonplanet.com
July 25, 2012

Ron Pauls Political Legacy Will Be Decided TODAY auditthefed1

Wednesday the 25th of July is the day that libertarian Congressman Ron Paul’s political legacy will be written, as the House votes on his bill to audit the Federal Reserve.

In order to pass, the Federal Reserve Transparency Act, H.R. 459, needs two-thirds of the House to vote in favor. That equates to around 292 votes.

Last month, a bipartisan vote in the House Oversight Committee was almost completely unanimous in approving the bill, advancing it to the House floor.

The bill has 270 co-sponsors, including nearly four dozen Democrats, and insiders believe that every Republican representative will support the legislation, meaning that barring some major flip flopping, the bill will be successfully passed.

If it is successful, the bill would require the Government Accountability Office (GAO) to conduct a top to bottom audit of the Fed’s board of governors and 12 regional banks, and reveal details of its private monetary policy deliberations.

While House Minority Whip Steny Hoyer is leading a Democratic charge against the bill, claiming that it will overly politicize the Fed’s monetary policy and “jeopardize the Fed’s independence”.

Speaking in favor of the bill and addressing this very point, however, Ohio Democratic Rep. Dennis Kucinich urged that the Fed is already “political” in the decisions it makes.

“We have unemployment because of politics. We have people losing their homes because of politics. We have banks getting uncalculated amounts of money from the Federal Reserve and we don’t even know about it. Meanwhile people can’t get a loan to keep their home or keep their business.” Kucinich stated in an impassioned speech.

“Let’s look at some recent history here.” the Congressman continued.

“2008: subprime meltdown, collateralized debt obligation, go back for mortgage-backed securities, neighborhoods in Cleveland melting down, people losing their homes. The Fed looked the other way and we’re saying, ‘oh, don’t go into the Fed, it would be political.’ Yes, it’s political.”

“This is all about disclosure and accountability. You know, the Fed’s not some kind of hocus pocus, black box operation. The Fed essentially supplants the constitutional mandate in Article 1, Section 8, that belongs to the Congress of the United States,” Kucinich added.

“It’s time that Congress stood for its constitutional role: Article 1, Section 8, the power to coin or create money. It’s time we stood up for America’s 99 percent,” said Kucinich. “It’s time that we stood up to the Federal Reserve that right now acts like it’s some kind of high exalted priesthood, unaccountable in a democracy.”

Watch the video:

Ron Paul himself addressed his bill in an appearance yesterday on CSpan:

Ron Paul has made an audit of the Fed a long term goal during his time in Congress.

After introducing his original audit the Fed bill in 2009, a watered down version was added to the Dodd-Frank financial reform law signed into law last year. However, much of Paul’s bill had been stripped away, and even the Congressman himself voted against the final bill.

However, the bill did allow for a rare one off audit of the Federal Reserve’s crisis-response emergency lending programs of 2008. In October of last year, in his role as chairman of the Domestic Monetary Policy subcommittee, Paul relished the glimmer of transparency and led the hearing into the GAO’s audit.

“More people now are starting to realize that the Fed isn’t independent of political independence because indirectly and some times more directly it is involved in political decisions or at least private decisions to serve some political interest.” Paul noted during the hearing last year.

Along with Paul, Republicans in attendance argued that the audit should pave the way for regular reviews of the Fed’s policies, as well as more complete disclosure of exactly who has received upwards of $27 trillion in bail out funds since 2008.

“Would it be much of a problem if we were doing this every year?” Paul asked.

Although the one time GAO audit was extremely limited in its scope, the report found several instances of conflicts of interest and questionable practices involving Fed officials. It was also revealed that the Fed made $16.1 trillion in secret loans to Wall Street firms at the height of the crisis.

The full audit the Fed bill would repeal specific limitations that were applicable to the previous one off audit of the Fed. Currently, any audits of the Board and Federal reserve banks may not include—

(1) transactions for or with a foreign central bank, government of a foreign country, or nonprivate international financing organization;

(2) deliberations, decisions, or actions on monetary policy matters, including discount window operations, reserves of member banks, securities credit, interest on deposits, and open market operations;

(3) transactions made under the direction of the Federal Open Market Committee; or

(4) a part of a discussion or communication among or between members of the Board and officers and employees of the Federal Reserve System related to clauses (1)–(3) of this subsection.

In a QA on his congressional site Paul comments that the new audit bill is needed because the 2010 language didn’t go far enough. “The audit mandated in the Dodd-Frank Act focused solely on emergency credit programs, and only on procedural issues (such as the effectiveness of collateral policies, whether credit programs favored specific participants, or the use of third-party contractors) rather than focusing on the substantive details of the lending transactions. H.R. 459 does not limit the focus of the audit,” Paul notes.

In order for the legislation to be signed into law, it will have to pass both Chambers of Congress. The Senate version of the bill, introduced by Paul’s son Rand (R-KY), has yet to be marked-up for debate.

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Steve Watson is the London based writer and editor for Alex Jones’ Infowars.com, and Prisonplanet.com. He has a Masters Degree in International Relations from the School of Politics at The University of Nottingham in England.

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35 Responses to “Ron Paul’s Political Legacy Will Be Decided TODAY”

And gets swept under the carpet or a spin put on the outcome to Broaden the nwo .. never waste a good disaster they say ! Oh and First BTW :p
hey do you like money? No way! so do I…money is nice…
“…the Fed made $16.1 trillion in secret loans to Wall Street firms at the height of the crisis.”

Wall Street firms were secretly favored. How about your firm? No?!

Gee, I detect a double standard here. And why where they favored? And why the secrecy?
The insiders know and, they were well paid With Your Money. It’s called corruption.
The whole thing stinks to high heaven.

IRONDAD Reply:
July 25th, 2012 at 8:21 am

10 bucks says they find Jimmy Hoffa in there somewhere.They were favored because this was a planned meltdown,the fed screwed us with the help of the banks.Rockefeller took care of his minions.
everything wrong with the gov …our rights …our freedom loss…and the control financial scam ponzi scheem crimes against the american people and its lands ….the support of terrorist natin such as isreal …the home of the moneychanger system of gov crimes against its people originates as they rejected god also ….it was insane to let these barairian moneychanger monsters in this country and elevate them to the top of all people in rights and powers with absolute no accountability ….this has proven to be a joker card to disrouy america from within …in the pure form of deception there oldest practice they know …at the expense of there people and all people of the world ….they need to be booted out period ….to the palestinians consintration camp ….and live what they provide for the lessers in there racist eyes of antichrist moneychangers
the “FED” is a counterfeitting operation to devaluate the currency,
it has been exactly that, for the whole 99 years of its existence.
it is largely responsible for us all just being social security numbers,
property of a corporate (DC!) entity in the stock exchange.
DC, Wall Street, big banks and corporates ALL CONSPIRE TREASON,
the “FED” is like the eye of the needle for all of it.

Carol Ann Reply:
July 25th, 2012 at 11:44 am

captain obvious …..nice comments

Agree with Ho. Great statement! “DC, Wall Street, big banks and corporates ALL CONSPIRE TREASON, the “FED” is like the eye of the needle for all of it.”

Carol Ann Reply:
July 25th, 2012 at 11:46 am

“nice” doesn’t quite express it…”outstanding and incisive” is more accurate….
“…the “FED” is like the eye of the needle for all of it”
Nice analogy!
lets see who are the trators bought off by this bankster organisation
Kucinick is telling the truth
I hate to be a cynic but audit means nothing. I have lost faith in the good doc.
This is a prime example of how people that do not have a clue how the fiat money has controlled, not just the US, but the owners are taking over the world through debt……
Kucinich? He is always a sign of something about to fail. People don’t want to vote on the same side of Kucinich. He was voted out of office, what is he still doing trying to appear legtimiate? He is a total fraud, and one of those closet homos who get their wives through advertisements on the Internet.

I don’t believe this will pass, and if it doesn’t, Ron Paul will go down in history as ineffective and a failure to change anything. If it does pass I’ll be very surprised.
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Ron Paul Put a rider on a bill in 1985 that called for the U.S. Treasury to begin minting gold and silver coin again.
The bill passed and was codified into statute.
And in 1986 American gold eagles and silver eagle coins were made available to the public.
These coins have been available to the public for 26 years now.
Ron Paul stood up for sound lawful money the whole time he has been in the U.S. Congress.
“the patriot act” and plans for a DHS-TSA were ready and waiting before 911.

before 911, the state of our (sabotaged!) economy and financial fraud was front page news.

fraud investigations by the SEC housed in WTC-7 never hit by a plane,
and pending audit of the pentagon for 2.3 trillion dollars “missing”,
WERE NEVER A THREAT to some “sand ghost bin laden”..
DC, Wall Street, big banks and corporations, is another story entirely.

IF “bin laden” were such a “corrupt America hater”, why stop those investigations?
he’d sat back with a bag of popcorn laughin his azz off watchin en being sent to prison!

for staging 911, the treasonous economic saboteuring financial terrorists,
have remained in power, while the PEOPLE remain terrified,
of being MADE unemployed and homeless by these same criminals,
who are erecting a prison grid around our ears to protect themselves,
as they continue to victimize their desperate and clueless victims.

TSA in the airports cant stop a heatseeker up a planes tailpipe fron 1-2 miles away
TSA in train stations cant sabotage of the tracks in the middle of nowhere
TSA aint caught any real terrorists at all but..
TSA sure CAN be caught being a pack of F’d up gay-nazi-paedo-pervs!!!

screw off “Ron Paul”.

you denounced 911 truth and baled out of the 2008 elections.
a BURN JOB to your biggest supporters.
this time ya had your son endorse mitt massengill for the same effect!

you DID NOT add 1+1 to see fraud investigations werent a threat to some “osama”
and you now pretend to be something NOBLE?!!

Ron Paul you are just controlled opposition.
getting people to vote for the PHONY YOU,
to make a big fat list for the FEMA CAMP ROUNDUPS, gee F’n thanks.

I cringe when you say “I respect my colleagues”..
the treasonous economic saboteuring financial terrorists in DC,
who you have been palling around with for over 30 friggin years.
passed any bills lately? made any arrests? HELL NO!!
you aint a champion of ANYTHING.
you’re a messed up F’n JUDAS GOAT POS!!

where were YOU when chertoff skipped out to make $$ on porno-scanners?!
where were YOU when DC started building a PRISON around our ears?!
THAT is your TRUE LEGACY “Ron Paul”
this “audit the FED” stuff is just smoke and mirrors BS.

captain obvious Reply:
July 25th, 2012 at 7:53 am

how about we audit RON PAUL for how many millions walked away with,
in TWO fake presidential runs.
his investment portfolio last I’d heard, he was invested in Idaho “project-60″,
huge chunk of land being sold off to China.
a friend here posted it for all to see for themselves, and was banned.
I’m not blaming Alex, I think he himself was duped too!

Dandroid Reply:
July 25th, 2012 at 11:27 am

The good ole money bombs…and his cohorts still send them out asking for money to continue his agenda. Phuck e’m all!

libertyorslavery Reply:
July 25th, 2012 at 9:14 am

Well it is hard to dispute much of what you say… here Captain… in fact… RP vented anger… controlling its direction and targets as you say. That was his function… knowingly or not.

And this is the deeper form of Illuminist manipulation.

Was he sincere? Well as you say… on 911 he was horribly controlled. IF he had interjected that issue more… there would more momentum in the popular mind. Would it have made a difference… I doubt it.

Lets look at the popular mind… I don’t watch TV… but… I am aware of a program called “Dexter” or something… the guy who is cutting up victims… mass killer… I will have to watch it somewhere once… I suspect there is humor there?

My point is this… The War on America psychically is won. The turning of morality into something far lower than the traditional gutters of human civilization… is complete as far as I can see.

Our sons idolize ‘hit men’ and play games that are only about kill counts and are infused with ‘who’ deserves killing … mostly our Zionist overlords’ enemies… but others too who are now being set up like… US. These are the young men who seized guns in New Orleans without one person as far as I am aware… refusing to take the order.

Still I think a call to Congress today is in order… and as my post below says… just throwing our hands up… assures… no organized opposition… which too is your “Controlled Opposition correct?

Is/Was RP a pysop? Yes he was used… knowingly or not. But can any opposition grow without organization politically… no. It is not enough that we are in the fray or… to think that Civil War is the answer… the forces of Liberty would likely lose at this time.

There is a Great Deal of anger for us to tap… in young people who were propagandized from preschool onward and KNOW IT.

Cynicism is a form of emasculation. Let us all remember that.
As a long-time supporter of Libertarian causes, I feel the Ron Paul movement was lacking in the reality of the moment. America’s present conditions were not and are not fixable by just waving the party-line scriptures of “reduce the taxes”, “cut the deficit to the bone”, “starve those lazy bums in the unemployment lines”. With over 460,000 businesses sent overseas in the last 11 years—that’s right folks, 460,000 businesses which represents 10′s of millions of American jobs—-how can a few doctrinaire slogans make Ron Paul’s program seem believable?…..It can’t and didn’t…Ron Paul didn’t have the imagination to see beyond his own stale rhetoric and deal with that monstrous issue of unemployment……he failed to reach the base of folks that needed practical solutions, not just pretty words of revolution. Losing elections has become a Libertarian black-hole for money bombs. The question I pose is this…..Did the Koch Bro or their ilk plan this losing strategy for some personal reasons that had nothing to do with America’s economic welfare?

captain obvious Reply:
July 25th, 2012 at 7:56 am

look at what was “outsourced” going back near 25 years..
these treasonous economic saboteuring financial terrorists were busy,
even before NAFTA-GATT was rammed through to open the floodgates.
kissinger was credited with “cracking the bamboo curtain” under nixon.
So his legacy is a bill that will die in the Senate or be vetoed by the President? That sucks.

Ho of Babylon Reply:
July 25th, 2012 at 8:12 am

It’ll pass and it won’t be vetoed; the bill contains language that allows the Federal Reserve to refuse to divulge information, it is a completely fraudulent. I said from the start he was a spoiler for Obama in 2008 in exchange for his son getting his senatorship and this go around in exchange for sonny getting a position as vp for either Romney if the ptb means him to win in 2012 or else as vp for Jeb bush in 2016. They will paint this bill as a triumph for Paul and it does absolutely nothing at all to rein in the Federal Reserve much less the IMF, World Bank, and BIS.

captain obvious Reply:
July 25th, 2012 at 8:26 am

excuse me while I hug a ho 🙂
See there…..are you satisfied now…..the books have been balanced ! …..wink wink.

The double bar says, we’re clean-over our ears….forget it !
Alex and Crew… Please list the RAT traitors that vote against this bill… as in the Godfather… that arrow will point to the guts of who is being blackmailed and who is most deeply corrupted.

I took the time to call my Congressmen… today. Which I know is largely a waist of time… but he is on board with an audit. So lets be clear… some Congressmen know the critical nature of this issue. Now it could be that they know the fix is in and just want the cover but… hope springs eternal… .

Part of the psyop in molding opinion on this site… and OF COURSE Alex is in play… is to get us to NOT EVER… use the political process.

Yes it IS corrupt up and down but at a moment like this… let’s suspend our disbelief.

ALSO… this is another reason why the shooting happened in CO… at this time. Whether they are related or not… does not matter… national attention as is ALWAYS THE CASE with a FED bill is diverted at this moment in time.

The last time a FED bill was before Congress and passed resulting in MASSIVE new additional FED power was the day… they magically turned off the “SPILL CAM,” taking out the psychic tension of the nation… of that VERY SUSPICIOUS explosion on that rig. IT passed after months of debate almost as a side story buried in papers… NEAT TRICK Huh?

The result as I understand it… of that bill… was to give the FED power over ALL regulatory agencies in the Federal government concerning financial corruption… like the SEC.

So… there is now NO independent agencies within government separate the Banking Cartel even in pretense… charged with watching corruption and the hour to hour manipulation of markets or the use of the infrastructures of the Federal Government to wash drugs in the hundreds of billions… on an on and on.

Notice that there has been NO ANALYSIS on this site really about that historic event… since that period… when a trumpeted “INDEPENDENT” banking institution became in fact… right in front of our faces… without real debate… the controllers of those that would bring charges against itself… and its corrupt friends on Wall Street and in international markets.

As with the Special Division of the Justice Department… that is a spying organization for Dope Inc. / Israel and was used by the Soviet Union… now the Banking Cartel… in enforcement as well… as magic money machine dispenser… ARE the power behind Federal Government, turning the spigots on and off, buying large parts of the US economy in a scripted “Marxist” plan.

May I suggest to Alex and crew… a list of the RATS voting against this bill? Barney …the first male Representative to marry… his ‘partner’ recently… is up defending the “independence” of the FED no doubt.

GetitGotitGood Reply:
July 25th, 2012 at 9:32 am

List the Rats in Congress… That’s easy

All of them!

GetitGotitGood Reply:
July 25th, 2012 at 9:36 am

Justice Dept? Nope

As my hero Celente says

It’s the Justus Dept.
Ron and Rand decided their legacy a few weeks ago.

Thanks to their bamboozled followers ‘donations’ they will live the life of Riley…

This is just more circus. Since apparently RonRand have joined with their brethren gop’ers the bill has a good chance to pass with enough loopholes to drown a neo-con as Ho of Babylon correctly covered above.
kucinich was against obamacare. He rode in air force one and then the was FOR obamacare.

I dont trust him one bit.
The FED has no f-ing accountability. We didn’t vote for these people! Take down the FED now and get back to the gold standard and stop taking bailouts America. Tell the banksters to hit the road like Iceland did and now they are recovering nicely and us – floundering and waiting to see the day when this administration starts killing it’s own citizens or driving them up a wall with constant, relentless inspections into our personal lives. The bastards in Washington are to blame for the whole tragedy that is Called America today. Go Ron Paul – we’re behind you all the way. Cross everybody out on the ballots and write in the only choice – Ron Paul.
“Mr. Chairman, we have in this Country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the Fed. The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation’s debt. The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.

“This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it.
“Some people who think that the Federal Reserve Banks United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lender. In that dark crew of financial pirates there are those who would cut a man’s throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislatures; there are those who maintain International propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.” Congressional Record, Louis McFadden

All assassinated Presidents attempted to resist the tyranny of the FED. Also, outspoken critics in Congress and the once “real” press did early on. The above statement by Louis Mc Fadden says it all. It couldn’t be clearer the FED is the prime source for our loss of the rights promised to us by our Founding Fathers. Because of that nefarious institution, we as a Nation are being enslaved and we are paying for our own enslavement.

“On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Comptroller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON. The petition for Articles of Impeachment was thereafter referred to the Judiciary Committee and has YET TO BE ACTED ON.”

There is NO ONE in Congress who will do the right thing….END the FED….and follow the Constitution which states that Congress has the right and duty to issue interest free, debt free currency for the benefit of the Nation’s citizens. They are laughing at us all!!!
“The whole thing stinks to high heaven.” True, Matzo Man.

“Mr. Chairman, we have in this Country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the Fed. The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation’s debt. The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.

“This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it.
“Some people who think that the Federal Reserve Banks United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lender. In that dark crew of financial pirates there are those who would cut a man’s throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislatures; there are those who maintain International propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.” Congressional Record, Louis McFadden

All assassinated Presidents attempted to resist the tyranny of the FED. Also, outspoken critics in Congress and the once “real” press did early on. The above statement by Louis Mc Fadden says it all. It couldn’t be clearer the FED is the prime source for our loss of the rights promised to us by our Founding Fathers. Because of that nefarious institution, we as a Nation are being enslaved and we are paying for our own enslavement.

“On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Comptroller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON. The petition for Articles of Impeachment was thereafter referred to the Judiciary Committee and has YET TO BE ACTED ON.”

There is NO ONE in Congress who will do the right thing….END the FED….and follow the Constitution which states that Congress has the right and duty to issue interest free, debt free currency for the benefit of the Nation’s citizens. They are laughing at us all!!!
captain obvious

Agree with Ho. Great statement! “DC, Wall Street, big banks and corporates ALL CONSPIRE TREASON, the “FED” is like the eye of the needle for all of it.”