Congressman Paul: Millions Of Americans Have Had Enough Of The Fed
source: http://www.prisonplanet.com/congressman-paul-millions-of-americans-have-had-enough-of-the-fe...
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Texas Congressman Ron Paul, the driving force behind HR 1207, legislation that would see an audit of the Federal Reserve, joined Alex Jones live on air yesterday to provide a short update on the progress of the bill.
“I think it’s rather amazing,” the Congressman told listeners, “a year or two ago I imagine very few people even thought about the Federal Reserve.”
“But I think because of the economic crisis, because of the blundering with TARP funds, when the American people said we need to know what you guys are doing with and how you’re wasting the money, we saw an opening that we could call attention to about what kind of shenanigans has been going on at the Federal Reserve.” Paul commented.
The Federal Reserve Transparency Act now has 279 co-sponsors in the House and 20 in the Senate, meaning that more than 64% of the House of Representatives is already co-sponsoring the bill.
“There’s a lot more yet to come.” Congressman Paul said. “We need to know what they are doing, that’s why our audit bill is so important, but eventually though we need a sound monetary system, and I think that if we continue with our progress, hopefully we’ll reach that point some day.
There is strong bipartisan support for the bill with both Republicans and Democrats getting behind the legislation.
In addition, recent polls conducted by Gallup and Rasmussen have found that a vast majority of the public are suspicious of the Federal Reserve, with 75% in favour of an audit.
“The new survey finds that an overwhelming majority of Americans in every demographic category – including age, gender, political affiliation, race and income – disagree with Bernanke and favor auditing the Fed to make its secretive deliberations public.” Rasmussen writes.
“The Fed feels so much on the defense that they send the Chairman of the Federal Reserve Board out to hold town hall meetings.” Congressman Paul told listeners, chuckling. “That is hilarious.”
“I think it’s rather amazing,” the Congressman told listeners, “a year or two ago I imagine very few people even thought about the Federal Reserve.”
“But I think because of the economic crisis, because of the blundering with TARP funds, when the American people said we need to know what you guys are doing with and how you’re wasting the money, we saw an opening that we could call attention to about what kind of shenanigans has been going on at the Federal Reserve.” Paul commented.
The Federal Reserve Transparency Act now has 279 co-sponsors in the House and 20 in the Senate, meaning that more than 64% of the House of Representatives is already co-sponsoring the bill.
“There’s a lot more yet to come.” Congressman Paul said. “We need to know what they are doing, that’s why our audit bill is so important, but eventually though we need a sound monetary system, and I think that if we continue with our progress, hopefully we’ll reach that point some day.
There is strong bipartisan support for the bill with both Republicans and Democrats getting behind the legislation.
In addition, recent polls conducted by Gallup and Rasmussen have found that a vast majority of the public are suspicious of the Federal Reserve, with 75% in favour of an audit.
“The new survey finds that an overwhelming majority of Americans in every demographic category – including age, gender, political affiliation, race and income – disagree with Bernanke and favor auditing the Fed to make its secretive deliberations public.” Rasmussen writes.
“The Fed feels so much on the defense that they send the Chairman of the Federal Reserve Board out to hold town hall meetings.” Congressman Paul told listeners, chuckling. “That is hilarious.”
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jh64487
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however, most think "the fed" simply needs to be overhauled.
ron paul lost hard for a reason, it's cause most people don't support his over the top crazy.
- 2 years ago
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jh64487
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davzap
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Ron paul makes sense.
- 2 years ago
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davzap
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Scrump
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Ron Paul on The Alex Jones Show:Driving Ben Bernanke Crazy! · July 29, 2009
- 2 years ago
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Scrump
