Community | December 04, 2009 | 12 comments

Ron Paul 12/3/09 “Less Than 1% Chance of Obama Supporting Audit Of Federal Reserve/He Would Veto It”

source: http://www.peacefreedomprosperity.com/?p=2948

shanklinmike
12/3/2009 On Thursday, December 3, 2009, Congressman Paul appeared on MSNBC’s “The ED Show” to discuss Federal Reserve Chairman Ben Bernanke’s nomination hearing for a second term, as well as the need to Audit the Fed.
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12 comments // Ron Paul 12/3/09 “Less Than 1% Chance of Obama Supporting Audit Of Federal Reserve/He Would Veto It” // Video

  • Ragan
    • 0
      Ragan  

    • Dont forget that China is buying up the treasury bonds that is being printed by the Federal Reserve out of air. We the citizens will be the debtors to china when it comes time to payup, but how can we the people ever pay off those many trillions of dollars in debt when we have no money to spare. Bush drove the USA into the ground but Obama has tunneled straight through to china. If china and all other countries try to collect there will be hell to pay.

    • 2 years ago
  • WhiteNoise
    • 0
      WhiteNoise  

    • @ bombastinator

      ANYTHING STILL EVADING YA ?

      "We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light." – Plato

    • 2 years ago
  • WhiteNoise
  • WhiteNoise
    • 0
      WhiteNoise  

    • GOOD CAPER THOUGH...

      FOLLOW THE MONEY THEY SAY ;)

      Elizabeth Warren: "We don't know where the 700 billion bailout went, its untraceable by design."

    • 2 years ago
  • WhiteNoise
    • 0
      WhiteNoise  
    • Image

    • AS FOR BERNANKE...

      “The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the government of the U.S. ever since the days of Andrew Jackson.” - President FDR (during the “Great Depression” on de facto Fascist rule in a letter to corporate monopoly charlatan “Colonel” Edward M. House, co-founder of the Council on Foreign Relations and political fixer for the ruling class. House also handled President Wilson. 11/21/ l933 from "F.D.R.: His Personal Letters”)

      “The minority, the ruling class at present, has the schools and press, usually the Church as well, under its thumb. This enables it to organize and sway the emotions of the masses, and make its tool of them.”
      - Doctor Albert Einstein (letter to Sigmund Freud 7/30/1932. 1879-1955)

      “We disapprove of slavery and the cost of the maintenance and upkeep of slaves. We prefer our English model in which we control the issuance of currency, and control of money, it allows us to control labor without the cost of maintaining it.”- Lord Baron Rothschild (private owner of the Bank of England. Quote 1849)

      “Some people think the Federal Reserve Banks are U.S. government institutions. They are not…The sack of the United States by the Fed is the greatest crime in history…The truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.”- Congressman Louis T. McFadden (Chairman Banking & Currency Committee charging a private “FED” Corporation with conspiracy, fraud & treason, June 1932)

      "If liberty means anything at all, it means the right to tell people what they do not want to hear." - George Orwell

    • 2 years ago
  • WhiteNoise
    • 0
      WhiteNoise  
    • Image

    • The Federal Reserve company "creates" all of the U.S. money supply. In the absence of gold or anything else of any value, trillions of dollars are simply invented out of thin air and deemed to exist although they have no more substance, value or real worth than Monopoly money. Printed currency represents only a very small part of the created money. Most of the invented money exists these days only as magnetic impulses on discs in computers, although we all still have to pay hundreds of billions of dollars in interest to the boys in the back room on it.

      The imaginary "money" is lent at relatively low rates of interest by the Federal Reserve company to private banks who then lend the recently-invented "money" at higher rates of interest to governments, companies and individuals and they do it not once, not twice, but up to ten times over with the miracle of so-called fractional reserve banking. Yes, Virginia, they lend out the same non-existent money up to ten times over and charge interest every time they do it. And they rake in interest on every dollar of the invented money forever, decade after decade.

      The Federal Reserve company kicks back most of the profit IT makes on the scam to the federal government which creates the useful illusion that everything is kosher but that's just smoke and mirrors. The real profit is made at the level of the banks who get the invented money cheap from the Fed and then lend it out to government, business and consumers ten times over. Not one cent of those billions or trillions is kicked back to anyone other than the people who own the banks.

      It is a truly miraculous system and very, very profitable. If private individuals do exactly what the private banks of the "Fed" do, it is called counterfeiting.

      In addition to making vast fortunes on the invented money, the Federal Reserve gives the boys in the back room almost complete control over the U.S. economy. By increasing or decreasing the money "supply" the boys can inflate or deflate the value of the invented dollars at will. The long term trend is inflation which basically makes the money earned by ordinary Americans ever more worthless.

    • 2 years ago
  • WhiteNoise
    • 0
      WhiteNoise  

    • @ bombastinator

      your boyish innocence would be charming even touching if not of the grim situation & the fact that you are most probably an adult ;)

      Check these historical facts for size...

      WHAT DA HOOPLA IS ALL ABOUT !

      1913-present: UNITED STATES. That secret meeting but not a conspiracy of bankers and Senator Nelson Aldrich on Jekyll Island in 1910 bears fruit when the so-called U.S. Federal Reserve Board is formed. The first act to establish the Federal Reserve is drafted by international banker Paul Warburg of Kuhn, Loeb and sponsored by Aldrich, maternal grandfather of Nelson and David Rockefeller.

      The Aldrich act is voted down but, just before Christmas 1913, when most Congressmen are conveniently absent, the Owens-Glass Bill is quickly passed, establishing the privately owned company which operates under the deceptive name of the Federal Reserve.

      A very nice, multi-trillion dollar Hanukkah and Christmas present for the boys in the back room. The bill is duly signed by Woodrow "Making The World Safe for Bankers" Wilson who had agreed to do so prior to his election in return for massive campaign contributions from the boys.

      Contrary to a carefully cultivated popular misconception, the “Fed” is not an agency of the U.S. federal government but is a privately owned company owned entirely by major commercial banking interests largely controlled by a few ultra wealthy families, the usual gang of suspects, in fact.

      The identities of the shareholders of the company which creates and controls the American money supply is, as is only reasonable, kept secret from the American public. And, just as reasonably, much of the Fed's financial activity is legally exempt from scutiny or audit by the General Accounting Office (GAO). After all, what right do ordinary Americans have to know anything about the private company which issues all U.S. money and, for all practical purposes, controls the U.S. economy.

      Some commentators state that the original shareholders of the Federal Reserve company were the Rothschilds' bank in London, the Lazard Brothers' bank of Paris, the Israel Moses Seif Bank of Italy, the Warburg Bank of Hamburg, London and Amsterdam, the Lehman Brothers Bank of New York, the Kuhn Loeb Bank of New York, the Rockefellers’ Chase Bank of New York and the Goldman, Sachs Bank of New York.

    • 2 years ago
  • bombastinator
    • 0
      bombastinator  

    • Sounds like sour grapes to me. "i can't get my bill through because support has evaporated so I'm going to blame it on someone else and make it sound like some kind of conspiracy theory rather than everyone else deciding I was full of it in the first place". If you can pass the law and make him veto it then do it. the house and senate do that all the time.

    • 2 years ago
  • shanklinmike
  • WhiteNoise
  • Ragan
    • 0
      Ragan  

    • Just three more years of Obama/Bush and his non change Bush administration. One thing is sure, no one since 1800 has ever listened to the American people. Washington just operates as if there is no populace until election time and then the entertainment period starts and the take over or coup if you will of the USA continues. Keep the public entertained and Washington can do anything.

    • 2 years ago
  • Donna_Dawson
    • 0
      Donna_Dawson  

    • He does not want transparency so of course he would veto an audit of the Fed.
      Bernanke will still be confirmed and life in DC remains the same.
      Meet the new boss....same as the old boss....

    • 2 years ago
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