8 Responses to “Audit the Federal Reserve”

1. 1 Hans
   Apr 20th, 2009 at 7:41 pm

   Another great post Catherine … I posted to my FB friends!
   Keep up the great work

2. 2 mhelburn
   Apr 21st, 2009 at 4:32 pm

   Here we go reinventing the wheel. Can’t seem to learn from history. Mainstream wouldn’t give Ron Paul the time of day during the campaign, although he was the only candidate stressing the economy and pointing at the big counterfeiting, inflating FED and the bloated and corrupt government.

   After deregulating and letting the banks enter every aspect of financial business, the Republicans tried to rein in the GSE’s. Here is a video that got posted from Canada. http://www.youtube.com/watch?v=cMnSp4qEXNM&NR=1

   The farsical loans exploded and anyone with a pulse could get one. Now these people are on the street and as the depression spreads more and more people are losing their homes. We need an investigation into who wrote the loans, who sold the bundled loans and who shorted the loans while selling them as viable investment products. The rating agency execs should be in jail.

   There is so much blame to go around for both parties. We saw the Republicans push through the TARP and Obama has the GS clones at work sending money out of the Treasury. There is no difference.

3. 3 doug
   Apr 21st, 2009 at 5:16 pm

   I’ve heard anywhere from $2 to $3 billion of foreign capital are required daily. This can’t be good.

   From April 16,

   Yesterday, the U.S. Treasury released the Treasury International Capital (TIC) report for February 2009. It shows another outflow of capital. “Monthly net TIC flows were negative $97.0 billion.

   The figure for January was updated to minus $147b from the previously reported minus $149b.

   This is a huge reversal. That is almost a quarter of a trillion dollars in just two months. Foreigners are not bailing out the Treasury any longer. They are pulling out. They are net sellers.

   This means that domestic buyers must be found — not just for the gigantic wave of debt already on the books but also for the foreigners who are saying sayonara.

   The FED has not budgeted for this. It has pretended that the much-heralded glut of international savings would continue. It’s over. It’s not just over; it’s imploding. We are now seeing a glut of selling.

   This will create havoc for the government. The days of wine and roses has ended. The bailouts from outside the country have gone into reverse.

   This will put upward pressure on Treasury interest rates.

   My comment. Maybe it will put pressure on those rates. There sure is a lot of monkey business tha goes on in the various markets.

   http://www.financialsense.com/Market/wrapup.htm

4. 4 Bastiat
   Apr 23rd, 2009 at 12:45 am

   Thank you for posting this clip.
   By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest.Confucius

5. 5 Char
   Apr 23rd, 2009 at 7:15 pm

   Much better than that: ABOLISH the Fed=HR833, a much better bill.

6. 6 Henry
   Apr 23rd, 2009 at 8:16 pm

   “…he was the only candidate stressing the economy and pointing at the big counterfeiting, inflating FED and the bloated and corrupt government.”

   No, he was not. Don’t forget Kucinich, who also has the merit of not being an Austrian economist, but goes with the more sophisticated point of view of the American Monetary Institute.

7. 7 Jan
   Apr 24th, 2009 at 10:06 am

   When: Thursday 4/23
   Who: Author G. Edward Griffin
   Topic: Ending the Federal Reserve and replacing it with?
   During a conference call I listened to,Ed Griffin yesterday, who said, we need to, or congress needs to,outlaw the congressional policy for the Federal Reserve written in 1913. He said,and they can do it,if they will, but an audit is a start, but they are moving fast and we need to totally get rid of them. That they are a “Cartel”,that put’s a different light on them, and they need to be dealt with like you would criminals, not a government agency. He said, it would take a while, but we could go back on gold backing our currency. They are putting into place also a army to handle the descent of those Americans being affected by this confiscation, of our money, jobs, homes. FEMA, already has concentration camps posing as empty prisons, 800 of them! Throughout the USA. Train tracks leading up to the prisons. Here in my area there are 30 silver,double decker passenger cars which have been stored outside of town all winter. They just opened up a old railroad track leading to Grayling, MI National Guard Camp, where they have built a camp. IN my area, there are now 1 police officer per 60 people! Mr.Griffin said if we don’t stop them within a few months it will be too late. Marital Law is on the executive orders, from Bush,continuing through Obama. I talked with Senator Levin’s office about it, and they are aware of the silver train cars, but assured me that some company asked for them to be stored there is all, and no they weren’t to haul us away to a concentration camp. The government is ignorant I think……they see the entire picture, and its not affecting them or the rich so they don’t feel threatened at all and think we are all nuts.
   But, that is also part of the their seige on us…..if you read the article today from Global Research. I would like to know what we are suppose to do about this…….we the people are not being listened to and even Ron Paul is not acting quickly enough…..I think they should be writing a amendment to the law, that before the President can excute a Marital Law against the American People, that he has to go through congress first. Otherwise, even they will be under marital law too and no one will be able to stop the destruction of the poor and middle class in this country. He said, the NWO has been going on for many years, they have gradually gotten us to this point of control…..in the history books it will not say a date as to when the NWO began, and that we are in it now. He said, when they issue a Marital Law against us, that will be the date written in the history books as to when the NWO started. To find out more…….Jan

   G. Edward Griffin, author of “The Creature from Jekyll Island”.

   another article by Richard Cook, tells us about the same thing……..
   A Meditation on Our Monetary System: State of Permanent Siege

   By Richard Cook

   URL of this article: http://www.globalresearch.ca/index.php?context=va&aid=13309

   Global Research, April 22, 2009
   showcase.bestcyrano.org/

8. 8 Marie
   Apr 24th, 2009 at 11:34 pm

   It is really critical to understand that the last two chairmen of the Federal Reserve first Greenspan and then Bernanke caused this bubble and then the bust. How???? Greenspan reduced rates about 2% over FOUR YEARS (after 9-11)…that caused the rise in prices (nearly 300% in our area); then Bernanke increased the rates by 2% in FOUR MONTHS (Sept 2006 to Dec 2006). His first four months in office. That was a criminal move! With all the people sold on adjustable rates by the lenders this was the bullet in the head of the american people. These are elitist bankers and not even a government institution. The name was carefully crafted to deceive the american public. It worked. We have to raid that institution and run them out of town. If I were president I would put them on trial for stealing public funds. They are still going to champagne parties while hardworking american families sold houses on inflated prices with 1 month, 2 month, 3 month, 6 month, 1 year, 2 year, 3 year ARMS are being rolled into the streets. They need to pay with life in prison. I have no sympathy and a great deal of anger when I hear those two names!