Post Reply House passes bill to audit the Fed
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Posted 5/2/17 , edited 5/2/17
Ron Paul's dream of auditing the fed is coming close to being a reality. I hope this goes through so we can audit a part of the government that controls our entire monetary supply and has NO OVERSIGHT, CHECKS, OR BALANCES.



A House panel on Tuesday approved legislation that would let a government watchdog audit the Federal Reserve’s monetary policy decisions, a move bitterly opposed by the central bank.

The House Committee on oversight and government reform passed the measure by voice vote after roughly 30 minutes of debate.

The bill was the brainchild of Ron Paul, the former House Republican and libertarian presidential candidate and sharp critic of the U.S. monetary policy. Versions of the bill have twice passed the House by wide margins but then stalled due to lack of support from Democrats in the Senate and the Obama administration.

Analysts said the measure has a better chance to become law now that Republicans control both houses of Congress and the White House. Paul’s son, Rand, the Republican senator from Kentucky, has introduced a similar measure in the Senate.

Democrats in the committee were firmly against the bill.

“This bill would open the floodgates to political interference in monetary-policy making,” said Del. Eleanor Holmes Norton, a Democrat from the District of Columbia.

Rep. Carolyn Maloney, a Democrat from New York, said the measure would lead to higher interest rates because it would undermine the market’s confidence in the independence of the central bank.

Republicans said the measure was needed to rein in the Fed.

“It is ironic that the arsonists that caused the financial collapse are now being given credit...for putting out the fire. Almost every macroeconomist concedes in retrospect that [the Fed’s] extended period of easy money led to the financial crisis,” said Rep. Thomas Massie, a Republican from Kentucky.


Bonus: US Debt Clock: http://www.usdebtclock.org/

Bonus Bonus: https://ari.aynrand.org/blog/2017/01/26/banking-panics-and-the-creation-of-the-federal-reserve
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Posted 5/2/17 , edited 5/2/17
It would be nice to see where that $10 trillion that Obama spent actually went.
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I hope it leads to the Fed being dismantled, and the Federal government setting up a National Bank. Then, maybe we can be freed from this debt based economy that we have.

I didn't understand this fully until a few weeks ago. The Federal Reserve Bank is NOT A GOVERNMENT AGENCY. IT IS A PRIVATE BUSINESS. This private business controls our economy.... This is why banks have such power over the government and over Americans.
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Posted 5/2/17

AppleFart wrote:

It would be nice so see where that $10 trillion that Obama spent actually went.


Why stop there? Let's look at all 20 trillion!

Although the audit is more about transparency from the fed who can print more money at the drop of a hat.


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Posted 5/2/17

AppleFart wrote:

It would be nice so see where that $10 trillion that Obama spent actually went.


In 2016, 36% of the federal budget was allocated by Congress towards social security, 28% on Medicare/medicaid, 15% on Military, 6% on Interest, 4% on Veterans benefits, 3% on Education, 2% on Transportation, 2% on Justice, 2% on "Other Programs", 1% on Natural Resources and Environmental Programs, and the remaining 1% on Science and Technology (including space exploration). While the exact percentages will vary from year to year, this is pretty much what the budget looks like every year.
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Posted 5/2/17 , edited 5/2/17
Everyone in government, and all government agencies or agencies that work with governments, should be audited every year or couple years.
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Posted 5/2/17

Taedrin wrote:


AppleFart wrote:

It would be nice so see where that $10 trillion that Obama spent actually went.


In 2016, 36% of the federal budget was allocated by Congress towards social security, 28% on Medicare/medicaid, 15% on Military, 6% on Interest, 4% on Veterans benefits, 3% on Education, 2% on Transportation, 2% on Justice, 2% on "Other Programs", 1% on Natural Resources and Environmental Programs, and the remaining 1% on Science and Technology (including space exploration). While the exact percentages will vary from year to year, this is pretty much what the budget looks like every year.


You don't honestly think it goes where they tell you it does? A lot of that money goes into the pockets of some wealthy politicians and their pals after it's properly laundered a bit through unions and banks. This is why there will never be a legitimate audit.
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Posted 5/2/17

AppleFart wrote:


Taedrin wrote:


AppleFart wrote:

It would be nice so see where that $10 trillion that Obama spent actually went.


In 2016, 36% of the federal budget was allocated by Congress towards social security, 28% on Medicare/medicaid, 15% on Military, 6% on Interest, 4% on Veterans benefits, 3% on Education, 2% on Transportation, 2% on Justice, 2% on "Other Programs", 1% on Natural Resources and Environmental Programs, and the remaining 1% on Science and Technology (including space exploration). While the exact percentages will vary from year to year, this is pretty much what the budget looks like every year.


You don't honestly think it goes where they tell you it does? A lot of that money goes into the pockets of some wealthy politicians and their pals after it's properly laundered a bit through unions and banks. This is why there will never be a legitimate audit.


If any of this money is being laundered, it would be relatively small amounts - millions, not trillions. Any higher amount would be easily visible by incoming administrations and the conspiracy would be revealed. In order for this not to happen, EVERY incoming administration would have to be in on the secret, and they would have to maintain perfect secrecy involving thousands of individuals. Considering that we can't even keep our deepest military secrets safe, this is highly doubtful.
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Posted 5/2/17 , edited 5/2/17
Pretty sure Reagan wanted to audit the entire government then gave up because it proved to be too shady to get this done. Then he got sick. Then some like the bush fucks, an imperialistic and super shady family, began amping up their attempts to change governments towards furthering totalitarianism under the guise of freedom.

Stuff like this happens a lot. Like Lincoln is super well known for helping end slavery... right? Not really, as the major shift that also began occurring was the further development of prison systems for government to pick slaves out of those still suppressed. In fact, initial police forces in america were made to regulate slaves and with this change police forces just began regulating everyone, other than american aristocracy, as slaves to be used easier after convincing them they are criminals and incapable of making their own decisions. Additionally, something rather less discussed but can still be found on the net is the huge change from citizens of states to citizens of the united states as federal dictation began to supersede state equality as earlier on states were called sovereign nations united together.

Now if you get a state wanting to be sovereign, you get shitty agencies infiltrating everything, working against individuals to keep various agendas, and a threat of war from the growing totalitarian way being taught federally. With each federal policing agency america has further grown their pool of slaves to choose from the victims for labor purposes with the added detriment of needing to convince everyone they are incapable of being safe without prisons to help ensure malleability.

The push from east to west in the pursuit of freedom from what was going on in systems only wanting to rule others is also apart of why america was made. Only took about 100 years for a complete shift in american mentality to occur whereby the masses lost touch with the roots of their new startup and began shifting back towards being ruled with opposing legislation being obvious while anyone speaking about it tends to be suppressed.

Another more than 100 years later, all the way to now, and you cannot trust anything another american says anymore unless you really pick it apart like in these forums. Americans split off to cease unfair taxation then became their own tax collectors and governmental slaves as they accepted federalism. American judgment is so corrupted they don't even openly discuss spirituality in public unless feeling comfortable, which now means being in church or public places of "open mindedness". Without this open discussion occurring CONSTANTLY to always challenge everything, masses tends to become prone to manipulation.

Although the huge benefit of suppressing our discussion of spirituality is that blinding ourselves has benefits only after you ride the misery out til you figure out wtf we just did. For example, scientific religions are now popping up and quantum physics is making it very hard to deny spirituality ever again. We did this only by suppressing ourselves enough to rediscover everything all over again yet many still being in denial while this is gradually changing as confrontations occur as various individuals are working on speaking truth through all the outlets that are popping up, like internet. And one can very well 100% recognize that internet only works because we suppressed ourselves enough to make speaking openly without persecution no longer possible in countries unless we work towards ending the bias by limiting contact through internet like systems.

And a huge dilemma that pops up to help the push towards tyranny is the all the publicity out there that we need policing and we need to be told what to do and blah blah whatever else someone is attempting to blindside you with to help you lose faith in yourself and of course anyone else like those different colored skin dudes all around us that obviously don't understand the idealism of americans unless they can be threatened with prison. Except freedom is rather obvious. If you need to define freedom and be told what it is, then may be neglecting yourself.

Constitution of United States of America 1789 (rev. 1992)
10th Amendment:
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

This was basically a reminder to everyone to stop favoring federalism before lincolns huge changes. Nowadays, we don't ever hear about how everything in america has always been about individuals and states making new stuff happen and the government was to keep up with us. Instead, the mentality has become about permissions or lack thereof as everything must be routed federally. While each new law passing becomes an attempt to convince someone stuff like obviously you don't have the freedom of unjust search and seizure, you shouldn't protect yourself just wait for cops to show up to help decide how to end your abuse, and obviously one must support their tyrants and accept that permission is only given to you if you don't fight the stupidity being spread.

One has to tread carefully around others that have grown so comfortable with their meaning being dictated constantly through school, media, and everything else that support federalization, culling creativity, or a singular way to perceive reality whereby masses tend to only discuss popularity and largely neglect anything else.
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