Old Project Avalon Forum (ARCHIVE) - View Single Post - HR 1207 UPDATES "The Federal Reserve Transparency Act"

peaceandlove · 12-12-2009, 12:10 PM

Financial Regulatory Bill Passes Congress - Paul Amendment Attached

Posted by Matt Hawes on 12/11/09 2:11 PM

It looks like the House will be voting on Barney Frank's H.R. 4173 today anywhere between 1:45 and 2:15 eastern. The vote could be extremely close.

Get contact information for your representative here, and urge him to vote against granting the Federal Reserve and Congress even more power to interfere in our economy. Tell him to support true economic reform by fighting for a standalone vote on Audit the Fed!

Update: The bill passed the House 223-202. You can find the roll call here.

Update #2: So here's the good news: the Paul amendment passed with the bill! No matter how bad the overall bill, it's still pretty incredible that we were able to get a thorough audit of the Fed all the way through the House.

The bad news: the overall bill is awful, so we will continue to oppose it as this debate shifts to the Senate, where it is likely to take at least a few months - if not fall off the radar entirely.

We will continue to work to pass S 604 in the Senate (and we may get a vote soon if Senators DeMint, Sanders, Vitter, and Bunning can delay Bernanke's confirmation), and we will keep working to get Audit the Fed a standalone vote in the House. After all, we can now tell 223 Dems that they already voted for a thorough audit! They just need to pass it on its own merits, instead of hiding it in an overall package that would increase the ability of the federal government to intervene in the economy.

SOURCE and LINKS: http://www.campaignforliberty.com/blog.php?view=30218

Listen to Bob Chapman speak about the bill in this newest interview at 5:00 minutes.

Dec 11th, 2009 Part 1/5

VIDEO (10:52): http://www.youtube.com/user/TheBobCh.../4/Q9P77GgIUj4

Time to give the Fed some competition

Posted by dpy102 on 12/11/09 11:41 AM

On December 9, 2009 Congressman Ron Paul introduced the H.R. 4248 Free Competition in Currency Act.

This bill would do three things:

1. Eliminate the legal tender laws.

2. Eliminate laws that prohibit the operation of private mints.

3. Eliminate capital gains and sales taxes on gold and silver coins.

It's time to start writing your congressmen. Encourage them to cosponsor this bill. Let's give the Fed some competition!

Ron Paul's Statement Introducing the Free Competition in Currency Act: http://www.house.gov/apps/list/speec...compcurr.shtml

SOURCE: http://www.campaignforliberty.com/blog.php?view=30201

12-12-2009, 12:10 PM	#183
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Re: HR 1207 UPDATES "The Federal Reserve Transparency Act" Financial Regulatory Bill Passes Congress - Paul Amendment Attached Posted by Matt Hawes on 12/11/09 2:11 PM It looks like the House will be voting on Barney Frank's H.R. 4173 today anywhere between 1:45 and 2:15 eastern. The vote could be extremely close. Get contact information for your representative here, and urge him to vote against granting the Federal Reserve and Congress even more power to interfere in our economy. Tell him to support true economic reform by fighting for a standalone vote on Audit the Fed! Update: The bill passed the House 223-202. You can find the roll call here. Update #2: So here's the good news: the Paul amendment passed with the bill! No matter how bad the overall bill, it's still pretty incredible that we were able to get a thorough audit of the Fed all the way through the House. The bad news: the overall bill is awful, so we will continue to oppose it as this debate shifts to the Senate, where it is likely to take at least a few months - if not fall off the radar entirely. We will continue to work to pass S 604 in the Senate (and we may get a vote soon if Senators DeMint, Sanders, Vitter, and Bunning can delay Bernanke's confirmation), and we will keep working to get Audit the Fed a standalone vote in the House. After all, we can now tell 223 Dems that they already voted for a thorough audit! They just need to pass it on its own merits, instead of hiding it in an overall package that would increase the ability of the federal government to intervene in the economy. SOURCE and LINKS: http://www.campaignforliberty.com/blog.php?view=30218 Listen to Bob Chapman speak about the bill in this newest interview at 5:00 minutes. Dec 11th, 2009 Part 1/5 VIDEO (10:52): http://www.youtube.com/user/TheBobCh.../4/Q9P77GgIUj4 Time to give the Fed some competition Posted by dpy102 on 12/11/09 11:41 AM On December 9, 2009 Congressman Ron Paul introduced the H.R. 4248 Free Competition in Currency Act. This bill would do three things: 1. Eliminate the legal tender laws. 2. Eliminate laws that prohibit the operation of private mints. 3. Eliminate capital gains and sales taxes on gold and silver coins. It's time to start writing your congressmen. Encourage them to cosponsor this bill. Let's give the Fed some competition! Ron Paul's Statement Introducing the Free Competition in Currency Act: http://www.house.gov/apps/list/speec...compcurr.shtml SOURCE: http://www.campaignforliberty.com/blog.php?view=30201 Last edited by peaceandlove; 12-12-2009 at 12:14 PM.