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Audit the Fed May (Hopefully!) Be Included in the GOP Platform
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Blog

Audit the Fed May (Hopefully!) Be Included in the GOP Platform

The movement to audit the Federal Reserve has come a long way over the past couple of years. According to Business Insider, there is a good chance that audit the Fed will be part of the official party platform in August:

07/20/2012
How the Fed is Making a Mess of our Economy
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Issue Analysis

How the Fed is Making a Mess of our Economy

The Fed decided last week to extend Operation Twist, a program that involves buying up short term government bonds in order to purchase long term government debt.  This is not only a waste of time and money, but it also represents yet another attempt on the part of the government to manipulate the free market and pick winners and losers in the process.

06/28/2012
List of House Republicans Who Have NOT Cosponsored Audit the Fed Bill
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Blog

List of House Republicans Who Have NOT Cosponsored Audit the Fed Bill

House Majority Leader Eric Cantor recently announced his intention to bring Rep. Ron Paul's audit the Fed bill to a floor vote in July. According to the Library of Congress' THOMAS website, H.R. 459, the Federal Reserve Transparency Act of 2011, currently has 245 cosponsors. (edit: now 274!) FreedomWorks has identified 30 (edit: now 12!) Republican House members who have not cosponsored the audit the Fed bill.

06/20/2012
Tell Your Representative to Cosponsor H.R. 459, the Federal Reserve Transparency Act of 2011
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Key Vote

Tell Your Representative to Cosponsor H.R. 459, the Federal Reserve Transparency Act of 2011

Dear FreedomWorks member, As one of our million-plus FreedomWorks members nationwide, I urge you to contact your representative and ask him or her to cosponsor H.R. 459, the Federal Reserve Transparency Act of 2011. Introduced by Rep. Ron Paul (R-TX), the bill would eliminate the current audit restrictions placed on the Government Accountability Office (GAO) and require a full and thorough audit of the Federal Reserve.

06/19/2012
Audit the Fed!
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Blog

Audit the Fed!

+++UPDATE (7/19): House Republicans have just announced that "Audit the Fed" will be voted on in the House of Representatives on July 24, 25, or 26.+++Since its creation in 1913, the Federal Reserve has been responsible for the 95% loss in value of the U.S. dollar. In this economic crisis, the Fed has been responsible for over $14 trillion in bailouts and loans to undisclosed institutions, and it has participated in bailouts of foreign central banks and governments to the tune of $16 trillion.

06/18/2012
Wall Street Protesters Should Instead Focus on the Federal Reserve
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Blog

Wall Street Protesters Should Instead Focus on the Federal Reserve

I’ve been closely following the loosely organized Occupy Wall Street protests on social media sites over the past few weeks. Now, I’m all for citizen activism and freedom of assembly, but I’m still unconvinced that most of these protesters know what exactly they're protesting. They’re angry about the state of the economy and rightfully so. While I sympathize with their frustration towards our weak economy, their anger is largely misdirected. They would be better off to pick up and move their protests down a few blocks to the New York Federal Reserve building.

10/04/2011
QE3 Will Further Destroy U.S. Dollar
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Blog

QE3 Will Further Destroy U.S. Dollar

Speculation has risen that Fed chairman Ben Bernanke may announce yet around round of quantitative easing or QE3 on Friday. As economist Thomas Sowell says, “when people in Washington start creating fancy new phrases, instead of using plain English, you know they are doing something they don't want us to understand.” The term quantitative easing in layman’s terms just means that the Fed will print more money out of thin air. What could possibly go wrong? Well, for starters, the value of the U.S.

08/25/2011
My Speech on the Federal Reserve and the International Monetary Fund
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Blog

My Speech on the Federal Reserve and the International Monetary Fund

Here is a video of my Federal Reserve and International Monetary speech from the FreedomWorks grassroots bootcamp over the weekend: 

07/01/2011
Young Americans Protest the Federal Reserve
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Blog

Young Americans Protest the Federal Reserve

Over the past few years, we have seen a renewed interest in the role of the Federal Reserve. Rep. Ron Paul’s (R-Texas) presidential runs, along with the financial meltdown have directed much needed attention to the central bank. The American people are finally waking up to the giant elephant in the room—the Fed—which bears significant responsibility for many of the financial crises over the past century. 

06/08/2011
Federal Reserve Documents Reveal Massive Foreign Bank Bailouts
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Blog

Federal Reserve Documents Reveal Massive Foreign Bank Bailouts

Last week, the American people were finally informed on what the Federal Reserve has done with some of their money behind closed doors. It was revealed that one of the largest recipients of the Fed’s money was foreign banks during the 2008 economic downturn. We can’t say that we’re surprised. The Fed fought tooth and nail to keep these documents secret for a reason.

04/04/2011

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