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Audit the Fed!
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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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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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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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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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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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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
The Federal Reserve Must Be Audited!
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The Federal Reserve Must Be Audited!

Since the Federal Reserve opened its doors in 1914, it has never been audited. It remains the most secret and least accountable operation of the federal government. Our dollar has lost 97 percent of its value since its creation. Rep. Ron Paul (R-TX) and Sen. Rand Paul (R-KY) have both introduced the Federal Reserve Transparency Act of 2011. The Federal Reserve Transparency Act would eliminate the current audit restrictions placed on the Government Accountability Office (GAO) and require a full and thorough audit of the Federal Reserve.

03/30/2011
Government to Blame for Rising Gasoline and Food Prices
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Government to Blame for Rising Gasoline and Food Prices

Americans are feeling the pain at the pump and the grocery store. In just the past month alone, gasoline prices have soared by 13.7 percent. The average price of a gallon of gasoline stands at $3.56. Food prices rose 3.9 percent last month which is the largest gain since November 1974. Most politicians have placed the blame on everyone but themselves. The policies of the U.S.

03/22/2011
Detached from Reality
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Detached from Reality

By 2020, public debt in the United States is set to reach 90 percent of GDP, a line that many economists demarcate as when accumulated debt pushes an economy to the precipice of fiscal demise.  Entitlement spending remains on autopilot and some federal agencies, with “stimulus” money included, have received 180 percent increases in spending.

03/16/2011
Letter to Senate: Oppose the Nomination of Peter Diamond to Become Member of Federal Reserve Board of Governors
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Letter to Senate: Oppose the Nomination of Peter Diamond to Become Member of Federal Reserve Board of Governors

Dear Senator, FreedomWorks is a leading grassroots organizing fighting for lower taxes, less government and more freedom. I am writing to urge you to oppose President Obama’s nomination of Peter Diamond to become a Member of the Federal Reserve Board of Governors. While Peter Diamond did win the Noble Prize in economics, as Paul Krugman did, this should not be the deciding factor when considering a nominee. I urge you to take a serious look at his troubling policy positions that he has taken throughout his career.

03/07/2011

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