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Debunking Myths of the Great Depression
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Issue Analysis

Debunking Myths of the Great Depression

[Click here to see a PDF version of this Issue Analysis].

04/17/2012
Tell Your Representative to Cosponsor H.R. 1098, the Free Competition in Currency Act
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Blog

Tell Your Representative to Cosponsor H.R. 1098, the Free Competition in Currency Act

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. 1098, the Free Competition in Currency Act of 2011. Introduced by Rep. Ron Paul (R-TX), the bill would repeal federal legal tender laws and tax laws that penalize the use of gold and silver coins as money. The Free Competition in Currency Act would help restore sound money by allowing Americans to choose a currency among competing currency that works best for them.

04/09/2012
Top 10 Reasons to End the Federal Reserve
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Top Ten

Top 10 Reasons to End the Federal Reserve

[Click here to see a PDF version of this report.]1. The Federal Reserve Has Far Too Much Power to Control Our Economy Federal Reserve Chairman Ben Bernanke has the power to dramatically impact our economy at

02/01/2012
More Secrets at the Federal Reserve Revealed
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Blog

More Secrets at the Federal Reserve Revealed

The Federal Reserve fought tooth and nail for over two years to keep their actions hidden from the American people. The central bank lost part of their battle for secrecy when they were court ordered through a Freedom of Information Act request to release 29,000 pages of documents earlier this year.

11/30/2011
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
Monetary Policy Failure: Forty Years of Fiat Currency
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Blog

Monetary Policy Failure: Forty Years of Fiat Currency

On this day 40 years ago, former President Richard Nixon suspended the convertibility of the U.S. dollar into gold. The decision, which radically changed the global monetary system, still holds enormous ramifications for every single American today. The money in our pockets would be worth more if Nixon hadn’t cut the link between U.S. dollars and gold.

08/15/2011
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
The Federal Reserve Must Be Audited!
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Blog

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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Blog

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

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