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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
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
Audit the Fed Bill to Be Voted on Soon
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Blog

Audit the Fed Bill to Be Voted on Soon

___ 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. ___

05/30/2012
Legalize Competing Currencies!
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Blog

Legalize Competing Currencies!

The value of the U.S. dollar is rapidly declining. The dollar is worth roughly half of as much as it was in the mid-1980s. Since the creation of the Federal Reserve in 1913, the dollar has lost a whopping 97 percent of its purchasing power. The Federal Reserve excessively printing money has devalued our currency which means the dollar can’t buy as much as it used to. 

04/23/2012
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
Gas Prices are Rising Because the Dollar is Falling
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Blog

Gas Prices are Rising Because the Dollar is Falling

Americans are feeling the pain at the gas pump. Gasoline prices have soared 42 cents a gallon since the beginning of the year. The nationwide average is now $3.74 a gallon, a 101 percent increase from January 2009. So who’s to blame?

03/01/2012
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
Keep Raising the Debt Ceiling and the Whole House Will Collapse
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Issue Analysis

Keep Raising the Debt Ceiling and the Whole House Will Collapse

I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.—Thomas Jefferson Last week on January 26th Congress voted against a measure to deprive the president of the authority to raise the debt ceiling. In a 44 – 52 vote, the president was granted permission to add another $1.2 trillion to the national debt, deferring for some time any difficult albeit necessary fiscal decisions. For the first time in over half a century, the national debt is roughly equal to the gross domestic product of the United States. This situation is analogous to an individual whose debts are equal to the total value of his income and savings. Mainstream economists will note, however, that this is not as dire of a situation as it first appears to be. After World War II, the national debt was 122 percent of GDP, about 22 percent higher than that of today. This is true, although there are several other factors that are worth consideration in comparing and contrasting the fiscal solvency of the United States in 1946 with that of today.

01/30/2012

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