Allison Bricker

MINNEAPOLIS, MINNESOTA – Young Americans for Liberty (YAL) hosted a student town hall featuring Representatives Michele Bachmann of Minnesota and Ron Paul of Texas this past Friday at Northrop Auditorium located on the campus of the University of Minnesota. Both Congressional representatives spoke to the students about limiting the size and scope of government, monetary policy, and free market economics after having earlier in the day been present during testimony before the House Financial Services Committee regarding Dr. Paul’s bill to comprehensively audit the FEDERAL RESERVE, H.R. 1207.

Despite the seemingly complex subject matter, students, faculty, and residents filled the auditorium to hear both Representatives rail against the consequences of big government and central economic planning at the hands of a private central bank. After a short introduction by Representative Bachmann, the crowd rose to its feet to give Dr. Paul a standing ovation, a scene repeated throughout and upon conclusion of Dr. Paul’s speech.

Editor’s Note: The video is approximately thirty-seven minutes in length and contains Representative Ron Paul’s speech during the town hall. The question and answer portion is unfortunately not included.

Allison Bricker

Hearing Begins at 8:00 a.m. Central Time

RAYBURN HOUSE OFFICE BUILDING, DISTRICT of COLUMBIA – The House Financial Services Committee, Chairman Barney Frank presiding is hearing testimony regarding Representative Ron Paul of Texas’ bill, House Resolution 1207, “The FEDERAL RESERVE Transparency Act of 2009″

H.R. 1207 seeks to remove a key prohibition preventing the Government Accountability Office (GAO) from conducting a full comprehensive audit regarding the FEDERAL RESERVE’s international transactions with other central banks and foreign governments.

The FEDERAL RESERVE is a private central bank created in 1913 to oversee and manage the nation’s monetary policy. The American Republic has witnessed two previous central banking institutions in its history, both of which were abolished after wrecking havoc on the economy due to the inherent flaws of central economic planning.

H.R. 1207 currently enjoys a majority in the House of Representatives via co-sponsorship by 293 other House members. The companion bill in the Senate is S. 604

The Smoking Argus

(LIBERTY PULSE, RP) by T. Martin- filed: August 28, 2009

Missing Sentence in Transcript Causes Premature HR 1207 Victory Celebration.

Several blogs and forums reported during the past 24 hours that Chairman of the House Financial Services Committee, Barney Frank, said that Ron Paul’s bill to audit the Federal Reserve, HR 1207, will pass in October.

Incorrect Reports about Barney Frank’s Statement on HR 1207

• Washington Times: “Barney Frank says Ron Paul bill will pass”
• Politico: “Barney: Fed audit bill will pass in October”
• Business Insider: “Barney Frank: Yes, We Will Pass Ron Paul’s ‘Audit The Fed’ Bill”
• United Liberty: “Frank: Vote on HR 1207 in October”
• Daily Paul: “Video: Barney Frank Says House Will Pass HR1207 in October”
• ZeroHedge: “Barney Frank Says The House Will Pass HR 1207 In October”
• Mish: “Barney Frank Says Ron Paul’s Audit The Fed Bill Will Pass In October”
• Washington Independent: “Ron Paul’s ‘Audit the Fed’ Bill to Get October Vote?”

The source of the rumor seems to be the following video.

Full Complete Analysis of False Reports

Source(s): RonPaul.com • YouTube User VegasBD

Allison Bricker

On Wednesday, we posted the Digg/Wall Street Journal interview of Treasury Secretary Timothy Geithner along with analysis provided by the Corbett Report. During the approximately twenty-minute interview, Secretary Geithner indicated that both the author of legislation such as H.R. 1207 and its vocal supporters must understand that opening the FEDERAL RESERVE’s books to Sunlight would “politicize the process”.

“The FED actually is subject to very comprehensive oversight by the Congress, by a series of external auditors…but you want to keep politics out of monetary policy. There are good reasons for that.”

 

Timothy Geithner
Secretary of the Treasury

Yes keeping politics out of monetary policy is important Secretary Geithner, and that is exactly why we need a full audit of the FEDERAL RESERVE.

Secretary Geithner is partially correct in his statement that the FEDERAL RESERVE is audited. What he fails to mention however, is that the transactions, which hold the potential to cause the greatest widespread damage; those dealing with foreign governments, other central banks, and international financial institutions, are prohibited from audit, and thus remain cloaked from any oversight whatsoever.

As such, H.R. 1207 and S. 604, both just barely over two-pages in length, merely seek to remove the aforementioned prohibitions thereby allowing Congress and ‘We the People’ to see the full impact of the FEDERAL RESERVE’s international dealings.

Thus, the potential for politicization comes not from the act or principle of demanding true transparency and accountability, but possibly from the FED’s own actions. It is not beyond possibility that a full-unabated audit could expose foreign interactions, which resemble those more closely aligned with that of a government unto itself than those of a central bank built for “economic stability”.

Foreign policy decisions, ergo the business of allies, enemies, and the subsequent support thereof financially or otherwise is  first and foremost a function of the United States Senate via its Constitutional authority of making and ratifying treaties.

It is most certainly not the purview of a private central bank shrouded in secrecy via a most repugnant unconstitutional regulation.

In conclusion, either allow the repeal of the prohibition contained in TITLE 31>SUBTITLE 1>CHAPTER 7> SUBCHAPTER II > § 714 > PARAGRAPH (b) or sell the idea of letting a central bank exist and operate under the cover of darkness as an Amendment to the United States Constitution.

As there are those of us who are indeed willing to pledge our lives, fortunes, and sacred honors to see the FEDERAL RESERVE meet with the same fate as the previous two Central Banks of the United States.

Allison Bricker

WASHINGTON D.C. – Representative Ron Paul questions FEDERAL RESERVE Chairman Ben Bernake over his remarks in the Wall Street Journal regarding HR 1207 and his push back in allowing the Congress to audit the books of the private central bank. Dr. Paul also pushes the FED chairman on the growing threat of inflation due to the excess debt continuing to be accumulated by the U.S. government regardless of President Obama’s stimulus efforts.

Source(s):

Allison Bricker

Representative Ron Paul of Texas provides an update on the growing momentum behind H.R. 1207 “The FEDERAL RESERVE Transparency Act of 2009″. Dr. Paul also discusses the progress of  the companion bill in the Senate, S. 604 as well as provides some insight as to how opponents might try and derail the effort to audit the internal books of the nation’s third central bank.

Source(s): The Campaign for Liberty

The Smoking Argus

In this week’s “Texas Straight Talk” by Representative Ron Paul, he discusses the growing movement behind the desire both in Congress via hearings on H.R. 1207 and with the American people in general to audit the FEDERAL RESERVE. Dr. Paul also speaks to the opposition encountered  by Senator Jim Demint (R) of South Carolina after attempting to attach the Senate version, S.604 as an amendment.

Related Materials
	July 13, 2009 Texas Straight Talk Transcript (PDF 32k)
	H.R. 1207 The FEDERAL RESERVE Transparency Act of 2009 (PDF 158.64k)
	S. 604 Federal Reserve Sunshine Act of 2009 (PDF 156.86k)
	Objection in Senate to Senator Demint’s attempted amendment (Video)

Source(s): Official House Webpage of Representative Ron Paul (TX-14) • U.S. Government Printing Office • Official YouTube Channel of Senator Jim Demint (SC)

Allison Bricker

THE REGION, INDIANA – The old-media’s faux-liberty shill, Glenn Beck has attempted yet again to tie Constitutionalists, Ron Paul supporters, those calling for a second 9/11 investigation, opposition to the FEDERAL RESERVE, and liberty activists to the likes of domestic terrorists and Al-Qaeda. Mr. Beck made the statement on his show Wednesday evening after self-described white supremacist, James von Brunn went on a shooting spree¹ at the “United States Holocaust Memorial Museum”.

Click to Enlarge

Without offering any source, i.e. the Associated Press, Reuters, etcetera Mr. Beck reported on air unsubstantiated innuendo² as a means to forward his personal dislike for anyone who dare question the government story on 9/11. It is worthy to note Mr. Becks’s utter contempt for those calling for a second more thorough investigation is well documented.  During a broadcast on his radio show in 2005, he tore off into a tirade over the hatred he feels towards families of 9/11 victims due to their constant “complaining”.³

Regardless of where one comes down on the issue, and subsequently following President Obama’s admission in his Cairo, Egypt speech regarding the successful C.I.A. led overthrow of the democratically elected government of Iran in 1953, there is no justification in attempting to connect those requesting a second 9/11 investigation to terrorists.

For a man who has just recently been caught  lying⁴, it is but another example of the unprofessional shills in lieu of actual reporters now employed by the old-media.

However, this is not the first time Mr. Beck has lied or reported erroneously, as just this past January when he was hell-bent on insinuating that President Obama was somehow anti-God for failing to use a Bible during a second swearing in ceremony, he fictitiously stated that he researched the issue and did not find one single President who did not use the Bible.⁵

Click to Enlarge

Unfortunately for Glenn Beck, a cursory check of history shows that Theodore Roosevelt was sworn in during a hastily arranged ceremony shortly after the death of President McKinley⁶ and thus did not use a Bible. However even more devastating to Glenn Beck’s haphazardly constructed insinuation of “no Bible = UnAmerican” is the fact that our sixth President, John Quincy Adams, an outspoken religious man, stated that he felt the Bible should be solely reserved for religious ceremonies, and thus was sworn in by Chief Justice Marshall with his hand upon an American Constitutional Law book⁷.

Consequently, perhaps the only bit of truth recently spoken by Glenn Beck came during an exchange with Barbara Walters of “The View” when he stated that he is not an investigative or any other type of reporter⁴ and that he does not check his facts prior to offering commentary upon a story. (see video)

Similarly to the old-media “M.I.A.C.-like” tactics displayed by Glenn Beck, anonymous screen name only tabloid blogger, “Left coaster” writing for the “Daily Kos” attempts to infer a link between Ron Paul and those opposed to the FEDERAL RESERVE to  the murderous antisemite  James von Brunn⁸.

Utilizing a standard so circumstantial that it would be laughed out of any court in the union, even taking into account the most liberal interpretation possible for rules of evidentiary procedure, “Left Coaster” attempts to conjoin criticizing the FEDERAL RESERVE with a sociopath  by offering up a lone comment left in a Yahoo Ron Paul for President group.

Thus, if we at “The Smoking Argus Daily” desired to stoop to either of the very low bars set by Glenn Beck or “Left Coaster” in order to rile up a small group of unsophisticated, intellectually void readers, we too could make such spurious connections in our reporting and editorializing.

Whereby, since my personal feelings on abortion could be classified as “local rule” pro-choice, should I have crafted a scathing editorial insinuating a link between all Mormons, Christians, and other opponents of abortion as packs of wild blood thirsty homicidal gun wielding maniacs, due to the cold calculated shooting of Dr. Tiller?

Alternatively, since President Obama is viewed by me as just another government puppet, then it might be possible to score some brownie points by connecting him via an official press release⁹ supporting the administration’s pick for N.O.A.A. issued by the “Sea Shepherd Conservation Society”. After all, the organization is headed up by environmental extremist, Captain Paul Watson who as the video to the left indicates, thinks that in order to “protect” the rain forest, fellow environmentalists should “rise up and rip loggers limb from limb”.

Would it somehow prove that all abortion opponents approve of murdering doctors in order to “spread” the pro-life message, or that all environmentalists support Mr. Watson’s demented desire to tear apart fellow humans¹⁰ as a rational way to protect the environment?

Therefore, this is purely a myopic tactic employed by those who see collective group-think as an effective strategy to keep us divided in to neat and manageable “people-groups”, thereby tethered ad infinitum to the false left/right paradigm. It is not now, nor shall it ever be as long as “The Smoking Argus Daily” remains edited and published by me, to allow any post to strive for the lowest common denominator, nor view our loyal readers in such an unsophisticated contemptuous manner.

Finally, with both “Fox News” and “Daily-Kos” attempting to pigeonhole the freedom movement as “dangerous”, “radical”, or somehow equated to lunatics like James von Brunn, it can only really mean one thing. Those of us who desire to see the Constitution/Republic Restored, the abolition of the FEDERAL RESERVE, et al are making progress to a degree which has risen to rattling the cages of the status quo.

Thus with H.R. 1207 “The FEDERAL RESERVE Transparency Act of 2009″ currently sitting at 218 222 co-sponsors¹¹ and with Chairman Bernake & Co. opting to hire a public relations firm¹² to combat mounting scrutiny over their deviousness, individuals are beginning to see through the transparent “plastic-wrap” shills of the old-media for what they truly are; agents of division.

Source(s): ¹AP NEWS BRIEF: “Gunman, 88, opens fire at crowded Holocaust Museum and kills guard before being shot himself”, published June 10, 2009 • ²Fox News “Glenn Beck” aired June 10th, 2009 • ³Premiere Radio Networks “The Glenn Beck Program” aired September 2005 • ⁴ ABC “The View” aired May 20, 2009 • ⁵ Fox News “Glenn Beck” aired January 22, 2009 • ⁶ Foreign Press Centers, U.S. Department of State “Presidential Inaugurations Past and Present: A Look at the History Behind the Pomp and Circumstance”, January 13, 2005 • ⁷ “The Statesman’s Manual” by Edwin Williams, pg. 649, published by Edward Walker, 1846 • ⁸ Daily Kos “NeoNazi Killer’s Racist Rant in Ron Paul Yahoo Group” by “Left Coaster”, published June 10, 2009 • ⁹ Sea Shepherd News “NOAA Is On The Right Track With Obama”, published March 20, 2009 • ¹⁰ 2003 Los Angeles Animal Rights Convention, speech by Cptn. Paul Watson • ¹¹ Campaign For Liberty “H.R. 1207 Passes 218 Co-sponsors” published June 11, 2009 • ¹² Reuters “Fed hiring veteran lobbyist: source” By Mark Felsenthal, published June 5, 2009•

Allison Bricker

AUSTIN, TEXAS – Representative Ron Paul (R-TX) appeared today on “The Alex Jones Show” to discuss the progress of his legislation, H.R. 1207 “The FEDERAL RESERVE Transparency Act of 2009″, which is now up to 209 co-sponsors as of this afternoon. As reported by Reuters, the FEDERAL RESERVE is for the first time fearing the momentum behind H.R. 1207 and has now hired former Clinton Administration and Enron employee, Linda  Robertson to craft a counter public relations campaign in hopes of derailing H.R. 1207.

As we reported earlier today regarding comments from Jim Grant during an interview on CNBC, Chairman Ben Bernake knows that an actual independent audit of the FEDERAL RESERVE would expose it as the corrupt private entity which has had a monopoly over the economy since its inception in 1913.

Upon the creation of the FEDERAL RESERVE, Congress ceded its Constitutional authority under Article I, Section 8, Clause 5 to coin money and regulate the value thereof to a group of private bankers and financiers. Further, Article I, Section 10, Clause 1 of the Constitution states that only gold or silver shall be tendered for repayment of all debts. In 1971, President Richard Nixon via an Executive Order, bypassing Congress wholly removed the Dollar from being backed by Gold. Thus, on that date, our Dollar once redeemable for actual Gold or Silver, became what is known as a “fiat” currency backed by nothing other than government decree.

Since that day in 1971, the Dollar has gone on to lose another 20%. Consequently, today’s wholly fiat Dollar is worth approximately$0.04 cents compared to its value just prior to the inception of FEDERAL RESERVE.

Source(s):

Allison Bricker

NEW YORK, NEW YORK – During an interview this morning on the CNBC program “Squawk Box”, Mr. Jim Grant, editor of “Grant’s Interest Rate Observer” indicated that if the FEDERAL RESERVE was audited, it would be found insolvent and shut down. This shockingly candid answer came in response to a question asked of him by in-studio guest Arianna Huffington regarding whether or not he supported “H.R. 1207 Audit the FED” authored by Representative Ron Paul (R-TX).