The Smoking Argus

In this week’s Texas Straight Talk, Representative Ron Paul discusses the deteriorating situation in Afghanistan. As a consequence thereof, polls indicate that 58% of the American people now oppose the war, yet the Obama administration just authorized an additional twenty-one thousand troops for deployment in November. Thus as Dr. Paul opines it seems we are committed to following the example set by the former Soviet union, who spent ten-years in the 1980’s bankrupting their empire attempting control and stabilize Afghanistan, before finally withdrawing in defeat.

Related Material(s)
	Rep. Ron Paul Texas Straight Talk: Saving Face in Afghanistan – October 13, 2009 TRANSCRIPT (PDF 11.2 Kb)

Source(s): Office of Representative Ron Paul of Texas, Texas Straight Talk • Minnesota Chris

Allison Bricker

WASHINGTON D.C. – Representative Alan Grayson of Florida’s 8th Congressional District took to the House floor this morning to announce to his colleagues that H.R. 1207 would receive a hearing in the House Committee on Financial Services towards the end of September. Referring to the bill’s chief motivation, he said:

“This will be the first independent audit, in the FEDERAL RESERVE’s ninety-six year history, and it is long overdue.”

Representative Grayson (D-FL)
House of Representatives
September 16th, 2009

The tentative schedule published by the House Committee on Financial Services, of which Representative Grayson and Paul are members, indicates the hearing on H.R. 1207 The FEDERAL RESERVE Transparency Act of 2009 is to take place on Friday, September 25th, 2009 at 9:30 a.m. Eastern Standard Time.

Since being introduced by Representative Ron Paul of Texas earlier in the session, H.R. 1207 has steadily gathered bi-partisan support with all one-hundred and seventy nine Republican members and one-hundred and eleven Democrat members signing onto the bill as co-sponsors.

Unlike the majority of bills introduced within the halls of Congress, H.R. 1207 spans just over two pages and seeks to strike protection granted to the FEDERAL RESERVE under 31 USC 714. While 31 USC 714 does allow the Government Accountability Office (GAO) to audit FED activities related to check-processing, currency storage and shipments, etcetera, the code simultaneously places restrictions on audits related to the Federal Open Market Committee (FOMC), international transactions with other Central Banks, and all transactions with foreign governments.

H.R. 1207’s companion in the Senate is S. 604 introduced by Senator Bernie Sanders of Vermont. Thus far, S. 604 has twenty-five Senators signed on as co-sponsors to the bill.

Source(s): House Committee on Financial Services, Committee Schedule for September • Cornell University Law School, U.S. Code Collection “TITLE 31 > SUBTITLE I > CHAPTER 7 > SUBCHAPTER II > § 714″ • Representative Alan Grayson (D-FL) YouTube Channel

Wire Report

(WIRE Report: C4L) -  In his latest Campaign for Liberty video, 14th Texas Congressional District Representative, Ron Paul addresses President Obama’s Tuesday speech to students, the health care debate, and more as he gives a preview of what to expect now that the congressional recess is over.

Source(s): Campaign for Liberty “Legislative Update”

Allison Bricker

NEW ORLEANS, LOUISIANA – Representative Ron Paul of Texas spoke to a packed crowd of students in Nunemaker Hall located on Loyola’s main campus this past Wednesday. The lecture covered monetary policy of the FEDERAL RESEVE and our nation’s continued foreign policies, both issues that brought throngs of formerly apathetic voters to his 2007 campaign for the Republican Presidential Nomination.

In addition, Dr. Paul offers his opinion on the economic recovery policies begun under former President George W. Bush and continued under President Obama, and the effectiveness of such programs as “Cash for Clunkers”. The lecture  runs approximately sixty-minutes and is contained in its entirety within the YouTube video Playlist below.

Source(s): Loyola University Newsroom, Office of Public and External Affairs, “Ron Paul speaks at Loyola University Sept. 2″ Press Release • YouTube Channel Fallout 2600

Allison Bricker

RIDGEFIELD, WASHINGTON – Marine Corps Veteran, David William Hedrick let Democrat Representative Brian Baird (WA), have an earful during a town hall meeting held last Tuesday at the Clark County . Avid news readers will take note that Representative Baird gained national notoriety after his off the cuff  remark comparing town hall protesters to “brown shirts” of Hitler’s Third Reich.

Regardless that he later apologized for making the remark, the damage had already been done in the eyes of  many constituents. In addition to the boisterous cheers accompanying Mr. Hendrick’s disapproval with the proposed government intrusion into private health care, perhaps the loudest support echoed when he requested Representative Baird deliver a message to Speaker of the House, Nancy Pelosi (D-CA) stating:

“If Nancy Pelosi wants to find a Swastika, maybe she should look at the sleeve of her own arm.”

David William Hendrick
USMC Veteran

Source(s): KELA 1470 AM • David William Hendrick YouTube Channel

The Smoking Argus

CATO OFFICIAL STATEMENT – Republican U.S. Representative Ron Paul wants to audit the Federal Reserve. At the Cato Institute June 24, 2009, Congressman Paul made his case on behalf of greater transparency in how the Fed makes its decisions. Ron Paul represents the 14th Congressional District in Texas.

—End Official Statement—

Source(s): The CATO Institute Official YouTube Channel

Kelly

Congressman Dan Burton (R-Indiana) speaking to house members this past week about the fallout that occurs when the federal government starts spending insane amounts of money as fast as it can be printed.