The Ice Blog

by Ice

What Happened to Auditing the Fed?

April 21, 2010 – by Donny Shaw

One of the great political success stories of the past couple years has been the audit the Fed movement. Starting with an unlikely partnership between the far-right Rep. Ron Paul [R, TX-14] and far-left lawmakers Rep. Alan Grayson [D, FL-8] and Sen. Bernie Sanders [I, VT], the push to open up the Federal Reserve to a complete government audit for the first time ever (H.R.1207) has attracted more than 300 co-sponsors in the House and was included in the House’s financial reform bill that was approved last December (see the audit the Fed language in the context of the bill here).

But now that financial reform has moved into the Senate, the audit the Fed proposal has disappeared from the bill and there is virtually no talk of trying to put it back in. Instead, the Senate financial reform bill as written by Banking Committee Chairman Chris Dodd [D, CT] includes a section that looks deceptively like a Fed audit, but would actually do nothing to open up the Fed or remove the special audit restrictions that have allowed the Fed to operate in secrecy for decades.

For the rest of this article including the provision as it currently exists in the senate bill click Here.

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April 22, 2010 Posted by | Audit the Fed, Banks, Congress, End the Fed, Federal Reserve, Government, Legislation, Politics, Ron Paul, Senate | , , , , , , , , , | Leave a comment

Money, Banking and The Federal Reserve (Video)

by The Ludwig von Mises Institute
The Ludwig von Mises Institute

Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.

Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salemo, Hans Hoppe and Lew Rockwell, this estraordinary film is the clearest, most compelling explanation ever offered of the Fed and why curbing it must be our first priority.

Alan Greenspan is not, we’re told, happy about this 42 minute blockbuster. Watch it and you’ll understand why. This is economics and history as they are meant to be: fascinating, informative, and motivating. This movie could change America.

You can order the “Money, Banking and The Federal Reserve on DVD at Mises.org

October 11, 2009 Posted by | American History, Austrian Economics, Banks, Congress, Credit, Currency, Deficit, Deficit Spending, Economy, End of America, End the Fed, Federal Reserve, Finance, Government, Inflation, Investing, Investment, Law, Legislation, Lew Rockwell, Limited Federal Government, Loans, Loans/Mortgage, Ludwig von Mises Institute, Market Economy, Money, Murray N. Rothbard, Politics, Ron Paul, Sovereignty, Tax, Taxation, Taxpayer, Trade | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Top Senate Democrat: bankers “own” the U.S. Congress

Source: Salon

Sen. Dick Durbin, on a local Chicago radio station this week, blurted out an obvious truth about Congress that, despite being blindingly obvious, is rarely spoken:  “And the banks — hard to believe in a time when we’re facing a banking crisis that many of the banks created — are still the most powerful lobby on Capitol Hill. And they frankly own the place.”  The blunt acknowledgment that the same banks that caused the financial crisis “own” the U.S. Congress — according to one of that institution’s most powerful members — demonstrates just how extreme this institutional corruption is.

The ownership of the federal government by banks and other large corporations is effectuated in literally countless ways, none more effective than the endless and increasingly sleazy overlap between government and corporate officials.  Here is just one random item this week announcing a couple of standard personnel moves: …

Continued Here.

May 1, 2009 Posted by | Banks, Congress, Democrat, DNC, Economy, End the Fed, Federal Reserve, Fraud, Government, Legislation, Lobby, Politics | , , , , , , , , , , , | 1 Comment

Getting Things Done

Here are some folks that are accomplishing a few things. Imagine that… people that actually lobby Congress to effect change!

Campaign for Liberty has been on the Hill all week lobbying congressmen to support HR 1207, Ron Paul’s bill to Audit the Fed, and we’re pleased to report that the bill’s momentum shows no signs of slowing down! C4L’s Jesse Benton has visited over 50 congressional offices, and reports that “the reception has been unbelievable…. Between our Hill lobbying, the work of Dr. Paul’s congressional staff and the work of all the tremendous grassroots activists in our movement, we are making progress unthinkable a few years ago.” Read his report on the C4L blog here. Thanks to that hard work and dedication, HR 1207 now has 91 cosponsors and more on the way! Our national office is filled with your petitions, and now is the perfect time to make our voices known to Congress.

Their next step is a petition drive.

Next Tuesday, April 28th, Campaign for Liberty will be holding its second official Mass Action Day by doing a “National Petition Push” for HR 1207. If the media didn’t know what to say about all our “Audit the Fed” signs dominating the Tea Party visual landscape on April 15th, just wait till they see Congress slammed with tens of thousands of C4L petitions!

Make no mistake: We’re turning this spirit of freedom into real legislative action.

On the 28th, members of my staff and I will be joined by C4L members from around the DC area as we mount Capitol Hill to flood Congress with tens of thousands of your petitions in support of HR 1207. But this effort will extend far beyond D.C., as we’re asking C4L members all across America to take their petitions to their representative’s district offices on the 28th. Phone calls and emails are powerful tools, but nothing compares to a personal office visit.

These people believe that they can “take back” and “put right” their “servant” government. Year after year, Ron Paul has introduced legislation to “End the Fed“. His bill to abolish the Fed, even though widely supported by the People, has never made any legislative progress or even gained a co-sponsor. His “toned down” version is making great progress, as noted above.

In the Politico, Ron Paul writes, “if this audit reveals what I suspect and Congress has finally had enough, it can also pass my legislation to abolish the Federal Reserve.”

What would replace the Fed if Congress decides to “End the Fed“?? There must be included in any legislation to “End the Fed” a Constitutional solution that will move further away from the globalists plan for a “one world currency” as part of plans for a New World Order.

What should we fear? We should fear that this movement to “Audit the Fed” and “End the Fed” will be used as a vehicle to push America into acceptance of a one world currency and banking system widely being touted as the solution to the world’s economic crisis and currently being implemented, gradually, until a prime moment arrives at which it can be thrust upon the unsuspecting American People.

This is a danger that preparations must be made for and actions ready to be taken. The servants must be forewarned that any such attempt to remove a constitutional currency resulting in the loss of American Sovereignty will end their political careers.

April 25, 2009 Posted by | Banks, Constitution, Currency, End the Fed, Federal Reserve, Government, Limited Federal Government, New World Order, Politics, Ron Paul, Sovereignty | , , , , , , , , , , | 1 Comment

Audit The Fed May Lay Groundwork for “End The Fed”

As this OpenCongress article points out, once the Fed has undergone an audit and its failings found … it may be discovered that the wisest move would be to “End The Fed.”

From the article:

Current U.S. Code protects the Fed’s secrecy in several important areas (31 USC 714 – Sec. 714):

Audits of the Federal Reserve Board and Federal reserve banks may not include – (1) transactions for or with a foreign central bank, government of a foreign country, or nonprivate international financing organization; (2) deliberations, decisions, or actions on monetary policy matters, including discount window operations, reserves of member banks, securities credit, interest on deposits, and open market operations; (3) transactions made under the direction of the Federal Open Market Committee; or (4) a part of a discussion or communication among or between members of the Board of Governors and officers and employees of the Federal Reserve System related to clauses (1)-(3) of this subsection.

All of these barriers to access would be eliminated by Rep. Paul’s bill.

April 22, 2009 Posted by | Banks, Congress, Economy, End of America, End the Fed, Federal Reserve, Finance, Fraud, Government, Legislation, Politics, Ron Paul, Statutes | , , , , , , , , , , , , | Leave a comment

Army Dispatched in Response to End the Fed Protests

Kurt Nimmo
Prison Planet.com
Saturday, March 21, 2009

The Liberty Restoration Project blog has posted an advisory released last November by the United States Army Reserve. “The United States Army Reserve Command is publishing this Force Protection Advisory to advise all Army Reserve personnel of the planned protests at all Federal Reserve Banks and office locations within the United States on 22 November 2008,” the document reads. “This message provides situational awareness and recommended mitigation measures.”

click to see larger version
click to see larger version
click to see larger version
Click image to see larger version.

According to the Army Reserve, the folks gathered and exercising the First Amendment in response to the Federal Reserve’s loan sharking operation are essentially terrorists.

The Army “established relationships” with local law enforcement and the FBI and encouraged them to “update alert rosters,” according to the document. In 2003, Jim Garamone, writing for the American Forces Press Service, noted that the “Northern Command cooperates with the other unified commands and shares intelligence with them” and also has forged “relationships [that] cut across federal, state and local agencies, and include players from law-enforcement, emergency services, intelligence agencies and the military.”

In 2008, Air Force Gen. Victor E. Renuart Jr., commander of the North American Aerospace Defense Command and NorthCom, told attendees of the National Homeland Defense Foundation symposium in Colorado Springs, Colorado, “that effectively defending the homeland and responding to natural or man-made disasters requires an integrated approach that involves federal, state and local governments, and even international and private organizations,” the latter a reference to InfraGard, the private sector Gestapo with shoot to kill orders issued by the FBI (see The FBI Deputizes Business).

“We believe those relationships will be key to our success,” Air Force Gen. Ralph Eberhart told Garamone.

Northcom and the Army Reserve’s mission apparently also include reporting “all potential protest activities to the Army Reserve Operations Center.” The Army Reserve falls under the Pentagon’s Continuity of Operations program “that ensure[s] the execution of mission-essential functions… during a national security or domestic emergency” (see Militarizing the US “Homeland”: NORTHCOM’s Tasking).

In addition to Northcom “cooperation” with local law enforcement in regard to entirely legal and peaceful demonstrations, a document sent to Alex Jones earlier this month exposes an effort by Homeland Security to work with law enforcement in Missouri to demonize supporters of Ron Paul, Chuck Baldwin, and Bob Barr. Ron Paul is quite specific in his call for the Federal Reserve to be closed down. Paul told Alex Jones on March 12 that “the people responsible for the economic crisis should not be hailed as saviors and given more power to fix the problem that they created, but arrested and criminally prosecuted,” as Paul Joesph Watson reported for Prison Planet.

In 2005, NBC obtained a secret 400-page Defense Department document listing more than 1,500 “suspicious incidents” across the country related to peaceful anti-war demonstrations. “The Defense Department document is the first inside look at how the U.S. military has stepped up intelligence collection inside this country since 9/11, which now includes the monitoring of peaceful anti-war and counter-military recruitment groups,” NBC reported.

Read the entire article HERE.

March 22, 2009 Posted by | Bill of Rights, End of America, End the Fed, Federal Reserve, First Amendment, Free Speech, Freedom, Government, Liberty, Limited Federal Government, Martial Law, Military, New World Order, Police State, Protests, Ron Paul, Terrorist Watch List, Tyranny | , , , , , , , , , , , , , , , | Leave a comment