Pennsylvania Firearm Owners Association
Results 1 to 3 of 3
  1. #1
    Join Date
    Apr 2009
    Location
    Lititz, Pennsylvania
    (Lancaster County)
    Age
    48
    Posts
    454
    Rep Power
    168

    Default House of Representatives to Hold Audit the Fed Hearings

    http://www.reuters.com/article/press...009+BW20090909

    Rep. Barney Frank Agrees to Hold Hearing on Federal Reserve Transparency
    September 25
    ALEXANDRIA, Va.--(Business Wire)--
    Congressman Ron Paul informed Campaign for Liberty today that House Financial
    Services Committee Chairman Barney Frank will hold hearings on H.R. 1207,
    Congressman Paul`s bill to audit the Federal Reserve. The hearings are
    tentatively set to take place Friday, September 25th at 9:00 am.

    "The Federal Reserve wields tremendous power and is at the center of our current
    economic storm of deficits, debt and bailouts.Congressman Barney Frank should be
    commended for his willingness to hold hearings on Fed transparency," said
    Campaign for Liberty President John Tate.

    "A full and thorough Audit of the Federal Reserve is now supported by over 75
    percent of the American people, and nearly the same percent of U.S. Congressmen,
    and these hearing are a major step toward that critical goal. Campaign for
    Liberty will continue to push for a clean vote and ultimate passage of H.R.
    1207," continued Tate.

    "However it is important that Audit the Fed not be attached to any other bill
    that seeks to "reform" the Fed by increasing its power; that would be a betrayal
    to the intent and spirit of H.R. 1207, and would be vigorously opposed by
    Campaign for Liberty," Tate cautioned.

    H.R 1207`s 282 cosponsors includes every House Republican, as well as 104
    Democrats and encompasses Representatives from a wide variety of ideological
    backgrounds, including conservatives, liberals, libertarians, moderates, and
    Blue Dogs.

    Campaign for Liberty has made H.R. 1207 its number one legislative priority this
    session. Working though its 200,000 strong national grassroots activist network,
    Campaign for Liberty has generated countless phone calls, petitions and letters
    to leaders on Capitol Hill.

    H.R. 1207 would open up the Fed`s funding facilities, such as the Primary Dealer
    Credit Facility, Term Securities Lending Facility, and Term Asset-Backed
    Securities Lending Facility to Congressional oversight and an audit by the
    non-partisan Government Accountability Office. Additionally, audits could
    include discount window operations, open market operations, and agreements with
    foreign central banks, such as ongoing dollar swap operations with European
    central banks.





    Campaign for Liberty
    Jesse Benton, 703-347-6886

    Copyright Business Wire 2009
    It's also much better to be an evicted survivor than an obedient corpse. -GunLawyer001

  2. #2
    Join Date
    Aug 2008
    Location
    Cow Country, Pennsylvania
    Posts
    1,304
    Rep Power
    10427500

    Default Re: House of Representatives to Hold Audit the Fed Hearings

    Sounds like a good push to me... What are the chances this will pass?
    ΑΣΦ

  3. #3
    Join Date
    Apr 2009
    Location
    Lititz, Pennsylvania
    (Lancaster County)
    Age
    48
    Posts
    454
    Rep Power
    168

    Default Re: House of Representatives to Hold Audit the Fed Hearings

    I'm skeptical, but given the heightened awareness towards gov't spending, I think it has a chance.
    It's also much better to be an evicted survivor than an obedient corpse. -GunLawyer001

Similar Threads

  1. Bernanke Fights House Bill To Audit The Fed
    By andrewjs18 in forum General
    Replies: 12
    Last Post: July 31st, 2009, 12:42 AM
  2. Secret House Of Representatives Meeting!
    By RocketFoot in forum General
    Replies: 9
    Last Post: October 15th, 2008, 09:23 AM
  3. GOA on the U. S. House of Representatives
    By Brick in forum General
    Replies: 22
    Last Post: October 9th, 2008, 07:54 PM
  4. Replies: 7
    Last Post: April 3rd, 2008, 09:40 AM
  5. Replies: 10
    Last Post: November 29th, 2006, 12:08 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •