06/23/11 : Time for a full audit. Ron Paul's Opening Statement: Monetary Policy Subcommittee - Gold at Fort Knox - Dr Ron Paul very courageously is demanding a full audit of the gold reserves in Fort Knox because it is a gold that belongs to the people . The focus of the hearing is on recent audits of U.S. gold reserves; challenges to conducting a full audit; and impediments to an accurate assessment of the US gold position, including any leases, swaps or other encumbrances placed upon the gold reserves; and also examine changes to the legislative proposal that will ensure a full and accurate audit, assay, and inventory of U.S. gold reserves.Ron Paul is a BAMF! He is Thomas Jefferson and Patrick Henry rolled into ONE. The old adage is true. The more you tell the truth, the more you'll be attacked. Solution. Tell even more truth until the attackers are exposed and go into Apathy. GO RON PAUL
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
FOCUS on what is most important H.B. 1094-click on it - that is what follows.
ReplyDeleteAbolish the Federal Reserve -- END THE FED
On March 15, Congressman Ron Paul (R-Texas) introduced and sponsored bill H.R. 1094 – the Federal Reserve Board Abolition Act, which calls for the complete abolition of the Federal Reserve System and the Federal Reserve banks, and for the repeal of the Federal Reserve Act of 1913. Later that same day House Resolution 1094 was referred to the House Committee on Financial Services. On April 4 it was referred to the Subcommittee on Domestic Monetary Policy and Technology, chaired by Ron Paul, where it is currently pending and awaiting further action.
Upon introducing H.R. 1094, Rep. Paul offered the following remarks in support of his bill to abolish the Federal Reserve. Paul stated:
Though the Federal Reserve policy harms the average American, it benefits those in a position to take advantage of the cycles in monetary policy. The main beneficiaries are those who receive access to artificially inflated money and/or credit before the inflationary effects of the policy impact the entire economy. Federal Reserve policies also benefit big spending politicians who use the inflated currency created by the Fed to hide the true costs of the welfare-warfare state. [emphasis added]