Audit the Fed

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A very important bill is coming up in Congress soon, introduced by Texas Congressman Ron Paul.

During the next several months, Campaign for Liberty’s No. 1 priority on the national level will be passing Paul’s bill to audit the Federal Reserve: H.R. 1207, “The Federal Reserve Transparency Act.”

It’s obvious that we don’t know where our “borrowed” money is going. There is a majority of people in both major political parties that is afraid to oppose the Fed and will not if the voters don’t pressure them to do so.

The most influential voice against holding the big money people responsible is good ol’ Rush Limbaugh. We can always depend on him to scream “socialism” or “communism” at anyone wanting to control “our” monetary policy and corporations.

Certainly those two words induce paroxisms in the timid, ignorant and fearful among us. Maybe more of us should review some of our high school history or college political science course material.

It’s not like these words are such a mystery. I, personally, don’t like being treated with condescension or any other tomfoolery. When Rush, Sean Hannity, Glenn Beck and such give definitions of socialism, they studiously avoid giving the correct definitions and generally omit “fascism.”

When the interests of big business and government merge together, you have fascism. In our country, we have all of the influences of these political systems merged together into a sort of “corporatocracy,” a very real tyranny gained and maintained by the control of money. All of those words so scorned by Rush and the bunch, like socialism, populism and communism, have to do with the interests of workers, citizens in general, and public ownership and control of certain endeavors, like the postal service, the U.S. highway system, national parks, Social Security, Medicare, the U.S. military, the Smithsonian Institute and on and on and on. 

Maybe paroxisms are not the appropriate responses to these demagogues.

Daniel W. Jones
Newton

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Flag Comment Posted by William on March 26, 2009 at 4:17 am

I’m sure Jones meant to say “paroxysm.“ Which is as good a way as any I’ve heard to describe the language talking heads employ to sway their huddled masses.

Intellectually defunct foaming at the mouth to accuse the other side of belonging to one or the other extreme. The left pundits call the right pundits fascists, the right pundits call the left pundits communists. Are they right? To varying degrees, but not that it warrants forgoing philosophical debate in order to call each other these things.

And I’m not entirely sure about this corporatocracy statement. But it may be apt considering the apparent pull the lobbies seem to hold in comparison to the votes of the people.

ANYWHO. All that aside this is a good bill and I’ve already shot Mr Bright an email requesting his support for the bill.

It seems the Campaign for Liberty has set up a simple way to show your support of this bill to Bobby Bright.

http://www.campaignforliberty.com/campaigns/auditthefed.php

Flag Comment Posted by explanation? on March 25, 2009 at 10:53 pm

I don’t know what paroxisms are?  Did Pinget slip this in to throw us off?  Look, the bill is a good bill and we should call our Rep to have him vote for it.  Also have them vote against the card check bill, its really bad.
I would use fancier language but am just flat stumped by paroxism.

Flag Comment Posted by center scribe on March 25, 2009 at 2:19 pm

I have to disagree with you on your definition of fascism “When you have the interests of big business and goverment merge together you have fascism”.
The term fascism used in a political context was founded in Italy in 1919 by Benito Mussolini.There was no merging of goverment and business it was more of a hostile takeover by a dictorial regime.Fascism under names like National Socialism was not socialist at all but fascist in it’s political doctrine.And no one gained or prospered from it but Mussolini and the few he allowed to.
  I don’t agree with everything Rush,Hannity,Beck or even O’Reilly has to say.But for the most part they are actually willing to at least debate or give you a opportunity to voice an opposite opinion.But,the likes of Olbermann,Maddow,MSNBC and NBC are all card carrying narrow minded left-wingers,who only attack,malign and very often distort the truth without remorse or apology.
The American goverment/tax payer right now owns more than 79% of AIG.And there are lots of others.And by the way every Democrat,Republican or Independent that voted for the “stimulus bill” should have to pay the bonuses to the people that was promised them, out of their own pockets!(even though I don’t agree with the bonuses)They voted to allow them to have them and then when the American public cried foul the politicians all are suddenly surprised about them.Hypocrites!They should have to pay!
Roughly 460 of all the major financial institutions are in debt to the goverment/taxpayer.Couldn’t this course of action be construed as the Nationalization of the American Banking institutions and big business.Or at least a step in that direction,intentional or not?And in order for Socialism or even Communism to take place these two events would have to occur.
Don’t you feel like you have been keep in the dark for the last 60 odd days,where’s the transparency there.Where’s the plan?
I’ve got to admit that"corporatocracy” was a new one on me.I’m just a dumb old country boy raised over here on the river.But, from what I can ascertain from the web is that the term corporatocracy is more at home in conspiracy theory circles than in actual goverments.
I could not find one country that is what you would call a corporatcracy.Although I would admit that the closest thing to corporatcracy(and in the very broadest sense of the word) would be our system of lobbist and those they represent and their influence,be it financial or otherwise on our Senate and House members or even Presidents and Presidential candidates.
I can’t say that I’ve ever been the timid or fearful type, maybe I’m too ignorant for that.But, I did have a paroxysm one time.But,my Mama cured it with a peach tree switch on my butt.

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