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Old 24-07-09, 06:54 PM   #1
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Default HR1207: Audit The Federal Reserve

http://www.ronpaul.com/on-the-issues...serve-hr-1207/

The argument, if you haven't heard it (and feel free to correct me if you know more about this bill), is that The Federal Reserve is in actuality non-federal, and have no accountability for their actions. In fact congress is by law unable to question many areas of The Federal Reserve. If HR1207 is passed, they will be able to do so, and The Federal Reserve would have full transparency.

To put this in context, our central bank, The Reserve Bank of Australia, is routinely audited, so the bill isn't exactly "extreme". Though I will be surprised if we don't hear more about this in the news within the next year.

Has anyone else been reading about this?
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Old 24-07-09, 09:52 PM   #2
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No.
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Old 24-07-09, 10:23 PM   #3
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MrAwesome, I suggest unsubscribing from digg.com.
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Old 24-07-09, 10:40 PM   #4
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Old 24-07-09, 10:49 PM   #5
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ronpaul.com? Seriously?
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Old 24-07-09, 10:55 PM   #6
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Well Ron Paul made the bill, where else would I link?
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Old 24-07-09, 10:57 PM   #7
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If it comes from Ron Paul 90% it is totally crazy.
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Old 24-07-09, 10:59 PM   #8
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Then I guess over 55% of the House of Representives is crazy too. >_>
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Old 24-07-09, 11:01 PM   #9
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If it comes from America 90% it is totally crazy.
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Old 24-07-09, 11:02 PM   #10
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If it comes from a human being 90% it is totally crazy.
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Old 25-07-09, 12:25 AM   #11
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Quote:
Originally Posted by MrAwesome View Post
The argument, if you haven't heard it (and feel free to correct me if you know more about this bill), is that The Federal Reserve is in actuality non-federal, and have no accountability for their actions. In fact congress is by law unable to question many areas of The Federal Reserve.
Whilst it's nice to call crazy people out for being crazy, my father* tends to buy this shit. He also clings to every word of The Money Masters, and whilst I have enough sense to know better, I'm nowhere near knowledgeable enough on the subject to irrefutably set him straight**.

Which is why the "don't lend crazies legitimacy by confronting them" strategy employed by a sizeable chunk of mainstream academia shits me to tears. People take that as some great cover-up, and get all self-righteous about championing "the truth".

On-topic, has anyone ever written up a thorough debunking of this shit? If negative, could someone? I'm in dire need, here.


*Admittedly crazy, too.
**Read: shut him the fuck up about it.
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Old 25-07-09, 12:30 AM   #12
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I didn't mention any conspiracy theories, but okay.
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Old 25-07-09, 12:38 AM   #13
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Quote:
Originally Posted by MrAwesome View Post
Then I guess over 55% of the House of Representives is crazy too. >_>
Without having read the article you linked to, I'm not about to assume the proposition is wrong by default. That said, I'm reasonably certain Paul's reasons for creating this bill are fucked up. Probably something to do with Trotskyite bankers shitting on his lawn again (I paraphrase but meh).
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Old 25-07-09, 12:47 AM   #14
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Quote:
Originally Posted by Do it Fenrir View Post
On-topic, has anyone ever written up a thorough debunking of this shit? If negative, could someone? I'm in dire need, here.
Specifically the 5 jew bankers shit? There's really not much to debunk. It's either wildly paranoid, anachronistic interpretations of history or bare assertions. Debunking basically just involves reading the leaflet aloud and hoping the people around you aren't desperate/bored/stupid enough to latch-onto it. Pretty much the same strategy you apply to religious crazy.
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Old 06-10-14, 05:05 AM   #15
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classic gio tbh
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Old 06-10-14, 05:13 AM   #16
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Yeah that was right at the start of my libertarian phase. I think this actually ended up passing with a heap of amendments.

lol at fenrir equating it with conspiracy theorising.
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Old 07-10-14, 09:37 AM   #17
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libertarian phase? you mean you're not a shitbag anymore?
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Old 07-10-14, 07:44 PM   #18
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