Comments on: Ron Paul Is Wrong http://swgapolitics.com/index/2009/06/12/ron-paul-is-wrong/ Free Thinking for a Free World Fri, 15 Apr 2011 20:58:11 +0000 hourly 1 http://wordpress.org/?v=3.1.4 By: Bill http://swgapolitics.com/index/2009/06/12/ron-paul-is-wrong/comment-page-1/#comment-771 Bill Mon, 15 Jun 2009 16:20:08 +0000 http://swgapolitics.com/index/?p=1424#comment-771 We are reading The Creature From Jekyll Island for the book club. Our meeting is Thursday. The book is about the Fed. Should make for some interesting talk. We are reading The Creature From Jekyll Island for the book club. Our meeting is Thursday. The book is about the Fed. Should make for some interesting talk.

]]> By: Earl http://swgapolitics.com/index/2009/06/12/ron-paul-is-wrong/comment-page-1/#comment-729 Earl Sat, 13 Jun 2009 01:49:04 +0000 http://swgapolitics.com/index/?p=1424#comment-729 Did you read HR 1207? Your comments indicate you did not. Ron Paul a hypocrite? I think not. HR 1207 modifies already existing US Code (read it here http://www.law.cornell.edu/uscode/html/uscode31/usc_sec_31_00000714----000-.html) which enables the government to audit the Fed -- this is not new in Paul's legislation. The problem is that the code allows for exceptions in the audit, thus rendering it ineffective. HR 1207 removes all exceptions, thus making the code meaningful. But HR 1207 is just a stepping stone to removal of the Fed. First, get Congress to truly audit the Fed, then get them to abolish it. So, that brings up Ron Paul's HR 833 The Federal Reserve Board Abolition Act. Every year Paul puts in legislation to abolish the Fed, every year it dies in committee with not one cosponsor (HR 1207 has 222 cosponsors). Ron Paul is much smarter and wiser than you think he is. Under current economic conditions he has the chance to bring the Fed under scrutiny with HR 1207. Any other year it would die in committee as just another nutty piece of legislation, but not this year. Get Congress to look differently at the Fed and perhaps they will begin to warm up to HR 833. Ron Paul has a plan, let him carry it out. Did you read HR 1207? Your comments indicate you did not. Ron Paul a hypocrite? I think not. HR 1207 modifies already existing US Code (read it here http://www.law.cornell.edu/uscode/html/uscode31/usc_sec_31_00000714—-000-.html) which enables the government to audit the Fed — this is not new in Paul’s legislation. The problem is that the code allows for exceptions in the audit, thus rendering it ineffective. HR 1207 removes all exceptions, thus making the code meaningful.

But HR 1207 is just a stepping stone to removal of the Fed. First, get Congress to truly audit the Fed, then get them to abolish it.

So, that brings up Ron Paul’s HR 833 The Federal Reserve Board Abolition Act. Every year Paul puts in legislation to abolish the Fed, every year it dies in committee with not one cosponsor (HR 1207 has 222 cosponsors). Ron Paul is much smarter and wiser than you think he is. Under current economic conditions he has the chance to bring the Fed under scrutiny with HR 1207. Any other year it would die in committee as just another nutty piece of legislation, but not this year. Get Congress to look differently at the Fed and perhaps they will begin to warm up to HR 833. Ron Paul has a plan, let him carry it out.

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