Liberty MavenRon Paul’s HR1207 is Unstoppable! 207 Cosponsors now
June 9th, 2009 8:12 pm | by Marc Gallagher | Published in Activism, Big Government, Commentary, Federal Reserve, Liberty, Politics, Ron Paul, campaign for liberty | 3 Responses
According to Matt Hawes at the Campaign For Liberty Ron Paul’s HR1207 to audit the Federal Reserve now has 207 cosponsors, including House Minority leader John Boehner!
One has to believe at this point that HR1207, in some form, will be passed by the House of Representatives. This is one bipartisan regulatory bill we can fully get behind.
I have serious reservations about the efficacy of HR1207, but as I’ve stated in the past it is a good start down the road of transparency that we truly need. We can only hope that such transparency, if passed, forces the Federal Reserve into a position of making very careful choices about how it conducts its business.
From Matt Hawes at the Campaign For Liberty:
Earlier in the day, we reported that HR 1207 is now up to 200 cosponsors.
I’d like to correct that… by changing it to 207!!!
Rep. David Dreier (R-CA)
Rep. Steve King (R-IA)
Rep. John Boehner (R-OH)**
Rep. Ed Perlmutter (D-CO)*
Rep. Chris Lee (R-NY)*
Rep. Mike McIntyre (D-NC)
Rep. Jim McGovern (D-MA)* House Financial Services Committee Member
** Minority Leader, House of Representatives (Yes, you read that right!)
This means that just 10 more cosponsors are needed to attain a House majority. Our tracking page should be updated as soon as thomas.loc.gov updates the official count.
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June 10th, 2009 at 4:03 pm (#)
If the constitution says, "Congress shall have power to coin money and regulate the value thereof" How do you amend that without an amendment? And the Supreme court in 1935 said, "Congress cannot abdicate it's duty and delegate to another group" and the legal term,
Stare Decisisi is applied. Vanishing cream to the Fed.
June 10th, 2009 at 5:19 pm (#)
The Federal Reserve Hiring A Lobbyist To Combat HR1207
http://www.bloomberg.com/apps/news?pid=20601103&a...
"June 5 (Bloomberg) — The Federal Reserve intends to hire a veteran lobbyist as it seeks to counter skepticism in Congress about the central bank’s growing power over the U.S. financial system, people familiar with the matter said. "
The article states they are considering Linda Robertson of Enron Lobbying Fame. She begins in July – Watch for waning support to begin when it becomes "Lucrative" to our "Representatives".
June 11th, 2009 at 7:37 pm (#)
Anyone reading this, if you think it is a good idea, please call any congressman that is NOT on this list. Democrat, republican, ind., it doesn't matter. Call the office in D.C. then call their local offices. Get busy folks. At this point they will have a very hard time saying no. In fact, my congressman agreed to send me a letter stating his position on this, try to get yours to do the same, especially if they won't agree to it.
Try something like this:
Hi, I am a constituent and noticed that you, my congressman (or woman) has not yet signed on to co-sponsor H.R. 1207. H.R. 1207 is a bill to bring a little transparency to the federal reserve. With the latest crisis on Wall Street, I think we can all agree that transparency is a good thing, yes? The bill is very short. Just a few paragraphs. Other congressmen in this state (if you can say that) have already jumped on the bandwagon. Won't you please ask the congressman to join them?
I would appreciate a short note explaining the congressman's position on this. My address is ….
It worked in my state. The next day my congressman joined the group of co-sponsors. But, I got the impression that if I hadn't made the call, his office never would have heard of this. He was willing to be a co-sponsor, but his office had never heard of the bill.
So, come on folks. Get busy. Let those folks out there know that you want them to support this bill. If you get resistance, try shaming them into it.
Something like:
Look, this is just a bill to AUDIT the fed, not to control it in any way. Surely you are not saying that we are all better off not knowing what the fed is doing with our money? You can't be suggesting that hiding your head in the sand is better? All this bill does is to allow us to know what the fed is up to. How can you run this country if you don't know what is going on with our money?
Good luck.