I’ve been pushing my representative Nydia Velazquez (D-NY 12th District) to support H.R. 1207: Federal Reserve Transparency Act of 2009 for several weeks now. I’ve made phone calls, tonight I wrote a letter. That letter is below:
Dear Rep. Velazquez,
I won’t bore you with a form letter. I am writing today to ask you co-sponsor HR 1207 to allow the G.A.O. to audit the Federal Reserve.
As a member of the financial services committee you are in a unique position to help further President Obama’s promise of transparency and vote in this bi-partisan issue. This bill has over 200 sponsors from both sides of the isle, and is now being considered by your committee for further action.
There is no logical reason why the Federal Reserve shouldn’t be audited by Congress. Your efforts in supporting this important legislation would go a long way in proving to your constituents that you not only hold the Federal Reserve to the same standard as you do your constituents, but it would also show that you believe in transparency. Anything less than support for this resolution suggests that you are in favor of secrecy and a lack of accountability to the people who pay the bills. We pay the tab; we have a right to know where our money is going.
If you are not going to support HR 1207, I would appreciate a letter from your office with the reasoning behind your decision, so that I may further understand all sides of this issue. At this point I see no logical reason why this shouldn’t be supported by all members of congress.
Thank you for your time and consideration in this very important matter. We have a historical opportunity to change this country for the better, and I hope we can make it happen.
-Concerned constituent in NYC
I encourage everyone to contact their members of congress and ask that hey support H.R. 1207. There are currently over 200 cosponsors as of today (June 9, 2009), both Democrats and Republicans.
Everyone should watch the episode of Frontline: Inside the Meltdown that aired Feb 17, 2009. It gives a great chronological of what lead up to our current economic crisis. What really gets me, is how there were certain people (think Ron Paul) saying that this event would happen back in 2007 or earlier, yet they are and were ridiculed for sounding the warnings about an imminent disaster. Hindsight may be 20/20 as the old saying goes, but it does not make any difference if you don’t learn from the experience.
We will continue to see the same problems over the next few years, only worse. As I write this, the DOW sits at 7495(!!!) and people continue to lose their jobs, homes, and savings. Yesterday our new President Obama has signed into law another bailout bill, and by the market’s reactions, it is probably not going to help. Many of the same people who’ve gotten us into this mess in the first place are still in positions of power in both government and private industry. The fools in the US Government continue to give $BILLIONS$ (In reality it’s now in the $$TRILLIONS$$) to their old pals in the private sector that caused this mess through greed and corruption. Now millions of American tax payers for generations to come will suffer the consequences, while these greedy bastards continue to live the good life.
There are many people who feel they have the solution to our problems. Truth is, nobody knows what the best fix will be, but I can tell you printing money and giving it away to the same people who fucked us in the first place, is not the solution. Harder times are on the horizon.
Please enjoy the episode of PBS’ Frontline: Inside the Meltdown. Encourage others to see and understand how this mess has happened, and continue to educate those close to you.
In Frederic Bastiat’s 1850 masterpiece, “The Law”, he poses the following question: “Since the natural tendencies of mankind are so bad that it is not safe to allow them liberty, how comes it to pass that the tendencies of organizers are always good?” (Bastiat 46). Over 150 years later in today’s climate of economic upheaval, public and private corruption, and widespread systemic ineptitudes, this question is all the more relevant. Considering such a question could easily leave one agreeing with Henry David Thoreau in the idea “that government is best which governs least” (Thoreau 343). At the very least, with a more hands-off approach, the damage done through meddling would be limited. Individuals who are in agreement with these statements may also find agreement with the foundations of libertarianism. Libertarianism is a philosophy which holds liberty as its highest value, and is founded upon the non-aggression axiom, individual responsibility, and absolute property rights.
I am posting this letter from Congressman Dr. Ron Paul because his message is more important now than ever. During the 2008 Republican primary race Dr. Paul was ridiculed and belittled for warning about exactly what is hapening in the economy today. The vast majority of people didn’t want to heed his warnings and advice, and as a result they lost a lot of money, and are now struggling to make ends meet. All the while they still do not understand why this all is happening. It is not the fault of free market capitalism, it is the result of greedy elite, broken monetary policy by the (Private) Federal Reserve Banks, and corrupt politicians on both sides of the isle. I hope you read this letter and decide to help Ron Paul in his continuing quest to restore America to greatness.
The late Robert Anton Wilson ( January 18, 1932 – January 11, 2007, age 72) was the author that woke me up at an early age to how the world really works. R.A.W.’s main thesis is that your perception of reality ultimately controls reality. While that is an oversimplification of his ideas, he’s one of those prolific writers that you really must spend some time understanding. I think that everyone can get something out of reading Robert Anton Wilson. As an introduction, I’ve decided to post a documentary film entitled: Maybe Logic. If you enjoy the film below, please consider purchasing it, or some of his books. Trust me, it’s worth it.
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With a little over a week left before this campaign season ends there is still little to no coverage for any of the third party candidates. As usual, one of the exceptions to the rule comes from the wonderful people over at CSPAN. In particular, their program Washington Journal has highlighted three of the candidates over the past week. Chuck Baldwin (Constitution), Cynthia Mckinney (Green), and Bob Barr (Libertarian) all received 30 minutes of airtime which consisted of an interview and a Q&A session with callers from across the nation.
I’m not very comforted when people in power with access to sensitive information make declarative statments about imminent dangers posed to me. I’m especially worried when a guarantee is made to me in regards to these dangers by someone who has a proven track record, for whatever reason, to have his pulse on “the real threat” which may come in “the belly of a plane.” Now, good ol’ Joe the Politician is making even more difinitive statements in regards to what our future has in store for us.
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