Sunday, January 15, 2012

What is "full disclosure"?

Ron Paul has advocated for a full and complete audit of the Federal Reserve (a private banking cartel authorized by Congress to set the price and availability of money).  Ron Paul's H.R. 459 is his latest attempt to allow the Government Accountability Office to do a full and complete audit.

In the spirit of fighting against transparency while pretending to be transparent, the Federal Reserve Bank of New York president, William C. Dudley, had a letter published in Wall Street Journal in which he blatantly lies:
The swaps, which have been used as a policy tool dating back to 1962, are fully disclosed to the public and their usage updated weekly on the Federal Reserve's website.
Full disclosure would include all of the details - which bank, what currenty, the date, the interest rate, and the term of the loan ("swap).
This is the website to which he refers. The website provides weekly summaries, not the details: "Operations during week ..."  This is not full disclosure.

Friday, January 13, 2012

Duplicating Work, Wasting Funds

Ron Paul has long argued that much of what the federal government does is not authorized by the constitution.  States have their own department of education to guide and regulate local school districts in each state.

Why do we spend $40 billion to fund a federal department of education?  Why not send that funding directly to the states?

War Propaganda vs. CIA Analyst Endorsement

War propaganda:
<iframe width="560" height="315" src="https://www.youtube.com/embed/8KiRAMvAlpQ" frameborder="0" allowfullscreen></iframe>

Michael Scheuer, the CIA's former Middle East analyst, endorses Ron Paul:
<iframe width="560" height="315" src="https://www.youtube.com/embed/CnH0dxdiRzc" frameborder="0" allowfullscreen></iframe>

Saturday, December 31, 2011

CATA Study On Federal Reserve

The CATO think-tank released a study of the the Federal Reserve.  Has The Fed Been A Failure?

CATA concludes there is a need for competition in the field of central banking, "We conclude that the need for a systematic exploration of alternatives to the established monetary system is as pressing today as it was a century ago."

Friday, December 30, 2011

Michael Scheuer

Michael Scheuer is the former head of the Bin Laden unit for the CIA. He was with the CIA for 22 years.  Michael discusses the choice of Republican candidates for President.

Senator John McCain was reading Washington’s clear warnings about the dangers of foreign intervention and the fatal impact of mindlessly favoring one country over another. To hear this from McCain’s interventionist, war-mongering, and Israel-is-always-right mouth was sound evidence of his hypocrisy and deceitfulness, as well as his and his senatorial colleagues’ ignorance of Washington’s ideas, and U.S. history in general.