Business News: Ron Paul’s “End the Fed” Movement Gaining Steam
The growing interest in the book soon to be released by Ron Paul named “End the Fed” is unprecedented in monetary history, and reveals the extraordinary times we live in where a chance to change the monetary policy in the United States in a way that cold benefit all of us.
What’s unique at this time is the near collapse of the banking system generated the desire and interest from people in how that could happen; that created the opportunity from those like Ron Paul who had spent their lives studying and fighting against what the Federal Reserve practices and represents.
Now what’s extraordinary about this is the Fed has enjoyed – for the most part – operating behind the scenes and in obscurity with almost no one having the name in their minds or talking about it. So when people talked about the folly and danger represented by the Federal Reserve, it fell on deaf ears, as it simply didn’t compute as to what it was and why we as American citizens should care.
That has probably changed forever now, as the practices of the Fed are starting to be grasped and understood by a growing number of people, and they can’t simply just slither back under their rock, even though they’re trying to do that at this moment by fighting off audits and other means of finding out what’s under their operational hood. They prefer to go back to the days where everyone forgets about who they are and what they do, so they can continue to go about their usual business.
So what’s happening now is the Federal Reserve is under intense scrutiny, and while the intensity will probably ebb and flow through the years, never again will be able to work entirely behind a closed curtain, and if Ron Paul and others have their way, will eventually be led to shutting down and never again be allowed to initiate its failed policies which lead us to an endless series of boom-and-bust periods from which we always have to struggle through.
So how immense are the times we’re living in in relationship to the Federal Reserve? If you’ve followed or researched the Federal Reserve and books having been written about them over the last 90 years, you’ll see that quite a few have said similar things as we’re hearing at this time, but now with Ron Paul we have a representative that actually knows what he’s talking about and has prepared his entire life for a time like this.
The result are over 280 lawmakers signing on to his H.R. 1207 bill to allow the auditing of the Federal Reserve, an unprecedented accomplishment in the history of the Fed.
Nobody could have ever predicted this type of thing would happen where a politician could write a book saying the Federal Reserve should be abolished and have it achieve what will most likely be ‘best seller’ status. End the Fed from Ron Paul is poised to do just that.




Cheers Ron Paul.. Praying that these bills will pass in the house and senate at some point..
Sounds like the people still don't like thieves–especially when it's the people's money being stolen.
This is wonderful. Questioning the Fed is something, maybe the only thing, that liberals and conservatives agree about. I, of course, believe that in a democracy, the People should control the money through a central bank. Right now we're being ruled by kings. Go Ron Paul!
Greenspan started this downfall when he allowed deregulation and unfettered trading in derivatives that led to the oil prices spiking to unprecedented heights…amongst other financial debacles which remain murky and unaccountable in a country which is supposed to be democratic and transparent to be judged by the people. Where can you trade the volume of countless million times over the actual daily production of a commodity and have no one raise an eyebrow that is is excessive and will lead to the tail wagging the dog in commodities prices? Take crude for instance…and having the world's most prominent financial ministers blaming it on lack of production (Alistair Darling claims at the G8 meeting last year) instead of rampant speculation by the same people who should be responsible for the current collapse
Campaignforliberty.org ,
Austrian economics,
Bring power back to the Republic by having a representative Congress.
Executive branch of Gov't has had way too much power, it's the peoples gov't not a Presidents.
Go Ron Paul!
Bring back John F Kennedy`s silver certificate note!
http://www.youtube.com/watch?v=e3zo7zjYk2E
I strongly believe we need a federal reserve audit. The recent stock market action suggests to me the federal reserve is intervening in a free and open market. I believe the biggest beneficiary of this TRILLION DOLLAR stock market move in a couple of weeks was Goldman Sachs. Goldman Sachs sells derivatives in our equity markets its apparent that Goldman Sachs Has Total Control Over our stock market using the unlimited capital available from the federal reserve. I believe Goldman Sachs doesn't have the best interest of our markets. They are misusing the federal reserve to manipulate the stock market and making huge 100 BILLION DOLLAR profits THIS IS ILLEGAL people expect our government to obey the laws just like citizen. Also this manipulation without regards for cost continues to put our government and the people more and more in debt
JUST THE FACT GOLDMAN SACHS HAS HAD SUCH IMPOSSIBLE SUCCESS AT TRADING IS ALL THE PROOF OUR GOVERNMENT NEEDS TO KNOW TO PROVE MANIPULATION!!!!!!
AUDIT THE FEDERAL RESERVE
http://www.auditthefed.com/
Imagine controlling the Federal Reserve portfolio of commodities and equities. TO DO WITH AS YOU PLEASE!!!!!!!
the writer is wrong. he says ron paul has been studying this all his life, but the guy was a doctor for most of his adult life. Other than he likes Ron Paul, it's almost impossible to understand his point. Too bad the author can't write properly in English. Must be because he's one of those semi-illiterate libertarians. Hope Ron Paul makes more sense.
Fred,
Ron's been studying it since at least the 60s, so most of his adult life. You can be a doctor and study economics and politics as well. There's no limit on the knowledge that one can acquire.
Libertarians are usually far and away pretty darned intelligent, as they see things for what they really are in this country.
The U.S. federal government will not balance the budget therefore The Federal Reserve® has to increase the money supply which always eventually leads to inflation. Inflation has been with us in some form since the The Federal Reserve® was created.
PS If you don't want to audit the FED can I have your checkbook?
You still don't get it, do you? The whole point of abolishing the Fed is to NOT HAVE a central bank or any monetary policy.
As for “the people” controlling the money supply, that is another recipe for disaster. There should be no money monopoly at all.
” when he allowed deregulation and unfettered trading in derivatives”
NO.
The problem is the inflation of the currency, not the ways that people invented to leverage it up. Greenspan's failure was that he kept the interest rates below the rate of inflation for decades, and flooded the economy with credit. This cheap credit resulted in all kinds of misallocations of resources into unsustainable ventures, which we now have to liquidate.
-jcr
Oh, dear. Yes, the Fed should have more transparency. But the “endless series of boom-and-bust periods” remark displays a profound ignorance of economic history. Booms and (devastating) busts were far more common in the days before central banks.
Watch this video, then re-think about who among us is profoundly ignorant -
http://mises.org/multimedia/video/Woods_04-03-2...
As Tom demonstrates, it's not simply central banks that cause booms and busts, but fractional reserve banking. The Fed happens to be both a central and fractional reserve bank. All fractional reserve banks, including the Fed, are fraudulent and should be outlawed.
@ marksf, do you care to attempt to document your assertion? You've claimed some displaid a “profound ignorance of economic history” Please document the booms and devastating busts you're discussing. When you realize you can't please do have the courtesy to admit that you're wrong.
The top 4 biggest boom and bust cycles have all occured under a central bank system. One under the Bank of America circa early 1800s, 3 under the Fed.
amen Dowling… I want my country back. I want my freedom back…
It's interesting how the author can write in such pleasant terms about a gang of blood-thirsty, ultra-rich, conniving, greedy counterfeiters who have blatantly ripped off Americans for almost a hundred years to the tune of trillions of dollars.
The entire media establishment ought to be ashamed of themselves. Hurry…the pitch-fork gangs are a-coming!
THE SHEEPLE NEED TO WAKE UP stop there crap and learn something
http://www.drtenpenny.com about vaccinations
http://www.infowars.com about bilderburg group and bohemian grove and the one world government and new world order
youtube peter shiff gerald celente ron paul jim rogers marc farber max keiser
http://www.goodnewsaboutgod.com dr day an american doctor against the NEW WORLD ORDER
wake up
end the fed
stand for freedom
http://www.henrymakow.com YOU WANT TO KNOW WHATS WRONG WITH FAMILIES AND MARRIAGES AND THE ECONOMY
read DR MAKOW
you can get ten teen girls to have a orgy with her hot boyfriend? but you cant find a woman
that wants a constitutional christian patriot man that wants to grow her own food look after her husband and children and survive when america collapses what will all the teenagers do when they cant go to the mall
and talk on their dam cell phones
its the collapse of RUSSIA all over again and american kids are spoiled rotten and have never had to suffer a dam thing
wake up America is broke
“The people” SHOULD control the money supply. How much gold (silver or other specie) would you like to go mine – ha ha. Honest currency can't just be printed. There is an extremely long history of failed fiat currencies going back to mulberry bark in China (and probably before).
Mises and Rothbard explain that there is no magic amount of currency necessary for a functioning economy. This is a very important idea (do some research on http://www.mises.org for some more information).
It is very interesting that the charter of the FED is to control inflation and the business cycle – while their primary mechanism of control is monetary INFLATION which causes the BUSINESS CYCLE.
Thank you so much for this review/article. The founding fathers would be proud.
I am so encouraged to see this happening. Ron Paul is THE MAN!
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs”. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
http://video.google.com/videoplay?docid=6076118...
It's time for a real change….it's time to get involved in barter as this will be the only method of surviving the economic crisis that will hit this fall when commerical real estate collapses along with the US dollar….We can all help one another. The U.S. government no longer represents us and we need to face that reality.
<Insert name of whatever political party I support> are usually far and away pretty darned intelligent, as they see things for what they really are in this country.
<Insert name of whatever political party I support> are usually far and away pretty darned intelligent, as they see things for what they really are in this country.