HR 1207 Federal Reserve Transparency Act: Momentum Builds For Ron Paul's "Fed Transparency" Act
But after years of talking this craziness nonstop -- and joining the mainstream spotlight recently when he ran for President -- a funny thing has happened:
Ron Paul's crazy ideas don't seem so crazy anymore.
This was evidenced earlier this week when some fools up in Washington served the Federal Reserve (the Fed) with a wicked subpoena, asking that the Federal Reserve turn over documents related to Bank of America’s acquisition of Merrill Lynch, one of the more recent economic travesties harped on by the news media, aka "the big banking bailout of 2009." Now it's not just paranoid conspiracy nuts screaming to "end the Fed!" Now average Joe "Baloney Sandwich" America is up in there right beside the nutjobs, adding his strong, baloney-breath battle cry: "Audit the Fed, man!"
Ron Paul is the sponsor of the Federal Reserve Transparency act of 2009, which demands a GAO audit of the Fed, and a full report to Congress sometime next year. And it's gaining steam. It already has 175 co-sponsors in the House, and now a major Democrat, Rep. Alan Grayson (ironically, the same one who's proposing that stupid France vacation bill we mentioned this morning has joined on, and is urging his party colleagues to join them.
Zero Hedge has a copy of the letter he's sent out, and you can sign the petition here.
HR 1207 Federal Reserve Transparency Act
over 200 current co-sponsors
Here is the current list of co-sponsors for H.R. 1207 - Press CTRL+F or click on Edit/Find in your browser menu, then type in your state's two-letter abbreviation, in CAPITAL LETTERS. Check the search box option that says "match case," and hit Enter or click on Next Result. Keep looking down the following list and see if your stat'e congressional representatives are listed. If your congressional representative is not listed, visit www.house.gov to get your rep's contact information and call, write and e-mail them and urge their support of this important legislation.
Rep. Jeff Miller [R-FL1]
Rep. Lynn Westmoreland [R-GA3]
Rep. Shelley Capito [R-WV2]
Rep. John Mica [R-FL7]
Rep. Roy Blunt [R-MO7]
Rep. Robert Aderholt [R-AL4]
Rep. Dean Heller [R-NV2]
Rep. Peter King [R-NY3]
Rep. Peter Sessions [R-TX32]
Rep. Bill Posey [R-FL15]
Rep. Cathy McMorris Rodgers [R-WA5]
Rep. Frederick Upton [R-MI6]
Rep. Paul Broun [R-GA10]
Rep. Nathan Deal [R-GA9]
Rep. Mark Schauer [D-MI7]
Rep. Lamar Smith [R-TX21]
Rep. Rodney Frelinghuysen [R-NJ11]
Rep. Judy Biggert [R-IL13]
Rep. Glenn Thompson [R-PA5]
Rep. Jeff Flake [R-AZ6]
Rep. Michael Simpson [R-ID2]
Rep. Tom Price [R-GA6]
Rep. Raul Grijalva [D-AZ7]
Rep. Walter Jones [R-NC3]
Rep. John Culberson [R-TX7]
Rep. George Radanovich [R-CA19]
Rep. Tim Holden [D-PA17]
Rep. Dave Reichert [R-WA8]
Rep. John Linder [R-GA7]
Rep. James Forbes [R-VA4]
Rep. Greg Walden [R-OR2]
Rep. Christopher Carney [D-PA10]
Rep. Solomon Ortiz [D-TX27]
Rep. Jason Chaffetz [R-UT3]
Rep. Brett Guthrie [R-KY2]
Rep. Pete Olson [R-TX22]
Rep. John Gingrey [R-GA11]
Rep. Michael Rogers [R-MI8]
Rep. Kevin McCarthy [R-CA22]
Rep. Randy Neugebauer [R-TX19]
Rep. Edward Royce [R-CA40]
Rep. Geoff Davis [R-KY4]
Rep. Stephanie Herseth Sandlin [D-SD]
Rep. Robert Goodlatte [R-VA6]
Rep. Mary Fallin [R-OK5]
Rep. John Fleming [R-LA4]
Rep. Ileana Ros-Lehtinen [R-FL18]
Rep. Adam Smith [D-WA9]
Rep. Candice Miller [R-MI10]
Rep. Clifford Stearns [R-FL6]
Rep. Ralph Hall [R-TX4]
Rep. Robert Latta [R-OH5]
Rep. Tom Cole [R-OK4]
Rep. Adrian Smith [R-NE3]
Rep. Walter Herger [R-CA2]
Rep. Daniel Lipinski [D-IL3]
Rep. Joe Barton [R-TX6]
Rep. John Duncan [R-TN2]
Rep. Henry Brown [R-SC1]
Rep. Thaddeus McCotter [R-MI11]
Rep. Bill Cassidy [R-LA6]
Rep. John Boozman [R-AR3]
Rep. Jason Altmire [D-PA4]
Rep. Patrick Tiberi [R-OH12]
Rep. Michael Michaud [D-ME2]
Rep. William Shuster [R-PA9]
Rep. Leonard Lance [R-NJ7]
Rep. Michael Burgess [R-TX26]
Rep. Thomas Rooney [R-FL16]
Rep. Timothy Walz [D-MN1]
Rep. John McHugh [R-NY23]
Rep. James Sensenbrenner [R-WI5]
Rep. Rob Bishop [R-UT1]
Rep. Ted Poe [R-TX2]
Rep. Addison Wilson [R-SC2]
Rep. Gus Bilirakis [R-FL9]
Rep. Todd Tiahrt [R-KS4]
Rep. Sue Myrick [R-NC9]
Rep. Tim Murphy [R-PA18]
Rep. Dan Burton [R-IN5]
Rep. Steve Scalise [R-LA1]
Rep. Tom McClintock [R-CA4]
Rep. James McDermott [D-WA7]
Rep. John Shimkus [R-IL19]
Rep. Jim Jordan [R-OH4]
Rep. Collin Peterson [D-MN7]
Rep. Spencer Bachus [R-AL6]
Rep. Steven LaTourette [R-OH14]
Rep. John Kline [R-MN2]
Rep. Ander Crenshaw [R-FL4]
Rep. Fortney Stark [D-CA13]
Rep. Jeffrey Fortenberry [R-NE1]
Rep. Samuel Johnson [R-TX3]
Rep. Charles Dent [R-PA15]
Rep. Rodney Alexander [R-LA5]
Rep. John Carter [R-TX31]
Rep. Roscoe Bartlett [R-MD6]
Rep. Jim Gerlach [R-PA6]
Rep. Paul Tonko [D-NY21]
Rep. Jo Bonner [R-AL1]
Rep. Erik Paulsen [R-MN3]
Rep. Harry Mitchell [D-AZ5]
Rep. Walter Minnick [D-ID1]
Rep. Dennis Rehberg [R-MT]
Rep. Virginia Brown-Waite [R-FL5]
Rep. Daniel Maffei [D-NY25]
Rep. Alan Grayson [D-FL8]
Rep. Henry Johnson [D-GA4]
Rep. Ken Calvert [R-CA44]
Rep. Dana Rohrabacher [R-CA46]
Rep. Gregg Harper [R-MS3]
Rep. Neil Abercrombie [D-HI1]
Rep. Mary Bono Mack [R-CA45]
Rep. Samuel Graves [R-MO6]
Rep. Gene Taylor [D-MS4]
Rep. Michele Bachmann [R-MN6]
Rep. Lynn Woolsey [D-CA6]
Rep. Michael Castle [R-DE]
Rep. Brian Bilbray [R-CA50]
Rep. Travis Childers [D-MS1]
Rep. Michael Conaway [R-TX11]
Rep. Tammy Baldwin [D-WI2]
Rep. Steve Kagen [D-WI8]
Rep. Phil Hare [D-IL17]
Rep. Lee Terry [R-NE2]
Rep. Bill Young [R-FL10]
Rep. Joseph Pitts [R-PA16]
Rep. Maurice Hinchey [D-NY22]
Rep. Robert Berry [D-AR1]
Rep. Jeb Hensarling [R-TX5]
Rep. John Shadegg [R-AZ3]
Rep. William Thornberry [R-TX13]
Rep. Michael Turner [R-OH3]
Rep. Aaron Schock [R-IL18]
Rep. Lloyd Doggett [D-TX25]
Rep. Janice Schakowsky [D-IL9]
Rep. Thomas Latham [R-IA4]
Rep. Cynthia Lummis [R-WY]
Rep. Peter Welch [D-VT]
Rep. Marcy Kaptur [D-OH9]
Rep. Virginia Foxx [R-NC5]
Rep. Stephen Buyer [R-IN4]
Rep. John Barrow [D-GA12]
Rep. Frank Kratovil [D-MD1]
Rep. Jerry Moran [R-KS1]
Rep. Adam Putnam [R-FL12]
Rep. Patrick Mchenry [R-NC10]
Rep. Timothy Johnson [R-IL15]
Rep. Frank Lucas [R-OK3]
Rep. Zach Wamp [R-TN3]
Rep. Jay Inslee [D-WA1]
Rep. Steve Austria [R-OH7]
Rep. Vern Buchanan [R-FL13]
Rep. Doc Hastings [R-WA4]
Rep. Frank LoBiondo [R-NJ2]
Rep. Todd Akin [R-MO2]
Rep. Daniel Lungren [R-CA3]
Rep. Jack Kingston [R-GA1]
Rep. Donald Young [R-AK]
Rep. Bob Inglis [R-SC4]
Rep. Thomas Perriello [D-VA5]
Rep. Scott Garrett [R-NJ5]
Rep. David Roe [R-TN1]
Rep. Thomas Petri [R-WI6]
Rep. Vernon Ehlers [R-MI3]
Rep. John Adler [D-NJ3]
Rep. James Barrett [R-SC3]
Rep. Marsha Blackburn [R-TN7]
Rep. Edward Pastor [D-AZ4]
Rep. Mike Pence [R-IN6]
Rep. Louis Gohmert [R-TX1]
Rep. Leonard Boswell [D-IA3]
Rep. Paul Ryan [R-WI1]
Rep. Eric Massa [D-NY29]
Rep. Peter Hoekstra [R-MI2]
Rep. Edward Whitfield [R-KY1]
Rep. Kevin Brady [R-TX8]
Rep. Carol Shea-Porter [D-NH1]
Rep. Charles Boustany [R-LA7]
Rep. Shelley Berkley [D-NV1]
Rep. Michael McCaul [R-TX10]
Rep. Trent Franks [R-AZ2]
Rep. Mike Ross [D-AR4]
Rep. Duncan Hunter [R-CA52]
Rep. Todd Platts [R-PA19]
Rep. Kay Granger [R-TX12]
Rep. Michael Rogers [R-AL3]
Rep. John Campbell [R-CA48]
Rep. Peter DeFazio [D-OR4]
Rep. Doug Lamborn [R-CO5]
Rep. Connie Mack [R-FL14]
Rep. William Pascrell [D-NJ8]
Rep. Peter Roskam [R-IL6]
Rep. Deborah Halvorson [D-IL11]
Rep. Rob Wittman [R-VA1]
Rep. Donald Manzullo [R-IL16]
Rep. Blaine Luetkemeyer [R-MO9]
Rep. Patrick Murphy [D-PA8]
Rep. Kenny Marchant [R-TX24]
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