Rep. Hodes:
I am writing to request that you join 271 other Representatives in sponsoring H.R. 1207, the Federal Reserve Transparency Act of 2009.
The Federal Reserve, since its inception in 1913, has caused massive devaluation of the dollar and the biggest financial crises this country has ever seen, including the Great Depression. Over the past century, many influential economists, such as Ludwig von Mises, Friedrich August von Hayek, and Murray Rothbard, have noted that central banks have the power to destabilize an economy through their manipulation of the money supply.
An audit of the Federal Reserve will likely highlight the enormous increase in the supply of money that has occurred during this current financial meltdown. The Fed has sent this money, often without congressional approval, to private companies for their own profit. The "independence" of the Fed threatens our Republic, our economy, and the quality of life for every American.
Sincerely,
Tyler Stearns
Monday, July 20, 2009
Letter to Paul Hodes
It is not often that I write my congresscritter. It is a futile exercise that ultimately only serves to add legitimacy to their actions. We still have the "right" to voice our opinions to our representatives in government. They can claim they weighed the thoughts of the people and that they decided accordingly. A load of hullabaloo if you ask me, but I think ending the Federal Reserve (well, in this specific instance, auditing it) is one of the most important issues of our time. The evil that is this organizatin cannot be overstated. So, to further the end of auditing the Fed, I sent the following letter to the "Honorable" Paul Hodes:
Labels:
Austrian Economics,
Ben Bernanke,
Federal Reserve,
Government,
Hodes,
Ron Paul
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