Thursday, August 06, 2009

Update on HR 1207/S 604

Dear American,

John 3:20-21 (NKJV) says, “For everyone practicing evil hates the light and does not come to the light, lest his deeds should be exposed. But he who does the truth comes to the light, that his deeds may be clearly seen, that they have been done in God.

This is an update on H.R. 1207, The Federal Reserve Transparency Act. All 178 House Republicans have cosponsored this bill. About 100 House Democrats have also cosponsored it. Even though this almost enough to override a Presidential veto, the Democratic leadership in the House (Nancy Pelosi) and in the banking committee (of which Steve Driehaus is a member) are standing in the way of bringing it to a vote. 20 Senators have cosponsored S. 604, The Federal Reserve Sunshine Act (a bill which is identical to H.R. 1207).

When I wrote to Steve Driehaus about this, he sent back a message saying that he would not support it because he did not want to “politicize” this “independent” institution. (It’s funny that he uses the exact same words as everyone else who opposes this bill.) In reality, what he is saying is that the public does not have the right to know how our tax dollars (and money newly printed by the Federal Reserve) are being spent by a group of people who were not elected by the People. These private bankers (e.g. Goldman Sachs) stand to gain financially by the secret decisions that they are making with our money. There should not even be a Federal Reserve! (The sponsor of H.R. 1207 has written another bill, H.R. 833 which would completely abolish the Fed.) But Barack Obama is calling for even more authority to be given to the Fed to regulate financial transactions and lending.

The following videos are an eye-opener as to what is going on in this Congress concerning this issue.

Contact Steve Driehaus at and find your Senators at Tell them that we have a right to know!

Please pass this on!



1 comment:

  1. The only real financial crisis of the U.S.A. is hiding in the audit of “The Fed Scam”!

    This Is A Very Public Matter!

    Audit “The Fed Scam” bills HR 1207 must pass in The House and S 604 must pass in The Senate immediately! Any Representative or Senator that does not vote in favor of and support these bills or tries to “water-down” or stall these bills is clearly a Traitor and “Sold Out” the United States of America!

    “We the People” need to keep a real close eye on all our government “public servant” employees. We set up our government to serve U.S. and we no longer want any secrets about our money. Does our government think that we are now here to serve them? Are they out of their minds? We no longer want any misguided governmental arrogance directed at us! Some of our leaders today have acquired a very “twisted” view of their roles. Do they understand that The Constitution of the United States was written with a spirit of honor and integrity because our “Forefathers” were humble “public servants”? Do we now have those who can no longer handle the power we entrusted them? Why have they abused and taken advantage of us? Do they no longer think they are accountable to us and believe they can do whatever they please? Our “public servants” have developed a “spirit of insubordination” and have gotten way out of control! This has to stop right now! This is ridiculous! If they do not want to listen to and serve us wholeheartedly, we no longer need them! “We need to do a major house cleaning immediately! Enough is Enough!

    It’s time for “We the People” of the U. S. A. to get VERY ANGRY!


    We demand real transparency, with open books and plenty of civilian watchdog czars. Government czars are an insult to the intelligence of the American people! Many of are entrusted government employees are a total disgrace to U.S. They only care about their own best interests!