Tuesday, August 9, 2011

Leadership in Crisis: Ron Paul's Constitutional Monetary Reform Bills HR.1094, 1098 & 2768!

Balance the Budget & Abolish the Fed, that is...

Action Item to support Free Market Monetary Reform:

Dr. Ron Paul (R - TX) as Chair of the House Monetary Policy Subcommittee, and a leading presidential candidate, has introduced a package of bills aimed at restoring Constitutional Money and saving the United States from the Deficit Downgrade Dollar Debacle brought about by the Boehner/Reid Fed Debt Increase.

The third of the bills was introduced on Monday, August 1st, the same day the current White House occupant signed the Debt Increase law, the day before the Treasury borrowed (on 08.02) another $263 Billion (which may lead to August being the largest Treasury borrowing month ever, surpassing even February 2011).

With the Federal Reserve fiat "dollar" in free-fall against the value of Gold (8.8.11 - reaching up to 1,762 FRNs to the Oz Au overnight) and with the Dow collapsing 512 & 634 points in the biggest drops since December '08, the urgency of real Free Market Monetary Reform becomes all the more obvious. The Market knows the Boehner/Reid Fed Debt Increase is doomed to failure.

Americans ought to reject the Big Lie: namely, that the Tea Party is to "blame" for the S&P Downgrade! Patriots need to Push Back against this disinformation!

IMHO, the way to do that is for Patriots to get behind Dr. Paul's Free Market Monetary Reform bills with the same fervor we got behind the '07 End the Fed Rallys and the 2010 Kick-the-Bums-Out Election.

Patriots need to organize around an issue that can keep us together and in the news as the deception media ramps up the electioneering show, hoping to further marginalize the Tea Party and their natural allies, such as the Constitutionalists, Libertarians and so many others. We need to organize around an issue that positions us to "have the answer" as the hyperinflation escalates.

Free Market Monetary Reform is just the issue... and soon the fiat "dollar" is all anyone will want to discuss, since we will all be caught up in the whirlwind as we reap what the Fed Establishment has sewn...

Action Item to support Free Market Monetary Reform:

The Constitutional Monetary Reform Bills are:

HR 1098 which legalizes the setting of legal tender in private contracts; abolishes taxes on gold & silver coin trading.

H.R.1098 -- Free Competition in Currency Act of 2011

To repeal the legal tender laws, to prohibit taxation on certain coins and bullion, and to repeal superfluous sections related to coinage.


HR 1094 which abolishes the Fed Reserve board of governors and puts it in receivership preparatory to abolition.

H.R.1094 -- Federal Reserve Board Abolition Act

To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.



Rep. Ron Paul on Monday introduced legislation that would lower the federal government's debt by canceling the roughly $1.6 trillion in debt held by the Federal Reserve.

Paul has argued for the last few weeks that the idea represents a quick way to make the growing fiscal crisis more manageable. Under his bill, H.R. 2768, the $1.6 trillion that the Treasury owes to the Federal Reserve would disappear.

Continued here: http://thehill.com/blogs/floor-action/house/174953-rep-paul-...

The approach that Dr. Paul proposes is a continuation of his overall program to "Legalize Freedom..." as he says.

Please support these bills! Urge your congressional reps to become co-sponsors, like over 300 did with Dr. Paul's Audit the Fed bill in '09.

Here is a short video interview I did with Dr. Paul May 2011 on the issue of Pushing Back to Legalize Freedom:


The good folks at DownsizeDC have an action item to support Dr. Paul's monetary bills (this action item is about HR.1098, but you can add comments about HR.1094 and 2768 to it):

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