12 chapters across the catalog
The hosts briefly mention the passage of House Resolution 24 to audit the Federal Reserve before signing off. They confirm their upcoming travel to San Francisco for a weekend meeting. The show concludes with the hosts identifying their locations in FEMA Regions 6 and 9 and promoting the "value for value" model for their next broadcast.
Ben Bernanke, Auditing the Fed and Monetary Policy Independence
Federal Reserve Chairman Ben Bernanke addresses the "Audit the Fed" movement during a C-SPAN appearance. He argues that the Fed's financials are already thoroughly audited by private firms and the GAO. He claims the proposed legislation is a "misnomer" intended to allow Congress to interfere with independent monetary policy decisions, which he believes would harm the economy.
Ron Paul and Ben Bernanke, Private Power Breakfast
Representative Ron Paul and Federal Reserve Chairman Ben Bernanke held a private, off-the-record breakfast meeting. While details were not disclosed, the hosts speculate that the meeting involved high-level discussions regarding the Fed's operations and Paul's long-standing efforts to audit the institution. The meeting is characterized as a significant encounter between two ideological opposites in American finance.
Representative Ron Paul argued that the Federal Reserve operates as a "government unto itself" with more political clout than Congress. Paul highlighted secret emergency loans made by the Fed to the Arab Banking Corp and criticized the lack of accountability for the $3.3 trillion spent on bailouts. He urged the public to "intellectually blame" the Fed for economic instability to force eventual reform.
Death of Investigative Reporter Mark Pittman
Bloomberg reporter Mark Pittman, known for suing the Federal Reserve to uncover details about the $2 trillion bailout, died at age 52. The hosts express suspicion regarding the timing of his death, noting his role in gaining traction for the movement to audit the Federal Reserve.
Audit the Fed Bill and Ben Bernanke's Opposition
Federal Reserve Chairman Ben Bernanke warned that Ron Paul's "Audit the Fed" bill could impair economic stability. The hosts argue that transparency would reveal a "sham" financial system and that elites are using the current crisis to accumulate real assets like land.
Reports suggest China is purchasing 10,000 tons of gold to back a new financial system and is carefully testing the bars for purity. Allegations have surfaced that gold sold by the Federal Reserve over the last decade may actually be gold-plated tungsten, which shares a similar weight to real gold. This story is used to bolster the argument for a full audit of the Federal Reserve's vaults, which have not been publicly verified in decades.
Congressional Committee Process and Audit the Fed Bill
The Federal Reserve continues to refuse to disclose the recipients of two trillion dollars in emergency funding despite ongoing lawsuits. Efforts to pass an Audit the Fed bill face significant bureaucratic hurdles, as the legislation must pass through committees dominated by the majority party before reaching the House floor for a vote.
Congressman Ron Paul's bill to audit the Federal Reserve has reached 209 co-sponsors, nearing the threshold required for further legislative action. While the bill gains momentum in the House, there is skepticism regarding its chances of passing in the Senate.
Audit the Fed Bill, Alan Grayson, Inspector General
Ron Paul's "Audit the Fed" bill (HR 1207) has gained 148 co-sponsors, moving closer to the 218 required for a vote. A viral clip features Congressman Alan Grayson questioning Federal Reserve Inspector General Elizabeth Coleman about $9 trillion in off-balance sheet obligations. Coleman's inability to explain where the money went or who received it highlights a lack of transparency within the central bank.
Congressman Ron Paul's House resolution to audit the Federal Reserve has gained 120 co-sponsors, nearing the 218 required for a majority. The hosts discuss the likelihood of the bill passing and the potential for the Federal Reserve to obstruct the process through legal delays. They compare the situation to historical corporate litigation tactics used by companies like Intel to avoid transparency.
Federal Reserve Ownership and Ron Paul Audit
A listener letter prompts a discussion on the secret ownership of the Federal Reserve and the historical efforts of presidents like JFK and Andrew Jackson to return the bank to the people. The hosts support Congressman Ron Paul's "Audit the Fed" bill (HR 1207) as a necessary step toward transparency.
