This is at the hearing on HR 1207 on 9/25/09, and is Rep. Grayson's opening statement.

With 290 co-sponsors, HR 1207 "represents a new model of bi-partisanship."

Rep. Alan Grayson on the Bipartisanship Effort to Audit the Federal Reserve

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Ron Paul wrote an article for http://www.tenthamendmentcenter.com/...-constitution/

Here is a short snip of it:

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We are not the product of our environment, we are the result of ourselves.

Transparency in monetary policy is a goal we should all support. I’ve often wondered why Congress so willingly has given up its prerogative over monetary policy.

Did Paul really say this? Is he kidding? Does he really believe that Congress should have direct involvement in money policy?

Those idiots can't even balance a budget. They'd destroy the country in short order if they got their mitts on the money tap.

Divorcing Congress from direct involvement in money policy was one of the smartest things Congress ever did.

I cannot believe any rational person would actual support this.

so now you are arguing for no regulation ?

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The most profound slavery must be that in which the slaves can conceive of no other possible or better world than their bondage.

No.

.............

so the politicians should have direct involvement ?

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The most profound slavery must be that in which the slaves can conceive of no other possible or better world than their bondage.

This is really, really, a great accomplishment by Ron Paul. Amazing in it's zeal and nativity. I can think of nothing that makes more sense than having an OBGYN pour through financial records and offering up his take on them. I liken it Ron Paul's other great accomplishment.

http://www.house.gov/paul/press/press2001/pr120401.htm

Washington, DC: Congress today passed legislation introduced by Congressman Ron Paul honoring the important contributions of the Hispanic Chamber of Commerce. HCR 277, which passed unanimously in the House of Representatives, recognizes the growing importance of the Hispanic business organization both in Texas and across the nation.

"The Hispanic Chamber of Commerce has a significant impact among Hispanic businesses," Paul's resolution states. "The Chamber serves a key role both as a business group and civic organization. It has helped to bring entrepreneurship to the Hispanic community, and also helped pool the resources and talents of Hispanic small businesses."
"The Chamber is important to the promotion of the free market process of the United States, to the future success of Hispanic Americans, and to society at large," the resolution continues. "Its special role should be recognized and further cultivated to the benefit of all Americans."

Congressman Paul was pleased by the support for his bill. "Hispanics in America are business owners and entrepreneurs, and their contribution to our free market system is enormous."

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I love America more than any other country in this world, and, exactly for this reason, I insist on the right to criticize her perpetually.

God and Country are an unbeatable team; they break all records for oppression and bloodshed.

Patriotism is the religion of hell.

Direct involvement in responsibility for the money supply? I don't think that would be a wise idea. Congress and the Presidency have proven they are not very responsible. Just look at the amount of debt they have run up you harp about.

Imagine what would happen if we gave them direct control of the money supply.

bankers without oversight are more trustworthy ?
Are they a different species of human ?

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The most profound slavery must be that in which the slaves can conceive of no other possible or better world than their bondage.

Nope. Though that have different incentives.