RonPaul.com
August 28, 2009
in Breif:
Missing Sentence in Transcript Causes Premature HR 1207 Victory Celebration
Several blogs and forums reported during the past 24 hours that Chairman of the House Financial Services Committee, Barney Frank, said that Ron Paul’s bill to audit the Federal Reserve, HR 1207, will pass in October.
The source of the rumor seems to be the following video.
A sloppy and incomplete transcript, which appears to have originated at the Washington Times, is making the rounds.
Washington Times: Barney Frank says Ron Paul bill will pass
http://www.washtimes.com/weblogs/back-story/2009/aug/28/barney-frank-says-ron-paul-bill-will-pass/?feat=home_blogs
It has become fashionable for the political elite to try to distort Ron Paul’s statements for political gain or even put entirely new words into his mouth. Just the other day, Treasury Secretary Tim Geithner said, “Even [Ron Paul] recognizes how important it is to us to have the Fed independent of politics.”
Now Barney Frank claims that “[Ron Paul] agrees that we don’t want to have the audit appear as if it influences monetary policy as that would be inflationary.”
Ron Paul never said that an audit of the Federal Reserve would be inflationary. In fact, he has credibly demonstrated the exact opposite: that the secretive Federal Reserve itself is responsible for inflation, with the dollar having lost 96% of its value since the Fed’s creation in 1913.
Here is what Ron Paul actually said about HR 1207, the bill to audit the Federal Reserve, and why only a real audit will protect the public’s interest.
Key point:
75% Want A Real Audit
We need to keep up the pressure to make sure that HR 1207 itself is put up for vote. 75% of the American people want a real audit of the Federal Reserve, not a pretend investigation that goes to great pains not to ruffle any feathers, claiming that too close a look at what the Wizard is doing behind the curtain would be “inflationary” (Frank) and “problematic for the country” (Geithner).
Full story: http://www.ronpaul.com/2009-08-28/barney-frank-didnt-say-that-hr-1207-will-pass-in-october/
Fluff.......
Its now started the Misinformation at high levels Barney Frank is now joining in on from Treasury Secretary Timothy Geithner discussion posted here on the 26th..
Why is it they need to misinform the public??
Its more likely that disinformation is aimed to relinquish the need to know the truth, but it only makes us more determined to seek the truth, this kind of old political style is begging not to work in the modern era!! the computer age help us the public not to miss a trick!!
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