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I just sent this letter to Senator Nelson. I called him too.

There is a vote in the Senate tomorrow to re-confirmed Ben Bernanke as head of the Federal Reserve.

Until S. 604, the Audit the Fed Bill, is given an up or down vote on the Senate floor, Senator Nelson should vote against his confirmation.

I called your office, and the person who answered the phone said Nelson already supports a different "audit the fed" bill. Last time I checked, he was the only co-sponsor.

Nebraskans' are not stupid. Supporting this bill (a bill that has no chance) simply allows him to tell people he supports an audit of the Federal Reserve, even though he has no desire for a real audit. Politics as usual - seems to be a trend with Senator Nelson.

The fact is, the Federal Reserve can buy anything from anyone, using money they create to pay for it, and NOBODY - not even Congress - knows who that money is going to or what it is buying. Currency is the foundation of any economy. Destroy its value and you destroy the wealth and prosperity of the country.

For every dollar that the Federal Reserve creates, the purchasing power of MY savings and retirement is reduced. I'm sick if it.

If Nelson cares at all about Nebraskans, he will vote for a REAL audit and vote against Bernenke's confirmation.

Thank You.

Nelson is in real trouble in Nebraska. His policies and politics align more with Washington D.C. then with Nebraska. He could potentially redeem himself somewhat in my mind if he put up a real fight against the Federal Reserve. I highly encourage everyone out there call him (and Sen. Johanns) and tell him to vote against Ben Bernenke's confirmation.

Senator Mike Johanns: 202-224-4224
Senator Ben Nelson: 202-224-6551

No Audit, No Bernenke.

Craig, January 27, 2010 | audit the fed, nelson | 1 Comment

A bill sponsored by Ron Paul and 308 House members was "gutted" today by the Financial Service Committee Chairman, Mel Watt (D-N.C.). According to Paul, Watt eliminated "just about everything" in preparation for the bill's consideration on the floor of the House.

Why? It's pretty obvious he was bought off.

Watt's campaign contributions in the 2008 cycle amounted to $609,072, but the largest portion was from the banking and financial institutions, a whopping 35.6 % or $217,109!

Contributors to Watt's campaign were Bank of America, Wachovia Corp., American Express and the American Bankers Association.

-Democrats gut a popular Congressional bill

These are the primary beneficiaries of the Federal Reserves ability to create money. I highly doubt he would have their support if he wasn't chairman of this committee.

I really have no idea what can be done with our "democratic" system to get rid of the corruption, except to gut the government itself. That's what this bill was trying to do though, shed some light on where all the money the government creates goes, and you can see how far it got.

Paul says he's going to try and amend the bill to restore it to it's original language when the chance arises. With 308 co-sponsors who supported the bill in the first place, let's hope he can do it.

Craig, November 2, 2009 | audit the fed, Ron Paul | 0 Comments

And, for good measure, a letter to Senator Nelson as well.


Dear Senator Nelson,

I recently received a letter from you saying that although you are not a co-sponsor of S.604 - Federal Reserve Sunshine Act of 2009, you are supporting a similar bill, S.1457 - Federal Reserve Credit Facility Review Act of 2009.

The bill you are supporting is a little difficult to understand so I don't know how good or bad it is. However, I did notice you are the ONLY co-sponsor. The S.604 bill now has 23 sponsors. Last time I wrote you it had 17. Of those six new co-sponsors, two more are democrats.

To be honest, your support of this other bill kind of feels like your opposition to the DeMint amendment on a point of order. You're "supporting" a bill that will never get passed. The original Ron Paul bill and the Senate version continue to gather more and more support. A recent Rasmussen survey shows that 75% of Americans support an audit of the Federal Reserve. I hope you send the right message to Nebraskans by supporting a bill that will pass.

Sincerely,

Craig Kohtz

Craig, August 6, 2009 | audit the fed

Just sent the following message to Senator Johanns about supporting the Audit the Fed bill in the senate.


Dear Senator Johanns,

I've been paying close attention to S 604 - the Senate bill to authorize an audit of the Federal Reserve. I've noticed for a while that you are not yet a a co-sponsor of this bill. All three House Representatives from Nebraska have signed on as co-sponsors of the House version, and even Senator Nelson supports a watered down version in S. 1457 (although he is the only co-sponsor). The S 604 bill currently has 23 co-sponsors. A recent Rasmussen survey shows that 75% of Americans support an audit of the Federal Reserve. Nebraska has always been fiscally conservative, which is why we have been fairly unaffected by this recession. My guess is at least 75% of Nebraskans would support such an audit, if not more.

Since 1913, the Federal Reserve's mandate is to maintain price stability and full employment. In 1913, a person would have only needed $58 to purchase the same goods that were $100 in 1800. A slight amount of deflation. In 2008, a person would need $2124 to purchase the same good that cost $100 in 1913. Since the federal reserve was created, we have had non-stop inflation and price instability. Looking at today's unemployment numbers speaks for itself as far as their other responsibility. The Federal Reserve is failing at their mandate. We need to know what is happening behind closed doors.

I hope you send myself and all your Nebraska constitutes a message by co-sponsoring S 604.

Thank you.

Craig, August 6, 2009 | audit the fed
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