Archive for the ‘ federal reserve ’ Category

This revolution will be one of decentralization and some form of operational secession. I don’t think states are actually going to break away from the union. I believe that the governors and mayors are not going to bother to get Federal grants, because the money is either not available or won’t buy anything. When we get to that stage, we will be prepared for a new period of liberty. That day is coming. The government has shot his wad, and the Federal Reserve, in shooting whatever wad it has left, is going to debase the currency.

~ Gary North, from “Digits and Revolution

Aloha Hawaii Liberty lovers:

This Saturday is our nation’s 233rd year since declaring independence from the crown’s tyranny. In the middle of your activities, I encourage you to make some time this weekend to read or re-read the Declaration of Independence. Maybe a gem of insight about courage or justice will speak to you as happens whenever I read it.

http://www.ushistory.org/Declaration/document/index.htm

Right now the Hawaii Campaign For Liberty’s legislative focus is putting pressure on Senator’s Inouye and Akaka to co-sponsor S604, the Senate companion to HR1207- Ron Paul’s Audit the Fed resolution that at last count has 245 co-sponsors.

http://thomas.loc.gov/cgi-bin/query/z?c111:S.604:

The best way to keep current, network and receive training is through the official Campaign For Liberty website.

http://www.campaignforliberty.com/usa/HI/

Once you’ve joined the Campaign For Liberty in Hawaii, be sure to CHECK BACK OFTEN, log in and check your messages, and return to the state page (as well as your district and county pages)–the site is a social networking site for liberty lovers, and will be the best way for us to share information with you–but YOU’VE got to sign in so that you can read it.

Please mark your calendars for our next C4L BBQ/Meeting on Sunday, August 2 @ the Moana Pacific. A detailed invitation will be posted soon.

On a final note, the results we want to see in our civil polity are always in conflict with our impatience, but history teaches us hope.

“What is true of the individual will be tomorrow true of the whole nation if individuals will but refuse to lose heart and hope.” -Mohandas Ghandi.

Dan Douglass

By Russell McGuire

In the coming weeks, Congress will vote on a bill that will increase transparency of Government in the most crucial of areas, money creation.  H.R. 1207, the Audit the Fed Bill, will require the Federal Reserve Bank to disclose where it distributes newly created money.

Money creation by the Federal Reserve increases the prices we pay for goods by inflation. The more money created, the higher prices will go. The money supply has roughly doubled since we first embarked on bailing out different industries to avert a deeper recession.

This bailout will hurt the poor and middle class most as they see prices they pay for gas, food, and clothing rise until they are nearly double what they were last year. This will not happen right away, but Economics tells us when the money supply doubles, prices will double.

Unfortunately for Hawaii, only Neil Abercrombie has signed up to be a co-sponsor of H.R. 1207, please contact Mazie Hirono and ask her to support H.R. 1207. If Mazie Hirono can’t protect Hawaiians, perhaps we should replace her with someone that will.

Russell McGuire graduated from the University of Hawaii with a Bachelor’s in Economics and is the current contact for the Hawaii Republican Liberty Caucus. Be sure to send your H.R. 1207 op-eds to the the Honolulu Adverstiser, Honolulu Star Bulletin, MidWeek, Hawaii Tribune Herald, Honolulu Weekly and  Hawaii Reporter.