Sent: Thursday, March 26, 2009 5:24 AM
Subject: Federal Reserve Transparency Act - Friday FAXBOMB!! ----- and a note on the Treasuries bubble about to bust

Liberty Campaigners!

 

Please help get your Senators and Representatives on board as cosponsors of the Federal Reserve Transparency Act of 2009 (H.R. 1207 and S. 604, and also related bill S. 513).  H.R. 1207 has 44 cosponsors and counting!  Looks like RP has got Bernie Sanders on board, sponsoring these bills in the Senate.  Amazing!  The momentum is building.  Call/email/fax your Senators and your Congressman as regularly as you can (e.g., daily) until they sign on as cosponsors on these bills.  You may need to educate them and their staff in the process.

 

Friday 3/27 FaxBomb!!  And all the following week too!  All the congressional fax numbers, instructions, sample letters, and GREAT flyers are provided at this FaxBomb link.

Click on one of the images below to download a PDF version that you can print out and fax.

http://www.bullnotbull.com/img2009/fed-res-1-th.gif

 

http://www.bullnotbull.com/img2009/fed-res-2-th.gif

All the details for the FaxBomb are here.

Also make phone calls:

Toll-Free Numbers to Capitol Hill Switchboard: 877-851-6437, 800-828-0498, 800-614-2803, 866-340-9281, 866-338-1015, 866-220-0044

Toll Number to Capitol Hill Switchboard: 202-224-3121

Local Office Numbers: If you can’t get through in DC, Google to find their local office phone number, its often easier to get through on those.

 

Sign the “Audit the Fed” Petition to Congress

 

 

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As a related side note, here’s a comment on the treasuries bubble, posted in the comments on the post announcing the 44th Cosponsor for the Federal Reserve Transparency Act:

Posted 03/25/09 2:09 PM
Ryan Sheets
Louisville, KY

If I understand the treasury bubble right it will dwarf the housing bubble. Basically those with treasuries are looking to sell them, but the government is looking to sell the new ones as well with the huge deficits. The Fed has to start to buy them up because the treasury market will crash otherwise, and of course the Fed can only buy them with newly printed money, which causes inflation, which devalues treasuries. Eventually the Fed will have to buy all treasuries as they will be worthless. Of course, inflation is already on the way so treasuries are already on a downward spiral, so it's pretty much assured that the treasury market is next.  What's worse is if the Fed goes that route and begins to purchase treasuries they will devalue all other debt. As a result, they will have to move to prop up that market as well. Of course, with all the debt in our society there is no way we can bail out all debtors and avoid hyperinflation.

 

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Here’s an interesting article for more detail on the drivers for treasuries.  Check out the other links at this site as well.  (AFTER you do your faxes/emails/calls!)

*****Fed Planning 15-Fold Increase In US Monetary Base*****