Dear Patriot,
Worried that an economic slowdown could doom his reelection hopes, barely a week goes by without President Donald Trump lashing out at Federal Reserve Chairman Jerome Powell.
In fact, in one of the president’s tweet-storms, he referred to Chairman Powell as an “enemy.” In another, he called the Fed “boneheads.”
Patriot, the president understands what few in our national media or political class have ever dared to admit. . .
With their vast power, the unelected, unaccountable, and secretive Federal Reserve holds our economic fates in their hands -- as well as our nation’s political future.
As fears grow that our economy is barreling toward total collapse -- perhaps even worse than the last financial crisis of 2008 -- it’s never been more important that you and I expose the Federal Reserve NOW, before it’s too late.
Or else every last shred of American wealth could be wiped out.
That’s why I’m counting on you to please sign the “AUDIT THE FED NOW!” petition I’ve prepared for you right away.
As you’ll see, this petition insists that your U.S. Representative cosponsor and seek a roll-call vote on my Audit the Fed bill (H.R. 24).
The good news is, thanks to the action of good folks like you, we’re building momentum.
In fact, U.S. Rep. Thomas Massie’s House version is now up to 92 cosponsors after Campaign for Liberty added 21 House cosponsors through targeted online ads and grassroots mobilization efforts.
But the fact is, we have to do more. And FAST.
As you may have seen, I recently appeared on CNBC to warn that we’re now in the midst of the biggest bubble in the history of mankind. And the moment it bursts, average, hardworking Americans could take a fatal financial hit.
But the Wall Street fat cats who feed at the Federal Reserve’s trough (and are considered “too big to fail”) will be laughing all the way to the bank with their bailout billions!
It’s no accident. BOTH parties are growing more fiscally reckless by the day. Even the minimal caps put on by the 2013 “sequestration” deal are now ancient history.
With the recent two-year budget, the president and Congress agreed to in August, our annual budget deficit is now projected to run at over ONE TRILLION per year!
Our national debt is over $22.5 TRILLION -- more than DOUBLE what it was when President Obama was elected. Every U.S. taxpayer is on the hook for $183,000 -- ON TOP of the confiscatory taxes the IRS seizes from you every year!
It’s madness. And the Federal Reserve lies at the root of it all.
Politicians in BOTH parties have figured out the Fed will just print money out of thin air to pay the bills when taxing and borrowing doesn’t make ends meet.
They really believe they can keep spending like there’s no tomorrow and nothing will ever happen!
But economic chickens ALWAYS come home to roost.
That’s why auditing the Fed -- striking at the heart of the Washington, D.C. Leviathan -- is so critical. If passed, Audit the Fed would finally show the American people that the Federal Reserve System leads to:
*** Constant economic crises. The 2008 housing crisis and the resulting chaos is just one example of an economic bubble created by centrally planned interest rates and money manipulation. As I mentioned, I’m worried we’re in the midst of another bubble that could burst any second;
*** The destruction of the middle class. As food, housing, medical care, and education costs soar, everyone who is NOT on the government dole is forced to make do with less as the value of their money plummets;
*** Currency destruction. History shows us that riots, violence, and full-scale police states can result when people finally realize our money isn’t worth the paper it’s printed on and REFUSE to accept it.
The good news is, I sincerely believe we CAN get this done.
You see, polls show that nearly 80% of the American people believe the Fed should be audited. So politicians who stand up for Fed secrecy are standing on razor-thin political ice.
Voting “NO!” on Audit the Fed could mean the end of their political careers in 2020.
And as I’ve told you before, President Trump pledged to support Audit the Fed while running for president in 2016. And the Fed has been a constant target of his rage in recent months.
The last time Audit the Fed was voted on in the U.S. Senate, we earned a Senate majority, falling just 7 votes shy of overcoming a filibuster. And four senators who voted “NO!” on Audit the Fed went down to defeat and several others retired in 2018.
With pick-ups in the 2018 Senate elections, that means we’re inching closer to the 60-vote threshold we need.
Our biggest challenge may be the U.S. House -- but I believe that’s a fight we can win.
While House Speaker Nancy Pelosi has never supported auditing the Fed, we’ve passed it through the U.S. House twice.
Each time we accomplished that feat with overwhelming bipartisan support (thanks to your help!).
I’m virtually certain the votes are there for House passage. But it’s going to require forcing Speaker Pelosi’s hand to allow a vote.
The more House cosponsors we can generate for Audit the Fed, the more momentum we’ll create.
That’s why it’s so important that you sign your petition to your U.S. Representative TODAY.
But I hope you won’t stop there. If possible, please agree to your most generous contribution to help Campaign for Liberty:
1) Deploy targeted online ads like the ones we ran in June, which generated 21 new cosponsors. This may be THE most cost-effective way for you and me to turn up the heat!
2) Use mail and email to contact up to 12 million Americans from coast-to-coast to generate petitions just like the one I’ve enclosed for you to Congress;
3) Work the talk-radio lines to explain exactly why Audit the Fed is absolutely critical to stopping the economic DISASTER I’m worried is right around the corner; and
4) Launch an all-out email and phone mobilization campaign to explain to the American people exactly why the Federal Reserve MUST be exposed.
Of course, I’d like to do even more -- including radio and even TV ads -- if I can raise the funds.
But unlike the Fed, I can’t just snap my fingers and create money out of thin air. Campaign for Liberty depends on the generosity of good folks like you for everything we do.
So in addition to signing your petition, will you please agree to your most generous gift of $50 right away?
I know that’s a lot to ask for. But your action and generosity have proven to work. You are making an incredible impact.
Of course, if $50 is just too much, please agree to $25 or at least $10.
I truly believe we can finally Audit the Fed and hold off the financial disaster that’s headed our way. But only with your help.
So please sign your petition to your U.S. Representative and return it to me along with your most generous contribution of $50, $25, or at least $10 at once!
For Liberty,
Ron Paul
Chairman
P.S. With the recent stock market rollercoaster -- and our ballooning $22.5 TRILLION national debt created by Congress’ never-ending spending spree -- our economy is barreling toward total collapse, perhaps even worse than the last financial crisis of 2008.
If we don’t expose the Fed now, I’m worried this collapse could wipe out every last shred of American wealth!
So please sign the petition I’ve prepared for you urging your U.S. Representative to cosponsor Audit the Fed. And if possible, please agree to a generous contribution of $50, $25, or at least $10 IMMEDIATELY!