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Whatcom Republicans Pass Resolution of Support to Audit the Federal Reserve
Whereas Congress, the Treasury, and the Federal Reserve have put us on the hook for almost $10 trillion in bailouts and loans.
Whereas 10 Trillion dollars is an exorbitant amount, enough to purchase One Hundred Million $100,000 dollar homes.
Whereas the taxpayers of America or American capital are the sole sources of replenishment of these funds.
Whereas the size of debt these bills are incurring is greater that what the current generation can bear leaving us in the morally repugnant position of requiring our debt be paid by the labor of future generations.
Whereas the denial of the U.S. taxpayer or their representative to know where the whole of their money was spent amounts to taxation without representation.
Whereas the current administration's agenda indicates a significant likelihood these funds being used to socialize the ownership of vast amounts of capital.
Whereas the Federal Reserve is a private corporation and is protected by the US Code from revealing to congress or any oversight committee the recipients of these funds.
Whereas H.R. 1207 is a bill that specifically REMOVES the US Code audit protections from the private federal reserve and further requires an audit to be performed to reveal the recipients of these 10 Trillion dollars in bailouts and loans.
Let it therefore be resolved that we, the members of the Whatcom County Republican Party declare our support for H.R. 1207.
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Timeless Wisdom...
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"Somewhere in our growing up we began to be aware of the meaning of days and with that awareness came the birth of patriotism. July Fourth is the birthday of our nation. I believed as a boy, and believe even more today, that it is the birthday of the greatest nation on earth... In recent years, however, I've come to think of that day as more than just the birthday of a nation. It also commemorates the only true philosophical revolution in all history. Oh, there have been revolutions before and since ours. But those revolutions simply exchanged one set of rules for another. Ours was a revolution that changed the very concept of government. Let the Fourth of July always be a reminder that here in this land, for the first time, it was decided that man is born with certain God-given rights; that government is only a convenience created and managed by the people, with no powers of its own except those voluntarily granted to it by the people. We sometimes forget that great truth, and we never should. Happy Fourth of July."
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