HELP Stop The Federal Reserve Banking Cartel “Audit the Federal Reserve” Gains Traction In The House

Page 1

HELP Stop The Federal Reserve Banking Cartel “Audit the Federal Reserve” Gains Traction In The House Campaign for Liberty announced Wednesday that Ron Paul’s H.R. 24, “Audit the Fed” bill is currently being cosponsored by a bipartisan majority of the House of Representatives after Rep. Paul Broun (RGa.) introduced it for the third Congress in a row. “I am pleased to see such wide support for Audit the Fed, and I hope the House moves quickly to pass this important piece of legislation,” said Ron Paul. The legislation calls for a full audit of the Federal Reserve. On top of this congressional support, “nearly 75 percent of the American people support a full audit of the Federal Reserve,” according to a Rasmussen poll from November 2013. Per Campaign for Liberty: Ron Paul’s “Audit the Fed” bill, H.R. 459, gained 274 cosponsors and passed the House of Representatives in the 112th Congress on July 25, 2012, by an overwhelming three-fourths majority of 327-98, after a nationwide grassroots mobilization effort led by Campaign for


Liberty. The legislation calls for a “full audit of the Board of Governors of the Federal Reserve System and the Federal Reserve banks by the Comptroller General of the United States.” Last Congress, Senator Rand Paul (R-KY) introduced companion legislation, S.202, which gained 37 cosponsors. Senate Majority Leader Harry Reid refused to allow Audit the Fed to be brought to the floor for a vote despite repeatedly calling for an audit of the Federal Reserve throughout his career. H.R. 24 currently has 223 cosponsors, while Rand Paul’s companion bill, S. 209, has 29 cosponsors.

STOP THE FEDERAL RESERVE ENCOURAGE YOUR MEMBER OF CONGRESS TO AUDIT THE FEDERAL RESERVE CARTEL THEN END THE FEDERAL RESERVE CARTEL

Manufacturing Job Postings And Hiring Data Were Weaker In March Chad Moutray Shopfloor May 9, 2014


The Bureau of Labor Statistics said that manufacturing job openings declined for the fourth straight month. After peaking at 298,000 in November, the number of job postings in the sector has continued to move lower, with 243,000 openings recorded in March. Weather has negatively impacted overall economic activity over much of this period, and it is possible that winter conditions hampered employment growth, as well. Nonetheless, we would expect that this trend will reverse in the coming months, particularly if the sector resumes the rebound that was occurring last fall. There had been upward movement in manufacturing job openings from May to November of last year (up from 203,000 to 298,000), for instance. The Job Openings and Labor Turnover Survey (JOLTS) have a bit of a time lag. Fortunately, we already know that manufacturers added 12,000 workers on net in April, providing us with some cautious optimism. In the March data, net hiring had turned negative for the first time in eight months. Manufacturers added 231,000 workers in March, down from 234,000 in February (and 269,000 in November, its recent peak). At the same time, the number of separations – including layoffs, quits, and retirements – rose from 224,000 to 236,000. As such, net hiring (or hires minus separations) shifted from a net gain of 10,000 workers in February to a decline of 5,000 in March. This was well below the net hiring rate of 41,000 observed in November, illustrating the current softness in the labor market. Meanwhile, employment numbers in the larger economy softened slightly in March, as well. Total job openings decreased from 4,125,000 in February to 4,014,000 in March. Even with the decrease, this was still a decent figure, representing a 3.5 percent increase year-over-year. Hiring in the nonfarm business sector declined from a net gain of 240,000 in February to an increase of 194,000 in March. Education and health services and government were two major sectors that had increased hiring for the month.

INFOWARS.COM BECAUSE THERE'S A WAR ON FOR YOUR MIND


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.