H.R.833 - Federal Reserve Board Abolition Act

To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes. view all titles (3)

All Bill Titles

  • Official: To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes. as introduced.
  • Popular: Federal Reserve Board Abolition Act as introduced.
  • Short: Federal Reserve Board Abolition Act as introduced.

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Displaying 1-30 of 55 total comments.

Theodrin 09/09/2010 1:07pm

I like using metal money – here, we have a little “metal standard”, where we use metal money that the value is either very hard to change or impossible. It does of course fluctuate in proportion to the value of the fake green dollar. The Fed is extremely unconstitutional, and this bill should have appeared long ago… Except… How is this going to go through? It was introduced a while ago!

Abramsgavin 03/23/2010 10:50pm
in reply to Anonymous Feb 07, 2009 8:21pm

Shoot… when Martial Law comes come find me, give me a Gun and Ammo, and I’ll make myself one of those stove Chest protects like Marty McFly did in Back to the Future did. And I’ll find lead a Squad of men against the New World Order

chefcj 08/12/2009 3:54am

As has been proven in the recent and not so recent past, the market can not regulate itself AT ALL. Greed in the marketplace has taken away ability to self-regulate, like a puppy with an open bag of food, eat until it gets sick and then eat more.The government has enough to to without trying to spending months making a decision that requires hours to make. The sole purpose of the foundation of the Fed was to have a separate entity to establish these markers for the economy to operate within to regulate the overall picture. Rep. Paul wants to point the finger at them for giving money away whn it is the market itself that fell apart and require some type of intervention before a complete implosion. Even Former Chairman Greenespan said that he never thought that the market would do things that would be so self-destructive for short-term profits. Look it up.

lbrownusc59 07/14/2009 6:08am

Does anyone really want the Obama administration to ’manage the fiscal and financial engine of the United States?

Folks, it sounds nice to abolish this and that with one swift bit of legislation (at least Mr. Paul’s bill is less than 10 pages).

However we must always be very careful of what we wish for— It may come true.

What happens after the Fed is abolished? Seems to me far better to deal with enemies we know.

By the way the people are in charge. Think not, try the ballot box; and post cards, not email, with handwritten notes, one at a time.

mizentropy 06/22/2009 8:05pm
in reply to DavidPhila Feb 12, 2009 5:33am

Pick up some books and read!!!! Start with The Creature from Jekyll Island, WEb of Debt, Meltdown…. and others that explain what is going on with the FED. Just about EVERYTHING you wrote is incorrect!

mizentropy 06/22/2009 8:00pm
in reply to rumcho Feb 09, 2009 12:41pm

The way money is created in our present system IS bad.This whole concept of interest on money created out of thin air is crazy!No wonder these bankers are so rich. I saw Zeitgeist and it seemed like a great way to live, however impractical and impossible. But then I was reading “Web of Debt” and the American Colonists created money out of nothing too and it worked fine. Money is not the problem, it is the artificial scarcity of money that bankers create when they charge interest that is the problem. W should abolish bankers!

danholzer34 05/11/2009 4:31am

Abolishing the fed and eliminating the income tax are the first steps on the path to starving the progressives out of existence.

danholzer34 05/08/2009 4:43am

This is a wonderful idea.The powers that be WILL NEVER LET IT BE ABOLISHED!

mrlargo 04/22/2009 5:35am
in reply to rumcho Feb 09, 2009 12:41pm

Even better would be to abolish a federal bank by amendment.

mrlargo 04/22/2009 5:34am
in reply to Repeal Feb 05, 2009 9:23am

No, you just need to read up on Fractional Reserve Banking to understand. For anyone that wants to see Zeitgeist, be prepared to have a lot of what you believe in attacked. This is above and beyond the correct information that it presents on banking and money creation under our current system. The rest of Zeitgeist is up to you as far as your beliefs. Just be prepared for it. It has a social agenda all its own.

Watchman72 04/19/2009 6:56pm

Hi everyone. I am 36 years old and wonder why did’t they do anything before. I just recently woke up. my eyes have been closed for 7 years. After being introduced to Alex Jones and watchimg EndGames and Obama Deception, I can’t believe anything my government says because we the People do not run the government. The Bilderberg Do! As I learn everyday, I work real hard to help Abolish the Fed Support HR 833.

dkwalburg 04/19/2009 9:55am

There are the secret people; the masons, the oddfellows, the Federal Reserve, cockroaches….they all run when the light comes on. Evil begets evil. Evil thrives on darkness.

TheBatman 04/12/2009 3:03pm
in reply to Anonymous Feb 05, 2009 8:13pm

It’s not about Republican or Democrat anymore.

Both parties have failed.

I grew up a republican until I woke up and realized that I embraced some of the same values, but not all of any single party.

I believe in the constitution as it was written without further amendments, small Federal government with minimal power over the people, and freedom.

kgotjesus2001 04/03/2009 4:14am

If this were to pass, we could have our country back and most of our problems would be solved!

glenn_cer 04/01/2009 8:14pm
in reply to ZAPEM Mar 25, 2009 2:30pm

we put

glenn_cer 04/01/2009 8:10pm

06-04-63 a virtually unknown Presidential decree E.O. 11110 was signed with the authority to basically strip the F. R. Bank of its power to loan money to the United States Federal Government at interest With the stroke of a pen President Kennedy declared that the privately owned F.R. Bank would soon be out of business We can now safely conclude that this E.O. has never been repealed amended or superceded by any subsequent E.O. In simple terms it is still valid When Kennedy was assassinated It appears obvious that President Kennedy knew the Federal Reserve Notes being used as the purported legal currency were contrary to the Constitution of the United States of America In a comment made to a Columbia University class on 11-12-63 Ten days before his assassination President Kennedy allegedly said The high office of the President has been used to foment a plot to destroy the Americans freedom and before I leave office I must inform the citizen of this plight

mattpileggi 03/31/2009 8:13am
in reply to kennyvaughan Feb 16, 2009 2:09pm

You lost me, Kenny. What does Ron Paul have to to with zeitgeist, and why would you never want to support him? Perhaps they were two different comments (I agree about zeitgeist, btw, but don’t see why it’s in the same breath as supporting Ron Paul).

Ron Paul is a pure Constitutionalist and he wants to return us to the basics of the Constititution as it was written by our founders. I don’t agree 100% with every stance he takes but why would you not want to support someone who seeks to restore the power, and respect, of the Constitution?

The whole point of this freedom experiment was to leave the power with the people, to allow them free enterprise to foster ingenuity, compassion, charity, and prosperity. It’s clear that the more we abandon the Constitution, the more we lose hope in those tenants of life lived freely.

mattpileggi 03/31/2009 8:06am
in reply to DavidPhila Feb 12, 2009 5:33am

So you would support the opposite of what Thomas Jefferson had warned us about so many years ago when he said:
‘The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.’

Have you even read the Federal Reserve Act? http://www.federalreserve.gov/aboutthefed/section4.htm.

Why would repealing the Federal Reserve Act, eliminating fractional lending, restoring congress’ power to coin money and regulate the value thereof be something that would cater only to the conspiracy-obsessed?

Sci129 03/26/2009 12:26pm
Link Reply
+ -1

The FED is the biggest scam in history but it is only the door down the rabbit hole. The fed is the means by which the elite steal our money and it is 100% facism. People need to wake the he*l up and realize that this whole recession and soon to be depression is manufactured. This is the best and most important bill to come out in the last 96 years and we must all contact our reps and make them pass this. If we don’t, the US and the world for that matter will never be the same.

Learn more at www.infowars.com

ZAPEM 03/25/2009 2:30pm

Watch the Obama Deception. It explains everything about the Federal Reserve and all the people connected to its corruption. We not only need this corporation out of this country, we need to confiscate back all the money they STOLE. That should fix the deficit and then some. CROOKS!

cdwhatley 03/17/2009 2:32pm

I am so thankful that someone in Congress recognizes that the Federal Reserve is a detriment to our nation. I salute Ron Paul for taking the lead on this issue. We must get rid of the Fed and the system of debt that they are running in this country. It’s time to move the power out of the hands of a few powerful unelected officials and back into the hands of the people.

andyprays 03/15/2009 6:34am
in reply to MTPatriot Mar 05, 2009 12:03am

YES!

It is just bad government and if mr. obama is really truthfull he himself will recognize the high cost and manipulation that is the FED and will support its demise!

andyprays 03/15/2009 6:33am
in reply to MTPatriot Mar 04, 2009 11:47pm

No not without trying ever concieveable trick and political lie and deception. It was planned to be this way and will continue unless we, the people keep telling our senators and represenatives that they are out the door unless they pass this bill!

HR 833

So far, the ghestapo are not outside our doors, but unless we stop it they may not be far behind. No that is not a conspiricy theory, it is merely a statement of history. YOU have to DO something and quit just sitting there and being afraid of it!

andyprays 03/15/2009 6:29am
in reply to Anonymous Feb 13, 2009 11:33am

The Fed is NOT part of the US government. It is not even contracted. We the people have no more athority over it than you do over your car dealer except to not buy from him anymore when he cheats you. Yes, the bill returns athority to the US Treasury!

HR833

andyprays 03/15/2009 6:25am
in reply to DavidPhila Feb 12, 2009 5:33am

David

You are sadly misinformed. It public knowledge and well documented and evidenced by anyone who really cares about their personal responsibilty to be aware, that The Federal reserve is not Federal, it is Not a bank and There are NO reserves. Read, study and know that it is private institution owned by a small group of bankers who make we the people, responsible for their greed and responsible to pay back and stand behind their private loans to people who can not afford to repay them and we the people have given these private individuals the power to create paper money in limitless quanities (this is called inflation). Look it up.

Blessings!
Andy

Mrs_B 03/09/2009 10:11am

END THE FED! END THE FED! America is now owned by an offshore international banking cartel! Soon we will pay our taxes directly to them! They are planning the same take-down as occurred in the Depression because, frankly, they LIKED the results! Get ready for food shortages, homeless tent cities, and coming martial law.

ZAPEM 03/07/2009 4:11pm
in reply to Anonymous Feb 13, 2009 11:33am

Do you have any idea how long Ron Paul has been trying to get this done? Ask your reps why it hasn’t gone through.

This should have been passed a LONG time ago!

MTPatriot 03/05/2009 12:42am

Wright Patman (1893-1976) was a DEMOCRATIC representative from Texas, who served in the U.S. Congress from 1929 to his death on March 7, 1976. He was chairman of the House of Representatives Committee on Banking and Currency for 40 years. For 20 of those years, he introduced legislation to repeal the Federal Reserve Banking Act of 1913.

I applaud Congressman Paul’s attempts at righting an injustice we have suffered in this country for 96 years.

MTPatriot 03/05/2009 12:39am

Congressman Patman did score a “small victory,” however. The Congress passed his bill but attached an amendment that will limit the audit to administrative expenditures only, presumably the expense accounts of the executives of the System, the numbers of pencils purchased per employee, etc., hardly what Patman had in mind.

Later Congressman Patman, Chairman of the House Banking Committee, was removed from his Chairmanship after the elections of 1974, because, as one Congressman voting to remove him told one of his constituents, Patman was “too old.”

Or maybe “too smart!”
-Ralph Epperson

MTPatriot 03/05/2009 12:38am

Congressman Wright Patman attempted to investigate the Federal Reserve. He introduced a bill which would have authorized a full and independent audit of the System by the General Accounting Office. Patman claimed that the audit was essential to give the public’s elected representatives complete and accurate information on the internal operations of the System, SINCE THEY HAD NOT BEEN AUDITED SINCE THEIR INCEPTION IN 1913.

Patman was frankly astonished by the opposition to his bill. He wrote: “Although I had anticipated that officials of the Federal Reserve System would vigorously oppose my bill, I am frankly amazed by the massive lobbying campaign now underway, to prevent enactment of the measure. This itself is further proof, if any is needed, that a thorough and independent audit…is an absolute necessity in the public interest.”


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