Freedom Watch: 7/15

" watch the liberty. Six rejection of world liberty strictly for playing strategy room. At foxnews.com. I'm your host judge -- We'll discuss the issues that profoundly affect your freedom your civil liberties your financial liberties. You're right to have a government that stays within the confines. Of the constitution. Are you ready for this the Federal Reserve has now for a the American people. With higher interest rates. Congress continues to attempt to expose. Its prized super secret and unregulated -- You know what the batteries here it is it's a semi private bank its board of governors are appointed by the president but it is privately owned the amount of its well. The loans that it makes up foreign governments it has shoring up and the debt that it has been -- have all been kept from you. Why should you know what the Fed has done what the Nazis. It for it's your money. It controls your interest rates as the lender of last resort to your governed. Late last week. A guy who probably never heard Donald Kohn the vice president of the Fed's board went before congress and -- quote. The bond rating agencies view operational independence. Of our country's Central Bank. As an important factor in determining sovereign credit interest rates translation. He's suggesting. That any threat -- that -- privacy and independents. Could lower treasury debt Hillary and that's raise -- bar. In other words. Congressman Ron Paul's house bill HR twelve seven. The bill that would -- that they had built -- Barbara 213 cosponsor of the house. If that direct threat to the independents. And the privacy. The Federal Reserve. Yours that an audit undermine its secretive ways exposed its numerous -- needs. And it Mac -- that scams. That law hold you responsible for us. This is instantly extortion. And then it basically says. Audit us. And we will raise your interest rates. Now one. No one in the government. Should ever be able to threat report section. That threat. To perform lawful act for an unlawful purpose that is extortion. And that's what the Federal Reserve. Is threatening to do. If congressman polls bill in the House of Representatives. This is similar to the threats that the Fed need to banks initially were rejected our. -- Or will -- Eight charts while those seven in the house and asked you know six in the sense. -- the only practical vote. For any form of transparency. And the only means by which Donald Kohn Ben Bernanke. And the rest of the bankers that hold us hostage can't be held. My pleasure to introduce. My good friend and one of the great defenders."

" Of freedom and liberty in congress. In the United States and on the planet today congressman Ron Paul joins us from our nation's capital. Congressman we couldn't start the show without you welcome back to freedom -- Thank you -- be great again. If there actually from the ads would threatening. The American people with higher interest rates that we -- try to audit them."

" But judge about. Two -- of your question I think was canceled out. I heard your opening statement. And that's essentially what is it is extortion threats. Scared people but that's the way government gently work whether it's -- Economic calamity our international climate Claman calamity it's always just you're the people intimidate men and make sure that the people know that if they don't. Do the bidding of the powerfully lead then worst conditions can exist. But -- truth ever be harmful you know I -- shouldn't be harmful hiding the -- that's really changed through. Andy's idea that it if we don't know what that it'd been doing it's gonna make you feel better. You know for instance I think one thing it -- and -- might reveal with the all the communication between the Fiat and Goldman Sachs. Just think of outlook kind of communications we might find there and what kind of promises were made -- Goldman Sachs came out that golden. That that should be available to it there's -- lot of power. -- and you know in the hands of the Federal Reserve officials we know how they're using them out what kind of promises that they oversee. You know I came across the statement the other day where it that Fed officials here in the Pan American credit crisis. Decade or so ago. Had the and the half Haiti interest to the New York banks. In the Federal Reserve did that was -- they -- up to those. I think that -- on. And the American people deserve to know about this because that they destroy the money as they destroyed the financial system. We need to know who's at fault and what we ought to do to correct."

" Congress by saying you passed Ron Paul's bill on the house. Jim demands bill in the Senate. We're gonna raise interest rates and everybody doesn't that sort of course congress that dig in his heels its heels and he can't get any entity really successfully. Threat but congress if you do this will do that back to you."

" Well too often the congress has become intimidated the president very very powerful person and he represents a special interest. You know Obama his biggest -- Was. You know Goldman Sachs. So yes there's a lot of power they can -- it should be that way. We do that the -- congress and congressmen members ought to be defending the people. But so therefore the pressure has to come from people that's why we have a lot of cosponsor it's not that much. Now all of a sudden I got more persuasive the issue became more important the American people look up and said look we want more transparency we want to know what's going on."

" In the Federal Reserve. Think I think you're being modest but I'm thrilled that you have so many co sponsors what's the status. In the house what would be the next step to translate. The fact that you have more than half of the co sponsors. Into a movement of the bill through the process that has to go through in the house. -- working get to a vote by members of the house."

" While on the handling those in power and what they wanted to do and for instance if not Obama won the day and Pelosi wanted it they could bring up on the floor tomorrow under suspension and it would path that would be yet. And it apparently be on the Senate. But they don't want you you recall what they did with it hits the -- way out ruled it out of out of order. So. The most I think we can expect right now. Is to get a portion of the major part of this put on. A yeah I'd be held that job point -- working on -- you know war. You do they re doing all the regulation. But that's not. That doesn't -- much. I'm afraid and I'm preparing and conditioning myself and everybody else. That when push comes to -- They're gonna pay token. You know they think it is that token effort to support it but in reality we won't know in one year from now what's going on behind the scenes. And a guy that to me is discouraging but I still work with the assumption that we can and should get passed in the house we keep putting pressure on the -- We have to try to make this system work. Because it's a calamity when it then when it if it fails so therefore we have to continue the process that for me to say well we have. The large majority pretty soon we're gonna have two thirds of the congress at the rate we're going. And if if if we can't get this past. We have. You know put more pressure somehow or other to let people know what's going on."

" It shows like this one and the others on which. You appear we'll continue to educate the public about what needs to -- done this morning on my radio show -- ranting and raving congressman Paul about what happened in the house yesterday. Did did the leadership yet again. Spring another thousand plus page bill. On members of the house and did they just yet again. Without reading it vote for it and does it yet again. Do the unthinkable. Which is to raise taxes on employers. In the time of recession."

" This is business as usual and they don't want those kind of -- to see the light of day they -- quickly. Don't get truly explode them truly debated. Hopefully. You know we have more exposure for this medical. Bill that's coming through the that revamping but then again so many issues that you see the light of day in a lot of debate. What will that happened the night before they're brought to the floor when they go to the rules committee they'll have a manager's amendment which can rewrite the whole bill. That's essentially what happened on the Patriot Act and that they had been committee that it was revenge -- be working the floor so this is that. I mean. I know why you're shocked and I know why everybody should be shocked that we can -- be be that surprised. Which I'm not because I've seen it happen for so many years have been fighting it it's excellent exasperating. That we can't expose this to the public -- the American people would say no more of this. And if they knew exactly what's going on around here I think a lot of incumbents would --"

" They're -- exasperating and was ranting -- raving about it this morning and now what happens all the time and I don't wanna get. -- in the velocity that the concept. You know it's if you ran the business of lending that he ran a business and an employee of the business. Committed the business of some fantastic expenditure. On the basis of a thousand page document. And the employee didn't read that document and the employees wouldn't let the employee -- seeded document. -- the employer should fire the employee that is almost literally what happened in the House of Representatives yesterday you guys worked for us. You didn't have a chance to read it the American public couldn't see -- argument over the ink was dry weather apparently took a vote and yet the house passed. Nevermind that how does the unthinkable which is to raise taxes in a recession but the manner in which it happened. So antithetical to the government. That Jefferson and Madison thought they were giving us it's just mind boggling that this can happen over and over again. And the same people doing keep getting returned to congress."

" Night nobody ever gets fired about how bad problems -- nobody seems to be responsible. Norton Norton do they get fired -- one way. I've been able to generally stay out of trouble on voting for these the other I have a very strict rules. You know if the falcons the floor. And I haven't had adequate time to look at it it looks terrible. I mean it is just an automatic no they they cannot make me vote for something like that. Most if not you can get a hand obviously. That -- you know even win a few minutes you can figure out if -- got bad news but they're really study it. Now it's generally not available."

" This switching gears before I let it go is there any buzz. And judge Sotomayor I mean it did did she adequately. Stick to the party line sufficient to get the number of votes. That she needs in the Senate to get confirmed. Should any of us be surprised that liberal Democrat in the White House would produce a liberal Democrat on the Supreme Court."

" Now I I don't think anybody should be surprise it looks like Hugo through rather easily. The inning that we can do and I don't know that there's much hope for this is sometimes liberal appointments by Democrats cannot -- absolutely. It better. Then we expect and sometimes. Conservative appointments I Republicans are not be a lot worse than we expected to have this hope for the best but I'd I think. I think he'll be member of the court. Congressman Ron Paul thanks very much thanks for opening the show -- this yet again we'll see announcements. Thank you thank you joining me now."