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In a letter to the House Financial Services Committee earlier this month, all eight wrote that they support the type of amendment now being introduced by Rep. Mel Watt (D-N.C.). Watt’s approach purports to increase Fed transparency while it actually would tighten restrictions on any audits that could go forward.

The letter was sent around Wednesday by Watt’s staff to members of the committee in advance of a vote scheduled for Thursday.

Watt’s measure is in competition with an amendment cosponsored by Reps. Ron Paul (R-Texas) and Alan Grayson (D-Fla.), which would repeal the restrictions that Watt leaves in place.

But far from a broad cross-section, the “prominent economists” lobbying on behalf of the Watt bill are in fact deeply involved with the Federal Reserve. Seven of the eight are either currently on the Fed’s payroll or have been in the past.

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“Most voters don’t trust the president on the number one issue of the day: job creation. On top of that, a surprising plurality of voters, and Independent voters in particular, don’t side with President Obama on the number one issue to him: whether or not he should be president,” said Brad O’Leary, a former NBC Westwood One talk show host and publisher of the O’Leary Report.

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Eventually there was bound to be a reaction from liberal-left politicians to the Ron Paul-led effort to audit the Federal Reserve. That reaction appears to be taking shape in the form of Senator Chris Dodd’s plan to create a super agency to oversee, especially now that the Dodd plan received front-page treatment from the New York Times on Sunday.

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If the U.S. Government was FORCED to obey the LAW that we wrote, established and ordained in The Constitution and were thereby as written in black and white under Article 1 Section 8 only allowed to handle the SEVENTEEN enumerated items therein and as the natural obvious result would yield the collapsed of the U.S. Government to only 1/5th of its current size, scope and spending level and we the people would get to keep our earnings and decide for ourselves how to spend it all, can you even possibly imagine how our economy would boom?

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The “Debtors Revolt” are Americans trying to make a reasonable demand that banks, virtually cronies of The Federal Reserve “System”, are treated with fairness and dignity. The Liberty Tree Lantern, despite our belief in freedom and free enterprise, has held that it is not right that banks alter a person’s interest rate up significantly, just at the time when a person, often due to no fault of his own, is hitting hard times. Often this unscrupulous action results in keeping an otherwise good man down. Some people are never able to recover or get out from under the debt that many of these banks levy on them. Isn’t it bad enough that the person has fallen on hard times, perhaps lost his or her job due to “sensible” downsizing and modernizing by his company or for recession reasons? What right does a bank have to kick a dog that is already down and out on his or her luck? This is just not right or Christian like, to say the least.

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Then, he once again attacked the millions of Americans like you and me who have attended town hall meetings, rallies, and tea parties to defend their health care and oppose the Washington takeover.

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“We are joining with Energy Citizens to oppose this radical climate change legislation,” said Brian Britton of the Greely 9-12 project. “We support clean energy, but we also believe that we need to drill here and drill now, and we do not support Cap and Trade. We think it is important to join with other conservative groups when we see legislation that will destroy our economy.”

“One thing the Democrats did to defeat Republicans in the 2008 election was to join groups with differing interests in the common goal of supporting the liberal agenda. We need to work together with people of like mind to defeat the liberal agenda,” said Britton.

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Socialists, Communists and Fascists behold as American’s across the expanse of our UNION of FREE, INDEPENDENT and SOVEREIGN States Awaken to the clarion call to protect and defend Our Constitution that We The People wrote, established and ordained as a set of LAWS upon our Federal Government; A set of LAWS that ‘ENUMERATES’ the written list of only SEVENTEEN powers that by our INDIVIDUAL but united authority, bestowed upon us by our creator, we borrowed to the Federal Government, meaning both houses of Congress, The Obama and all Administrations and The Supreme Court, for the ‘privilege’ of handling ONLY these things listed in Our Constitution.

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Here are our Corporate, Union, and Socialist / Communist / Fascist Activist enemies and traitors, “Tories” and/or “Loyalists”, if you will, in lockstep with the forces and members in the U.S. Government who are tyrants, usurpers and traitors to We The People and The Constitution who are amongst us, heed well o’ fellow patriots, heed well:

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A recent study concluded that new development of energy resources in the OCS and on federal lands could generate $1.7 trillion in new public revenues
A revitalized exploration and production program could add 160,000 jobs to our nation’s damaged economy.
Domestic production will reduce reliance on energy imports and strengthen our nation’s energy security.

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