I Called My Congressman and the California Collapse

Well that was easy. I just contacted my Congressman's office to get him to support HR 1207, the Federal Reserve Transparency Act. I hope you do the same. The bill is continuing to gain support. We're up to 79 co-sponsors. The last time a bill like this was debated was in the 1990's when the Democrats pushed for it. The Republicans balked at the idea. In fact, when Ron Paul had the seniority to lead the Monetary Policy committee, the Republicans actually just got rid of the committee instead of letting him lead it. However, the times have changed and apparently the Republicans have decided to agree with Ron Paul on monetary policy. The majority of the co-sponsors on HR 1207 are Republicans. However, this should be a bill that everyone can agree on. Who would say that we should keep where we send newly printed money a big secret? All our politicians would probably like to keep it a secret, but they can't hardly tell their constituents that. So I hope you call or write!

Also, to continue the saga on what's going on in the broke state of California, you should be interested in reading this article. Remember, since California is out ahead of the rest of us, this is the type of things you might watch out for in a couple of years.

-Joel