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Jackson County MS Republican Executive Committee Resolution in support of The Federal Reserve Transparency Act of 2009

The Jackson County (MS) Republican Executive Committee has passed a resolution in support of auditing the Federal Reserve. I’m announcing it because I think it is important that the local parties assert conservative and classical liberal principles such as those in the 2008 platform to the State and National parties. The State and National parties seem to be to some degree captive to those moderates who would triangulate our principles into irrelevance, and with our principles withering into irrelevance so too our party.

Actions are necessary. Resolutions are the first step.

Jackson County Republican Executive Committee

Resolution in support of The Federal Reserve Transparency Act of 2009

Whereas, we, as Members of the Jackson County Republican Executive Committee applaud transparency and accountability in government and reject government secrecy involving monetary policy that impacts the entire economy; and

Whereas, serious discussions of proposals to oversee and audit the Federal Reserve are long overdue; and

Whereas, the Federal Reserve can enter into agreements with foreign governments and foreign central banks and the United States Congress is prohibited from overseeing these agreements; and

Whereas, we, as Members of the Jackson County Republican Executive Committee, believe agreements made by the Federal Reserve with foreign powers and foreign banking institutions should be subject to Congressional oversight; and

Whereas, the United States Constitution, gives the United States Congress the authority to coin Money and regulate the value thereof and does not give Congress the authority to delegate control over monetary policy to a central bank; and

Whereas, auditing the Federal Reserve will allow Congress to assert its constitutional authority over monetary policy and help to protect the value of the United States dollar;

Therefore, BE IT RESOLVED, that we, the Members of the Jackson County Republican Executive Committee, in defense of the United States Constitution, STRONGLY URGE the Mississippi Congressional Delegation to support the Federal Reserve Transparency Act of 2009.

BE IT FURTHER RESOLVED, that we, the Members of the Jackson County Republican Executive Committee, recommend adoption of this resolution by the Central Committee of the Mississippi Republican Party, and recommend that the Central Committee forward their adopted resolution to the Republican National Committee with their recommendation for adoption.

BE IT FURTHER RESOLVED, that copies of this resolution be transmitted to each member of the Mississippi Congressional Delegation, the officers of the Central Committee of the Mississippi Republican Party, and Central Committee Members representing the Fourth Congressional District.

Adopted this the 14th day of May, 2009.

signed…

Theron Furr, Chairman
Jackson County Republican Executive Committee

I urge those of my readers who are members of their own local committees, and who agree with this resolution, to pass just such a resolution and publicize it. If you don’t agree with this resolution, then pass other resolutions on current topics that call for conservative principles to be used on our present difficulties.

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