I was welcomed back to our third week of this years new session by some unusually mild winter weather- mild enough that I was able to keep my office window open most of the week! 
I had a great opportunity to talk with several realtors and business owners form the 105th district this week as many of them came to the capitol to discuss different issues that the house will be taking up this session. 
I have filed my House Concurrent Resolution urging the Federal government to Audit the Federal Reserve and it was been designated as HCR 9.
On the JOB-front, I received much support from the Jefferson/Franklin County delegations for the Family Business Growth Act which I filed just yesterday. This bill will help provide relief to certain struggling family businesses in the Jefferson'Franklin county area.
I believe this year will be a productive year for Missouri and I am greatly looking forward to the coming months.


You can read my entire 3rd week capitol report HERE.
 
On Tuesday I filed HCR 9-  Missouri Says Audit the Fed.  HCR 9 is a resolution of Missouri to urge  our congressional delegation to get behind and pass the Federal Reserve Transparency Act  in Washington D.C. Soon, HCR 9 will be given to the Committee on Financial Institution for a hearing. If you would like to participate in this hearing by testifying in person or providing a written testimony please visit www.missourisaysauditthefed.com for more information.

What is the point of HCR 9?
The states used to take official positions on federal affairs all the time and our United States Senators  would represent those positions in Washington. Soon after 1913 and the ratification of the 17th amendment, the Senate began to act more like the U.S. House of Representatives by responding to the voters instead of the state governments.  Our system of checks and balances relies on the states being able to check the power of the federal government from time to time and vis versa. Recently the Federal Reserve was partially audited and the findings were jaw dropping to say the least. In a report released by the Government Office on Accountability, the American people have been made aware that the Federal Reserve Board of Govenors have created money to bail out domestic and foreign banks and businesses totalling TRILLIONS of dollars and nobody knew about it, not even Congress! AND THAT WAS JUST A PARTIAL AUDIT! According to Article I Section VIII of the United States Constitution, the United States Congress is supposed to maintain control over our monetary policy but how can they do this if they do not have the authority to conduct a full scale , top-to-bottom audit of the policies of the lending practices and other policies that are set by the Board of Governors of the Federal Reserve?

Does the Federal Reserve ever get audited? Yes, but they are usually routine audits that handle basic practices of administration etc. What we need is an audit that tells the United States Congress and the American people how much of our money is being printed and what banks, business and whoever else that money is being given to and at what cost to the American people. Congress needs to have the authority to conduct these kinds of audits.


If you haven't done so already, please go to www.missourisaysauditthefed.com and sign the petition to support HCR 9. This will also allow me to show the legislature how many people support this measure and it will also allow me to contact you to give you updates on progress and how you can help me.

Missouri will be the first to take a position to demand that the U.S. Congress pass the Federal Reserve Transparency Act but I need your help. PLEASE POST THIS on your face book page and help gather support!
 
Today was the first day of the 2012 legislative session! The legislature convened today at 12 o'clock noon and after a prayer and the pledge of allegiance to our flag, the Speaker of the House, Rep Steve Tilley, spoke for about fifteen minutes on policy and his personal experiences as a representative over the last eight years. Now the work begins -by that I mean the work it is going to take to keep the government small, from infringing on peoples' liberty and wasting their tax dollars!

Here are some of the bills that I will be working on over the next several months:
American Laws for American Courts
Prohibits the use of foreign law in Missouri court rooms if that law would deprive a citizen of a right that is protected under the United States Constitution and the Missouri Constitution.

Sound Money Act of 2012
This bill would allow the owners of U.S. minted gold and silver coins to place their coins into a depository and be issued a debit card to make purchases of goods and services but allow the depository to sell off the required amount of a depositors gold or silver in order to cover the cost of the purchase made with the debit card. There are many benefits to this bill including, but not limited too, allowing people to use the purchasing power gold and silver by monetizing U.S. minted gold and silver coins. People with gold and silver U.S. minted coins who would otherwise not make purchases in Missouri would deposit their coins in Missouri and enjoy the convenience being able to spend  against their value without cashing them, thus driving business to Missouri merchants. 

Missouri Says Audit the Fed!
This non-binding resolution would force Missouri to take a position on the Federal Reserve Transparency bill that are currently in Washington D.C.. The Federal Reserve has been in existence for almost a hundred years and has never had a full scale top-to-bottom audit of its board of governors. The Fed is responsible for the setting interest rates and also contributes to the rate of inflation as well as the different "bubbles" we see in the markets such as the housing bubble. In order to be in compliance with the United States Constitution, the Federal Reserve needs some oversight and congressional control.

The Family Business Growth Act
This bill would allow certain members of an employers family to opt out of workers compensation insurance but they would still be counted toward the total number of employees. This way, no one will be deprived of insurance benefits that they would have otherwise received. This bill will give some family businesses the opportunity to keep more of their own money and use it to hire new employees, increase production or put it to some other use.

Student Freedom Protection
This bill will protect students rights to record lectures or class proceedings in institutions of higher learning that in some manner receive public money so long as the student does not attempt to financially profit from such recordings.

I will be working on more bills as the session moves forward and I will be sure to keep this blog full of accurate and timely content.

Freedom Favors the Brave,
Paul Curtman