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Will finally the private Federal Reserve be audited?

by Marvin J. Ramírez

Marvin  J. RamírezMarvin J. Ramírez

The outcry is getting very loud: “Audit the Federal Reserve and jail the criminal bankers behind it.”

A bill that will finally expose the secret dealing of the banksters behind the Federal Reserve is getting an unprecedented support in the Congress.

It is a bill that we all need to support. This is the bill that will change our lives. It will expose all the corruption that have been perpetrated by the controllers of the economy, the one who influence election results, the ones who provide the funds to create wars and depressions, the one who made possible to place the beautiful United States for the richest and most powerful nation in the world, to the most indebted country on Earth.

On the week of February 23, 2009, Congressman Ron Paul, a 2008 Presidential Candidate, after the Feds enhanced its transparency and accountability, he offered a more radical approach: “People are demanding answers and explanations for our economic malaise, and we should settle for nothing less than the whole truth on monetary policy.”

And then he announced: “The first step is to pass legislation I will soon introduce requiring an audit of the Federal Reserve so we can at least get an accurate picture of what is happening with our money. If this audit reveals what I suspect, and Congress has finally had enough, they can also pass my legislation to abolish the Federal Reserve and put control of the economy’s lifeblood, the currency, back where it Constitutionally belongs.

If Congress refuses to do these two things, the very least they could do is repeal legal tender laws and allow people to choose a different currency in which to operate. If the Fed refuses to open its books to an audit, and Congress refuses to demand this, the people should not be subject to the whims of this secretive and incompetent organization.”

As his next step, Dr. Paul introduced the new bill on February 26, the “Federal Reserve Transparency Act of 2009,” H.R. 1207. The purpose of this act is “To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.”

Although this description of H.R. 1207 is quite vague, Ron Paul made this bill’s intent and expected impact very clear in his speech to the Conservative Political Action Conference (CPAC) on Friday, February 27. To see the bill, here’s the link: http://thomas.loc.gov/home/gpoxmlc111/h1207_ih.xml.

To the people of thUnited States: We must end the Feds. Tell our Congress representative to support it. It’s the only way to save our nation.

(JBS.org contributed to most of the content of this article).­

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