They Can Audit You, But You Can't Audit Them

Congressman Ron Paul is leading a brigade to force an audit of the Federal Reserve.

I rise to introduce the Federal Reserve Transparency Act. Throughout its nearly 100-year history, the Federal Reserve has presided over the near-complete destruction of the United States dollar. Since 1913 the dollar has lost over 95% of its purchasing power, aided and abetted by the Federal Reserve’s loose monetary policy. How long will we as a Congress stand idly by while hard-working Americans see their savings eaten away by inflation? Only big-spending politicians and politically favored bankers benefit from inflation.

You can read more about Paul's bill here.

Sponsor

Rep. Ronald Paul [R-TX]

Cosponsors

Rep. Lynn Woolsey [D-CA]
Rep. Ted Poe [R-TX]
Rep. Walter Jones [R-NC]
Rep. Roscoe Bartlett [R-MD]
Rep. Steve Kagen [D-WI]
Rep. Dan Burton [R-IN]
Rep. Bill Posey [R-FL]
Rep. Dennis Rehberg [R-MT]
Rep. Paul Broun [R-GA]
Rep. Neil Abercrombie [D-HI]
Rep. Michele Bachmann [R-MN]

The Federal Reserve has unbelievably dictatorial and shadowy powers. There is a purposeful destruction of our currency by this organization, and it is long past time that the Federal Reserve is audited.

Here's a rather lengthy (but very informational) video clip of Rep. Paul presenting his case for the audit bill:



The devaluation of our currency-- sure to happen if things continue on their present course-- will destroy our economy. It will COLLAPSE. The Keynesian economy theory is a linear system- there is an end. The longer we allow this end to drag on, the harder the fall will become. The Federal Reserve must be stopped.