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Auditing the Federal Reserve is More Urgent Than Ever

gcampanella Wrote: Jul 24, 2012 3:57 PM
I wouldn't say never, people said 'never' to a lot of things. Look at how far the Marijuana legalization effort has come and look how far Audit the Fed itself has come, before Paul, NO ONE knew what that was, now everyone knows. To me that's a huge deal. Now people can simply find out what stance politicians have on that issue and they can crash and burn supporting it or do the right thing. Very powerful weapon given to us by Paul.

No government institution is more secretive than the Federal Reserve. Believe it or not, the Central Intelligence Agency (CIA) is more transparent than the central bank of the United States. This is a huge cause for concern as the Fed dramatically affects the lives of every single American.

The Fed has never been fully audited in its nearly 100-year history. The American people only got a small glimpse of what happens behind closed doors last July. A watered-down audit conducted by the Government Accountability Office (GAO) revealed $16 trillion in Fed bailouts to banks and corporations around the world at...