Tuesday, June 16, 2009
Audit the Federal Reserve
Congressman Ron Paul from Texas created HR 1207, which is an "Audit the Fed bill." This bill requires full transparency from the Federal Reserve for the first time in history by removing all restrictions from Government Accountability Office (GAO) audits of the Fed and Mandating an audit by the end of 2010. If you think that there is no valid reason to audit the Fed please view the following interview between Rep Alan Grayson and the Federal Reserve Inspector General. The interview took place in May and I am surprised by the number of people who have not seen it.