75% Favor Auditing The Fed

According to a new Rasmussen Poll:

75% of Americans favor auditing the Federal Reserve and making the results available to the public.

Just nine percent (9%) of adults think that’s a bad idea and oppose it. Fifteen percent (15%) aren’t sure.
Over half the members of the House now support a bill giving the Government Accounting Office, Congress’ investigative agency, the authorization to audit the books of the Federal Reserve Board.

Support for the bill has grown now that the Obama administration is proposing to give the Fed greater economic regulatory powers. The Fed which sets U.S. monetary policy was created as an independent agency to keep it free of politically-motivated interference.

And yet the Fed’s lobbyists (yes, the Fed has its own lobbyists) and apologists seem to be working overtime lately to kill Ron Paul’s “Audit the Fed” bill, HR 1207, before it is brought to the floor for a vote. Why?

Why does a bill with the bipartisan support of over 274 House members and the overwhelming support of We The People continue to languish in committee? Who is afraid of what?

The time has come to expose the man behind the curtain. The Fed has been allowed to conduct its business in near total secrecy for almost 100 years. Almost a century of economic boom and bust and inflation such that the dollar has lost almost all of its 1913 purchasing power. It’s high time we found out what exactly is going on in those secrect chambers.

Urge your representative to get this bill out of committee and onto the House floor. There is no time to lose.

Explore posts in the same categories: Economy, Politics

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