Audit the Fed, Then End It! 5/18/09

Ron Paul's HR1207 to audit the Federal Reserve is gathering steam, and a companion bill has been introduced in the Senate (S604). This is Dr. Paul Texas Straight Talk for May 18, 2009.



There is now a piece of legislation HR1207 which if passed would make the Federal Reserve have to report, and be accountable to Congress, something they are not required to do now. A few days ago the Fed purchased 7 billion dollars of Treasury Bonds. Who gave the Fed jurisdiction to spend money which is now the debt of the taxpayers of the United States? The Federal Reserve has become a forth branch of the Federal Government, only without any of the checks & balances or the accountability to the American people. The American Taxpayer is now on the hook for a debt run up by the government, which threatens to make every American a virtual slave for generations to come. Government is no longer controlled by the citizens but by Goldman Sachs. We need to demand an end to the robbery of the people to the enrichment of the Bankers and the Wall St. Barons.

http://www.house.gov/paul
http://CampaignForLiberty.com

The Federal Reserve needs to be abolished, but short of that they need to at least be answerable to the Congress. How is your representative going to vote on HR1207? If you don't know, you should. Now more than ever, if you are not part of the solution, you are part of the problem.