Shannon Beauford - Dreamstime.com
With the economic downturn of the last several years, many Americans have become more concerned with financial matters and the government’s involvement in the economy. Most people are concerned about interest rates and inflation. In this political climate, the H.R. 1207 bill to audit the Federal Reserve is gaining tremendous momentum. Introduced by Congressman Ron Paul (TX), this bill would require a full audit of the otherwise secretive Federal Reserve. Although the president appoints key directors, the Fed is still a semi-private institution. A full audit would give more insight as to what the Federal Reserve has been doing in recent years. The bill has been steadily gaining co-sponsors and currently has a total of 276 representatives who have signed on as such. Every single Republican is a co-sponsor, as well as a large number of Democrats. Such a bill, if passed, would be a great step in requiring that those in charge of economic decisions be held accountable for their actions. Greater transparency in government is something that almost everyone supports.
If you would like to read the text of the bill, check out Congress’ website, which has the full text of the proposed legislation. A related bill has been introduced in the Senate; it is known as S 604. The Campaign for Liberty website has a great tool for checking to see who your local congressman and/or senator is and provides the necessary information to e-mail or contact your political representatives in order to take action.
Comments
Good god people, get off your butts and call your congressmen if they have not yet cosponsored this bill. This is the SINGLE MOST IMPORTANT BILL THERE IS, PERIOD.
The Fed is running scared! They know HR1207 would show where the money has been flowing- mostly through Goldman Sachs and out to foreign banks.
Laura is right, you apathetic apes. this is our time to stand up and be counted. do not ASK your congressman,, TELL him/her. government BY the people. GET INVOLVED!!!!
There is hope for our country! Due to energy and growth issues that take a lot of time to learn, we are in a situation where we will have to issue our dollars without debt. Our debt based monetary system, where all money is owed to the private bankers at the Federal Reserve, is incompatible with the several decades of non growth that we face. Learn more (a lot more) by watching the life awesome DVD/Web video by "Crash Course" at www.chrismartenson.com.
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