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Rand Paul and the Fed

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The following paragraphs were copied from the Blaze.
“Sen. Rand Paul (R-Ky.) told Senate Majority Leader Harry Reid (D-Nev.) Tuesday that he will move to block Dr. Janet Yellen’s nomination as the next Federal Reserve Chair unless the Senate votes on his legislation which allows the Fed to be audited.
“I am writing to convey my objection to floor consideration of the nomination of Dr. Janet Yellen to Chair the Board of Governors of the Federal Reserve without also considering legislation to bring much-needed transparency to the Fed,” Paul said in a letter to Reid.”
Auditing the Federal Reserve System would be a big step in bring the American people up to date on the nefarious actions of the Fed.
The Wilson administration put the Federal Reserve System in place in 1913 and it only took 16 years to cause the great depression.
Ben Bernanke publicly admitted to Milton Friedman before Mr. Friedman died that the Federal Reserve System caused the great depression. That admission can be found on YouTube.
The following quote is from Thomas Jefferson.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered."
In 1934, a staunch critic of the Federal Reserve System and former Congressman named Louis T. McFadden was assassinated by poisoning. Shots had been fired at him twice before.
The reputation of Senator Joseph McCarthy was destroyed after he started informing people of the fact that the World Bank and the International Monetary Fund, both subsidiaries of the Federal Reserve System, were funding the Soviet Union and communist China.



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