Tuesday, October 27, 2009

Audit the Federal Reserve

Today, nearly 13 TRILLION in taxpayer dollars in bailouts and loans has been agreed to by Congress, the Bush and Obama Treasury Departments, and the out of control Fed.

Whether it's watching a phony "stimulus" package get rammed into law or watching Congress pass a $700 BILLION bank "bailout" under threat of martial law, the American people are agitated and increasingly angry.

As I know you're aware, the Federal Reserve is shrouded in secrecy. Their meetings are off-limits to the public. Their inner workings are off-limits to the public.

And just recently, the Federal Reserve told Congress "NO WAY" when asked to account for $2 TRILLION in taxpayer-backed loans!

Well, why do you think they refused?

They know coming clean with Congress and the American people on how they doled out that two TRILLION dollars would result in an anti-Fed firestorm.

So can you imagine the impact of a full-scale audit? You and I will finally be able to show the American people that the Federal Reserve System leads to:

  • Constant economic crises -- the housing crisis and the resulting chaos is just one example of an economic bubble created by centrally-planned interest rates and money manipulation;

  • The destruction of the middle class -- as fuel, food, housing, medical care and education costs soar, everyone who is NOT on the government dole is forced to make do with less as the value of their money slowly decreases;

  • Currency destruction -- history shows us that riots, violence and full-scale police states can result when people finally realize our money isn't worth the paper it's printed on and REFUSE to accept it.

And unless you and I do end the madness in Washington, D.C., we may be closer than we'd like to think to learning that history lesson firsthand -- right here in our own streets.

It's time you and I put a stop to a renegade Federal Reserve by exposing the Fed's out of control actions to the American people. And Congressman Ron Paul and Senator Jim DeMint have a bill before Congress to do just that, known as the "Audit the Fed" Bill (HR 1207 and S 604).

Sign the petition here.

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