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Ron Paul, Bill to Audit the Fed
Ron Paul has introduced H.R.1207: Federal Reserve Transparency Act of 2009 to Congress and it's been referred to the House Committee on Financial Services. According to Campaign for Liberty, "The Fed has so far resisted attempts to provide information on how it is spending the bailout money and currently dictates how accountable it will be to Congress. Since its creation in 1913, the Fed's control of money and credit in this country has resulted in a 95% devaluation of our dollar and the piling up, just in the last year, of almost $10 trillion in bailouts and loans."
You can read the whole bill in less than five minutes! Unlike the stimulus and omnibus, this one is short and doesn't include any pork!
The Campaign for Liberty has a series of links on sound money for an alternative to the Federal Reserve System that can be found here. George Selgin at West Virginia University has a podcast with Russ Roberts at George Mason University about free banking that can be found here.

November 8, 2009 - 12:13am
That is a good idea. I will support the petition is there were one. The Fed has been gaining too much authority. New hiphop songs Miami
October 27, 2009 - 2:54am
Something very good i must say all the visualization are very good liked the way its been presented.. Well done mate. Online High School Diploma AND Online GED AND Homeschool Online
October 27, 2009 - 2:54am
Raising taxes is not advisable nowadays because the people are still "recovering". What we need now is good governance with unconditional aid especially to the needy. Online Accredited High School AND Adison High School
October 21, 2009 - 10:04pm
One of the biggest and most important institutions in the world, also need to be audited. There is just time to be more open to the people. WE do need a better system. advertising |jobs |walk in tubs
October 15, 2009 - 3:49am
I won the primary based largely on my populist Green message: I believe that now is the time to communicate to Americans that we must organize and wage political war on the banks, who have been at war against the working and middle classes for decades. From ATM fees and overdraft fees to predatory mortgages, the major corporate banks in the United States have continually preyed on the most vulnerable members of our society. Let's fight back: First and foremost by ending the bankster bailouts and by fighting to reverse already approved bailout appropriations.
May 9, 2009 - 4:19am
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May 1, 2009 - 10:41am
October 15, 2009 - 3:49am
It is estimated the FED can buy our currency for approximately .04 per note while charging the taxpayer usury, and other interest at note face value, so if the government is buying $100 dollar bills today, the at cost .04 debt note is costing us the taxpayer $200. Is this really the way we want to continue living as slaves to international banking interests.
April 18, 2009 - 5:52pm
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