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Key Vote

Key Vote YES on the Paul Amendment to S. 2155 to Audit the Federal Reserve

On behalf of our activist community, I urge you to contact your and senators and ask them to vote YES on the Paul amendment to the Economic Growth, Regulatory Relief, and Consumer Protection Act, S. 2155, to audit the Federal Reserve. The text of the amendment is the Federal Reserve Transparency Act, S. 16, sponsored by Sen. Rand Paul (R-Ky.).

The Federal Reserve, which currently operates under a veil of secrecy and the myth of independence, wields immense power over the United States’ economy, and many economists cite the central bank’s loose monetary policy as playing a major role in the 2007-2008 financial crisis. Americans deserve to know the logic behind the Federal Reserve’s decisions, and the Paul amendment would open its books to Congress.

The Paul amendment instructs the Comptroller General of the United States, who serves as the director of the Government Accountability Office (GAO) to complete an audit of the Federal Reserve within 12 months of its enactment. A report of the findings of the audit would be required within 90 days of its completion.

The amendment would require the Federal Reserve to provide information to the GAO, currently excluded from audits under 31 USC 714(b), including discussions between the Federal Reserve and the Treasury Department, as well as transactions with foreign banks.

Nearly three-quarters of Americans support an audit of the Federal Reserve. Moreover, the president has expressed support for an audit of the central bank. For these reasons, I urge you to call your senators and ask them to vote YES on the Paul amendment to the Economic Growth, Regulatory Relief, and Consumer Protection Act, S. 2155. FreedomWorks will count the vote on our 2018 Congressional Scorecard. The scorecard is used to determine eligibility for the FreedomFighter Award, which recognizes Members of the House and Senate who consistently vote to support economic freedom and individual liberty.

Sincerely,

Adam Brandon, President, FreedomWorks

1 comments
Lt. Travis OHMM's picture
Mike Travis
03/21/2018

An audit of the Fed, if it ever occurred, would be pointless for the following reasons.
1. It is NOT an agency of the US government.
2. It is a private bank.
3. None of its stock is held by the US government or any department thereof.
4. They run double entry bookkeeping.
5. They are a complete fraud printing money out of thin air which they then "loan" to the Treasury department which must repay it with interest, essentially becoming a fraudulent money making machine whereby they "earn" trillions for doing absolutely nothing, unless you call stealing trillions doing something.
6. Even if a law is passed demanding an audit, they can ignore it as they own every person and everything in the USA since the national debt is owed to them, and it is secured by everyone and everything in the USA. Yes, the land, you, and everything else in the country is collateral for the "national debt" which is the debt the US Corporation owes to the Federal Reserve. After all, the fed IS a bank and they would not loan trillions to a corporation without collateral, so the US corporation pledged their "full faith and credit" which meant you and everything else in the country.
7. The Federal Reserve Note is not money at all. It is a debt which is why it is called a "note". It is also why they can confiscate all of your "dollar", meaning FRN assets at the time of their choosing.
All of this is factual information you can verify, starting with the Federal Reserve Act of 1913 whereby congress knowingly, intentionally, and unconstitutionally created the federal reserve.

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