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Audit the Fed!

+++UPDATE (7/19): House Republicans have just announced that "Audit the Fed" will be voted on in the House of Representatives on July 24, 25, or 26.+++Since its creation in 1913, the Federal Reserve has been responsible for the 95% loss in value of the U.S. dollar. In this economic crisis, the Fed has been responsible for over $14 trillion in bailouts and loans to undisclosed institutions, and it has participated in bailouts of foreign central banks and governments to the tune of $16 trillion.

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Blog

Audit the Fed!

+++UPDATE (7/19): House Republicans have just announced that "Audit the Fed" will be voted on in the House of Representatives on July 24, 25, or 26.+++Since its creation in 1913, the Federal Reserve has been responsible for the 95% loss in value of the U.S. dollar. In this economic crisis, the Fed has been responsible for over $14 trillion in bailouts and loans to undisclosed institutions, and it has participated in bailouts of foreign central banks and governments to the tune of $16 trillion.

06/18/2012