Audit the Fed

 

The year 2013 marked the 100th anniversary of the year that tyranny got its foothold in America.  This was the year that the 16th and 17th Amendments to the U.S. Constitution was ratified and the year that the Federal Reserve Act was passed.

The Federal Reserve (which is neither federal nor does it have a reserve) is the chief culprit behind the economic crisis. Its unchecked power to create unlimited amounts of money out of thin air has brought us the boom and bust cycle and caused one financial bubble after another. Since the Fed’s creation in 1913 the dollar has lost more than 96% of its value, and by recklessly inflating the money supply the Fed continues to distort interest rates and intentionally erode the value of the dollar.

For the past 20 years, patriots like Ron Paul and Bernie Sanders have worked tirelessly to bring much-needed transparency and accountability to the secretive bank, but now, Congressman Ron Paul is gone and there’s no one to champion. In 2009 Congressman Paul’s unfaltering dedication showed astonishing results: HR1207, the bill to audit the Federal Reserve, swept the country and made the central bankers shudder at their desks. The bill passed as an amendment both in the House Financial Services Committee and in the House itself.

But the usurpers of America’s future won’t take it lying down. They don’t want their secrets exposed and their magic money machine put under close scrutiny. At this very moment, they are working frantically behind the scenes to quietly derail all efforts to open up the Federal Reserve independent audit.

A handful of Fed-loving U.S. Senators led by Chris Dodd rewrote the Senate version of the Financial Reform Bill to strip out the “Audit the Fed” amendment and actually expand the Fed’s power over banks, lending and money.

With such reckless antics and unchecked funneling of money inflating the money supply and being kept secret in the hands of a privileged few, we need to audit the Federal Reserve and we need to end the Federal Reserve and restore those duties to Congress where monetary policy will be transparent and fair for all to see!

 

According to the Constitution Party Platform:

“The Constitution Party recommends a substantive reform of the system of Federal taxation. In order for such reform to be effective, it is necessary that these United States:

* Return to the money system set forth in the Constitution;

* Repeal the Federal Reserve Act, and reform the current Federal Reserve banks to become clearing houses only; and

* Prohibit fractional reserve banking.

 

I would actually like to see the Federal Reserve abolished due to its unconstitutional nature.  I believe the first step towards doing this is to “AUDIT THE FED” so that people can really see what has been going on behind the scenes.  I believe transparency in all areas of government would help the people see what has been perpetrated against them.