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IS THERE SOMETHING WRONG WITH AUDITING THE FED?

5 November 2009 by Cullen Roche 8 Comments

It’s truly astonishing that we can piece together a worthless and destructive housing tax credit bill and pass it in a few weeks, but we can’t piece together the no-brainer of all no-brainer bills in many months.  Of course, the powers fighting the Fed audit bill are the mighty of the almighty.  The Fed doesn’t want the public to understand that their boom/bust dollar destruction policies are entirely counterproductive (for the majority of U.S. citizens).  The one thing we have learned over the last 20 years is that an economy that recklessly prints money at every downturn and relies on the ingenuity of its bankers, is destined for failure.

This bill is an absolute no-brainer.  Auditing our government (even the arms of the government that claim to be independent) IS THE PRIMARY PURPOSE OF THE CITIZENRY.  We are not a democracy (or a representative republic) if government actions go entirely unaudited & unpunished.  The Federal Reserve has failed.  Alan Greenspan admitted that his models were flawed.  Why are they allowed to destroy our dollars and recklessly reflate asset prices as they please?  This is the ultimate sign that the banks continue to stronghold the U.S. economy and hold back the true potential of American capitalism. The banks own you through their ability to create money, control your assets and regulate your bank accounts. I wish this was a conspiracy theory, but this is our reality:

Thanks to ZH for this must see video:

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