HR 1207: Ron Paul Is Correct

Proposed bill HR 1207, called the Federal Reserve Transparency Act, would allow an audit of the Federal Reserve. This bill needs more co-sponsors and clear bipartisan support.

This bill would remove the restriction upon the Federal Reserve to reveal fiscal information. Up to this point there is no lawful way to audit or monitor the Federal Reserve.

Rep. Ron Paul originally proposed HR 877 in 1983, a bill that would allow the GAO (General Accounting Office) to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee and the federal banks and branches themselves.

With its power and influence, the Federal Reserve must be examined. Couldn’t you say or at least infer that the Fed Chair has, in many cases, just as much power or more than anyone sitting in the President’s chair?

Let your voice be heard. The US Capital switchboard: 1 (877) 851-6437.

This is simply common sense.

Why the secrecy?

BZ

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10 thoughts on “HR 1207: Ron Paul Is Correct

  1. Concur. He can be from a planet not my own, but on this issues I have to agree with him.

    Mr Obama may inadvertently have pushed the secretive Fed cat out of the bag by insisting on his disastrous fiscal policies. Exposure to the light of day is needed.

    BZ

  2. Review:

    You’ll be hooked in five minutes. Reads like a detective story – which it really is. But it’s all true. This book is about the most blatant scam of all history. It’s all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity.

    Creature from Jekyll Island is a “must read.” Your world view will definitely change. You’ll never trust a politician again – or a banker.

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