Sunshine on the Federal Reserve
May 15th, 2009I’ve written many times about the evils of central banking, including our own central bank, the “Federal Reserve”.
Congressman Ron Paul has written a bill, HR 1207 - The Federal Reserve Transparency Act of 2009, that would go a long way to remedying some of our problems by (essentially) subjecting the Federal Reserve System to audits. As it stands we can’t even see how much of our inflationary bailout money (and credit) is going to whom, but this bill would fix that.
Anyway, the bill is getting serious momentum and now has 165 co-sponsors. If your Congressmen (not Senators) are still not on that list, please contact them and ask them to co-sponsor the bill. Here in Utah, both Jason Chaffetz and Rob Bishop have signed on as co-sponsors, so only Jim Matheson remains.
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