Thanks to HumanEvents.com
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I agree with Judge Andrew Napolitano, who said last week, "We know more about the CIA than we do about the Federal Reserve."
The Federal Reserve is the Freemasonry of government agencies. It is a virtual secret society unto itself -- a group of unelected brokers who hold the value of our dollar in the palms of their hands. This one agency, with its power to raise and lower interest rates, has exercised more control over the economy than any other government body. So with that type of single-handed power, why should we be surprised that the U.S. Senate blocked a bill last week to audit the Federal Reserve? 'Tis true! Rep. Ron Paul and more than half of his colleagues in the House co-sponsored the Federal Reserve Transparency Act, HR 1207, which they hope to have hearings on soon. On the Senate side, Sens. Jim DeMint, Mike Crapo and David Vitter co-sponsored S 604, companion legislation introduced by Bernie Sanders. But it was stopped cold before even being introduced on the floor on "procedural grounds." So why does this federal agency need a complete auditing? It's very simple: America is in the worst economic situation since the Great Depression; the value of the dollar is tanking on the world market; and the Federal Reserve wields the greatest power to control it, with virtually no accountability -- let alone that the American people and even Congress have virtually no knowledge of what those inside are doing day to day. | |||||
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