Friday, January 28, 2011

Ron and Rand Paul Introduce “Audit the Fed” Legislation

It's about time somebody did it.

"The Federal Reserve cherishes its privacy and has fought tooth and nail to keep it. Nevertheless, its ability to shower greenbacks on favored corporations and foreign banks may soon be drawing to a close thanks to the 2010 elections.

On January 26 the father-and-son team of Rep. Ron Paul (R-Texas) and Sen. Rand Paul (R-Ky.) “introduced companion legislation in both chambers of the United States Congress to require a full and thorough audit of the Federal Reserve,” according to Business Wire. Officially titled the Federal Reserve Transparency Act of 2011, the House and Senate versions of the bill are numbered H.R. 459 and S. 202, respectively."

Ron and Rand Paul Introduce “Audit the Fed” Legislation

2 comments:

Anonymous said...

Yah, that'll fly.

Anonymous said...

Murray sez:
How many times has this been tried and failed?