The House on Wednesday passed legislation to audit the Federal Reserve System.
Passed 333-92, the bill would require the comptroller general to conduct an audit of the Federal Reserve's board of governors and banks within one year and submit a report to Congress on the findings. A total of 106 Democrats joined all but one Republican in support of the measure.
Read the story below...but know this...the Senate is about as likely to pass this as they are a bill to reduce their salary... and this paragraph is indicative of government think in D.C...
Federal Reserve Chairwoman Janet Yellen has objected to the auditing proposal. At a February House Financial Services Committee hearing, Yellen said that while the Federal Reserve "should be transparent," such a measure would be "interfering with the independence of monetary policy, by bringing political pressures to bear on the committee’s judgment."
Janet....sweetie..the FED has no intention of being "transparent" and as far as this measure "interfering with the independence of monetary policy"? It would interfere with the banking cartel you guys are running. It's no different than a drug cartel except in that it can inflate away the wealth of the masses...Audit the FED??? I say freakin END THE FED NOW!!!
http://bit.ly/1wE2d66
Passed 333-92, the bill would require the comptroller general to conduct an audit of the Federal Reserve's board of governors and banks within one year and submit a report to Congress on the findings. A total of 106 Democrats joined all but one Republican in support of the measure.
Read the story below...but know this...the Senate is about as likely to pass this as they are a bill to reduce their salary... and this paragraph is indicative of government think in D.C...
Federal Reserve Chairwoman Janet Yellen has objected to the auditing proposal. At a February House Financial Services Committee hearing, Yellen said that while the Federal Reserve "should be transparent," such a measure would be "interfering with the independence of monetary policy, by bringing political pressures to bear on the committee’s judgment."
Janet....sweetie..the FED has no intention of being "transparent" and as far as this measure "interfering with the independence of monetary policy"? It would interfere with the banking cartel you guys are running. It's no different than a drug cartel except in that it can inflate away the wealth of the masses...Audit the FED??? I say freakin END THE FED NOW!!!
http://bit.ly/1wE2d66
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