The Federal Reserve Is, and Always Has Been, Politicized

auditRon PaulAudit the Fed recently took a step closer to becoming law, when it was favorably reported by the House Committee on Oversight and Government Reform. This means the House could vote on the bill at any time. The bill passed by voice vote without any objections, although Fed defenders did launch hysterical attacks on the bill during the debate as well as at a hearing on the bill the previous week.

One representative claimed that auditing the Fed would result in rising interest rates, a stock market crash, a decline in the dollar’s value, and a complete loss of confidence in the US economy. Those who understand economics know that all of this is actually what awaits America unless we change our monetary policy. Passing the audit bill is the vital first step in that process, since an audit can provide Congress a road map to changing the fiat currency system.

Another charge leveled by the Fed’s defenders is that subjecting the Fed to an audit would make the Fed subject to political pressure. There are two problems with this argument. First, nothing in the audit bill gives Congress or the president any new authority to interfere in the Federal Reserve’s operations. Second, and most importantly, the Federal Reserve has a long history of giving in to presidential pressure for an “accommodative” monetary policy. Continue reading

TTV Founder shares update on Forensic Audit of the Voting System [Video]

Catherine Engelbrecht – Thank you to everyone who has written in to let us know you support our efforts and are willing to jump in and help with the audit project! As I mentioned in the video, we are working with a number of independent researchers who can navigate the twists and turns inside of massive datasets, but there’s still a lot of important information that’s best examined at the local level. So – very soon we will launch State Taskforces to connect with volunteers on state specific initiatives. It’s going to be great!

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