“Representative Ron Paul has got some momentum behind his ‘audit the Fed’ bill. On both sides of the aisle. And for good cause: Why shouldn’t the people have access to the records of this secretive bank, the very bank with a monopoly to mint US coin?

Trillions of dollars of stimulus funds were routed to the Fed where, ultimately, they disappeared. No one knows where they went. Apparently, not even upper Fed management. This should be troubling, especially since during just one month (March, 2009) the Fed increased its System liquidity $2.2 trillion.

See the Fed’s minutes here:

They’ve also been using the money, allegedly, to not buy up toxic assets as they had promised, but to buy banks! The Fed is increasing its holdings while people like you and me are losing our homes!

Rather than giving all this money to a private bank, which has no obligation to disclose its operations to anyone – not even Congress – wouldn’t it make more sense to give funds directly to US Citizens? After all, these are our tax dollars. It’s our money to begin with. This enormous pile of cash could help struggling homeowners, buoy up new green energy businesses, and bring a revolution of real change (not merely turning the dollar into change) to bring economic stability to the world. Your share of the stimulus is well over $20,000. What would you do with that?

These are great questions…
AUDIT THE FED!!!
Jenny Hatch