Friday, March 20, 2009

Let’s Audit the Federal Reserve!!!

Ron Paul's bill to audit the Federal Reserve (HR 1207) now has 33 co-sponsors, and the numbers keep growing! If you haven't done so already, tell everyone you know to call and write their representative and ask that they support the "Federal Reserve Transparency Act H.R. 1207".

H/T to PJ at Smart Girl Politics


If you called before and if your representative is not listed as a co-sponsor, follow up and ask them to take a position either way so we all know where they stand on the issue of bringing transparency to the Federal Reserve.
Capitol Switchboard: (202) 224-3121

33 Cosponsors [as of 2009-03-19]
Rep Abercrombie, Neil [HI-1] - 2/26/2009
Rep Alexander, Rodney [LA-5] - 3/10/2009
Rep Bachmann, Michele [MN-6] - 2/26/2009
Rep Bartlett, Roscoe G. [MD-6] - 2/26/2009
Rep Blackburn, Marsha [TN-7] - 3/16/2009
Rep Broun, Paul C. [GA-10] - 2/26/2009
Rep Buchanan, Vern [FL-13] - 3/17/2009
Rep Burton, Dan [IN-5] - 2/26/2009
Rep Castle, Michael N. [DE] - 3/17/2009
Rep Chaffetz, Jason [UT-3] - 3/6/2009
Rep DeFazio, Peter A. [OR-4] - 3/9/2009
Rep Duncan, John J., Jr. [TN-2] - 3/6/2009
Rep Fleming, John [LA-4] - 3/18/2009
Rep Foxx, Virginia [NC-5] - 3/10/2009
Rep Garrett, Scott [NJ-5] - 3/5/2009
Rep Grayson, Alan [FL-8] - 3/11/2009
Rep Heller, Dean [NV-2] - 3/6/2009
Rep Jones, Walter B., Jr. [NC-3] - 2/26/2009
Rep Kagen, Steve [WI-8] - 2/26/2009
Rep Kingston, Jack [GA-1] - 3/6/2009
Rep Marchant, Kenny [TX-24] - 3/11/2009
Rep McClintock, Tom [CA-4] - 3/6/2009
Rep Petri, Thomas E. [WI-6] - 3/10/2009
Rep Poe, Ted [TX-2] - 2/26/2009
Rep Posey, Bill [FL-15] - 2/26/2009
Rep Price, Tom [GA-6] - 3/10/2009
Rep Rehberg, Denny [MT] - 2/26/2009
Rep Rohrabacher, Dana [CA-46] - 3/6/2009
Rep Stearns, Cliff [FL-6] - 3/6/2009
Rep Taylor, Gene [MS-4] - 3/6/2009
Rep Wamp, Zach [TN-3] - 3/16/2009
Rep Woolsey, Lynn C. [CA-6] - 2/26/2009
Rep Young, Don [AK] - 3/6/2009

Dear Representative,
Please co-sponsor and/or support H.R.1207, an effort to audit the Federal Reserve.
Recently, it has come to light that there is little to no accountability to the people on the part of the Federal Reserve. While the citizens of this country are required by law to give an accounting of every penny they come in contact with, the Federal Reserve has never been held to the same standard. During this time of extreme economic crisis, the people deserve an accounting of where our money is going.
Currently there are 11 co-sponsors for this legislation, and it is enjoying bi-partisan support. Your efforts in supporting this important legislation would go a long way in proving to your constituents that you not only hold the Federal Reserve to the same standard as you do your constituents, but it would also show that you believe in transparency. Anything less than support for this resolution suggests that you are in favor of secrecy and a lack of accountability to the people who pay the bills. We pay the tab; we have a right to know where our money is going.
Unlike recent bills that you voted in favor of that had hundreds of pages and just a few hours to read, this bill can be read in under 5 minutes. I encourage you to take the time to read it, and then move to support it.
Thank you in advance for your attention on this important legislation. I have every expectation that you will do right by your constituents and support this measure.

Read the bill and Ron Paul's statement introducing the bill.
Tell others about this page which is continually being updated with the latest information.


  1. This is great idea. The FED is one of the main reasons why we are in this economic mess along many. But, if we can take care of the FED it is one last last issue.

    I believe the FED should be ended but the last President that tired that was Reagan and the FED retaliated.

  2. It's been tried many times in the past. The Fed just refuses to comply. The most powerful men in the world control the Fed.

    The owners of the 12 Central Federal Reserve Banks are:

    - Rothschild Bank of London
    - Rothschild Bank of Berlin
    - Lazard Brothers of Paris
    - Israel Moses Seif Banks of Italy
    - Warburg Bank of Amsterdam
    - Warburg Bank of Hamburg
    - Lehman Brothers of New York
    - Kuhn Loeb Bank of New York
    - Goldman, Sachs of New York
    - Chase Manhattan Bank of New York

    All in all, there are about 300 very powerful foreign individuals who own the FED through ownership of the above-listed banks and investment houses.

    Theoretically, the FED is required to give back most of its profits to the Treasury Department but there is no organization that has the power to audit the FED (not even the Congress or the IRS). Therefore, there is a huge opportunity for "creative accounting" to hide and deny the profit to which the U.S. taxpayers are entitled, which amounts to hundreds of billions of dollars annually.

    A few Republican congressmen annually introduce legislation to audit the FED and, every year, the legislation is defeated. The owners of the FED are an extremely powerful, invisible lobbying power.