Ron Paul: The American People Demand Transparency! Audit the Fed!

Ron Paul's Bil has nothing to do with reducing the independence of the Federal Reserve and everything to do with accountability. If the Fed and all of its supporters are against it being audited then there is even more urgency to getting regular audits accomplished.

This is the only person who was capable of turning this country around.

We as taxpayers must know what is being done in our name. The Federal reserve is not the National Security Agency and anyone that attempts to tell us that disclosure of the actions of the Fed would destroy market confidence is running a confidence game. Folks forget that the Fed was founded to protect the banks from depositor runs, not to protect depositors from banks. That is why the Fed is owned by its member institutions (the banks) and not by the government (we the people).

Call your congressmen and senators and get this done! Transparency my ass if they can't get this done. Its a about time someone stood up to them. To bad that last guy who stood up to them was shot in his motorcade in Texas.

Great to see Ron Paul on the tech ticker. Smart man.

Didn't vote for Ron Paul in the primaries, b/c I at first unfairly thought he was a flash in the pan. Yet, after I see this 111th Congress rubber stamping trillions in new spending while I see the inflation rising.an economy crumbling, and the dollar getting body slammed in Asia, I can't seem to draw any better conclusion on Paul's economic philosophy other than maybe he's on to something. This Congress and the president are mortgaging three generations of Americans. I think Paul clearly sees it coming. Obama and Congress seem to want Americans to believe that they are all victims, that they are helpless. He seems to want to exploit their dispair in order to render votes and gain power. Promising lots of $$$ to the poor is a great way to get votes, but is also a great way to drive capitalism and the fundamentals of what made America so great out the window -- shades of France. In the US 43% of Americans don't even pay taxes. So, what kind of a "Republic" is the US when the tax payers are clearly not being represented? Better yet, how can Obama cut taxes for 95% of Amrericans when only 57% are actually paying taxes? A: "Tax rebates" which are 100% tantamount to welfare, meaning Obama is being sneaky -- promising more handouts to voters that have never paid their fair share. Mix in gov't controlled health care, higher taxes on over-taxed corporations... how is this not Socialism? I would for one welcome an audit of all facets of gov't, starting with the Fed. Second on the list would be Treasury. Third would be a simple US gov't balance sheet forecast consensus from unbiased analysts of the US under Obama's spending plan... to put it into perspective http://blog.heritage.org/2009/04/20/obamas-spending-vs-obamas-spending-cuts-in-pictures/

"The Federal Reserve" is a misnomer. Who's really pulling the strings?

if not for treasonous woodrow wilson, the evil fed would never exist. let's abolish now rather than later

Didn't vote for Ron Paul in the primaries, b/c I at first unfairly thought he was a flash in the pan. Yet, after I see this 111th Congress rubber stamping trillions in new spending while I see the inflation rising.an economy crumbling, and the dollar getting body slammed in Asia, I can't seem to draw any better conclusion on Paul's economic philosophy other than maybe he's on to something. This Congress and the president are mortgaging three generations of Americans. I think Paul clearly sees it coming. Obama and Congress seem to want Americans to believe that they are all victims, that they are helpless. He seems to want to exploit their dispair in order to render votes and gain power. Promising lots of $$$ to the poor is a great way to get votes, but is also a great way to drive capitalism and the fundamentals of what made America so great out the window -- shades of France. In the US 43% of Americans don't even pay taxes. So, what kind of a "Republic" is the US when the tax payers are clearly not being represented? Better yet, how can Obama cut taxes for 95% of Amrericans when only 57% are actually paying taxes? A: "Tax rebates" which are 100% tantamount to welfare, meaning Obama is being sneaky -- promising more handouts to voters that have never paid their fair share. Mix in gov't controlled health care, higher taxes on over-taxed corporations... how is this not Socialism? I would for one welcome an audit of all facets of gov't, starting with the Fed. Second on the list would be Treasury. Third would be a simple US gov't balance sheet forecast consensus from unbiased analysts of the US under Obama's spending plan... to put it into perspective http://blog.heritage.org/2009/04/20/obamas-spending-vs-obamas-spending-cuts-in-pictures/

what are you going to find, that more people are stealing from us? We can just guess at that one.

Didn't vote for Ron Paul in the primaries, b/c I at first unfairly thought he was a flash in the pan. Yet, after I see this 111th Congress rubber stamping trillions in new spending while I see the inflation rising.an economy crumbling, and the dollar getting body slammed in Asia, I can't seem to draw any better conclusion on Paul's economic philosophy other than maybe he's on to something. This Congress and the president are mortgaging three generations of Americans. I think Paul clearly sees it coming. Obama and Congress seem to want Americans to believe that they are all victims, that they are helpless. He seems to want to exploit their dispair in order to render votes and gain power. Promising lots of $$$ to the poor is a great way to get votes, but is also a great way to drive capitalism and the fundamentals of what made America so great out the window -- shades of France. In the US 43% of Americans don't even pay taxes. So, what kind of a "Republic" is the US when the tax payers are clearly not being represented? Better yet, how can Obama cut taxes for 95% of Amrericans when only 57% are actually paying taxes? A: "Tax rebates" which are 100% tantamount to welfare, meaning Obama is being sneaky -- promising more handouts to voters that have never paid their fair share. Mix in gov't controlled health care, higher taxes on over-taxed corporations... how is this not Socialism? I would for one welcome an audit of all facets of gov't, starting with the Fed. Second on the list would be Treasury. Third would be a simple US gov't balance sheet forecast consensus from unbiased analysts of the US under Obama's spending plan... to put it into perspective http://blog.heritage.org/2009/04/20/obamas-spending-vs-obamas-spending-cuts-in-pictures/ Write and call your Congressman! GET THIS BILL PASSED!!!

Absolutely. Wall street banks have the benefit of unlimited captial access from FED, which is pumping money that is going to be taxpayer losses at the end. FED has to be audited and made public about its actions. If Goldman, JPM and wallstreet can make that kind of mney with he help of FED and FDIC backed( taxpyear backed) debt, then they don't deserve to pay the bonuses. It belongs to taxpyers. They have to pay the profit to the Government/taxpyers as long as they have such support. It looks like a biggest corporate scandal to me

Say this does pass and we do audit the fed. Then what, does the power shift to Senators to control the Fed? That to me is like having the fox watch the hen house or so the saying goes. Is this just a shell game? What do we want out of this in the end?

Audit the Fed? Who would buy T bills if they knew the true state of americas finances? Dream on.

On the economic front Ron Paul is dead on correct. The others only have wishful thinking and always deny reality. The problem is on international issues the roles reverse and Ron Paul denies reality. It's a shame since if he would change his isolationist views he could be the complete package

he may be the only person that can save this country but he can't do it alone.

YES! Show what they are hiding!

Why are they against audits? What are they hiding? Must be something there to have such a backlash against an audit within the banking and financial communities. Their secrecy can no longer be tolerated. We need accountability now!

Audit the Fed? Who would buy T bills if they knew the true state of americas finances? Dream on.

A department analyst said the drop in new claims didn't point to improvements in economic conditions. The second straight weekly decline reflected problems adjusting layoffs for temporary shutdowns at General Motors and Chrysler plants to retool for new models. The unadjusted figures actually showed that new claims rose by 86,389 last week, which would push the total to 667,534.------------- Get all excited over the recovery you dumb azzes because Obama tells you all is good with hope and change. Never underestimate the stupidity of the American voter.