The Fed must be audited, now.
By Daniel at 15 March, 2009, 10:15 pm
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The Fed pumps trillions of dollars in fiat currency into a system already overloaded by the massive amount of dollars committed to the economic bailouts in recent months.
This totals more than the New Deal, Iraq war, 1980’s S&L scam, the Korean war combined.
Congress, the Treasury, and the Federal Reserve have agreed to $9.7 tillion in taxpayer dollars.
Recently, the Federal Reserve has refused to account for $2 trillion in loans. The suspicion being that the Federal Reserve knows coming clean and being audited would result in a sharp rise in anti-Fed sentiment.
The Federal Reserve leads to…
Constant Economic crises - the housing crisis and the resulting chaos is just one example of an economic bubble created by centrally-planned interest rates and money manipulation.
Destruction of the Middle Class - as fuel, food, housing, medical care and education costs soar, everyone who is not employed by the government is forced to make do with less as the value of their money slowly decreases.
Currency Destruction - riots, violence, and full-scale police states can result when people finally realize fiat money isn’t worth the paper it’s printed on and refuse to accept it.
The Federal Reserve must allow a full audit by the people to account for the trillions taken from the U.S. Treasury (taxpayers, citizens).
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