
Judge Andrew Napiliotano is quoted as saying: "We know more about the CIA than we do about the Federal Reserve."
The Federal Reserve is the most secret of government agencies – a group of appointed bankers who control the value of our dollar and with its power to raise and lower interest rates, it has more control over the economy than any other agency.
With that type of solitary power, should we be surprised when the U.S. Senate blocked a bill last week to audit them? Ron Paul, the U.S Congressman from Texas’ 14th District, along with more than half of the House cosponsored the Federal Reserve Transparency Act, HR 1207, a bill that would audit the Fed. The Senate, with Sens. Jim DeMint, Mike Crapo and David Vitter cosponsoring S 604, companion legislation introduced by Bernie Sanders, was D.O.A., before even being introduced, on procedural grounds.
Why didn’t the U.S. Senate support an audit of the Federal Reserve? Would it have anything to do with the Administration’s writing blank checks to bailout all the “too big to fail” banks and other institutions?
Judge Napolitano is quoted as saying: "The Obama administration doesn't want the Federal Reserve audited, and it now wants to put the power to regulate all financial institutions – banks, insurance companies, brokerage houses – into the hands of this super secret bank. What are they afraid we might see if we get a chance to look at their books?"
How about the buying of mortgage-related debt and Treasuries? How about the relationship between Goldman/Sachs and the fed’s Chairman and Board of Governors? How about … well … you get the picture … where is the truth when you need it? Lying on the ground bleeding and dying a horrible death … just like our economy … we need some answers and some straight talk; not a group of power-brokers who, literally, have no one to answer to and more control over our economic conditions than anyone else. Aw well … just sayin’ …
May our friends respect us, trouble neglect us, angels protect us and heaven accept us.