House Votes To Audit The Federal Reserve

House Votes To Audit The Federal Reserve

The House overwhelmingly voted to audit the Federal Reserve last week by a margin of 333 to 92. The Federal Reserve, which is neither ‘federal' nor a ‘reserve' has been the primary vehicle by which central bankers have exerted control over the government and society since its inception in 1913.

But, is this this a step forward in freeing the population from the control of central bankers or just another deception?

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House Votes To Audit Federal Reserve

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“The Federal Reserve is an independent agency and that means basically that there is no other agency of government which can overrule actions that we take,” Alan Greenspan stated, admitting that the Federal Reserve is ‘above the law'.

The overwhelming vote by the House to audit the Federal Reserve comes as a promise that our country will be free of the influence of a few private bankers. It has been insane that we've allowed our country's monetary system to be controlled by private individuals.

Congressman Ron Broun statement of the H.R. 24, the ‘Audit the Fed’ Bill :

“Today’s passage of the Audit the Fed bill brings us one step closer towards bringing much-needed transparency to our nation’s monetary policy. For the past 100 years, the Federal Reserve, a quasi-government agency, has acted under a veil of secrecy – controlling our monetary policy and thus, our economy. While in recent years, the Fed has been granted a greater role in overseeing the regulation of our financial system, current law specifically prohibits audits of the Federal Reserve’s deliberations, decisions, or actions on monetary policy. This lack of accountability and transparency has led to grievous consequences – and it must end.

Sounds great. However, it's long admitted that the ultimate goal of the ruling class is to have a ‘one world order', a mantra spoken by several past Presidents and other powerful leaders.

In this time of deception, one must ask if this seemingly positive move isn't just another ruse.

The audit, if correctly done, will certainly show great corruption and treason.

The main means by which a population is deceived by the ruling class is that they create a problem, with the solution being on their preconceived agenda.

We audit the Federal Reserve, everyone agrees that it's too corrupt to exist, the system comes down and a new one rises to take its place, sold to us with a spoonful of sugar that disguises the loopholes that will allow their control yet again.

The Fed has been subject to annual audits since the late 1970s, and the Dodd-Frank bill of 2010 called for a closer look at the billions of dollars of federal debt the Fed has bought in response to the Great Recession. But the sponsor of the bill, Rep. Paul Broun (R-Ga.), said an even closer look is needed given the steady decline of the dollar over the last several decades.

“Since the Federal Reserve’s establishment in 1913, the value of the U.S. dollar has fallen 95 percent,” he said Tuesday. “In other words, the value of today’s dollar is approximately worth one nickel of what a dollar was worth in 1913.”

“What this does is cause a dramatic decline in the value of the U.S. dollar, and it is driven by the easy money policies of the Federal Reserve,” he said. “What does this mean in practical terms for the American people?”

Broun said that while the Fed has operated in secrecy, more needs to be known about its monetary policy decisions given how much they affect people.

“The expansion in money supply under the Federal Reserve has led to an unstable environment of booms and busts that have wrecked the financial security and stability of average Americans,” he added. “This hurts poor people and senior citizens and the middle class the absolute most.”

Only one member spoke against the bill on Tuesday — Rep. Elijah Cummings (D-Md.), who warned that the bill would eliminate the Fed’s independence.

Source: theblaze.com


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