It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
WASHINGTON (MarketWatch) -- Rep. Ron Paul, who has sought to audit the Federal Reserve for 26 years, has inched ever so much closer to his goal.
A key congressional panel on Thursday approved legislation introduced by the Texas congressman that - for the first time in the central bank's 95-year-history -- would require government audits of Federal Reserve monetary policy, as well as how much the central bank has lent and will lend to specific banks. Fed Chief Ben Bernanke and other key members of the Obama administration, including Treasury Secretary Tim Geithner, had vigorously opposed the move.
Originally posted by ExPostFacto
Didn't they water this bill down to almost nothing with no true oversight? If they didn't then we are only months away from economic disaster as an audit will shed so much light in dark places that everything may become very weird for a while. The poster above mentions the Fed hiding information as we speak and I can bet that is the case. May God be on our side of this battle. I'm not even religious, but it doesn't hurt to ask some higher power to make this happen. This world has become corrupted by greed perpetuated by fake currency.