Although United States President-Elect Donald Trump doesn’t think auditing the Federal Reserve should be a high priority anymore, Kentucky Republican Senator Rand Paul and a couple of others are making sure that the U.S. central bank will be audited in the next couple of years.
Former Texas Republican Congressman and three-time presidential candidate Ron Paul issued a statement on Wednesday on the current state of the Audit the Fed bill.
Here is his statement:
I applaud my son Senator Rand Paul and my friend Representative Thomas Massie for their leadership on the important issue of auditing the Federal Reserve. Audit the Fed is the type of change the American people demanded when they went to the polls last November.
For 105 years, the Federal Reserve has exercised almost absolute and unquestioned authority over America’s monetary policy. The result has been a boom-and-bust business cycle, growth in government, increasing income inequality, and a loss of over 90% of the dollar’s purchasing power. No wonder almost 80% of Americans support Audit the Fed!
While campaigning for President, Donald Trump not only criticized the Fed’s easy money policies, he also endorsed Audit the Fed. With a President who supports Audit the Fed finally sitting in the White House, Congress has no excuse to not quickly pass this bill and finally let the American people know the truth about the Fed’s conduct on monetary policy, including its dealings with foreign governments and central banks.
My Campaign for Liberty is going to mobilize a pro-Audit the Fed majority to make 2017 the year when the Fed’s wall of secrecy is finally torn down.
Now let’s try to get a movement to make Ron Paul a member of the Board of Governors at the Fed!
The FED needs to be audited, that is for sure. The banks need to be reined in, with their excessive fees and high interest credit cards. A returned check does not cost a bank $35 to process. My credit union once charged me $3 for a returned letter. WTF it did not cost them anything. I went paperless after that.
It is commendible that there are those Few who actually want the Fed audited. Those who are brave enough to even put that suggestion forward; but it will never happen.
Unless, the People are educated to the truth about the Illegal Federal Reserve and the biggest Lie ever propagated against the People, and the nation.
The only way this could possibly come to fruition is with a unified Peoples voice demanding it of their elected Representatives.
But that will take education and the breaking down of mental barriers to make the People understand why it needs to happen.
Nothing else.