AUDIT THE FEDERAL RESERVE ?

That should keep about a million government workers busy for a long, long time. And then they will say, "We can't say for sure but"....or "they operate in perfect standing with the law". Worse yet, they might need a bailout!!!

The average American does not know much about the Federal Reserve. The government and the Federal Reserve prefer to operate in the shadows. If the American public understood what their policies have done to their lives, they would be rioting in the streets. Most Americans believe that the Federal Reserve is part of the government. They are wrong. It is a privately held corporation owned by stockholders. The Federal Reserve System is owned by the largest banks in the United States. There are Class A,B, and C shareholders. The owner banks and their shares in the Federal Reserve are a secret. Why is this a secret? It is likely that the biggest banks in the country are the major shareholders. Does this explain why Citicorp, Bank of America and JP Morgan, despite being insolvent, are being propped up by Ben Bernanke and Timothy Geithner?
~read the whole article at the link below:

http://www.thecuttingedgenews.com/index.php?article=11194&pageid=37&page...

Remeber what happened to Dorian Grey when he looked upon his portrate...reality can kill you!

I can't believe I'm agreeing with kennym and robroy. The Federal Reserve is powerful and has a lot of shelters, but I can see the new power brokers wanting to get after them if they're a seperate entity. Could we be witnessing the beginning of a show down of the old guard and the new Robber Barons? How can I get a thousandth of a percent of the money that will be spent on this battle.

People post these blogs and don't do thier homework. A lot of noise out here. The federal reserve or is a private banking company owned by the powers that control America and its money. By the way, they are unauditable, it is part of the deal they made with one president named Woodrow Wilson. See Jeykyl Island.

It'll never happen...

Yes, Kennymotown is right on target. These jokers are bankers who decide what they will do with an economy they don't understand. They are making decisions even though they are thoroughly confused. They should be investigated, not those who agree with waterboarding. Waterboarding investigations won't fix our crumbling economy.

Public demand is increasing for some kind of action against the Federal Reserve, that name has always bugged me. They are bunch of bankers and are not pert of the Federal government. And it's not what the govern ment wanted.

Obama has us all so busy with investigations of of the former administration that he hopes we won't notice what he himself is doing to our country. Check it out...he has everyone talking about the economy and waterboarding and interest rates while he is selling us out.

It won't happen, for the same reason that the bailout money wasn't accounted for. Alot of it would be traced right back to the politicians and campaign contributions.The scheme is called self-perpetuating corruption and its not going stop until people wake up.

So far, muddy waters best describe the evident "transparency" that has been revealed up till now.

More transparency is good . Let us see clearly ...

So stoked. My representative, John Campbell, just co-sponsored the bill. So that brings it up to 125. Also, rumor is we now have 127 sponsors, but don't quote me on that.

Great post!

Why would there be any resistance to an auditing of the Federal Reserve? It isn't like anyone is asking to even have the power to regulate anything involved with the system. They simply want to know where the money is coming and going from. Isn't this administration supposed to be all about transparency?

The federal reserve is a privately own company that has no ties to our govt. Just the word "federal" in their name has duped many people......

Look beyond labels and covers of books, you will see the true story of this institution for what it is.....

John, what part of the federal reserve is part of our government???

Everyone needs to make their representative aware of this... Remember just because it is presented on the floor does not mean your representative was even there OR paying attention.... Phone calls make a HUGE difference.....

The government auditing itself, yeah they'll be totally objective. No conflict of interest there.

They didn't read the stimulus bill, and yet they will look into and analyze an audit.? ~ Yeah, right....BWAHAHAHAHA