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"Audit The Fed" Bill Gains Momentum, Yellen Starts Damage Control

Tyler Durden's picture




 

After years of being blocked by Democratic leader Harry Reid, The Washington Times reports, the Senate will finally get a chance next year to vote on legislation to force a broad audit of the Federal Reserve's decision-making. Ron Paul's flagship legislative efforts have been picked up by his son and now has the backing of the leader of the new Republican majority, Sen. Mitch McConnell, whose office says the legislation will earn a floor vote. While the bill is not a sure thing, it appears to have The Fed worried as Reuters reports, Yellen and other Fed officials are lobbying Capitol Hill to drop the audit push.

 

As The Washington Times reports,

After years of being blocked by Democratic leader Harry Reid, the Senate will finally get a chance next year to vote on legislation to force a broad audit of the Federal Reserve's decision-making.

 

Once championed in Congress by former Rep. Ron Paul, the push to force the country's central bank to undergo a full audit has been picked up by his son, Sen. Rand Paul, and others, and has the backing of the leader of the new Republican majority, Sen. Mitch McConnell, Kentucky Republican, whose office says the legislation will earn a floor vote.

 

But despite overwhelming support in the House, where the legislation has twice passed, the bill is not a sure thing in the Senate, and the Fed itself is pushing back. Chairwoman Janet L. Yellen said earlier this month the Fed remains opposed to stricter oversight of its monetary policy decisions, and Reuters reported she and other Fed officials are lobbying Capitol Hill to drop the audit push.

 

"Back in 1978 Congress explicitly passed legislation to ensure that there would be no GAO audits of monetary policy decision-making, namely policy audits. I certainly hope that will continue, and I will try to forcefully make the case for why that's important," Ms. Yellen told reporters at a press conference two weeks ago.

 

For supporters in Congress, the fight is a matter of constitutional prerogatives and good governance. They argue that President Obama's 2009 Recovery Act, which totaled $800 billion in spending and tax cuts, was dwarfed by the trillions of dollars of stimulus the Federal Reserve oversaw.

And everything changed in the last election...

"[Harry Reid's] refusal to bring popular legislation like 'Audit the Fed' to the floor is a major reason why he's being demoted to minority leader," said Mr. Singleton, who spent years as Mr. Paul's legislative director in the House. "The change in Senate leadership does present us with the best opportunity yet to get a stand-alone vote on 'Audit the Fed.'"

 

Still, he said they aren't taking anything for granted, particularly after the report that Fed officials are quietly lobbying against more oversight.

 

"This is popular with 75 percent of the American people, but it's not popular among Wall Street; it's not popular among banks; it's not popular among foreign central banks," Mr. Singleton said. "These hold a fair amount of sway among both parties, so just to say that a change in party necessarily means we'll be able to move Audit the Fed it's better odds now than we've had before, but it's not a slam dunk."

 

The audit legislation would grant the Government Accountability Office, which is Congress's chief investigative arm, the power to retroactively review - though not actually reverse - the Fed's decision-making, particularly on monetary policy.

But the elites are worried...

Ms. Yellen and her defenders say giving the GAO audit powers could amount to having their decisions scrutinized almost in real time, which they say could influence the closed-door deliberations by the Fed.

 

"If board members know that their statements may become public, they may be inhibited from speaking candidly about the economic trends they are observing or the monetary policies they believe would best respond to current conditions," Rep. Elijah E. Cummings, Maryland Democrat, said in leading the fight against the bill in September.

*  *  *
Accountability? Consequences? Not in the New Normal... it's for your own good after all...

 

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Thu, 01/01/2015 - 17:49 | 5613086 Arius
Arius's picture

We are very good at shooting ourselves in the foot.

 

Time to do anything was long time ago ... like 100 years ago perhaps ...

Thu, 01/01/2015 - 17:52 | 5613093 WillyGroper
WillyGroper's picture

If thieving McConnell is backing it, you can betchur schweet ass awakening is about to hit critical mass & that maggot is afraid for his old wrinkled hide. 

Thu, 01/01/2015 - 17:56 | 5613097 Comte de Saint ...
Comte de Saint Germain's picture

Just another PSYOP to keep entertained and distracted the ignorant masses

Thu, 01/01/2015 - 17:58 | 5613103 Ahoy Polloi
Ahoy Polloi's picture

Might as well fucking audit Madoff... Might as well fucking audit the nuclear arsenal of Israel...

 

Might as well... Ok ~ NeverFUCKING mind (I'm sure I've already accreted my max 'down arrow' quota as is).

Thu, 01/01/2015 - 18:02 | 5613115 Looney
Looney's picture

...Mr. Yellen says giving the GAO audit powers could amount to having their decisions scrutinized almost in real time, which they say could influence the closed-door deliberations by the Fed.

And THAT is the whole point!

All your ivory-tower-deliberations should be televised on CSPAN. Live!

Looney

Thu, 01/01/2015 - 18:18 | 5613177 mvsjcl
mvsjcl's picture

An audit of the Fed's decision-making policies? Fuck that! I want a full audit of where every penny the Fed has created has gone to.

 

Edit: And I want to know the real flesh-and-bones name of every fucking "owner."

Thu, 01/01/2015 - 18:19 | 5613184 Comte de Saint ...
Comte de Saint Germain's picture

Apparently gullible patriotic Americans and Constitution worshipers fail to understand the Federal Reserve is a Corporation immune to US laws.

Thu, 01/01/2015 - 19:14 | 5613331 Greenskeeper_Carl
Greenskeeper_Carl's picture

even a full audit of the fed isnt going to make a difference. When the controlled media refuses to talk about it, most people in the US won't even hear about it. Sure, WE will here all about it on here, but it isnt likely to tell us much we don't already suspect. Look at what happened with the partial audit. NOTHING. Even self proclaimed socialist bernie sanders had it posted to his webiste, that they made something like 14T in 'loans' to vulnerable banks all over the world. They created that ammount of money and 'loaned' it all over the world to mostly non american banks at 0% interest, and what were the consequences of this being revealed? nothing. business as usual. Most people in the US don't even know what the fed is, many, like those I work with, thought it was just part of the govt, like the treasury, tried explaining it to them, got the glassy eyed look in response. They already have a court order in their favor saying that since they are not a govt agency, they don't have to comply with freedom of information act requests. Congress can audit them and question them all day, it doesnt matter becuase they are impotent. It will just be another version of endless bengazi or IRS hearings. They might matter to you and I, but they don't matter one bit to most people, who will either only hear "Obama sucks" or "the republicans are just wasting time trying to hurt the great obama", and that will be as far as their thoughts go. I used to think even a partial audit would help wake people up to the grand scale of the theft being perpetuated by the fed and govt against them, but it didn't do a damn thing. The ONLY SOLUTION is to END THE FED

Thu, 01/01/2015 - 20:01 | 5613424 3.7.77
3.7.77's picture

If they are indeed a "Corporation" have the IRS audit them

Thu, 01/01/2015 - 21:09 | 5613572 MontgomeryScott
MontgomeryScott's picture

Gee, you're kind of silly.

The IRS was created as the ENFORCMENT ARM to collect the interest on the debt that the Treasury incurred by BORROWING from the FED.

That would be like appointing Janet Reno to investigate the FBI's role in the Waco massacre, or Eric Holder to investigate the 'mis-steps' at Ruby Ridge, Idaho, or Monsanto and Bayer as the chief investigators of the mass die-off of bees.

IRS investigator: "Are you breaking any laws?"

FED chaiman: "NO."

IRS investigator: "Are you SURE?"

FED chairman: "How's your family?"

IRS investigator: "Well, I see nothing wrong here. Sorry to have troubled you."

Thu, 01/01/2015 - 22:44 | 5613733 MrBoompi
MrBoompi's picture

Does anyone believe Congress has any power over the Central Bank system and the wealthiest people on the planet?  No fucking way.

Fri, 01/02/2015 - 00:50 | 5613928 wee-weed up
wee-weed up's picture

Look for TPTB to force their puppet Obola to do an executive order saying a FED audit cannot be done for "national security reasons."

Fri, 01/02/2015 - 10:20 | 5614422 halfasleep
halfasleep's picture

may as well audit belgium

Fri, 01/02/2015 - 11:21 | 5614606 bob_stl
bob_stl's picture

I'm sure that after Americans learn that they've been slowly strangled and turned into debt slaves over the last 100 years they will be outraged as much as when they found out that their government is spying on them. Which is... nothing...

Thu, 01/01/2015 - 20:30 | 5613490 DeadFred
DeadFred's picture

Ending the Fed is certainly the goal but in my opinion if they allow a real audit it will mean the end to the Fed. If this thing passes with any sort of teeth you will know the Fed has just been made into the fall guy destined for a quick trip under the wheels of the bus.

Thu, 01/01/2015 - 20:49 | 5613530 bilejones
bilejones's picture

Yup, I subscribe to the fall guy theory. Someone's gonna have to be the scapegoat for the upcoming cataclysm.

Thu, 01/01/2015 - 22:47 | 5613735 OpTwoMistic
OpTwoMistic's picture

Roll the  guillotines and do not stop with the fed.

Carry it on live TV for the rest of the crooks.

Repudiate the debt since 1913 and roll on.

Thu, 01/01/2015 - 22:45 | 5613736 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

"Someone's gonna have to be the scapegoat for the upcoming cataclysm."

And, once again, the 'stupid party with no balls' will set themselves up to take the fall.

The only time to do the audit is after the cataclysm, at which time they should "discover" that it is unconstitutional for the Congress to assign to others what it is responsible to do under the Constitution (the principle of non-delegation).

Roll the clock back 101 years!

Make the Fed rebate our money (or have a close encounter with a rope)!

 

 

Thu, 01/01/2015 - 21:43 | 5613650 Milestones
Milestones's picture

Simply cancel their corporate charter. Incidently, since the Supremes said that corporations are people simply arreast them all on theft charges. Milestones

Thu, 01/01/2015 - 19:17 | 5613335 NoDebt
NoDebt's picture

Fear not.  Obama will veto if it passes (which itself is unlikely).  He's been a banker boot-licking lackey for the last 6 years, what makes you think he's stop now?  Who's gone to jail under his watch?  Nobody.  Who's been stopped from repeating their pre-crash ways?  Nobody.  When was the last time you heard Obama comment on the Federal Reserve?  He never has, to my knowlege.

He rips every othre part of the country to shreds but somehow through all of it the banks and the Fed get a pass on all of it.  Sure, a few token wrist-slap fines that banks cough up out of petty cash, but nothing substantive.  And no, Dodd-Frank is not substantive.  Even if it was, it's implementation is so slow as to be worthless.

 

Thu, 01/01/2015 - 22:50 | 5613747 OpTwoMistic
OpTwoMistic's picture

Yeah, see guillotines above.

Thu, 01/01/2015 - 19:21 | 5613351 Fun Facts
Fun Facts's picture

When the employees of a private corporation can give themselves diplomatic immunity and exempt themselves from paying any taxes, that should tell the donkeys something right there.

The problem is that idiot america doesn't even know what the FED is, much less the criminal nature of the IMF, ECB, BIS zio syndicate. The reason they don't know is because the same money controls everything, including the media and education system.

Why should the FED agree to an audit? They are a member of the BIS masters of the universe club.

If you want to see the DJIA collapse, watch the FED fire a limit down warning shot should that idea gain any votes.

No one ever has, and no one ever will audit the FED because they own the politicians and everything else.

Thu, 01/01/2015 - 19:56 | 5613413 Implied Violins
Implied Violins's picture

I believe that they WILL audit the FED, and end it...so that they can issue in the BRICS as our 'saviours', under the auspices of the BIS. SDR's will be used as the new currency to start, and once people are used to that, then we will be given a ONE WORLD CURRENCY, probably digital. Slavery by another name. As usual.

Fri, 01/02/2015 - 00:54 | 5613946 NotApplicable
NotApplicable's picture

Another fun BIS fact: there is NO governing body on the planet with jurisdiction over them.

They rule.

Thu, 01/01/2015 - 18:24 | 5613193 J S Bach
J S Bach's picture

"Yellen and other Fed officials are lobbying Capitol Hill to drop the audit push."

 

As if anyone needed more proof as to the illegal workings of the Fed, their nervous reluctance to have themselves audited is it.  You can always tell when someone is guilty or wrong on something when they try to run away rather than face their accusers - or in this case, auditors.  How did we know without a shadow of doubt that OJ Simpson was guilty - even before any sham trial... HE RAN AWAY.  Innocent persons and entities with nothing to hide don't behave this way - ever.

 


Thu, 01/01/2015 - 18:25 | 5613205 DaddyO
DaddyO's picture

their nervous reluctance...

Don't put too much into that line of thinking. The FED has direct access to all things in the dark recesses of the politicians lives.

The chances of anything remotely resembling an audit are purely a ZH'ers wet dream...

DaddyO

Thu, 01/01/2015 - 19:10 | 5613322 MeMadMax
MeMadMax's picture

In other news today, the fed reserve spent $200k on high speed paper shredders...

 

More at 10...

 

^.^

Thu, 01/01/2015 - 19:22 | 5613347 Baldrick
Baldrick's picture

nsa will feed them a virus first.

Thu, 01/01/2015 - 19:32 | 5613370 DaddyO
DaddyO's picture

More likely a hacking, which will be used as an excuse for woar of some kind...

Or at the very least some preemptive kinetic action of some sort.

DaddyO

Thu, 01/01/2015 - 18:26 | 5613200 Save_America1st
Save_America1st's picture

Ron Paul wants more than to just audit those mother fuckers...

END THE FED

GO DUCKS!!!

Thu, 01/01/2015 - 21:57 | 5613671 NoVa
NoVa's picture

Ducks rule

 

Thu, 01/01/2015 - 18:45 | 5613266 TheReplacement
TheReplacement's picture

Don't forget addresses.

Fri, 01/02/2015 - 01:23 | 5613104 thebigunit
thebigunit's picture

Comte:

Well, it fooled me.  I ALWAYS fall for their PSYOPs.

I rely on you to warn me about these things.

Thu, 01/01/2015 - 18:08 | 5613135 One World Mafia
One World Mafia's picture

Uh, I don't know...the banker bailout...the SEC rule change for banks to charge a (minimum?) 2% money market redemption fee.  Either way, they're prepping to protect the banks for the day of economic reckoning.

Thu, 01/01/2015 - 20:22 | 5613469 Freddie
Freddie's picture

Nothing will happen.  The GOP-e sold out the American people along with Obola and the Dems on amnesty before Christmas.  They are sell out liars.

These are the same people who gave Porky standing O's when he spoke in front of Congress.

Thu, 01/01/2015 - 20:41 | 5613511 EscapingProgress
EscapingProgress's picture

Auditing the Fed is like measuring the penis of your rapist.

Thu, 01/01/2015 - 21:11 | 5613575 MontgomeryScott
MontgomeryScott's picture

+1

Thu, 01/01/2015 - 21:22 | 5613593 layman_please
layman_please's picture

wait?! bigger is better, right?

Thu, 01/01/2015 - 19:10 | 5613314 The Wizard
The Wizard's picture

Mitch's biggest donors are Wall St. banks. I can't see this getting any legs with him involved.

Thu, 01/01/2015 - 18:00 | 5613114 booboo
booboo's picture

Oh for fucks sake people, the other team is just looking to put the squeeze on the money bags. Yellen doing damage control would amount to nothing more then cojoling the member bank stock holders to stuff some envelopes marked with a R.

Stop hoping for a political solution to a mad dog foaming at the mouth and just shoot the fucking thing where it stands.

Thu, 01/01/2015 - 18:46 | 5613262 Carpenter1
Carpenter1's picture

We don't need to audit the FED, we need to hang the FED.

Thu, 01/01/2015 - 20:31 | 5613496 bilejones
bilejones's picture

A banker for every lampost.

Thu, 01/01/2015 - 18:11 | 5613158 pachanguero
pachanguero's picture

Really sucks that I have to agree with you but I do. This monster that is the Fed really is the Wizard of OZ. Funny how that movie is really about banksters but we were never told that.

It's almost like they have to warn you before they fuck you.

Oh that would be a conspiricy theroy now would it not?

Now we all know they don't exist.....take the Red Pill.

Thu, 01/01/2015 - 18:49 | 5613274 Arius
Arius's picture

yeah well ... good points.

Thu, 01/01/2015 - 18:34 | 5613230 ZH Snob
ZH Snob's picture

that's what I call closing the barn door after the horses have escaped.  does it really matter any more?

it's time to close them, not audit them.

Thu, 01/01/2015 - 18:42 | 5613251 JLee2027
JLee2027's picture

Even if the bill passes by a landslide and uncovers extreme scandalous financial doings, it will be covered up in the "interests of national security".

 

"Audit shows Obama ordered money printed".

"Audit shows Obama ordered attack on other currency".

"Audit shows Gold Market riggingy".

etc.

 

Do not expect the Washington Post to print it.

Thu, 01/01/2015 - 18:49 | 5613269 TheReplacement
TheReplacement's picture

If it gets really bad there will be a Monetary Czar or somesuch.

Thu, 01/01/2015 - 19:23 | 5613352 JLee2027
JLee2027's picture

Yes. I've become so jaded, I think the music plays on until the Titanic slips completely under the waves. Which could take some time yet, damn it.

Thu, 01/01/2015 - 21:24 | 5613602 MontgomeryScott
MontgomeryScott's picture

This will not change the fact that the Titanic was doomed from the outset (but the music DID play on).

A young, nubile Kate Winslet, thrusting her hands up against the windows of an automobile, begging to be 'touched', always gave me a thrill. So did the story of the guy who dropped down the rope and cut the falls with his pocketknife right before another lifeboat dropped on top of the one below; allowing the first one to survive.

If you plan for the worst, and it doesn't happen, you've got extra stuff to use.

If you DON'T plan, and the worst DOES happen, you're FUCKED.

On a long enough timeline, the survival rate for everyone drops to ZERO. That's a truism that everyone needs to understand (not that I want to, personally).

What do you think of my ZH avatar? i thought it fit rather well, myself.

 

Thu, 01/01/2015 - 20:23 | 5613463 HardAssets
HardAssets's picture

It . . . Will . . . NEVER . . . Happen.

They own the politicians in D.C. They own the media. They own the system.

Stop looking to that criminal system of theirs to offer any real, meaningful solutions.

 

Kindergarten is over boys & girls. The crooks in D.C. aren't your Mommy & Daddy, and they don't love you & look out for you.

 

Thu, 01/01/2015 - 21:35 | 5613624 nuke ISIS now
nuke ISIS now's picture

Yeah, can't imagine thart the thought of an audit of this cartel [the fed] ws ever brought up at that secret Jekyll Islnd meeting

 

Pick up a copy of the book "creature from Jekyll Island"

https://www.youtube.com/watch?v=lu_VqX6J93k

Thu, 01/01/2015 - 22:03 | 5613625 nuke ISIS now
nuke ISIS now's picture

We carteled some folks

Fri, 01/02/2015 - 14:57 | 5615535 doctor10
doctor10's picture

Why does this osund like the old Lucy-Charlie Brown football story?

This will happen only when and if the Bankerz Boys at the NSA let it happen

Thu, 01/01/2015 - 17:51 | 5613089 Looney
Looney's picture

Slightly OT, but it is hilarious!

Remember that commie – Thomas Piketti (Capital in the 21st Century)? He, amongst other 690 people, was awarded the Order of Legion (established by Napoleon). So, this dude refuses to accept it!!!

Hilarious! One commie (Piketti) disses another commie (Hollande). Karl Marx must be rolling in his grave… laughin’!!! ;-)

Looney

P.S. If you know how to translate it from French to English, here’s the article:

http://noussommesnotremonde.com/2015/01/01/leconomiste-thomas-piketti-re...

Thu, 01/01/2015 - 19:15 | 5613332 shovelhead
shovelhead's picture

He among only 690 people?

That's what I like about the French.

They're so discriminating and particular.

I wonder if Lagarde's bikini waxer is in there.

Thu, 01/01/2015 - 17:51 | 5613090 yogibear
yogibear's picture

The Fed should be audited. They want to be open to scrutiny.

Now what's all that off-balance sheet garbage you have? Mark to fantasy.

How much gold do you say you have vs actual?

So much BS.

Thu, 01/01/2015 - 18:12 | 5613147 Arius
Arius's picture

any pm are held by Treasury as it is property of US and are not held by the FED, since the FED is private ...

 

FED's main role is money creation before its creation that role was played by Treasury as well.

 

may be i am wrong, but thats my understanding

Thu, 01/01/2015 - 19:17 | 5613315 Urban Redneck
Urban Redneck's picture

That would be one of the things that a proper audit should uncover. The gold is (in theory) in the physical possession of the Department of the Treasury at Ft Knox, West Point and Denver. However, the FRB should (legally, amorally, and by their own admission) have a paper claim on the Treasury gold in their (Yellen's) custodial possession and on the FRB balance sheets (legally unencumbered)in addition to the comparatively meager 13M physical ounces of Treasury gold supposedly in FRB possession.

But the devil is in the details- one could conduct a full audit of the FED, but because the FED is not supposed to have custody of official US gold reserves... no one would ever even enter the front gate of the bullion depository at Ft. Knox, much less open more than one of the vaults, or determine such minor, but important, details as whether US gold reserves (even absent leasing or outright sale) were rehypothecated to meet US IMF commitments...

McConnel owes Paul for the last election, which is why this will get to the floor and assigned to a committee, but I wouldn't trust the Kentucky Cane Toad not to poison any audit bill before it gets to a final vote (assuming a halfway intelligent audit bill is even presented in the first place...).

Thu, 01/01/2015 - 19:19 | 5613342 piratepiet
piratepiet's picture

"rehypothecated to meet US IMF commitments"

Can US not simply pay its contributions to the IMF in fiat ?

Thu, 01/01/2015 - 19:33 | 5613371 Urban Redneck
Urban Redneck's picture

The US doesn't even pay its current IMF commitments in fiat, but if the US initial paid in capital to the IMF (the US has a 17% quota) was a fraud... it would be hard to maintain the US veto at the IMF, or the dollar's weight in the SDR (bankster double whammy).

http://www.50years.org/how-much-gold-bullion-does-the-imf-really-have/

Thu, 01/01/2015 - 20:14 | 5613454 piratepiet
piratepiet's picture

ok thank you for the link.

 

Thu, 01/01/2015 - 20:47 | 5613522 STP
STP's picture

I read somewhere, that Legarde is considering taking away the veto rights of the US, to prevent it from stopping the move towards a multi-country basket of currencies.  Can it be that far off?  This year?

Thu, 01/01/2015 - 20:46 | 5613523 STP
STP's picture

I read somewhere, that Legarde is considering taking away the veto rights of the US, to prevent it from stopping the move towards a multi-country basket of currencies.  Can it be that far off?  This year?

Fri, 01/02/2015 - 00:10 | 5613887 Urban Redneck
Urban Redneck's picture

I am not aware of any comments (not that orange people ever tell the truth in public) by Lagarde about breaking US hegemony at the IMF, but unless she wants to be DSK'd - why would she follow in DSK's footsteps?

Fri, 01/02/2015 - 00:24 | 5613905 TeethVillage88s
TeethVillage88s's picture

$313.8 Billion Dollars is all. Not really that much money, so why do they have to hide it. Audit everything the FED Does I say.

Thu, 01/01/2015 - 19:10 | 5613321 quasimodo
quasimodo's picture

Yes, the FED is private, hence if you go to the website it's .gov.

No conflict of interest there now is there?

Thu, 01/01/2015 - 21:19 | 5613587 Arius
Arius's picture

well the name is Federal isnt it?

 

Federal express comes to mind ...

Thu, 01/01/2015 - 17:55 | 5613100 salvadordaly
salvadordaly's picture

Although I would Looooove the Fed to be audited, I am going to go on the record and say it will never happen. Don't get your hopes up people, remember the omnibus vote? Never going to happen.

Thu, 01/01/2015 - 18:10 | 5613151 Osmium
Osmium's picture

The money will flow to the congress critters pockets and this bill will disappear like a fart in the wind.

Thu, 01/01/2015 - 18:12 | 5613162 Silver Sativa
Silver Sativa's picture

I was going to leave an individual comment, but your point of view dictated that I reply to you, instead.

 

I was going to say that the Republicans will never, ever go through with an actual full audit of the FED. Yes, they say that they will, because the political idiology of the republicans is "everything opposite the democrats no matter what." True. However, when the republicans, and thus the TPTB, realize this country is insolvent, the audit will get side-lined faster than you can say "tax cuts for the poor."

 

The "Deep State" knows how f*cked this country really, truly is, therefore it is a big secret until everyone knows the secret of this country's insolvency. That is why there will never be a full audit. If/When the financial crash happens, it will be sudden, swift, and severe, and much, much worse than the crash of '29.

Thu, 01/01/2015 - 17:56 | 5613101 The man with po...
The man with pointy horns's picture

Audit bitchez! I want to see the Feds nakedness in all of its glory.

Well not Yellen, I don't wanna see her hairy, shriveled up cunt.

Thu, 01/01/2015 - 18:33 | 5613224 lincolnsteffens
lincolnsteffens's picture

Why bother with an audit of the thieving hoard. The real US of A Treasury needs to ramp up and print their own 100% gold backed money. Let real money duke it out with debt notes and see which wins.

Lets see, which pile stored in the mattress does better with time. Debt or money?

I'll bet all my Fed notes for an exchange of silver and gold.

Thu, 01/01/2015 - 18:42 | 5613246 Lea
Lea's picture

"Well not Yellen, I don't wanna see her hairy, shriveled up cunt."

When are you Americans going to get out of your caves? The whole world is civilized, minus you. Look up the meaning of the word "elegance", even though I guess the concept is out of your reach.

Bunch of lowly pigs.

Thu, 01/01/2015 - 19:10 | 5613319 The man with po...
The man with pointy horns's picture

I'm British you silly twat.

Thu, 01/01/2015 - 17:56 | 5613106 Thirtyseven
Thirtyseven's picture

May 2015 finally be the year some of these hook nosed money changers dangle by their necks.

One can hope right?

Thu, 01/01/2015 - 18:14 | 5613168 laughing_swordfish
laughing_swordfish's picture

Let's all. hope so. The Jew is always the enemy of free, nationally conscious peoples everywhere and he maintains control through control of all the world's central banks. As Nathan Rothschild said, " Give me control of a. nation's money supply, and I care not who makes it's laws, nor what those laws are".

 

Thu, 01/01/2015 - 18:19 | 5613187 WillyGroper
WillyGroper's picture

Mayer A.

Fri, 01/02/2015 - 00:31 | 5613913 TeethVillage88s
TeethVillage88s's picture

Which really shows the mind set of the European Banker Family... If you have gold we want it one way or another in return for our favors. And I think Bill Still has a video on that.

There is no Gold at the Fed or it is Rehypthicated.

Thu, 01/01/2015 - 17:58 | 5613110 FallenOne
FallenOne's picture

mark to fantasy! filthy whitey goyim must not see the books! the only books they need to see are the manuals that shows the directions to which sector of the fema camp they will reside in and whether or not they would be considered for posditions of team leader of the camp!

Radical Marijuana say lies backed by violence the only way the continuity of this system is maintained...if the lie is ever figured out in plain sight out in the open for all to see well next step Violence! with a capitial V. so hopefully the bunny rabbit killer ar15 you got that you say is for protection will get to see some action!

Thu, 01/01/2015 - 21:33 | 5613613 layman_please
layman_please's picture

the lie has been figured out in plain sight out in the open for all to see for years, if not decades

and the result of that is?

Fri, 01/02/2015 - 00:35 | 5613921 TeethVillage88s
TeethVillage88s's picture

Probably Audit the Fed would reveal and "Name Names" of those that gave up our national gold reserves.

- Like for Vietnam War in 1968
- or like for the Hit on Kennedy
- or like for Support of CIA Assassin Programs in the 1950s
- Plus maybe it would show the Missing Chinese & Japanese Gold in World War II was captured and then later used, issued from the US Gold Reserve for fund Covert Actions

Thu, 01/01/2015 - 17:59 | 5613112 alexmark2013
alexmark2013's picture
Seniors got screwed by the housing bubble Crash. then by the phony Fed Reserve "0%" rate, which drives CD rates to below 1%. and now the Treasury rolls out a new savings plan called 'Obama Fund'...  http://investmentwatchblog.com/seniors-got-screwed-by-the-housing-bubble-crash-then-by-the-phony-fed-reserve-0-rate-which-drives-cd-rates-to-below-1-now-obama-wants-you-to-dump-all-your-savings-into-government-debt/
Thu, 01/01/2015 - 18:12 | 5613143 Thirtyseven
Thirtyseven's picture

I hope you boomers go out with a bang and help us youngsters out a bit.  Maybe earn a little redemption for allowing the wealth of your predecesor generation to be siphoned away from your children and your grandchildren.

Got cancer?  Kill a banker or five.

Six months to live? Bomb the offices of terrorist organizations like AIPAC and the SPLC.

80-something and no longer give a fuck? Take a trip down to one of those lobbying offices and do whatever sparks your fancy.

Of course violent engagement is only one way to fight back, and in the long term only marginally effective without systemic change.

But if you don't want to get violent and want to live a somewhat peaceful life....exit the system.  Buy gold, remove your bank deposits which enable the squid to get rich while they give you nothing (and effectively take from you anyway).

Stop buying the junk and the shitty food and useless trinkets that are poisoning us, filthing up our homes and which will just end up on the junkyard or one of our waterways anyway.  In essense, don't participate and teach others how to disengage as well.

 

Thu, 01/01/2015 - 17:59 | 5613118 buzzsaw99
buzzsaw99's picture

the ny fed gangsters have the usa gubbermint by the ballz bitchez

Thu, 01/01/2015 - 18:00 | 5613119 Racer
Racer's picture

If it is popular with 75% of people and it hasn't been enacted, then that is absolute proof that the politicians are bought and paid for by the eLeeches and do NOT act for 'We the People'

The US founding fathers burial sites must be deep whirlpools from all the grave spinning

 

Thu, 01/01/2015 - 18:11 | 5613157 El Vaquero
El Vaquero's picture

Probably more like face palming in their graves.  Remember Jefferson's quote about the tree of liberty, tyrants and patriots?  Yeah, I think that they knew this shit would happen if some rabbles weren't roused every once in a while. 

Thu, 01/01/2015 - 20:40 | 5613506 HardAssets
HardAssets's picture

Jefferson also said it would take an informed and intelligent citizenry to make it all work.

We have neither today.

Thu, 01/01/2015 - 18:05 | 5613131 Lmo Mutton
Lmo Mutton's picture

AUDIT this...

Hanging or lynching?

Rope or nylon?

Thu, 01/01/2015 - 19:24 | 5613357 shovelhead
shovelhead's picture

Bungee.

I want to watch em bounce a few times.

Thu, 01/01/2015 - 18:03 | 5613132 kchrisc
kchrisc's picture

"Audit The Fed" Bill Gains Momentum, Yellen Starts Damage Control"

No need, as:

The Fed is UNCONSTITUTIONAL. No provision for it, them, a private den of grifters, to control and counterfeit money. CONgress is the holder of the power to "coin money."

Dismantle the Fed, and guillotine the grifters and their pol, crat, and func backers.

The banksters need to repay us.

And for those so inclined on the Constitution: "They can claim "inc." but that does not alter the ink."

Fri, 01/02/2015 - 00:48 | 5613937 TeethVillage88s
TeethVillage88s's picture

Good Point.

I will add this to my List.

CON-gress Gave up it powers to:

- Legislation, since Lobbyists now write, and bill pass without reading
- War powers, since President does this, congress funds, we never declared war in Korea, Vietnam, Afghanistan, Iraq, Panama, Libya, Syria, Kosovo & Bosnia
- Budget Powers, no budget has passed since 2008
- Congress & President gave Banking Powers to a Private Corporation to be Central Bank, expand & Contract Money Supply, Set National Interest Rates, Control Gold Reserves, Act as a Defacto State Department

Even the War Powers act only allows 60 days of War by Sitting US President.

Fri, 01/02/2015 - 01:20 | 5613979 kchrisc
kchrisc's picture

"CON-gress Gave up it powers to..."

Actually the Constitution does not permit, and therefore it is not allowed, to delegate their powers.

So any rules or actions that transpire under these so-called delegated powers are Unconstitutional, and null and void. Yes, even the "War Powers Act" is Unconstitutional.

Additionally, legislative power "delegated" to the executive, is, by definition, the formation of dictatorship byway of "delegation."

The banksters need to repay us.

 

"Yes I understand that I entered a contract with you. But I "delegated" my responsibilities and powers in that contract to my father. See him for performance."

 

Fri, 01/02/2015 - 07:23 | 5614200 TeethVillage88s
TeethVillage88s's picture

Yep. You said it more, legally, correctly, and logically.

I like to say they Abdicated their powers & office.

But we have to be precise.

Thu, 01/01/2015 - 18:05 | 5613134 disabledvet
disabledvet's picture

"Having blown up Detroit and now the entire energy complex perhaps we should find out why?"

Que surprise!

Thu, 01/01/2015 - 18:06 | 5613138 Seasmoke
Seasmoke's picture

Every Tribe member knows to always have 3 sets of books. Just in case. So Fuck this "audit".....  END THE FUCKING FED !!!

Thu, 01/01/2015 - 19:03 | 5613302 LoneCapitalist
LoneCapitalist's picture

That's what I was just thinking. Maybe this bill is just cover for the banks. To provide the illusion of transparency , but the audit will not reveal what the fed is really doing. If it passes, you can be sure that its just cover.

Thu, 01/01/2015 - 18:10 | 5613144 Toyota echo
Toyota echo's picture

POLL-Won't get to Audit

Or-Spray painted Lead

Thu, 01/01/2015 - 18:10 | 5613146 blackhand
blackhand's picture

It will never happen and if you think there is a snowball's chance it will, you are a chump.

Thu, 01/01/2015 - 18:10 | 5613149 thebigunit
thebigunit's picture

Many interesting elements:

1.) What will the radio talking heads say?  My perception is that the biggies (Rush, Levin, Hannity) have always been "circumspect".  (Levin thinks Ron Paul is a nut case,  Rush and Hannity "sort of like Ron Paul".)

2.) What will McConnell do? I think there is overwhelming Republican grass roots support for ATF, but if the crony capitalists ("Wall Street") are against it, McConnell might discover some "technical issue" and oppose it.

3.) IF the Senate passes it, Obama will be faced with the choice of siding with "the bankers" or "the little people".  Delicious.

Obama will discover that "Audit The Fed" is racially motivated, will harm black bankers, and order the Justice Department to do a Civil Rights Investigation of all rich people.

Thu, 01/01/2015 - 18:09 | 5613150 Hobo Sapien
Hobo Sapien's picture

um...

Ms. Yellen and her defenders say giving the GAO audit powers could amount to having their decisions scrutinized almost in real time, which they say could influence the closed-door deliberations by the Fed.

"If board members know that their statements may become public, they may be inhibited from speaking candidly about the economic trends they are observing or the monetary policies they believe would best respond to current conditions," Rep. Elijah E. Cummings, Maryland Democrat, said in leading the fight against the bill in September.

Color me astonished that such statements can apparently be made with a straight face.

Used car salesmen have more integrity.

Thu, 01/01/2015 - 18:09 | 5613152 Shad_ow
Shad_ow's picture

Who's going to do the audit?  The same people who are investigating IRS abuse of power or those responsible for implementing Obamacare?

 

Thu, 01/01/2015 - 18:14 | 5613165 buzzsaw99
buzzsaw99's picture

the same people who regulate them now. the same people who bailed those maggots out. the same people who pay those maggots usury on our own damn money.

Thu, 01/01/2015 - 18:09 | 5613153 serotonindumptruck
serotonindumptruck's picture

The host is showing discomfort towards the parasite. The parasite will now attempt to soothe and reassure the host that all is well.

In nature, it is not in the parasite's interest to kill the host...at least until that final drop of nourishment has been extracted.

Thu, 01/01/2015 - 18:13 | 5613161 Latitude25
Latitude25's picture

Now that the shit storm is beginning, yeah go ahead and audit the FED and try and re-instill confidence.  Just a dog and pony show to try and make the CONgress look like it has any useful function.

Thu, 01/01/2015 - 18:14 | 5613164 kraschenbern
kraschenbern's picture

Maybe Sen. Rand Paul could publish, in advance, appropriate standards for a "passing grade" on an audit.  The Fed could print up the requisite funds; pass the audit; and we could all breathe a sigh of relief - knowing we were in good hands.

/sarc

Thu, 01/01/2015 - 18:30 | 5613219 Peter Pan
Peter Pan's picture

Anything short of Ron Paul being given a free hand to conduct an audit with unlimited powers, will be a whitewash.

Thu, 01/01/2015 - 18:15 | 5613166 the grateful un...
the grateful unemployed's picture

how does the Fed LOBBY capitAl hill? oh i get it, they print money and make contributions to the campaigns of law makers. hope that makes the disclosures

Thu, 01/01/2015 - 18:14 | 5613169 Automatic Choke
Automatic Choke's picture

it would be devestating to shine the light of day on the feds operations.  you'd never be able to properly explain the trillions to the muppets and the MSM.  it simply won't be allowed to happen.  (too bad, as it would be very entertaining to watch them squirm).

Thu, 01/01/2015 - 18:15 | 5613170 Seasmoke
Seasmoke's picture

Tribe members involved in top of 3 major issues.

1. Federal Reserve. 2. Obamacare. 3. IRS 

 

FREE FRANCIS SAWYER. 

Thu, 01/01/2015 - 18:17 | 5613172 fibonacci's claus
fibonacci's claus's picture

why stop there?  audit the SEC, CFTC, ... the currency stabilization fund.

AUDIT CITADEL!  AUDIT KEVIN HENRY ! AUDIT CBIP! ... audit the irs!

geesh, LIBOR scandel embezzled monies equal to the U.S national deficit !

these central banks are basically laundering money through the global markets to prop up japan, europe... basically the totality of western civilization. 

SO THAT'S WHAT OBAMACARE IS FOR...  to generate the taxes from the american public to pay for the debt created to keep japan and europe farting through silk !

Thu, 01/01/2015 - 18:18 | 5613178 Who was that ma...
Who was that masked man's picture

Never happen, this is all smoke and mirrors.

Fri, 01/02/2015 - 01:28 | 5613990 thebigunit
thebigunit's picture

"it's hopeless"

. . . say those who WANT to protect the Fed from scrutiny.

Thu, 01/01/2015 - 18:19 | 5613182 Peter Pan
Peter Pan's picture

The FED is the mother of all sewers that has spawned all of the low lives on Wall Street which otherwise would have died at the hands of a free market.
Any audit that is conducted would be so limited that you may as well have a blind man being a judge at a beauty pageant.

Thu, 01/01/2015 - 18:19 | 5613188 The Shootist
The Shootist's picture

Odds of passing both houses without hideous deformation or a final veto are slim to none. Keep grazing in the land of sheeple.

Thu, 01/01/2015 - 18:23 | 5613194 Cautiously Pess...
Cautiously Pessimistic's picture

FED does NOT get audited.  Period.

 

Thu, 01/01/2015 - 18:28 | 5613204 Who was that ma...
Who was that masked man's picture

If you shine a light into the darkest corners of hell, you will lay bare all of hells most inspeakable horrors.  The Devil will never permit that, he prefers to keep them secret.

Thu, 01/01/2015 - 18:33 | 5613208 Sudden Debt
Sudden Debt's picture

Will never happen.

Americans should realize they’re only renters of the land which belongs to the banks.

The people serve the country and not the other way arround.

Even presidents who argued otherwise have gotten killed so who can a few do when the rest does the patriotic thing like sitting in front of their TV.

Bit let’s make a deal. America gives the FED it’s 18 trillion dollars back in gold or other assets and than you can have a peek.

Thu, 01/01/2015 - 18:28 | 5613212 topshelfstuff
topshelfstuff's picture

Ron Paul's Bill was nixed, but the Admin suggested a watered-down alternate and Bernie Sanders brought it in. It reveled that while the country & congress were watching and freaking out watching the left hand filled with $700Billion, the right hand had passed around some $16 TRILLION ... months later some $9 TRILLION additional was missing/unaccounted for [ the Official Bailout x 20+ a secret ]

http://www.sanders.senate.gov/newsroom/press-releases/the-fed-audit

Thursday, July 21, 2011 The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression.

http://investmentwatchblog.com/9-trillion-missing-from-the-federal-reserve-why-should-any-american-pay-their-taxes/

$9 Trillion Missing From The Federal Reserve. Why Should Any American Pay Their Taxes?
Thu, 01/01/2015 - 18:38 | 5613236 topshelfstuff
topshelfstuff's picture

for those of you unaware of these two findings...that's OK, you're not supposed to know and certainly not via the MSMedia ,,, a lot gets swept under the carpet

Thu, 01/01/2015 - 18:30 | 5613217 Pairadimes
Pairadimes's picture

The statists, meaning virtually all Democrats and most Republicans, cannot allow a real audit of the Fed to become public. The facts that would crawl out into the light of day are too terrifying for them to contemplate. If they did, they would risk the untimely recognition of reality by a significant fraction of the herd, which would put the massive, hundred-year-long fraud they have been the beneficiaries of at risk, not to mention their necks.  As has been said:

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” - Henry Ford

Thu, 01/01/2015 - 18:30 | 5613218 Bill of Rights
Bill of Rights's picture

Gonna be interesting to see how profitable .GOV is gonna be extracting health care (tax) I mean penalty from the already broke and nothing to lose middle class.

Oh look lets audit the FED.... Yawn.

Thu, 01/01/2015 - 18:32 | 5613220 Grimaldus
Grimaldus's picture

The criminality of the FED is apparent, quite blatant in fact. What is this audit bullshit? It needs to be arrest!

Grimaldus

Thu, 01/01/2015 - 18:31 | 5613223 q99x2
q99x2's picture

Heavens sake don't audit the FED. Yellen's supposed to go up my FAFSA this year. Someone may wonder why they're paying me to read Robinson Crusoe.

Thu, 01/01/2015 - 18:34 | 5613226 HyeM
HyeM's picture

both parties are bought and paid for my wall street, there is no way the republicans truly want an audit of the Fed (which, if it was done honestly, would show the level of corruption and wall street influence...and by definition would implication all those politicians in both parties that have whored themselves out for money, and sold out their own country).

Thu, 01/01/2015 - 18:35 | 5613228 Sub MOA
Sub MOA's picture

History bitchez

 

Winston Churchill in 1933 stated:

“If Germany does not return to the gold standard there will be another war in five years, regardless of who fires the first shot”.

Because of Churchill’s evil plot against Europe, Germany lost the Second World War and Great Britain had lost her Empire.  Germany was reduced to rubble, more German territory was stolen and then our remaining land was divided in East and West.  All German technology and patents were stolen.  Thanks only to the Bolshevik threat, Germany was tolerated as an American satellite. The German spirit of self-sacrifice was then bound by the chains of materialism and multiculturalism.

Through the intrigues of Franklin D Roosevelt, America became the New World Power. Who really rules the American people and its government became clear before World War I. In order to alleviate the downward economic cycle and financial difficulties, the private world banks, through their gold and cash reserves, convinced the government of President Wilson to establish the Federal Reserve Board. In return, the Federal Reserve was initially only involved as a consultant in the financial and economic matters of the government.

Thus, the door was opened, and over time, through their political whores, and both real and created economic crises, wars, etc, the Federal Reserve became the “Invisible Government” of the United States. The interests of the people were replaced by the greed of the World Bank and of their various corporate bodies. America has sold his soul to the devil, and thus, lost any right to call itself a ‘democracy’

In closing, I leave you with a very fitting quote from Major General J.F. Charles Fuller:

“It was not the political goals of Hitler that brought us to war. It was his success in building a new financial system. The roots of this war lie in greed, jealousy and fear.”

Do you really think an "audit" is gonna happen keep dreaming

Fri, 01/02/2015 - 01:18 | 5613969 TeethVillage88s
TeethVillage88s's picture

Or it could be that (not just due to FDR Intrigues) today we sit with internal Conflicts about Banking, Capitalism, Corruption, Fraud, Power Struggles, and struggles between socialism & fiscal Responsibility.

- It could be we imported the Culture of Pre-Nazi Germany.

- It could be that the Jews were great actors, philosophers, scientists, weapons creators, Bankers (Financial Schemes), Factory Owners... but most of all they were great at running governments in Eastern Europe, Italy, Great Britain, France, and Germany.

- It could be we imported all the best after WWII in terms of German & Japanese Weapons, Scientists, Government & Organizational Techniques... the Germans would have been proud to tell us all about it of course.

Sure, it could be that Maex, Lenin, Mensheviks, Bolsheviks... they were very influential and we brought them here in the early 20th Century in large numbers and increased this in the era of Ratlines and operation Paper Clip... I mean along with nazi & Jewish Financiers & Banking Ideas.

- The Clash between Social Liberalism, Liberal Banking, and Fiscal Conservatism in the USA in the 21st Century.

Thu, 01/01/2015 - 18:36 | 5613231 beavertails
beavertails's picture

Damage Control? So many options ...

a/100 Nail Guns
b/ Special Deliveries via Drones
c/ "Round" Trip around the world plane ticket sponsored by the Malaysian Airline of your choice Senator
d/ Scenic Tour atop the Sears Tower
e/ Ebola soup anyone?

Thu, 01/01/2015 - 18:35 | 5613232 Tinky
Tinky's picture

"If board members know that their statements may become public, they may be inhibited from speaking candidly about the economic trends they are observing or the monetary policies they believe would best respond to current conditions..." 

I've just emerged from a séance during which I failed to convince George Orwell that this quote was real.

Fri, 01/02/2015 - 05:19 | 5614146 dreadnaught
dreadnaught's picture

aw, the poor lying cunts

Thu, 01/01/2015 - 18:39 | 5613247 FieldingMellish
FieldingMellish's picture

Never. Going. To. Happen.

Thu, 01/01/2015 - 19:35 | 5613263 SickDollar
SickDollar's picture

+100

if they do we know it's bogus anyways

Thu, 01/01/2015 - 19:07 | 5613307 Consuelo
Consuelo's picture

Not until a Treaty of Versailles-like aftermath, unfortunately. 

Thu, 01/01/2015 - 18:44 | 5613255 SickDollar
SickDollar's picture

The day we will get a Full Audit is the day the Feds  are no longer in charge, so I say to the Puppet politicians making noise , please stop the comedy/BS 

You really think the system is going to allow the sheeple to audit one of their main weapon of control (money) LMAO

Last time I checked ,April's fool is on April 1st  not on Jan 1st


Fri, 01/02/2015 - 01:23 | 5613985 TeethVillage88s
TeethVillage88s's picture

I guess the FED is part of the Shadow Banking Sector.

The FED Probably inspired Private banking & Shadow Banking... But maybe this is just an Import from Europe. The Rothschild's must have conducted lots of secret deals for 3 hundred years or more.

Thu, 01/01/2015 - 18:44 | 5613258 Harry Balzak
Harry Balzak's picture

Auditing the fed would stimulate a confidence crisis by uncovering so much dirt and corruption.  When the world sees the US system for what it is--no more robust than the worst of 3rd world systems--global disruption will likely be catastrophic.  

I suspect TPTB will dissolve the fed before they'd be willing to audit it, even if it means introducing a new currency.  

I have no idea how this can be done.  

Thu, 01/01/2015 - 19:13 | 5613325 BingoBoggins
BingoBoggins's picture

The *rest* of the world already sees the US system for what it us; they equate me, you and the rest of us cynics here as co-conspirators. Lots of luck to you.

Thu, 01/01/2015 - 18:44 | 5613260 Crazy Canuck
Crazy Canuck's picture

The fed - 1st against the wall....

Or should we start with the criminal liars in congress....

Thu, 01/01/2015 - 18:47 | 5613268 bigrooster
bigrooster's picture

The tribe is getting nervous.  The ADL is going to have to step up and claim any audit of the FED is anti- semitic.  

Fri, 01/02/2015 - 05:17 | 5614143 dreadnaught
dreadnaught's picture

but it turns out that few if any Jews are SEMITIC-so they cant even scream out that rotting old whine/moan of "anti Semitic"

Thu, 01/01/2015 - 18:51 | 5613276 sbenard
sbenard's picture

Calling for an "independent Fed" is tantamount to saying they want a central bank without ACCOUNTABILITY!

Thu, 01/01/2015 - 18:52 | 5613277 Funny Money
Funny Money's picture

They'll pass it knowing that it'll be vetoed, and when the whole thing implodes into the shitter they can say they wanted to audit the Fed.  

They'd be crazy not to. 

Thu, 01/01/2015 - 18:53 | 5613278 SokPOTUS
SokPOTUS's picture

Pffft.  Sure.  All Yellen needs to do is launch one (1) intra-meeting 200 basis point surprise interest rate hike (with ensuing 5,000 point Dow plunge); and she can shut down the Congressional Clown Show real quick.

 

So.....boys?  What were you saying now about an audit?

Thu, 01/01/2015 - 18:59 | 5613294 CaptainMoonlight
CaptainMoonlight's picture

This Yellen cnt should hang for not wanting audits of the Fed. She is basically saying, "I will spend your tax money however the fk I want, and fk you, you can't see into "our" business." Everyone with this mindset in our government should hang now. These people are a million times more dangerous to the people than street cops. Enough is enough. 

Thu, 01/01/2015 - 19:03 | 5613299 CaptainMoonlight
CaptainMoonlight's picture

Where does this cnt traitor live?

Thu, 01/01/2015 - 19:04 | 5613301 MrTouchdown
MrTouchdown's picture

We'll get one branch of the criminal enterprise to review the books of another branch. Yeah! That'll show 'em! Oh... and it will work too (Barry promises).

Most 'Muricans don't know what a 'Fed' is, and if you were to try to tell them they'd probably scream something akin to "Stop bullshitting me with all that smart-talk while I'm trying to watch football!"

The only people who care about this event already know that the Fed are a bunch of crooks, and we all know that exactly nothing will be done about it because there aren't enough people who care to make it politically profitable to actually do anything substantive.

Sadly, it is just the latest from the R. Paul dog and pony show I'm afraid.

Thu, 01/01/2015 - 19:05 | 5613303 Consuelo
Consuelo's picture

What was it that Ruth Madoff said again...?

"The Gentiles are responsible for this..."

 

Thu, 01/01/2015 - 19:20 | 5613343 pndr4495
pndr4495's picture

Get rid of The FederaL Reserve System. Don't bother wasting energy auditing it. Scrap the legal tender laws. Let people keep whatever wealth their labor has earned for themselves. 

Thu, 01/01/2015 - 19:20 | 5613345 Midnight Rider
Midnight Rider's picture

If any Fed member feels inhibited from speaking candidly and publicly about what they are observing in the economy, then whatever they have to say isn't worth saying. We desperately need to get away from the concept that this secret cabal should have control over the country's economy. There is no way the Fed should have anywhere near the amount of power they have today. The Fed and other central banks are causing the wild gyrations in the world's economies from which they then have to attempt to "save us". The less power the Fed has, the better. Period. End of story. Roll back their power to it's original role of being the central clearing house for commercial banks. Nothing more is needed. Auditing the Fed will go a long way to stripping away this veil of secrecy the Fed feels empowers them to do whatever the they want without any visibility or accountability. The Fed currently does vastly more damage to the economy than good. They are the reason we are heading toward our next and greater financial crisis.

Thu, 01/01/2015 - 19:32 | 5613365 22winmag
22winmag's picture

Oh yes, I'm sure the Republicunts are really going to hold the Fed's feet to the fire.

 

Hit snooze and go back to sleep!

Thu, 01/01/2015 - 19:37 | 5613376 PaperBear
PaperBear's picture

The common people will never be allowed to know how much of their wealth has been sucked out by the vampires who own the planet.

Google Search – Homes of the Rothschilds

http://whatreallyhappened.com/de/node/375367

Do NOT follow this link or you will be banned from the site!