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Why The Federal Reserve Should Be Audited
Submitted by John Crudele via NYPost.com,
It is time for a comprehensive audit of Janet Yellen ’s Federal Reserve - and not just for the reasons presidential candidate Rand Paul and others have given.
The Fed needs to be audited to see if its ruling body has broken the law by manipulating financial markets that are outside its jurisdiction. A thorough investigation of the Fed will show once and for all if its former chief Ben Bernanke and current Chairwoman Yellen should go to jail.
I know, that’s a bold statement coming as it does on Sept. 1, 2015, with Wall Street still in half-bloom. But it won’t be so preposterous some day in the future if the stock market suffers a full-blown economy-busting collapse and Congress and everyone else are looking for scalps.
The Fed should be audited as a brokerage firm would be — its financial holdings, its transactions, market orders, emails and phone calls. Special attention should be given to what is called the “trade blotter” at the Federal Reserve Bank of New York, which handles all market transactions for the Fed.
The Fed’s dealing with foreign central banks — especially at times of market stress — should be given special attention. Trades in the wee hours of the morning should be in the spotlight.
Not surprisingly, the Fed is strongly opposed to an audit and sees it as an intrusion into its autonomy. Washington shouldn’t be intimidated.
Autonomy? Hah! That ended when the central bank started playing footsie with Wall Street.
Let’s look at what happened to the stock market last week, and it’ll explain what I think those who audit the Fed need to look for.
As you probably remember, stocks were headed for oblivion on Monday, Aug. 24. The Dow Jones industrial average was down 1,089 points early in the day before the index rallied for a close that was “only” 588 points lower.
China’s problems. Weak US economic growth. Greece. The possibility of an interest-rate hike. Those and other issues were the root causes of last Monday’s woe.
But Wall Street’s real problem is that there is a bubble in stock prices created by years of risky monetary policy by the Fed. Quantitative easing, or QE — the experiment in money printing that has kept interest rates super-low — hasn’t helped the economy (and even the Federal Reserve Bank of St. Louis concluded that). But QE did force savers into the stock market whether they wanted to take the risk or not.
None of that is illegal.
But the Fed now finds itself in the awkward position of having to protect the stock market bubble it created. So Yellen and her board of governors must have been pretty nervous when the Dow and other market indexes fell by an unprecedented amount on Aug. 24.
Then, overnight, there was massive buying of Standard & Poor’s 500 Index futures contracts. This was the remedy proposed by a guy named Robert Heller back in 1989 just after he left the Fed board. The Fed, Heller proposed, should rig the stock market in times of collapse.
Were those contracts being bought overnight by some Wall Street cowboy for whom potential losses in the disastrous market were of no concern? Or was it the Fed propping up the market?
Stock prices initially reacted well to the mysterious overnight buying on Tuesday, and the Dow was up 442 points — until it wasn’t anymore. The blue-chip index finished Tuesday, Aug. 25, with a loss of more than 200 points.
Then the same magical buying of S&P futures contracts happened Tuesday night and early Wednesday morning. Stocks again went up at the opening on Wednesday, but this time the gain held.
Credit was given to William Dudley, the head of the NY Fed I mentioned above, who offered his soothing opinion that interest rates probably wouldn’t be raised by the Fed at its September meeting.
“Once again, the Federal Reserve helped save the day for investors,” the New York Times wrote in a front-page article that cited Dudley’s speech.
But that wasn’t true — not unless Dudley’s speech leaked ahead of time. Stocks were up before Dudley’s talk and actually fell when he began speaking. That was probably due to the fact that Dudley pooh-poohed the idea of another dose of QE.
Wall Street got lucky the rest of the week ahead of this past weekend’s St. Louis Fed annual conference in Jackson Hole, Wyo. Plus, the month of August was coming to an end — usually a time when traders pretty up their books.
Money managers don’t want stocks to go down right before their performance is locked in and reported to clients.
The Fed has certain mandated responsibilities. It is supposed to keep inflation within a certain range. It is also charged with protecting the US dollar. Plus — and this is a modern-day responsibility — the Fed is supposed to help the economy and keep unemployment low.
Even if you agree with Heller that the market sometimes needs help, there is an enormous risk in doing this too often.
First, traders come to think that there is no risk in the stock market — a belief that has been proven wrong time and again.
Second, investors have no way of telling what the real value of stocks is.
And third, certain well-placed people on Wall Street will always know what the Fed is doing and benefit from it. And when the financial elite benefit, regular folks suffer.
It’s time to find out what the Fed has been up to. In this case, ignorance isn’t bliss — it’s costly.
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more like shut down and everyone involved inprisoned and have their wealth they stole from the world given back
Why The Federal Reserve Should Be AuditedMy guess is that ZH already knows. But it's news to the NY Post.
Better late than never.
"Why The Federal Reserve Should Be Audited"
Pardon my colorful metaphor... but, what the F**k is wrong with people?!
The Federal Reserve does NOT need to be audited... we KNOW what an honest audit will produce.
No... the Federal Reserve needs to be ELIMINATED and all of its debt-based monetary nonsense with it!!!
Please don't be deflected by this obfuscating time-wasting run-around ploy. The Fed needs to go away - forever - that's all we need to advocate and scream from the rooftops.
Agree. Law is just an abstract concept. There are only people and their actions, and the people who associate with the Fed are leeches to be abolished.
Hold on just a moment before you do that so Treasury can issue the Fed, via Goldman, a couple or three Trillion Dollar Coins with Krugster's picture on 'em.
John Crudele should stay away from bathtubs, and theaters, and nailguns, and high rise buildings, and yatchs, and...
“Washington shouldn’t be intimidated.”
LOL.. The author makes it seem like Washington, all the politicians and regulators are not OWNED by the Fed, it's shareholder banks and other un-named but biblically wealthy psycho’s.
This artcle is anti-semitic
If only there was a candidate that has been anti-fed and even has auditing the Fed as one of his main issues?
You know, someone who understands that the Fed is our biggest problem and will actually stand up to them.
That would be someone everyone here at ZH would get behind and support right? Since we all know this is the biggest issue of the last 100+ years.
Sorry, one candidate, one newly elected Pres. can not touch it. End of Story. If you don't understand what is wrong is immensely bigger than a US Pres. you understand little. Besides, anyone that could do any good will be eliminated.
Don't feed the trolls. Revoke you voter registration and stop contributing to the system any way possible.
It would be more fun if the Fed was "audited" by the Scientology Rapid Evaluation And Correction Team (REACT)
Straight from his website:
"The Federal Reserve was created by Congress and is supposed to be overseen by Congress. The Fed is now in every nook and cranny of banking with unprecedented regulatory powers and no Congressional oversight. I believe the Fed should be auditedand the regulatory power should be placed back under the control of Congress.
A complete and thorough audit of the Fed will finally allow the American people to know exactly how their money is being spent by Washington. For too long, the Fed has been operating under a cloak of secrecy. The American people have a right to know what the Federal Reserve is doing with our nation's money supply.
I will continue my fight to audit the Fed and restore transparency and fiscal sanity to our nation’s checkbook."
https://www.randpaul.com/issue/audit-the-fed
Of course after what the audit uncovers, even the average Americans will want to end it.
GAO audit, at least establish a baseline.
Then we can go from there with the rest of the fucked up numbers that are being coal shoveled out.
If J_ws were truly self-interested, huckestering, money-god worshipers as Herr Marx wrote in 1843, they would also be anti-Semitic.
Wait! WRT Palestinians and most Semites in the region of "The State of Israel", they are anti-Semitic!!!
Curious, that.
I agree whole-heartedly with your comment.
Unfortunately the vast majority of people need the truth shoved up their anal canals before they'll put down the remote.
I'm so fucking sick and tired of being "second guessed" by friends and family, when I try to offer a little friendly advice.
The first thing they do is run to the CFP, broker, or other assclowns managing their investments and ask if I'm correct.
Then the 2/20 or other commision based assholes tell them to just keep BTFD and hold for the long term.
Lately I've been getting a lot more phone calls, as volatility has picked up, and I'm not returning them. They were warned, and I'm not getting paid for the advice, so they can ride the sinking ship into Mr. Yellens deep sea abyss.
I've even been asked if I'll speak to individual get togethers with friends and relatives of folks.
I'm out of that business. Same's you. Already said my piece.
I tell people anymore how to manage risk: Do only what will let you sleep well at night.
Obviously some folks didn't listen. And are now looking for affirmation, not information
lol; Knuks, it's like the guy that goes to the doctor with a mole on his finger, and the doctor says he has melanoma.
The guy goes home and puts Windex or whatever on it for several months thinking it will just go~away.
A year goes by and the guy gets wheeled into the emergency room, where his doctor is standing by with x-rays showing him with stage-5 cancer and weeks to live.
The problem with people, is that they let symptoms become problems. ;-)
Like the vast majority of Americans, they won’t allow the illusion to be shattered because it takes focused effort to pierce the veil and pay attention to underlying conditions.
Most are too busy texting, Facebooking, clubbing, watching DTWS or otherwise engaging in distractions to pay attention the issues that are shaping the future.
End the Fed. Central banks, whether law abiding or not, contain within them the seeds of economic destruction. As does elastic fiat currency. As does all forms of central planning. End the Fed.
C'mon .Banana Republic.
Nationalize the Fed.
also, an audit would never be honest. rather, it would be like a warren commission or ntsb 911 report.
Agreed. Every Son-of-a-Bitch that works for the Fed needs to be hanging from a lamp post on the nearest corner. I don't give a shit if it's a janitor that mops find floors in the Fed Bank of Philadelphia, Hang' em all for high treason ! You associate with organized crime, in this case the Fed, prepare to suffer the consequences.
For Janet and the board of governors, let's start with a blowtorch and a pair of plyers ....
S.D.G.
The federal reserve CORPORATION is not by any stretch of the imagination or mere reality -- godly ..
Because recognition of all of the off balance sheet transactions would at least quadruple the size of the balance sheet?
Just a guess.
Remember that line in there on an unqualified opinion: "Fairly Stated" (laugh track deafening)
Audit it then what? Does anyone believe any legal body is going to do........what? Kennedy had one solution and was murdered.
It would take an act of CONgress, unvetoed to have any effect and they are bought.
"more like shut down and everyone involved inprisoned and have their wealth they stole from the world given back"
Hey I'd like shut down the fed myself but here's the rub: there is no wealth to confiscate and give back. All wealth created through central banks and fractional reserve banking practices is an illusion. There is no there there. Since 1913 every single asset denominated in dollars that have been created out of thin air are illusory.
"there is no wealth to confiscate and give back."
Wrong. Very real and tangible assets were purchased (stolen) with those dollars.
And if they find criminal activity, what do you expect next?
Hilda is still free.
'Zat the same German au-pair Hilda that I knew in England back in the 60's? One I knew always wore a leather zoom-zoom and high heels.
Twisted little (well, she was a very large German blonde ... almost scary large person, but after a few drinks, who cared...) critter she was.
Oh, my bad. You're talkin' 'bout the Canks. Sorry. Got carried away....
Who hasn't had a critter in their days?
Doesn't need to be audited to prove it's corrupt.
Just look at how it came into being and you'll know it's a criminal cartel.
Saves a lot of time and bullshit.
Yeah. I'm sure the audit will happen any day now.
Never going to happen. But we can continue to dream, can't we?
#FreeCorzine4Ever
Audit my ass...not enough. Must re-compete the Federal Reserve. It is after all a private subcontractor to the US Treasury...been in the NY banks' hands way too long.
Pass Kevin Brady's bill: http://on.wsj.com/1hV27Tm
Are we dangerous here?
Audit the Fed?
Imagine Dorothy pulling back the Wizard's curtain, and finding some confused old farts standing around a very-busy Xerox, stupidly blinking at the strange phenomena called 'sunlight' suddenly streaming in.
Boom! Fed audited.
First an audit....then PRISON for the people who broke the law.
The Fed is too strategic for 0.0001%. Only a revolution will work.
This doesn't have any thing to do with this post.
I was just reading about some relatively new synthetic, bath salts type designer drug called "Flakka".
Evidently this stuff makes folks bat shit crazy. I'm not gonna link any videos, but do a google search
and you'll see the loony tunes. Anyway, I read that this shit is being funneled into the States via
China. The article said the fall out from this shit is wreaking havoc on police budgets in effected areas.
Then I got to thinking this would be the sort of thing that could cause a chemical depot to go boom
in order to stop the flow. Probably not the case, but I wonder what was stored in China where the
explosions occurred.
affected
Thanks for the grammar catch, I'll strive to do better in the future. Is that you Mrs. Pettigrew?
we should be able to see who the Majority stock holder are.
Right
And their entire action list.
And if it's lost, throw them in jail until, foound.
It is a private company
Run
By Private people
With
Personal interests
he have already killed thousands of people
Presidents and common folk
They own us
They are superior
The play us out against each other
Audited? How about Criminally Prosecuted. Tried, Convicted & Executed.
Executed? Sounds harsh. How about "terminally inconvenienced"?
all jews should be forced to move and live in israel........that way they can just steal from themselves instead of stealing from humanity.......
Horseface just promised billions of dollars to Israel and Saudia Arabi for military gear.
Enjoy the F-35's you chosen ones.
http://freebeacon.com/national-security/kerry-promises-israel-saudis-mon...
Sounds good but first you have to revive the American Constitution backed up by police and court power. The corporate government passed their own pretend laws allowing manipulation of all the markets. This violates the law of the land but not the US corporate law. which is regulations/Admiralty Law. In short, might makes right and is in fact fully implemented throughout the world. They make it up and say "It is the law and you shall obey."
Boy oh boy! Them's fightin' words! Don't mess with the Fed and its money! We'll have domestic nuclear war!
They should be held in prison until the audit is complete. And then prosecuted for treason and the funding of the genocide of 2,000,000 Muslims including 500,000 children.
One of the things that the founders of the Great Republic were leery of was the power to do good, since this is the source of so much corruption.
In this case, the crash of 87 led to the invention of the now-notorious Plunge Protection Team, which was designed with laudable intentions in mind.
Namely, to calm a one-off panic.
It was intended to be a rare and temporary grant of the power to do good in an extraordinary situation, and has instead bercome the power to wield power all the time. When it is necessary to prevent panic every single day that the markets are open, in every single exchange, in every single country in the world, then the rationale for its invention has ceased.
It is no longer a tool to avoid panic, but a tool to avoid stock market losses on the amazing theory of justification that losses might cause a panic.
And the level of loss which triggers its invocation grows smaller and smaller as the days go by. We are virtually at the point where ANY threat of loss triggers intervention. Nothing but green every day will suffice.
These vain men of Icarus and all who ride upon their gloriously engineered wings of wax are about to fall back to earth.
The Fed doesn't conduct market manipulations, they merely fund them. The President's Working Group On Financial Matters (Plunge Protection Team, or PPT) does the actual manipulating and they are authorized to do so by Executive Order (Pres. Ronald Reagan, 1988).
The Fed credits a ghost account at Goldman Sachs. Goldman Sachs has a proprietary stock futures algo that buys call options. They fire it up when the PPT gives the order. By purchasing call options like crazy the PPT algo confuses all the other algos into "buy" mode. This lifts the broad market dramatically and can easily reverse market direction.
The PPT's ghost account never exercises the options they purchase. They just let them expire, "losing money" if you will. But the "lost" money was simply fabricated by the Fed anyway, so no harm done. Goldman makes commission on the trades but also, more importantly, gets to front run the PPT algo's market-rising effect since they know when it's turned on.
The PPT's actions are, by Executive Order, highly secretive and not subject to auditing. They answer to no one. It's a matter of National Security to preserve a stable, upward-moving US Stock Market.
Now you know. They're gonna have to shoot you if they find out you know, so don't go blabbing.
The way it looks to me is that the Fed will never be audited, unless of course the NWO bosses decide to throw the whole bunch under the bus.
Even if they were audited, the books would be soooo cooked, it would take years to decipher. Plus, they have so much shit hidden and buried off the books that even someone like NoDebt, might not be able to find it...however, that's who I would nominate to conduct it, Yen Cross too!
Not to mention the endless stonewalling that would ensue a la Clinton and the IRS.
The Federal Reserve doesn't need to be audited, it needs to be abolished. If you audit the Fed, you will find that it is doing exactly what it was intended to do.
- G Edward Griffin
That is why an audit is step 1. It is politically acceptable and will lead to findings that will make the public call for its abolition. Which, of course, is why they fight getting audited so hard.
"That is why an audit is step 1. It is politically acceptable and will lead to findings that will make the public call for its abolition. Which, of course, is why they fight getting audited so hard."
With respect, but you are completely and totally ignoring the fact that the slithers, pols and crats, are in on the FedRes' grifts and schemes.
Zion is a scheme, not an ethnicity.
As for the idea of a "political" solution, I offer up 9/11, Corzine, Sandy Hook, and "Hope and Change" as counterpoints.
Market makers are subject to audit. This would include the Fed under lawful conditions.
But with the communist in the white house, fuck it!!! Anything goes BITCHEZ!!!!
Careful what wish for.
There is nothing in the federal government that is auditable.
Hey Bob, this spread sheet seems to have a programming error, 3 + 3 = 2. Joe, if you keep that up, you will be joining Vince. (as in Foster).
How do you audit a legally sanctioned institution with a license to kite checks? They should be put out of business. They will in due time like John Law's Banque Générale
The idea of a Privately owned central bank printing what THEY call money and loaning this ink
and paper out with interest is patently absurd. Every time I see a graph that shows how much debt each country owes, I find myself asking "owes to whom"?? What are people thinking? Each nation can print there own money interest free.
The Federal Reserve Act needs to be repealed. Period, paragraph!
No audit because the bankster cabal is running the show.
They would find out the Fed has 2 sets of books. The one that says $4.5 trillion and another that says a lot more with overseas non-performing debt.
If I lie about the state of my company on TV and manipulate the accounting methods so the company's stock goes up, isn't that illegal?
Every day the Fed lies about the state of economy, what they are buying, and what is on their books so the market can go up.
Pretty sure that counts as illegal activity.
My favorite part of Trump's last speech was when he was talking smack about the fed and wanting to audit it. Oh, wait.
The Federal Reserve is a Unconstitutional and criminal cabal of thieves and psychopaths, not to mention a den of Zionist parasites and vipers.
To propose "auditing" the FedRes is like proposing the auditing of the mafia--humoring the criminals.
The FedRes needs to have their grifts shut down, the perpetrators, past and present, tried, and the guilty guillotined.
Zion is a scheme, not and ethnicity.
Guillotine the Fed. Audit the heads.
Guillotine the Fed.
Audit the heads.
Amusing twist for that tag line!
Using SCOTUS logic from Wickard v. Fillburn - if they have any impact on any market then they have impact on every market because as a result of their activity some transaction may or may not have occurred.
It's all irrelevant anyway. Even if they were found to break the law in heinous fashion it would be declared necessary after the fact. Anyone showing damages due to the illegal action would be told to go fuck themselves and since the fed has infinite money eventually they would.
We all know the Fed is rigging the market, and they will put up all sorts of reasons why they need to protect people from their own fears. BUT they where it gets illegal is when the privileged few close to the Fed get advance information as to when the fix is in. Wouldn't it be nice to know in advance when they were going to buy S&Ps or other large caps, or perhaps lube the HFT alogos before the market rips higher. It is extremely easy to see whom these chosen few are; the ones that haven't lost money 99% of the time over the last six years. What a great way to get a bonus for one's expertise in trading, when advance info flows to the Banks whom the Central Banks / Fed represent. Look at what Geithner did in 2008 when he tipped off a Bank the day before the Fed made an announcement. This is where the illegal / insider trading is!
Congress believes that Iran can be trusted to audit their own nuclear activities. Perhaps Congress could hire the Iranians to do a fair and unbiased audit of the Fed.
Yes /sarc
So you all are missing few simple reasons Fed should be audited that are right in your face.
That is: Fed is conducting foreign policy. Now, maybe they are coordinating this with the State, Treasury or both, none of that good.
Whether explicit or implicit, by design or accident, Fed needs to be stopped from acivities affecting foreign trade or foreign relations.
Fed was envisioned for domestic purposes only.
Anyway, Fed does have a charter and price stability and full emplyment are not that only parameters it is supposed to follow.
That's why we need the audit.
Why the Federal Reserve should be audited...
But won't!...
Because the American people don't got what it takes to make the sacrifices to ensure that they have a future!!!
A down to the nap audit is long overdue. Articles of Incorporation, Bylaws, listing of current shareholders, the whole tamale. Next up, a full blown audit of the US Gold reserves. Might as well check out the SPR while we are busy.
Not in Kansas any longer Toto
The existence of this article, and a great many of the comments, are an eloquent testimony to exactly why we are fucked. Any talk of auditing the fed, or even of abolishing it, points to ahopelessly naive belief in the possibility that the system is fixable. Stop believing that we have something worth saving you fucking morons.
Audit hell! Defenestrate!
Ezra Pound was put in sanatorium in St. Elizabeth's and charged with Treason...
Maybe he should have his portrait on US Dollar.... Or a US Green Back... or a Local Currency... or all three!
To audit the Fed would destroy it.
The results would be catastrophic.
Serious efforts that could successfully End the Fed would probably trigger far worse inside job, false flag attacks than ever before, that would surely precipitate the severe social storms recently predicted in this article: The #1 Terrorist Group Is You, Domestic Citizens
The existence of the Federal Reserve Board is due to the best organized gangsters, the international banksters, being able to persistently apply the methods of organized crime to the political processes. The results have been that governments are the biggest form of organized crime, that ENFORCE FRAUDS by privately controlled banks, which are the best organized crime.
To audit the Fed would focus more public attention upon those basic social facts. The Fed is based upon legalized counterfeiting. The entire banking system works on the basis of making the public "money" supply out of nothing as debts (which has been used to "pay" for strip-mining natural resources.) The deeper reasons regarding how and why the Fed is the American National King of Fraud, integrated into a globalized systems of similar Kings of Fraud, with the Bank of International Settlements being the current King of Kings of Fraud, require that the vast majority of people continue to not understand that, and to feel that they do not want to understand that.
To audit the Fed would be the first step to End the Fed. However, since money is measurement backed by murder, to actually change the monetary systems would require changing the murder systems that back that money up. That debt slavery system is MAD Money As Debt, whose structure necessarily become MADDER & MADDER. Meanwhile, the established debt slavery systems, that the Fed was at the center of, were always being advanced by wars based on deceits.
The Fed exists as the result of triumphant organized crime, and its excessive successfulness at doing what it was really designed to do has become runaway criminal insanities. The established systems of debt slavery, backed by wars based on deceits, have already generated numbers which have become debt insanities. There are really no solutions which could work without changing the death control systems that back up the debt control systems. The most probable ways that will happen are that the runaway debt insanities will provoke runaway death insanities.
In that context, the article above was grossly superficial. It does not recognize the deeper reasons for how and why civilizations necessary operate according to the principles and methods of organized crime. Rather, it tends to focus on some of the possible superficial ways that the Fed has been engaged in illegal activities. The deeper problems are WAY WORSE than that!
Any genuine investigation of the Fed would surely demonstrate that THE MORE ONE KNEW, THE WORSE IT GOT! That is what always happens when one learns about politics, because politics has always actually operated according to the principles and methods of organized crime, which have become excessively successful in proportion to the degree that people do not understand the deeper reasons for how and why that is the case, and must have been the case, as well as having mostly been conditioned to not want to understand.
In my view, (as many previous comments above already indicated) many of the people who call for an audit of the Fed, which would be a first step towards the goal to End the Fed, tend to not fully face the terribly toxic rotten can of worms that they would be opening. The same goes for those who call for a better investigation of what really happened on 9/11/2001, or any other similar investigations of the ways that the basic sociopolitical systems are based upon DEBT SLAVERY, BACKED BY WARS BASED ON DECEITS. Indeed, several previous comments above already made similar points, including various perspectives upon that there are no politically possible ways, within the established systems of the FUNDING OF POLITICS, to make any genuine audit become actually implemented.
Any serious effort to investigate and make public the social facts regarding how the DEBT SLAVERY systems really work risks the ratcheting up of the WARS BASED ON DECEITS. There are necessarily combined money/murder systems, because money is necessarily measurement backed by murder. To audit the Fed, or even to generally investigate the history of the Fed, would demonstrate the central social facts that the political economy is based on governments ENFORCING FRAUDS by privately controlled banks.
Anyone who is serious about proposing an audit of the Fed should follow through to describe what different kinds of death control systems they would promote, in order to back up different debt control systems, should the Fed actually be more publicly revealed to be what it already actually is, and how that American King of Fraud fits into the already globalized systems of electronic monkey money frauds, based by the threat of force from apes with atomic bombs.
The history of the Fed fits inside of that presented by the historian Carroll Quigley, amongst numerous other sources that one could consult if one wanted to do so, in order to confirm that the basic social situation is that the Fed represents runaway organized crime, dominating the political processes to the point where civilization has become runaway criminal insanities. Central bankers work like organized crime works:
You go Rad !
Should a bear shit in the woods ?
Audit = implosion. Not just for the Fed.
Lost my interest after the first sentence "... of Janet Yellen's federl reserve..." Like it makes a difference who the head of the crooked organization is.
THe point is, the Fed runs Congress, not the other way around. Ain't gonna be no audit, no way, no how. You'll see 10,000% inflation, wheel barrows full of money for a pack of gum, the Chinese flag on the White House, before you will see anything like an audit of the Federal Reserve.
:...A thorough investigation of the Fed will show once and for all if its former chief Ben Bernanke and current Chairwoman Yellen should go to jail."
(And many, many moreeee)
An audit of the Fed would no doubt be nothing more than a whitewash of the Fed.
Guillotine the Fed, instead.
And call Arthur Anderson to perform the cleanup.
Oh, and, another thing, LUCID Radical Marijuana! This world we see is a holding pen. Technology has stalled in here, the actually exponentially developed principles of applicable technology are no longer inserted into our society, we have our clunky spy on ourselves handheld devices, and that's it, food will get worse, clothes will fall off our backs, and shoes will crumble as we try and flee the wreckage of our designed to rot faux palaces. Who needs to improve fillings when they are already made with a Mercury Payload!
Expect one day to hear AI voices so good you cant tell you've just gone to a trial on your crimes over video presided over by a digital judge, whose existence you didn't suspect because they don't use that level of AI on us yet. Have fun trying to do in the digital copy of your new bosses hanging out on copies of armored hard drives somewhere over the rainbow in Serverland. Plot spoiler, only one of you can be erased.
Those who only use Roads others have made will one day see they have been left behind. its the only way out left.