Fed balance sheet can be audited, panel says
MARKETWATCH
WASHINGTON (MarketWatch) - A key congressional committee approved legislation on Thursday that would allow for government audits of Federal Reserve monetary policy as well as how much the central bank has lent and will lend to specific banks in response to the financial crisis, despite major opposition from the central bank. The measure, introduced by Rep. Ron Paul, R-Texas, has the support of 309 members of Congress.
WASHINGTON (MarketWatch) - A key congressional committee approved legislation on Thursday that would allow for government audits of Federal Reserve monetary policy as well as how much the central bank has lent and will lend to specific banks in response to the financial crisis, despite major opposition from the central bank. The measure, introduced by Rep. Ron Paul, R-Texas, has the support of 309 members of Congress.
Posted by PIMPIN TURTLE at 11/21/2009 11:56 AM 
Categories: Law and Order,ALL THE BEST STUFF,Latest News,Economics,Politics,Ron Paul
Tags: HR 1207 Federal Reserve Audit the Fed
Categories: Law and Order,ALL THE BEST STUFF,Latest News,Economics,Politics,Ron Paul
Tags: HR 1207 Federal Reserve Audit the Fed
The great economist & libertarian, Murry N. Rothbard, wrote the definitive exposé on the Federal Reserve, entitled: "The Case Against the Fed."
It's a must read!!!
Reply to this