Tom Woods, the Senior Fellow at Ludwig von Mises Institute, testifies in the Federal Reserve Oversight Hearing before the House Financial Services Committee on why we need to audit the Fed. As the well-known author put it: “If you’ve done nothing wrong, you’ve got nothing to worry about.”
Tag: "Audit the Fed"
The solution now is to lobby the U.S. Senate to take action. Which means calling, emailing and writing them. Several times a day if necessary until it comes up for a vote. The legislature is supposed to represent its constituents. Lobbying Senators can show people actually care about an audit being done.
I’ll keep it brief, but Rep. Ron Paul’s Audit the Fed bill (HR 459) garnered significant bi-partisan co-sponsorship showing that his legislation truly crosses party lines. According to Rep. Paul’s government website, this is the list: Audit the Fed Cosponsors – 112thCongress Bold=Original Cosponsor Italics = Democrat 1 Mike Coffman 21 Cathy McMorris Rodgers [...]
Yesterday the House of Representatives finally voted on, and passed, Ron Paul’s signature legislation the Audit the Fed bill, by a vote of 327-8. The bill had wide bi-partisan support; 89 Democrats joined all but 1 of the House Republicans in voting for the bill. Despite the broad bi-partisan support the bill has, it will [...]