Is It Wrong to Want to Audit the Fed?

Audit the Fed because it is the least we should do. It would be better to annihilate it. Personally, I strongly believe the Federal Reserve should be shut down. Period. But if we’re going to have it, a little oversight is way beyond warranted. As Norbert Michel writes, “Federal Reserve Reforms Should Not Be a Partisan Issue.” “…the burden of proof should be on ‘Audit the Fed’ opponents. They should have to explain, for example, exactly what should exempt the Fed from the same sort Read more […]

The New Republic Is Afraid of Rand Paul

Rand Paul attracts his own economic attack piece in the New Republic. He is obviously a viable candidate. We have already noted that Rand Paul’s “Audit the Fed” bill seems to have a chance to succeed, because it is now being attacked. This attack is now being taken up by The New Republic: “Rand Paul Has the Most Dangerous Economic Views of Any 2016 Candidate.” Speaking in front of more than 150 Iowa activists, Paul ripped into the Federal Reserve and promoted his “Audit the Fed” Read more […]

What Is the Federal Reserve Hiding?

Ron Paul’s editorial on auditing the Federal Reserve was published in the Daily Bell yesterday: “If the Fed Has Nothing to Hide, It Has Nothing to Fear.” Since the creation of the Federal Reserve in 1913, the dollar has lost over 97 percent of its purchasing power, the US economy has been subjected to a series of painful Federal Reserve-created recessions and depressions, and government has grown to dangerous levels thanks to the Fed’s policy of monetizing the debt. Yet the Federal Reserve Read more […]

Federal Reserve in the Crosshairs!

The move to audit the Federal Reserve is back with the Republican resurgence. I have to admit I had assumed that this campaign would be quietly dropped now that the Republicans have control of the Senate. I am sure some will work hard against it. But it is great news that some in the Republican Congress will work to audit the Federal Reserve. According to Politico.com, “‘Audit the Fed’ to make comeback next year.” “Audit the Fed” is here to stay. The movement to bring greater Read more […]