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Showing posts with label audit. Show all posts
Showing posts with label audit. Show all posts

Thursday, May 06, 2010

The Fed Must Be Audited: The Fraudulent Practices of the Federal Reserve


In March 2004, when Alan Greenspan was Fed chairman, he suppressed the opinions of those Fed officials who knew that there was a housing bubble.

Congressman Alan Grayson points out that - because the Fed unilaterally decided to hand out half a trillion to foreigners without any Congressional oversight, and that Bernanke testified that he didn't know who got the loot - the Fed must be subject to an audit.'

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Friday, August 21, 2009

UK 'Can't Find' £6 Billion in Military Hardware

Auditors have been unable to find 6.6 billion pounds ($13 billion) worth of British military equipment including vehicles, weapons and radios used by troops, a report said Thursday.

The government has ordered a shakeup at the Ministry of Defence after the auditors found holes in its record keeping, the Financial Times reported.

The findings raised concerns about whether critical resourcing decisions for Afghanistan have been taken by MoD officials without knowing where billions of pounds of equipment, including machine guns, night vision goggles as well as spare parts, is located, the newspaper said.

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Thursday, July 02, 2009

Rothschild's Federal Reserve Must be Abolished


The history of the Federal Reserve is an ongoing battle between the Banking elite and the people and anyone who gets in the way is usually crushed. Bush and Obama's top down Wall Street bank bailout, at the expense of Main Street, is a good example of why Rothschild's Federal Reserve must be audited and eventually abolished

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Tuesday, May 19, 2009

Audit the Fed, Then End It!

I have been very pleased with the progress of my legislation, HR 1207, which calls for a complete audit of the Federal Reserve and removes many significant barriers towards transparency of our monetary system. This bill now has nearly 170 cosponsors, with support from both Republicans and Democrats. Senator Bernie Sanders has introduced a companion bill in the Senate S 604, which will hopefully begin to gain momentum as well. I am very encouraged to see so many of my colleagues in Congress stand with me for greater transparency in government.

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