Notícias sobre o Fed (2)

3. Contudo há ventos de mudança. Ron Paul faz avanços no Congresso para auditar o Fed, o que não seria mais do que uma acto simbólico de higiene política - leia-se What Would Be Involved in an Audit of the Federal Reserve?:

The specific details of those existing laws not allowing audits of the Federal Reserve are in regard to the agreements the Fed makes with central banks of foreign governments or international financing organizations (swap lines), any type of transaction that has been directed by the Federal Open Market Committee, and any of the discussions which result in how a decision was reached in relationship to monetary policy.

Essentially what this is saying is, whatever really counts and matters in connection with the Federal Reserve will remain behind closed doors and secret. Otherwise, they’re transparent and go through meaningless audits which regurgitate the same worthless data over and over again.

Our money is literally at stake, and we are holding our money in banks which we have no idea as to their financial status. We must insist that we have the right to all the data available to make the decision on which bank we’ll do business with safely, and that will never happen unless the Federal Reserve is audited on a consistent basis from now on. We all need to support HR 1207 for that reason.