The growing Tea Party movement is about "we the people," not the politicians and parties.  This is about taking back control of our government. 

We're more than capable of making our own good decisions, and we're not about to let Congress run us and our ancestors into a life of debt!

Don't like Ron Paul?  Doesn't matter.  Don't like Republicans?  Doesn't matter.  Voted for Obama?  Doesn't matter.

This bill is good for you no matter what your politics are.  This is a big step in the right direction!

Maybe a cartoon will help.

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As Matt Hawes at Campaign For Liberty says:

It's long past time for the Fed's books to be opened. We can make it happen, and we can do it this year.

Congress is spending trillions upon trillions of dollars.  The Federal Reserve brazenly hides the money. It's your money.

Wouldn't you like to know where it went? You deserve to know the truth.


Contact your Congressperson and urge them to support this bill! And the great part is ... it'll take them less than 5 minutes to read it (unlike the recent TARP and "stimulus" bills)! Full text at end of post. Call them right now at (202) 224-3121.

I think you deserve to know the truth. Don't you?



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Text of H.R. 1207:

1st Session

H. R. 1207

    To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.


    Mr. Paul (for himself, Mr. Kagen, Mrs. Bachmann, Mr. Bartlett, Mr. Jones, Mr. Rehberg, Mr. Posey, Mr. Broun of Georgia, Mr. Poe of Texas, Mr. Burton of Indiana, Mr. Abercrombie, and Ms. Woolsey) introduced the following bill; which was referred to the Committee on Financial Services


Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the "Federal Reserve Transparency Act of 2009".

SEC. 2. Audit reform and transparency for the Board of Governors of the Federal Reserve System.

(a) In general.-Subsection (b) of section 714 of title 31, United States Code, is amended by striking all after "shall audit an agency" and inserting a period.

(b) Audit.-Section 714 of title 31, United States Code, is amended by adding at the end the following new subsection:

"(e) Audit and report of the Federal Reserve System.-

"(1) In general.-The audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks under subsection (b) shall be completed before the end of 2010.

"(2) Report.-

"(A) Required.-A report on the audit referred to in paragraph (1) shall be submitted by the Comptroller General to the Congress before the end of the 90-day period beginning on the date on which such audit is completed and made available to the Speaker of the House, the majority and minority leaders of the House of Representatives, the majority and minority leaders of the Senate, the Chairman and Ranking Member of the committee and each subcommittee of jurisdiction in the House of Representatives and the Senate, and any other Member of Congress who requests it.

"(B) Contents.-The report under subparagraph (A) shall include a detailed description of the findings and conclusion of the Comptroller General with respect to the audit that is the subject of the report, together with such recommendations for legislative or administrative action as the Comptroller General may determine to be appropriate.".

Contact your Congressperson today!



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