Are any for the effort to audit the Federal Reserve? Billions of dollars have recently gone into the Federal Reserve. Relatively little is known about the inside workings of this privately held but important bank . Congressman Paul has 279 cosponsors of his H. R 1207. According to a recent poll by Rasmussen Reports 3 out of 4 Americans from across the spectrum of age, race and political affiliation and income agree that the Federal Reserve should be audited. The audit will be conducted by a agency of the Federal Government which has a good reputation for unbiased auditing. With the economy in such poor shape and the Federal Reserve having such a pivotal role in the economy which is so important to so many people perhaps now is a good time to conduct a audit.

Ron Paul in a speech recently turned the old argument that is often used on the American people to pass legislation such as the Patriot Act and in defense of carrying out wiretapping…etc against the Federal Reserve. The argument that states that if you have nothing to hide you should have nothing to worry about.