Have you called your Senator to tell him to support HR1207 in its current form?

Two powerful Republican Senators are trying to water down this bill to AUDIT THE FEDERAL RESERVE. It is apparent anyone against this is part of the theft.

Here is some SCARY stuff on the Govt. Youtube channel watch and weep.

Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is.

http://www.youtube.com/watch?v=PXlxBeAvsB8

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CALL YOUR SENATORS TODAY TO STOP THIS THEFT!

America is being robbed.

HR1207 want more info? http://www.youtube.com/watch?v=26qTRUHNcb4

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Update 2:

MikeGolf, you need to wake up. I posted a video SHOWING Rep. Alan Grayson asks the Federal Reserve Inspector ON VIDEO asking her WHERE DID OVER 9 Trillion GO!!!!!!!

Stop making supid comments

2 Answers

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  • John H
    Lv 7
    1 decade ago
    Best Answer

    H.R.1207

    Title: 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.

    Sponsor: Rep Paul, Ron [TX-14] (introduced 2/26/2009) Cosponsors (224)

    Related Bills: S.604

    Latest Major Action: 2/26/2009 Referred to House committee. Status: Referred to the House Committee on Financial Services.

    S.604

    Title: A bill 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.

    Sponsor: Sen Sanders, Bernard [VT] (introduced 3/16/2009) Cosponsors (1)

    Related Bills: H.R.1207

    Latest Major Action: 3/16/2009 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    STUCK IN COMMITTEE, BOTH HOUSES. It's got a long way to go.

    The last Congressman that was foolish enough to get close to a Federal Reserve audit was Georgia Representative Larry McDonald. He died when the K.A.L. ariliner he was "mysteriously" wandered over Russian airspace and was shot down because the pilots refused to acknowledge tracer rounds going across the nose of the aircraft.

    I wonder what is going to happen to who this time.

  • 1 decade ago

    I have yet to really see a real explanation of _why_ we need to spend taxpayer money performing this audit in the first place.

    You claim 'theft' can you provide details of who, when, where, what and how?

    In fact your own question brings in to question the honesty of the people calling for an audit. It is not the function of an inspector general to conduct financial audits. Thus the fact that the question was asked brings up to possible reasons: 1) The asker has no idea what he is talking about, or 2) the asker knew exactly what he was doing and was successful in misleading people like yourself.

    And the next issue you are going to have to come up with an answer to is: Which set of accounting standards are you going to use for the audit GAAP or FAS?

    Source(s): I served a tour of duty as an IG.
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