Donald Trump Endorses Rand Paul Audit The Fed Bill

We Are Change

Senator Rand Paul has tweeted that President-elect Donald Trump has stated his support for the ‘Audit the Fed’ bill that he just reintroduced to the new Congress according to The Hill.

President-elect @realDonaldTrump has stated his support for #AuditTheFed. Let’s send him the bill this Congress. https://t.co/1twVBMv37u

— Senator Rand Paul (@RandPaul) January 4, 2017

Auditing the Fed, something that started with Rand Paul’s father, Ron Paul who has been pushing for years to have the Federal Reserve central bank audited.

That measure may soon become a reality if the new Congress votes in favor of the new legislation.

“The U.S. House has responded to the American people by passing Audit the Fed multiple times, and President-elect Trump has stated his support for an audit. Let’s send him the bill this Congress,” Rand Paul said.

Rep. Thomas Massie (R-Ky.) and Sen. Rand Paul (R-Ky.) have re-introduced the controversial legislation to “Audit the Fed,” after a similar effort failed with the last Congress January 2016.

Key points this time around, both chambers, the house and senate are controlled by Republicans who have long been critical of the Fed’s policies, and President-elect Donald Trump himself has said before on twitter he would audit the Fed.

Under the bill, the Fed’s monetary policy would be subject to outside board review by the Government Accountability Office essentially regulation.

However, if the U.S. central bank is ever fully audited there would be massive fraud exposed. Although former federal reserve chairman Ben Bernanke previously said that if an audit of the federal reserve was to take place the dollar and the U.S. economy would be in danger.

Janet Yellen similarly said the same thing that the U.S. dollar and the U.S. economy would be in danger when questioned by Senator David Vitter (R-LA) on November 14, 2013.

“My concern about the legislation is that if the GAO is auditing not only the operational aspects of the programs and the details of the programs but making judgments about our policy decisions would effectively be a takeover of monetary policy by the Congress and a repudiation of the indepence of the Federal Reserve would be highly destructive to the stability of the financial system, the Dollar and our national economic situation,” Ben Bernanke former Federal Reserve chairman, said.

“So I strongly support as indicated transparent and openness on the part of the fed and I think with respect to montery policy in terms of the range of information and the timliness of that information we are one of the most transparent central banks in the world. What I would not support is a requirement that we diminish the indpendence of the federal reserve in implementing and deciding on montary policy. For 50 years congress has recognized that there should be an exception to GAO ability to audit the fed to avoid any political inference in monetary policy I believe it’s critically important for the economic performance of this country and we’ve seen this around the world that allowing a central bank to be independent in forming monetary policy is critical to assuring markets and the public that we will achieve price stability and I would be very concerned about legislation that would subject the Federal Reserve that could interfere with that independence.”

https://www.youtube.com/watch?v=pHwx0_ZldW8

Former presidential candidate Bernie Sanders has also expressed his concern for missing money in the Federal Reserve previously asking Bernanke WHERE IS THE MONEY for the TARP bailout the 2.2 trillion dollars that the Fed lent the money out to anonymous banks.

Then there is the case of missing 9 Trillion dollars missing from the Federal Reserve, so that is now three different examples I have stated where the federal reserve can not account for it’s financial handlings.

But that’s not all billions Of dollars shipped straight From the Federal Reserve to Iraq went missing too. For math purposes let’s just say they lost a shit ton of money..

Ron Paul has also recently opted that he wants to join the Federal Reserve board under Trump’s new administration.

Paul has previously concluded that the Federal Reserve is a privately owned bank and the former fed chairman and past chairman attitudes toward and audit just expose that even more.

More so Ben Bernanke’s former advisor infamously suggested last year that “People Would Be Stunned To Know The Extent To Which The Fed Is Privately Owned”

Ron Paul Statement on Audit the Fed.

“I applaud my son Senator Rand Paul and my friend Representative Thomas Massie for their leadership on the important issue of auditing the Federal Reserve. Audit the Fed is the type of change the American people demanded when they went to the polls last November.

For 105 years, the Federal Reserve has exercised almost absolute and unquestioned authority over America’s monetary policy. The result has been a boom-and-bust business cycle, growth in government, increasing income inequality, and a loss of over 90% of the dollar’s purchasing power. No wonder almost 80% of Americans support Audit the Fed!

While campaigning for President, Donald Trump not only criticized the Fed’s easy money policies, he also endorsed Audit the Fed. With a President who supports Audit the Fed finally sitting in the White House, Congress has no excuse to not quickly pass this bill and finally let the American people know the truth about the Fed’s conduct on monetary policy, including its dealings with foreign governments and central banks,” Ron Paul, said.

John F. Kennedy tried to audit the Federal Reserve when he was assassinated it’s speculated that he was killed over signing executive order 1110.

The order was intended to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve central bank. Kennedy’s order gave the Treasury the power “to issue silver certificates against any silver bullion, silver, or standard silver dollars.”

With Trump potentially challenging the federal reserve although not threatening to end it but a threat to audit the Fed, is Trump at risk of assassination? We have already seen a threat by CIA employee Matt Harrigan threatening to shoot President-elect Trump with a sniper rifle. Here’s a short cartoon to explain the federal reserve.

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from We Are Change http://wearechange.org/breaking-donald-trump-endorses-rand-paul-audit-the-fed-bill/