From NewsReview.com comes a fair discussion of Ron Paul’s H.R. 1207 and it’s companion bill from Bernie Sanders in the Senate, S. 604. Up to 282 and 23 cosponsors, respectively, both bills have recieved significant bipartisan support:
It would be difficult to find two members of Congress more diametrically opposed on the political spectrum than Paul and Sanders. However, the Fed’s refusal to disclose where trillions in bank bailout money has been spent brought the unlikely pair together. Which also explains why Rep. Dennis Kucinich, one of the most liberal members of the House, has enthusiastically endorsed Paul’s bill.
However, as the article explains, auditing the Fed “may be an idea whose time has come” — and not a moment too soon. After all, as a C4L coordinator interviewed for the article asks, “Would you like your money to be held in a bank that’s never been audited?”Published in