An interesting article in Forbes entitled “If Alan Greenspan Wants To ‘End The Fed’, Times Must Be Changing,” informs us that the predictions we made long ago about the Federal Reserve are coming true. The author of the article is Nathan Lewis, an economist, former strategist for institutional investors and author of a best-selling book Gold, the Once and Future Money. Our predictions regarding... 

Audit The Fed The Senate voted unanimously to peer into Federal Reserve decision-making Tuesday, authorizing an examination of the central bank’s emergency lending to financial institutions in the months surrounding the 2008 financial crisis. Separately, Democrats rejected a Republican plan to end the government’s support of mortgage giants Fannie Mae and Freddie Mac — a financial rescue... 

Following last-minute adjustments, a proposal to audit the Federal Reserve that the Obama administration once opposed was on the verge of passing the Senate as it attracted broad support from conservatives and liberals alike. The administration withdrew its objections to the proposal Thursday, saying it was satisfied that the audit would not interfere with the Fed’s authority to set monetary... 

Washington has so thoroughly botched its supervision of the banking industry that 200 banks are likely to fail this year — easily surpassing last year’s 140 bank failures … inevitably involving the greatest bank losses in history … and already costing the FDIC ten times more than the great S&L and banking crisis of the 1980s did. I am not basing these conclusions on conjecture. They com... 

Federal Reserve Board Chairman Ben Bernanke on Thursday voiced his opposition to legislation calling for regular audits of the Fed’s monetary policies, but 79% of Americans think auditing the Fed is a good idea. A new Rasmussen Reports national telephone survey shows that just seven percent (7%) of adults oppose auditing the Federal Reserve and making those results available to the public. Fourteen... 

I was pleased last week when we won a vote in the Financial Services Committee to include language from the Audit the Fed bill HR1207 in the upcoming financial regulatory reform bill. As it stands now, if HR 3996 passes, because of this action, the Federal Reserve’s entire balance sheet will be opened up to a GAO audit. We will at last have a chance to find out what happened to the trillions of... 

For 26 years, Congressman Ron Paul has been vocal about abolishing the US Federal Reserve. Prior to the debate on his Federal Reserve Transparency Act, Ron Paul joined RT to explain how the crisis helped his efforts.  Read More »

Alan Grayson: To which foreign banks half a trillion dollars went? Jew Bernanke: I don’t know!  Read More »

The central bank of the United States government–the Federal Reserve–thinks it needs a lobbyist, to work in Congress against Ron Paul. The Bloomberg story doesn’t mention Ron, but instead interviews some ex-Fed think-tank hack in DC. But it is Ron Paul the Fed fears. What a great achievement of Ron’s, to make what Andrew Jackson called “the Monster,” the all-powerful,...