Auditing The Federal Reserve is long overdue. http://www.federalreserve.gov/oig/oig_bio.htm Elizabeth Coleman as the inspector general of the Federal Reserve of the United States and is supposed to be responsible for preventing and detecting waste, fraud, and abuse, but in a videotaped Congressional testimony, she acknowledged that she can’t account for many trillions of dollars of our taxpayers money. TRILLIONS. Specifically she says she knows nothing about nine trillion dollars ($9,000,000,000,000) that is claimed to be unaccounted for.
Congressman Alan Grayson of Florida on May 6th asks about the huge piles of money that the Federal Reserve is responsible for, saying “I have to tell you honestly, I am shocked to find out that nobody at the Federal Reserve, including the Inspector General, is keeping track of [the unaccounted for trillions].” sourced at http://www.examiner.com/x-6495-US-Intelligence-Examiner~y2009m5d22-Federal-Reserve-Inspector-General-hedges-on-trillions-missing-in-Congressional-hearing
In an effort to find trillions of dollars we turn to The Federal Reserve Transparency Act, “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. http://www.govtrack.us/congress/bill.xpd?bill=h111-1207 . By my account it must have taken several years to misplace so much money, so any deceit has been going on for years.
While the the Reserve is owned by its member banks and not by the government, it issues currency and charges interest. These banks certainly would never want an audit, but the American people do and so does Congressman Ron Paul with over 200 of your elected officials as co-sponsors of the bill. www.ronpaul.com continues to crash my system so enter at your own risk.
Is there any money or gold at Fort Knox either? My bet is that there is nothing but gold dust laying in the vaults. As Proof from The U.S. Mint on June 22, 2009- http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?catalogId=10001&storeId=10001&categoryId=13238&langId=-1&parent_category_rn=10191&top_category=10191:
Production of United States Mint American Eagle Gold Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Gold Bullion Coins . Currently, all available 22-karat gold blanks are being allocated to the American Eagle Gold Bullion Coin Program, as the United States Mint is required by Public Law 99-185 to produce these coins “in quantities sufficient to meet public demand . . . .”
The United States Mint will resume the American Eagle Gold Proof and Uncirculated Coin Programs once sufficient inventories of gold bullion blanks can be acquired to meet market demand for all three American Eagle Gold Coin products. Additionally, as a result of the recent numismatic product portfolio analysis, fractional sizes of American Eagle Gold Uncirculated Coins will no longer be produced.
America is out of gold and money and we are headed up a shit creek. So what about silver and other metals to make bullets and guns? Can’t seem to buy that easily either, “It’s no secret, of course, that small-denomination bullion is hard to come by and gun sales are way up, but finding out first-hand that this stuff is unavailable brings home the reality of the situation, which is that the social mood is growing darker. On the surface everything looks normal; no one is protesting in the streets, the trash is getting picked up, and elections are as orderly as ever. But the market is quietly reallocating resources as individuals insure against a systemic breakdown” http://news.goldseek.com/DollarCollapse/1245697526.php
Speaker-Rep. James Traficant, Jr. (Ohio)http://en.wikipedia.org/wiki/James_Traficant warned numerous times of looming catastrophe before being sentenced to prison for being convicted of taking bribes, filing false tax returns, racketeering, and requiring office workers to perform chores at his farm in Ohio and on his houseboat in Washington, D.C.. He is currently serving an eight-year prison term with a projected release date of September 2, 2009http://www.bop.gov/iloc2/InmateFinderServlet?Transaction=NameSearch&needingMoreList=false&LastName=traficant&Middle=&FirstName=james&Race=U&Sex=U&Age=&x=0&y=0 Traficant turned down an offer of early release to a halfway house in Youngstown, Ohio because the prison official there testified against him. Either way government officials must be so happy to have him tucked away having said:
“It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; declared by President Roosevelt, being bankrupt and insolvent. H.J.R. 192, 73rd Congress m session June 5, 1933 – Joint Resolution To Suspend The Gold Standard and Abrogate The Gold Clause dissolved the Sovereign Authority of the United States and the official capacities of all United States Governmental Offices, Officers, and Departments and is further evidence that the United States Federal Government exists today in name only.” http://www.apfn.net/DOC-100_bankruptcy.htm
We need to bring accountability to the Federal Reserve now before Obama and anyone else in government spends one more dime. Have these people been tripping over quarters to pick up pennies for so long to be so ignorant and incompetent or it it just the little old taxpayer who continues to deny we are in a financial meltdown?
Amazingly, gold was recovered from the rubble of The World Trade Center but http://factsnotfairies.blogspot.com/2009/06/they-hate-us-for-our-gold.html notes the convenience of it all and explores the theory that something was amiss.
“We are on the verge of a global transformation. All we [ the CFR ] need is the right major crisis and the nation[s] will accept the New World Order.” End Quote. David Rockefeller: Founder and Honorary Chairman, Council of the Americas; Chairman, Americas Society; Founder, Forum of the Americas; Chairman, Emeritus, Council on Foreign Relations [CFR]; Founder and Honorary Chairman, Trilateral Commission [TC]; Chairman, The Bilderbergs.
Loose lipped Joe Biden warned of looming crisis. Between the Public Health Emergency over the Pandemic A/H1N1 Swine Flu, North Korea taking aim at Hawaii, discourse throughout the world, the events of 9-11 and the Federal Reserve misplacing NINE TRILLION dollars, the crisis are indeed adding up. America sits in the eye of the perfect storm for the change you don’t want to believe in.
New York Electrician 94 Chambers Street New York, NY 10007 (646) 415-6723
I can’t believe how your concise analysis sums up the financial cartel in a way that even the most uninformed citizen should be able to digest. Sadly, the “lock” these crooks have on the “politicians” will guarantee their continuation. I just finished reading The Four Horsemen Behind America’s Oil Wars by Dean Henderson, if you haven’t read it, I would guarantee you would find it riveting.
THE FEDERAL RESERVE IS A CRIMINAL ENTERPRISE: ITS TIME TO INVESTIGATE AND PROSECUTE THEM
The Federal Reserve recently announced that it would be repeating their previous con-game trick called “Quantitative Easing” that they say is designed to save the American economy. “Quantitive Easing” is a process by which the Federal Reserve and the U.S. Treasury conspire to print a massive amount of new “fiat money” backed by absolutely nothing in order for the Federal Reserve to buy American government debt. In other words, they are using phoney money to buy back their own debt. Don’t you wish you could pay off your debts, just by printing your own dollars backed up by absolutely nothing? Please tell me how this move by the Federal Reserve helps the American people?
You see, when the Federal Reserve and the U.S. Treasury enter into a criminal conspiracy to print more fiat money, it puts more American dollars into circulation, which in turn lowers the value of the American dollar, which in turn causes you to pay more dollars to buy the same things you bought at a lower price a month or two before. Our money is worth less; it causes inflation and our cost of living goes up. Please tell me how this move by the Federal Reserve helps the American people?
You say you don’t believe me. Well, take a look at the Commodity Research Bureau (CRB) Index. The CRB index tracks the prices of a basket of goods. The Index just hit a new 52-week high at the end of October 2010. Here are some examples that you probably have noticed in the supermarket and retail stores recently. It tells you how much prices have gone up in the last 12 months:
COTTON – price up 85 percent; SILVER – price up 51 percent; COFFEE – price up 50 percent; CORN – price up 41 percent; GOLD – price up 30 percent; SOYBEANS – price up 28 percent; SUGAR – price up 27 percent; COPPER – price up 26 percent; and WHEAT – price up 25 percent.
The new round of “Quantitative Easing” by the Federal Reserve, might include the printing of as much as $2 trillion or more of worthless fiat dollars and placing these new dollars into the economy. This will cause prices of commodities go higher once again and “tax” you via inflation even more. Please tell me how this move by the Federal Reserve helps the American people?
Let’s say I and a couple of my associates decided that through some sort of criminal trickery, we could cheat our fellow Americans out of their money, or at least make their money less valuable, while we made $Millions or even $Billions of dollars.. We would be considered an organized criminal enterprise and would eventually be prosecuted for operating an organized “Scheme to Defraud” by the federal government.
Why then do the American people and their elected representatives stand by and allow a private group of Banksters called the Federal Reserve, who conspire with government officials and other fellow travelers, to cheat the American people out of $Trillions of dollars of their hard earned money, or at least make it less valuable, without being charged with a crime?
To top it off, the privately owned Federal Reserve has been manipulating our economy for 97 years and we still don’t even know who the private shareholders of the organization are. This group of Elites are a very secret group of anonymous individuals and organizations who are very well insulated from public scrutiny, just like other high level criminal enterprise leaders. Yet, the American people remain at their mercy as these criminals attain super wealth status because they are permitted to manipulate and control our entire economy from behind a curtain secrecy, bribery and corruption.
Why has the Federal Reserve not been thoroughly audited since it was created in 1913?
Why has the Federal Reserve resisted every attempt to be audited? and
Why do our elected representatives seem reluctant to audit the Fed?
The answer is simple. The Federal Reserve is a criminal enterprise and a complete audit would clearly show that it has been involved in illegal activity for a very long time, with the cooperation of many of our elected and appointed federal officials and a small group of Wall Street firms and private financial institutions. How then can the American people continue to allow this secret, private organization, whose shareholders remain unknown, to run our economy?
It is definitely time for a full fledged congressional investigation and a separate criminal investigation of these globalist crooks. These Banksters at the Federal Reserve, along with their federal government co-conspirators, have stolen $Billions if not $Trillions of dollars from the American taxpayers by means of fraud, counterfeiting and participation in an ongoing criminal enterprise with other private financial entities.
The process of printing worthless, phoney money is called counterfeiting and it is still a crime. Not only should the Federal Reserve be audited as soon as possible, but the limited number of Bankster shareholders of the private Federal Reserve should be identified, investigated and prosecuted under the The Racketeer Influenced and Corrupt Organizations Act (commonly referred to as RICO Act or RICO).
RICO is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization. While the law’s original intended use was to prosecute the Mafia as well as others who are actively engaged in traditional organized criminal enterprises, its application clearly can be used against the Federal Reserve Banksters, along with their federal government and private financial institution co-conspirators.
Any reasonable person can clearly see that there are many individuals associated with the Federal Reserve, including its shareholders and emloyees, along with elected and appointed federal government officials, who have been involved in a long term criminal conspiracy through their coordinated manipulation of our entire economic system. These white-collar criminals have illegally destroyed the value of the dollar and weakened the country financially, while at the same time, making $Billions of dollars in illegal profits for themselves and their co-conspirators, all at the expense of the American people.
It’s time to stop them! It’s time to investigate and prosecute them as the criminals they are!
For Liberty,
John Wallace
Chatham, NY
http://www.TeaPartyRep.com