HR 1207 Federal Reserve Transparency Act of 2009
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.
The Federal Reserve Transparency Act of 2009 (H.R. 1207) is a bill introduced in the U.S. House of Representatives of the 111th United States Congress by Congressman Ron Paul (TX-14). The bill proposes a reformed audit of the Federal Reserve System (the "Fed") before the end of 2010; it has 232 cosponsors as of 06/16/2009, and has been referred to the Committee on Financial Services. Its Senate version is called the Federal Reserve Sunshine Act of 2009. A related bill uses the same two names in reverse order.
I like this bill and think it is a good start to hold down the NWO, but I know it will never get approved. Or if it does get approved it will be a weaker version and will not have the teeth needed to get the job done, or the loop holes will make a way for the Fed to get around any real audit. They may have some form of audit but we will never see the real numbers. We will get a cooked book version of the numbers. Remember the NWO never sleeps and I know they will never let use see the true numbers of the Fed.