Senator Bernie Sanders has introduced both a bill and an amendment that would require an audit of the Federal Reserve - despite its public sounding name, the Fed is a private corporation that has its multiple financial sector hands on the tiller of the America's seriously listing economic ship.
This entity is literally above the law. The Fed is a major government player that cannot be investigated, audited, or subjected to any federal oversight. Ron Paul made taming the Fed a major platform of his GOP presidential campaign. And now Sanders is getting closer to voting on legislation that would take the first steps towards that goal.
Below is the text of a letter I sent to both Colorado senators today:
Senator Bennet/Udall - I ask you to support Senator Bernie Sanders of Vermont in his efforts to pass either a bill or an amendment to audit the Federal Reserve (Fed).
If you are serious about financial sector reform, and showing that Congress is representative of the majority of American citizens, this must be your course.
It's painful enough knowing that a private corporation - the Fed -is legally distanced from private citizens and congressional oversight. And that this private corporation is in charge of the nation's money protocols, interest rates, etc., but it does not answer to the people.
No federal entity should be above the investigatory/audit functions of the Congress. Establish this right of the people by voting for whatever measure legalizes oversight of the Fed.
By not voting for this reform, Senator, you confirm your support of big financial corporations at the expense of the citizens of Colorado. How else to explain it?
Below is the text of a letter I sent to both Colorado senators today:
Senator Bennet/Udall - I ask you to support Senator Bernie Sanders of Vermont in his efforts to pass either a bill or an amendment to audit the Federal Reserve (Fed).
If you are serious about financial sector reform, and showing that Congress is representative of the majority of American citizens, this must be your course.
It's painful enough knowing that a private corporation - the Fed -is legally distanced from private citizens and congressional oversight. And that this private corporation is in charge of the nation's money protocols, interest rates, etc., but it does not answer to the people.
No federal entity should be above the investigatory/audit functions of the Congress. Establish this right of the people by voting for whatever measure legalizes oversight of the Fed.
By not voting for this reform, Senator, you confirm your support of big financial corporations at the expense of the citizens of Colorado. How else to explain it?
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