Rand Paul is an outspoken proponent of auditing the Federal Reserve, a private company that has been controlling the United States’ money since 1913.
Many argue the “Fed,” as it is casually tossed around as, is wholly unconstitutional, that it is Congress’s job to monitor the country’s money and not the job of a private company. The roots of the Federal Reserve, likewise, are shrouded in gross corruption.
Jekyll Island conference, which met that month, was dodgy even by the standards of the In 1910, Senator Nelson Aldrich put together a group of wealthy men and had them meet in secret on Jekyll Island. It was here that he, along with Abram Piatt Andrew, assistant secretary of the Treasury; Henry P. Davison, a business partner of Morgan’s; Charles D. Norton, president of the First National Bank of New York; Benjamin Strong, another Morgan friend and the head of Bankers Trust; Frank A. Vanderlip, president of the National City Bank; and Paul M. Warburg, a partner in Kuhn, Loeb & Co. and a German citizen.
After 10 days of secret collusion, guised as a duck hunt, they produced an idea for the National Reserve Association which would become a parasite on the American economy, handling the money but sucking interest.
Now, we have an opportunity to see their books. When we see how much money we are spending on their interest, we will know why we are in debt.
Thomas Massie and Rand Paul have introduced dual bills to audit the Federal Reserve and Donald Trump has spoken about his distaste for the central bank throughout his campaign.
House Republicans have a majority and have been long time critics of the Federal Reserve and the way it is run.
“On Tuesday, U.S. Senator Rand Paul reintroduced his Federal Reserve Transparency Act, widely known as the ‘Audit the Fed’ bill, to prevent the Federal Reserve from concealing vital information on its operations from Congress. Eight cosponsors joined Senator Paul on the legislation,” read a Paul press release.
Originally Published By Minds.com