Constitutional Paulicy
07-25-2012, 03:43 PM
http://www.thenewamerican.com/media/k2/items/cache/aabb50c1d642d5ac87a857d7c2727780_XL.jpg
Rep. Paul's Audit the Fed Bill Passes House, 327-98
Wednesday, 25 July 2012 17:00
Written by Thomas R. Eddlem
Rep. Paul noted that a full audit of the Federal Reserve by the General Accountability Office (GAO) was particularly necessary after the GAO revealed in 2011, after a partial audit, that the Fed had secretly lent out some $16 trillion in loans to establishment banks at the height of the housing and financial crisis, potentially putting taxpayers at risk for more loans than the nation's gross domestic product. The partial audit had been commissioned in part by legislation on the Fed that Paul had sponsored in 2009-10.
more here...... http://www.thenewamerican.com/usnews/congress/item/12213-rep-pauls-audit-the-fed-bill-passes-house-327-98
Rep. Paul's Audit the Fed Bill Passes House, 327-98
Wednesday, 25 July 2012 17:00
Written by Thomas R. Eddlem
Rep. Paul noted that a full audit of the Federal Reserve by the General Accountability Office (GAO) was particularly necessary after the GAO revealed in 2011, after a partial audit, that the Fed had secretly lent out some $16 trillion in loans to establishment banks at the height of the housing and financial crisis, potentially putting taxpayers at risk for more loans than the nation's gross domestic product. The partial audit had been commissioned in part by legislation on the Fed that Paul had sponsored in 2009-10.
more here...... http://www.thenewamerican.com/usnews/congress/item/12213-rep-pauls-audit-the-fed-bill-passes-house-327-98