Cool news regarding the Federal Reserve

From The Washington Times:

�Audit the Fed� bill advances in House
The House oversight committee voted Wednesday to demand a broad audit of the Federal Reserve System by congressional investigators � a major move that lawmakers said is designed to bring accountability to the murky workings of the independent central bank.

The bill was sponsored by Rep. Ron Paul, the Texas Republican who turned the push for an audit into a powerful presidential campaign slogan and whose criticism of the Fed�s monetary policy drew hundreds of thousands of voters into the political process.

It passed by voice vote, signaling the growing sense among lawmakers that the time has come for a full review.

The Fed has its uses but it has severely overstepped its role and powers. Needs to have a little sunlight shown in and have its wings clipped a bit. I do not agree with Senator Paul on a lot of issues but this is really important. Readers should check out The Money Masters and The Secret of Oz More here: Wiki for Money Masters. Secret of Oz on sale at Amazon note: 140 reviews of which 134 are full five star.