Rep. Alan Grayson asks us to show our support for the Fed Reserve Transparency Bill

[clear eye]

This link will take you to a page to thank those who helped create the bill:
http://salsa.mydccc.org/o/30019/t/53/signUp.jsp?key=14

Dear ,

I have good news. We're starting to unmask Wall Street. Over the last two years, the Federal Reserve has lent trillions of dollars in secret and taken all sorts of odd assets onto its balance sheet. It has a cozy relationship with insiders on Wall Street and a veil of secrecy that doesn't let anyone see what it's up to.

The Fed is really the power behind the bailouts, and has a special set of statutes protecting it from any sort of scrutiny from Congressional auditors. That's why, for the past ten months, I've been working with Ron Paul on a bill to remove these restrictions and audit this institution.

Three weeks ago, Ron Paul and I passed this bill in the Financial Services Committee. The vote tally was 43-26. This week, Reuters reported that this bill is headed for passage on the floor of the House. This is monumental news. The Fed is fighting us aggressively, but we're actually winning.

I'd like to ask you to thank the Democrats who made this possible. Click here to sign my thank you note to the 14 other Democrats who stood with us and voted to audit the Federal Reserve to find out where our money went.

Best,

Alan Grayson
Member of Congress

[chill_wind]

1. K & R. n/t

[vinylsolution]

2. Amazing work, Mr Grayson....

... and a tip o' the hat to Ron Paul for his efforts, too.

If this bill does pass, we could find some very interesting documents in the Fed's vaults - unless they're on a frantic frenzy of shredding right now....

[slipslidingaway]

5. Ron Paul first introduced this bill in he 1980's - it has been a long time coming. n/t

[The Doctor.]

3. K+R

:kick:

[slipslidingaway]

4. knr nt

[kerrywins]

6. Thanks to Ron Paul as well?

he did write a book on the subject and has been trying to make the fed transparent for a long time now.

He knows that once it is transparent, it will be apparent that the fed will need to be shutdown.