Thursday, 11 June 2009


Bill To Audit Federal Reserve Now Has 207 Co-Sponsors
At time of writing, a bill that would see the Federal Reserve bank audited for the first time in 59 years has 207 cosponsers in the House and is gaining traction with every single day


Fed Would Be Shut Down If It Were Audited, Expert Says
The Federal Reserve’s balance sheet is so out of whack that the central bank would be shut down if subjected to a conventional audit, Jim Grant, editor of Grant’s Interest Rate Observer, told CNBC.