Russia Today - Federal Reserve Independence is Secrecy

[Aum123]

Run time: 03:23 https://www.youtube.com/watch?v=brwZfx8KRfY   Posted on YouTube: July 17, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: July 27, 2009 By DU Member: Aum123 Views on DU: 376

 
Congressman Ron Paul and 263 other members of Congress are demanding an investigation into the U.S. Federal Reserve system, igniting a battle between members of Congress and the American financial elite, who say auditing the Fed would result in 'grave consequences'. The Federal Reserve is one of the most powerful financial institutions in the world, and many experts say, one of the most secretive. Ron Paul and other lawmakers say they won't give up until they know for sure what the Fed is doing behind closed doors.

[Why Syzygy]

1. No flames

for Ron Paul content? hmm Unusual.

The FED isn't "federal" and they have no "reserves".