The Phaserl


Auditing the Fed Is Just the First Step

from The Daily Bell:

Audit the Fed’ movement finally gaining steam? … In early January, Senator Rand Paul reintroduced the Federal Reserve Transparency Act, and Representative Thomas Massie introduced companion legislation in the United States House of Representatives, thereby continuing the “Audit the Fed” movement started by then Congressman Ron Paul. -American Thinker

The Paul-Massie bills may indeed have pushed “audit the Fed” forward, but ultimately it is up to Donald Trump. He was very firm about it during the election. But as with some other promises, he seems less certain now that he has won the presidency.

Even during the campaign Trump did not talk much about shutting down the Fed, which is necessary if Americans are going to regain a modicum of freedom.

At least he spoke about an audit.


If the Republican Party truly value small government and fiscal responsibility, then now is the time to use their majority in Congress to audit the Federal Reserve System. The Audit the Fed movement offers an alternative to the prevailing regime of secrecy.

The Paul and Massie bills, which are identical in wording, would expose the Fed’s international transactions, especially those undertaken with foreign governments or central banks. They would also look into monetary policy deliberations by the Fed’s Board of Governors and the Federal Open Market Committee’s transactions.

… Specifically, the proposed legislation directs the Government Accountability Office to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks.

The Fed is actually subordinate to Congress, which has the ability to coin money and regulate its  value. A Bloomberg has found in polls that up to 75 percent are not satisfied with the Fed’s transparency.

A one-time previous audit after 2007, revealed that the Fed, perhaps illegally, lent nearly $5 trillion to foreign governments and central banks around the world. These included the central bank of Libya.  The loans were meant to provide liquidity to overseas central banks. But no one gave the US central bank the authority to make these loans.

Who knows what the Fed has done since then. We don’t know either how serious Trump is about auditing the Fed since Steven Mnuchin, formerly of Goldman Sachs, does not necessarily seem inclined to follow through.

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7 comments to Auditing the Fed Is Just the First Step

  • anon

    “Even during the campaign Trump did not talk much about shutting down the Fed, which is necessary if Americans are going to regain a modicum of freedom.”

    Well stated. Question is: WHY did Trump “not talk much about shutting down the ‘Fed’ during the campaign”? Is it because he has too many (personal, business, or political) ties to SWAMP CREATURES?

  • anon

    Or, maybe it’s because the “Military-Industrial Complex” & it’s CIA told him about what might “happen” to him, if he ever took concrete action in bringing an end to the ‘Fed’?

  • anon

    Yes, “Auditing” the ‘Fed’ ~ IS ~ just the beginning, because in order for Americans to “regain a modicum of freedom” ~ not ONLY would the privately-owned ‘Fed’ need to be entirely abolished, but Americans would have to RE-EDUCATE THEMSELVES, and UN-DO all the damage that has already been done, over the past century and more, since Dec. 23, 1913.

  • anon

    Anyone wishing to gain a better comprehension of what exactly went wrong in Western Civilization, and why we have arrived where we are now, might want to read the following

    1) Is the New World Order “Jewish”?

    2) The “Jewish” Conspiracy is British Imperialism

    3) Banking Cartel is the Cause of Humanity’s Woes

    4) The Modern Anglo-Dutch Empire, by Robert D. Ingraham

    5) [German] Historian Says Rothschilds are Chasid [Orthodox “Jew”-ish Sect] Puppets

  • anon

    For further reading, go here:

    THE FINAL DESTRUCTION OF AMERICA: JFK’S 1961 Prophecy EXPOSES Obummer, SHill-ary, the ‘District’ of Criminals, the Pope, Vatican ‘City’, the Rothschilds, the ‘City’ of London & the NWO/JWO (“Jew” World Order)

    Read ALL the comments. Click on the links. Read/view/listen to ALL content.

    Source: The Attempted Clinton-CIA Coup Against Donald Trump

    • Craig Escaped Detroit

      You are preaching to the choir again. Do you not see how the readers of SGT in opposition to the FED and opposition to “The Tribe” of banksters?

      And hey, if you make yourself appear to be “highjacking” the comments section by overdoing it, then you’ll be branding yourself as a bit of a pain.
      Yes I feel that “The Fed” should be rounded up, placed in GITMO and all their personal & business assets confiscated, and that also goes for pretty much all of the big banks, and board of directors, CEO’s, lawyers, accountants, and politicians who supported them, etc.

      Yes, I include the Rothschilds in my Gitmo statement.

      As to the real reasons why Trump was not talking about The Fed? Could it be to keep a low enough profile so that the JFK hit teams would not be called into action so soon?
      Best strategy in real war, is that you do NOT proclaim your strategy or targets before you strike.

      You hit your enemy by surprise so they will not have time to prepare for it. So, even though YOU believe that Trump was not speaking about ending the Fed was because of all his financial ties, perhaps he kept silent so he would not have to fight too many battles too soon.

      Just as “Obama” waited until his final MONTH in office, to activate certain orders, etc, we may also have to wait until Trump’s terms are finished before we can fully see what ALL his activities will be.

      Be patient, be clever, and survive what the Tribe has planned for us.

      • Rdawg

        +1000 Craig.

        There’s a small but irritating group of regulars here who never tire of copy-and-pasting their links and screeds.

        We get it. Jew banksters bad. How about something original?

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