Dear Supporter of Liberty,
Thanks to your hard work in support of HR 1207, the Federal Reserve Transparency Act, we succeeded in having 7 of 9 Washington State Congressmen co-sponsor Audit the Fed Legislation.
Last week, in an unbelievable turn of events, four Washington State Congressmen that signed on as co-sponsors of Audit the Fed voted against it!
It’s time to let them know we’re paying attention.
As we all know, the Federal Reserve isn’t federal, nor does it have any reserves. You might have seen the chart, avove, before, it’s showing how much money the Federal Reserve has created out of thin air.
Inflation is caused our legislators spending more money than they take in and asking a private bank, the Federal Reserve, to print the difference. This is the Inflation Tax. In addition to an over $13 trillion national debt, Congress, the Treasury, and the Federal Reserve have put us on the hook for almost $13 trillion in bailouts and loans.
We are now so far underwater, the United States must turn over – or refinance – over 2 trillion dollars in short term debt between now and the end of the year! In order to do that, the US Government sells bonds.
Who is buying those bonds, also called US Treasury Notes?
You don’t think that the Federal Reserve would print money out of thin air and loan it to its member banks at less than 1% interest while those banks buy Treasury debt created by Congress, do you?
Does that mean the American people are being forced to pay interest to banks for the privilege of being spent into the poor house? And our legislators are cooperating in this scheme?
Do you feel like something isn’t right?
I agree, something isn’t right…and we can’t even audit their books.
We must demand that our elected officials support Audit the Fed. How can we do it?
With so much at stake we can’t give up now. Please act today!
Keep up the fight!