Transparency, when it is allowed to happen, often impels change. Not the fake kind the Chairman of The United Nations Security Council, Obama, talks about, but real change- sea changes. The economic system is facing the opportunity for such change. This change is being fought by a cabal of people who have had great success in the current system. Keynesian economics, that is, the inflating of money by printing and the subsequent backing of that money by the government, has run its course. The system was built to fail eventually and that time is now. The Federal Reserve and all of the sycophantic economists the Fed has instituted at major universities are all backed into a corner. Similar to the climate scientists, these economists have conspired to purport the myth that inflation is a necessary component of any economy. These evil economists have suppressed the ideas of the Austrian School of Economics which espouses the sound money; money backed by a commodity.
The bill is still being scrutinized, delayed, and denounced by all the supporters of the oppressive Fed. Barney Frank, the fat, unkempt, homosexual Chairman of the House Financial Services Committee is walking along the fence line on this issue. On one hand, the pressure from the public is becoming unavoidable. The bill went to committee and was gutted of all the essential provisions. Ron Paul then proposed the original bill as an amendment and it was accepted. Frank, however, has mostly hoped the bill would just go away so he could go back to his gay brothel. Speaking of the anti-Bernanke rhetoric that has ramped up in recent weeks, Frank replied, "That’s up in the air. Frankly, I’m worried about the way it’s perceived, and we’ll see what happens. If people are calm, then nothing will change.”
The Paul amendment will let everybody see the agreements the Fed has made with foreign central banks, foreign governments, and the massive amounts of paper money that has been printed. This is why the Federal Reserve is scared to death of an audit. What they have done is criminal, treasonous, and the American people will want their heads for what they have done. Frederick Mishkin has been the most vocal Fed crybaby recently.
Nevertheless, the world is changing and hopefully for the better. The people who think the solution is to grasp on to the remnants of the old order will be very mistaken. The genie is out of the bottle and more lies won't coax her back in.