1888PressRelease - Paul Chehade - "With our nation now over $16.4 TRILLION in debt, it's never been more important the Federal Reserve's abuses are exposed to the American people once and for all."
The only and first ever audit of the federal reserve was a partial audit. That's right, the federal reserve, controller and dictator of the nation's fiat (based on "trust") currency, federal funds rate, and motivator of deficit spending ,malinvestment, and artificial GDP growth, has only been partially audited once, and never fully audited by an outside agency.
That ONE partial audit revealed that between December 1, 2007, and July 21, 2010, the federal reserve secretly and without any authority besides that of its own, loaned out 16.1 TRILLION dollars to domestic and foreign banks, and foreign nations. In a time when the nation's economic crisis was beginning to release its effects, causing the liquidation of companies and loss of jobs, the federal reserve was printing fiat dollars, lining the pockets of its buddies in major banks, and weakening the dollar in every American's wallets and savings. What the federal reserve is doing now is only fully known by itself, but according to reports from the fed, its balance sheet has grown and remains in the trillions, and is currently pumping roughly 80 billion a month into the market.
The secretive Federal Reserve is responsible for the economic crisis and giving it more power makes no sense whatsoever.
Honor and Truth
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Paul Chehade - AUDIT THE FEDERAL RESERVE 2013