In addition to our $11 trillion national debt, Congress, the Treasury Department, and the Federal Reserve have put us on the hook for almost $10 trillion in bailouts and loans.

Yet, Fed Chairman Ben Bernanke recently flat out said, “No” to Congress when asked to name which financial institutions have received trillions of dollars in these loans from the Fed.

The Federal Reserve, the unelected central bank of the U.S., refuses to fully disclose its operations and agreements to Congress, including details of its deals with foreign central banks and governments.

To end this secrecy and deliver answers to the American people, Congressman Ron Paul has introduced HR 1207, the Federal Reserve Transparency Act. HR 1207 will:
  • Require the Government Accountabilty Office (GAO) to perform a complete audit of the Fed by the end of 2010.
  • Reveal the details of agreements the Fed has made with foreign central banks and governments.
  • Show which banks and Wall Street firms have received our money from the Fed.
It is time to finally bring accountability and transparency to an institution that has helped to reduce the value of our dollar by 95% since its creation in 1913.

Neither of Idaho's Congressmen are among the 71 cosponsors of the Federal Reserve Transparency Act. Tell your Congressman to cosponsor Ron Paul's Audit the Fed bill today! You can help achieve this historic goal:

  • Sign the petition: http://www.campaignforliberty.com/campaigns/auditthefed.php
  • Call Congress at (202) 224-3121 and urge your Congressman to cosponsor HR 1207.
  • Recruit 10 friends to call Congress and ask each of them to recruit another 10 friends.
  • Write a “Letter to the Editor” concerning HR 1207.
  • Contact your favorite local/national talk radio hosts and inform them about HR 1207.
Visit http://www.campaignforliberty.com/handouts.php for more information and to print handouts for your friends and neighbors.

Support HR 1207! Join Campaign for Liberty’s fight to force the Fed to tell us the truth about our money. The American people deserve to know the facts about our monetary policy!