FRB and Transparency

Seems like HR 1207 might help. At the least, Ron Paul has a sense of humor:

(a) In General- Subsection (b) of section 714 of title 31, United States Code, is amended by striking all after ‘shall audit an agency’ and inserting a period.

Good stuff. Subsection (b) of section 714 of title 31 can be found here. It’s basically a list saying you can only audit the FRB/B, FDIC, and Office of Comptroller of the Currency if they let you, and then if they do let you, you can’t ask them any questions. No shit, seriously. There’s a list of questions you can’t ask them. They should have included a list of questions you could ask:

(1) Nice day, eh?

(2) How ’bout them Yankees?

And yes, Michelle Bachmann is a co-sponsor of HR 1207 so it’s final form may include provisions to prevent the government from pulling thoughts out of your head.

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