Scared Monkeys Discussion Forum

Ron Paul’s HR1207 is Unstoppable! 207 Cosponsors now

According to Matt Hawes at the Campaign For Liberty Ron Paul’s HR1207 to audit the Federal Reserve now has 207 cosponsors, including House Minority leader John Boehner!

One has to believe at this point that HR1207, in some form, will be passed by the House of Representatives. This is one bipartisan regulatory bill we can fully get behind.

I have serious reservations about the efficacy of HR1207, but as I’ve stated in the past it is a good start down the road of transparency that we truly need. We can only hope that such transparency, if passed, forces the Federal Reserve into a position of making very careful choices about how it conducts its business.