Senator Paul New Audit The Fed Bill Just Might Pass This Time

paul carlson


Tucker Carlson interviews Republican Senator Rand Paul of Kentucky, who has a bill he’s sponsoring for an audit of the Federal Reserve. He says his bill, “is about transparency, it’s about knowing what your government does,” noting that the power to mint and coin money was transferred by Congress to the Federal Reserve back in 1913. He leaves the details of why that happened and the private ownership of the Fed out of the conversation.

He points out that since the Federal Reserve came into existence the dollar has lost 96% of its purchasing power, what used to take one dollar to buy now requires $24. Paul says there is a co-dependency aspect to the arrangement, one that enables the US to have a huge debt.

He notes that some of the people who already have a lot of money are paid more by parking it at the Fed, saying, “We actually use taxpayer money to pay people just to have it sitting at the Federal Reserve.”

Carlson asks Senator Paul what the average person gets out of the Federal Reserve, to which he replies, “Well you could say the government borrows an enormous amount of money so we get stuff we don’t pay for, but we also get something we don’t want and that is the recessions and the depressions that come about.” He doesn’t mention the ability of the Federal Reserve to create those recessions and depressions by manipulating the money supply or their role in causing the stock market crash of 1929 which led to the great depression. He does mention that it took place shortly after their creation but not that it was a deliberate act to shutter competing rural, small banks across the country by the same globalist banks who own the Federal Reserve.

They also discuss the potential appointment of Elliott Abrams as Deputy Secretary of State, something that makes no sense to a lot of people and which Senator Paul in particular has been critical. He wrote on Tuesday, ” I hope against hope that the rumors are wrong and that President Donald Trump will not open the State Department door to the neocons. Crack the door to admit Elliott Abrams and the neocons will scurry in by the hundreds,” hardly a ringing endorsement.

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