House Democrats Drop Ron Paul’s Audit of Federal Reserve

Yes, you read that right. Ron Paul’s push to audit the Federal Reserve Bank and see who received how much money in the last few years has been drastically reduced. Amidst the many costly bailouts, recipients have included banks, large companies, and even foreign countries. And now it appears that much of what has happened will remain behind closed doors.

So much for transparency. So much for accountability. Remember those bright promises made a couple years ago, opening up a new era of hope and change?

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