Bob Chapman discusses the House bill to audit the Federal Reserve

Don’t touch that dial! Give a listen to Bob Chapman, as he gives us the inside scoop about the Congressional bill to audit the Federal Reserve.

For nearly 100 years, average Americans from Joe Sixpack to the sharpest MBAs have been oblivious to who owns the Federal Reserve — the most powerful entity in the global economy.

In his latest edition of The International Forecaster, financial analyst Bob Chapman exposes the Federal Reserve for what it really is: a private corporation with the power to dictate and manipulate U.S. monetary policy to serve its own gains.

The Fed’s colossal conflict of interest, “incestuous staffing,” corruption, and unregulated greed have collectively taken the world to the precipice of a global depression.

So, why has the United States appointed a non-governmental private corporation to have such control? How could such an arrangement have been maintained since 1913 without some sort of public outcry?

The answer is obvious: at the same time they took over our money, they also took over control of our books and media outlets and bribed and blackmailed our Congressional representatives.

Hope is on the way in the form of “the most important bill in modern American history that could lead to our financial and economic recovery.”

The bill is Representative Ron Paul’s Federal Reserve Transparency Act of 2009 (aka HR 1207) that would require for the first time that the Fed’s Board of Governors and Federal Reserve Banks report to Congress. A kooky ‘lunatic fringe’ bill, you say? In times past, that might have been the general consensus. However, with widening cracks showing in the economy with each passing day, there are now over two hundred Congressmen who have signed on to this piece of legislation.

“When Congress sees what the Fed has done,” writes Chapman, “they might just abolish it, which is really the solution.”

BIOGRAPHY OF ROBERT J. CHAPMAN:

Robert Chapman is 73 years old and attended Northeastern University, majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, three years in Africa, one year in Canada and another year in the Bahamas.

Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 years he owned his own brokerage firm that was probably the largest gold and silver stockbroker in the world during that period. When he retired, he had over 6,000 clients.