Open Letter To Maine's Elected Michaud, Collins, and Snowe

Congressman Michael H. Michaud, Senator Susan M. Collins, Senator Olympia J. Snowe:

Whereas:

The Federal Reserve refuses to give a public accounting of the TRILLIONS in recent
taxpayer-backed loans; and


Congress has the responsibility to force a public audit of the Federal Reserve, and the
American people deserve to know how their tax dollars are being spent; and


Allowing the Fed to remain out of control and shrouded in secrecy clearly allows
for abuse and the continued stealing of our tax dollars are being spent; and


The Federal Reserve's abuses lead to constant economic crises like the current
housing crisis, international banking crisis and the resulting chaos; and


The Federal Reserve System forces fuel, food, housing, medical care and education costs
upward, meaning that everyone who is NOT on the government dole is forced
to make do with less as the value of money slowly decreases; and


History shows us that riots, violence and full-scale police states can result when people finally
realize that money isn't worth the paper it's printed on and REFUSE to accept it;

Therefore: You are urged to cosponsor and make every effort to seek roll call votes on the
Audit the Fed Bill, H.R. 1207

H.R. 1207: This is a bill in the U.S. Congress originating in the House of Representatives ("H.R."). A bill must be passed by both the House and Senate and then be signed by the President before it becomes law. Bill numbers restart from 1 every two years. Each two-year cycle is called a session of Congress. This bill was created in the 111th Congress, in 2009-2010. The titles of bills are written by the bill's sponsor and are a part of the legislation itself. GovTrack does not editorialize bill summaries.

Federal Reserve Transparency Act of 2009