Hope springs eternal. Huge news day.
The Federal Reserve, a PRIVATE bank, is adamantly opposing this bill. Claiming that it will hinder it's independence and trying to scare us with inflation worries. The fact that we can't audit the Fed, which prints our money, is prima facia evidence that the bank is private.
There will be inflation irrespective of the audit measure.
In the Senate, flaming liberal Barney Frank will try to undo this bill. CNBC reporting that previous Fed Chairs Volcker and Greenspan have signed a letter opposing the audit bill.
Two crooked bankers and one crooked, pot smoking Senator in opposition? What better reason do you need to support this bill??