July 23, 2012

This morning, Gov. Gary Johnson emailed every Member of the House of Representatives, urging them to vote YES on Congressman Ron Paul’s Federal Reserve Transparency Act, better known as “Audit the Fed.”

Dear Member of Congress,

Since the Federal Reserve was created in 1913, the dollar has lost 97% of its value.

With the stroke of a pen or a few words uttered in a congressional hearing, the Federal Reserve has unmatched power to manipulate our currency and create or destroy hundreds of billions of dollars’ worth of Americans’ assets.

Despite such power over the economy and the value of our money, the Federal Reserve operates largely behind closed doors and with no real accountability to anyone. Such absence of transparency is simply not American.

Yet, as you know, the Federal Reserve has never been audited. We have never been allowed to see what they are doing behind closed doors.

Tomorrow, you will have a long-overdue opportunity to cast a vote on the House Floor that will go a long way toward lifting the veil of secrecy that surrounds the Fed and its manipulation of our currency. Finally, you will have a chance to approve H.R. 459, Congressman Ron Paul’s Federal Reserve Transparency Act.

Representative Paul’s legislation will, after almost 100 years, allow a thorough and transparent audit of the Federal Reserve. The American people deserve no less.

I urge you to vote YES on H.R. 459.

Sincerely,

Governor Gary Johnson