The great and powerful Oz...

...doesn't want you looking too closely:

When asked by Rep. John Duncan on Thursday about the fact that a majority of Congress is co-sponsoring Ron Paul’s HR 1207 bill to audit the Federal Reserve, Ben Bernanke responded:

Ben Bernanke: “My concern about the legislation is that if the GAO is auditing not only the operational aspects of the programs and the details of the programs but making judgments about our policy decisions would effectively be a takeover of policy by the Congress and a repudiation of the Federal Reserve would be highly destructive to the stability of the financial system, the dollar and our national economic situation.”

That's the point, "wizard." The Constitution gives Congress--not the Fed--the power to coin and regulate money. And as for his assertion that repudiating the Fed would be destructive to the dollar, I say perhaps--in the short term. Retaining the Fed, though, will completely vaporize whatever value the dollar has left.

We prospered as a nation until 1913, before putting the fate of our economy into the hands of unelected, mostly unaccountable agents of the financial industry. And now, when it's clear they either are deliberately looting the economy or else have NO clue what they're doing (it can only be one or the other), their intrepid leader has the temerity to tell Congress not to peek behind the curtain. That alone should be enough for Congress to demand his removal, if only to make a point: "we brought you (the Fed) into this world, and we can take you out."

Here's a great way to celebrate Independence Day this year:
Free the dollar. Free the country. Fire the Fed. NOW.