Commentary: Is the Fed Meddling in Our Elections?

by CHQ Staff


In his latest weekly column, our liberty-loving friend former Republican congressman and presidential candidate Ron Paul says while so many people have been blaming the Russians for election meddling, we should look right here at home — at the Federal Reserve.

Dr. Paul reviewed the history of central banks in America and pointed out the Federal Reserve was unconstitutionally created by Congress in 1913. Americans have been living under a corrupt and immoral monetary system ever since. The Federal Reserve is the printing press that has financed the creation of the largest government to ever exist. Endless welfare and endless military spending are both made possible by the Federal Reserve. The Fed can just print the money for whatever the US establishment wants, so those of us who long for a Constitutional and limited government have few tools at our disposal.

Despite all the propaganda claiming “independence,” observes Dr. Paul, the Fed has always been a deeply political institution. Because the Fed is a government-created monopoly with key government-appointed employees, its so-called “independence” is a mere fiction.

Last week, the facade of Federal Reserve “independence” was dealt a severe blow says Dr. Paul. Ironically, the person who broadcast to the world that the Fed is anything but “independent” was ex-New York Fed President Bill Dudley. Dudley wrote that, “Trump’s re-election arguably presents a threat to the United States’ and global economy, and if the goal of monetary policy is to achieve the best long-term economic outcome, the Fed’s officials should consider how their decisions would affect the political outcome of 2020.”

The timing of Dudley’s threats to use Fed monetary policy to affect the outcome of a US election couldn’t come at a more striking time. After all, for more than two solid years Americans have been bombarded with fabricated stories about Russians rigging our elections. And yet here is a Federal Reserve official threatening to do the same exact thing – but this time for real!

Whether it’s the mainstream media, the CIA, the FBI or now the Federal Reserve, more and more Americans are waking up to the fact that there is a Deep State in America and its interests have nothing to do with American liberty. In fact, our liberty is what the Deep State wants to abolish concluded Dr. Paul.

Of course Dr. Paul is right, the Federal Reserve isn’t the only Deep State institution that would like to affect the 2020 election in opposition to President Trump – Silicon Valley comes quickly to mind as an equally malign influence – however, the Tech Lords are not a state within a state in the same way that the Federal Reserve is.

This Congress our liberty-loving friend Rep. Thomas Massie (KY-4) has introduced H.R.24 – the Federal Reserve Transparency Act of 2019.

As bills before Congress go, H.R. 24 is quite simple. In one short page it says not later than 90 days after the audit required pursuant to subsection (a) of the bill is completed, the Comptroller General shall submit to Congress a report on the audit.

It also says the report shall be made available to the Speaker of the House, the majority and minority leaders of the House of Representatives, the majority and minority leaders of the Senate, the Chairman and Ranking Member of the committee and each subcommittee of jurisdiction in the House of Representatives and the Senate, and any other Member of Congress who requests the report.

The bill also requires the report to include a detailed description of the findings and conclusion of the Comptroller General with respect to the audit, together with such recommendations for legislative or administrative action as the Comptroller General may determine to be appropriate.

The good news, as Dr. Paul observed is that Americans are waking up to the fact that there is a Deep State in America and its interests have nothing to do with American liberty and that awakening has generated calls to at least audit the Fed, the assumption being that once the results of the audit are published the public outcry will be so great Congress would be forced to abolish the central bank.

It will surprise no one to learn that in the Democrat controlled House, Republican Rep. Massie’s H.R. 24 has not been scheduled for a hearing, however, the good news is that as of the posting of this article 87 Members of the House, including a handful of Democrats, have signed-on as co-sponsors of H.R. 24. Please review the list of co-sponsors through this link. If your Representative is not on the co-sponsor list we urge you to call your Representative through the toll-free Capitol Switchboard (1-866-220-0044) to demand that he or she co-sponsor H.R. 24 and demand transparency from the Federal Reserve.

– – –

Photo “Federal Reserve Building” by AgnosticsPreachersKid. CC BY-SA 3.0.




Reprinted with permission from

Related posts