Auditing the Federal Reserve

June 19, 2009

Dear Friends of Saint Germain,

If you have been following the news in recent weeks, you may be aware that a bill calling for the comptroller general of the United States to audit the Federal Reserve System is gaining widespread support in Congress. To date there are 124 representatives who have added their names to the list of co-sponsors. And the list is growing amongst both Democrats and Republicans.

This effort has been spearheaded by U.S. Rep. Ron Paul, from Texas, who in February this year introduced H.R. 1207, the Federal Reserve Transparency Act of 2009. This bill requires an audit of both the Fed’s Board of Governors and the Federal Reserve Banks. The plan is that the audit be completed and reported to Congress before the end of 2010.

A companion Senate bill known as the Federal Reserve Sunshine Act, S. 604, is sponsored by Sen. Bernard Sanders, I-Vt. It currently has no co-sponsors and was referred to the Senate Banking, Housing, and Urban Affairs Committee on March 16.

Let’s consider why this bill is so important at this time. Ron Paul has been seeking to abolish the Federal Reserve, which is a private money-control system. The Constitution gives Congress “the authority to coin money and regulate the value of the currency.”  This is not the role of the private Federal Reserve. Ron has urged Congress to “reassert its constitutional authority over monetary policy.”

Ron Paul has been eloquent and persistent in his opposition to the Federal Reserve. He has said that every problem in the economy, “from the Great Depression, to the stagflation of the ’70s, to the current economic crisis caused by the housing bubble,” can be traced to Federal Reserve policy. He is on record as saying: “Throughout its nearly 100-year history, the Federal Reserve has presided over the near-complete destruction of the United States dollar. Since 1913 the dollar has lost over 95 percent of its purchasing power, aided and abetted by the Federal Reserve’s loose monetary policy. How long will we as a Congress stand idly by while hard-working Americans see their savings eaten away by inflation? Only big-spending politicians and politically favored bankers benefit from inflation.”

Rep. Paul and many other concerned citizens feel that the oversight of the Fed is long overdue. As Ron Paul says, “Since its inception, the Federal Reserve has always operated in the shadows, without sufficient scrutiny or oversight of its operations.” Many believe that it is time for this to change.

Saint Germain in 1980 called the Federal Reserve System “the ‘non-reserve’ of the nation’s money system.” He said that the deplorable state of the economy “calls for a massive education of the people, the overturning of the most cherished systems because they are not of God, and a banding together of those who see through the seed of the serpents who have gone forth to destroy the souls of the people through the destruction of their economic base.” (Pearls of Wisdom, vol. 23, no. 7, February 17, 1980)

Please study the attached material on the Federal Reserve and become informed. Then make the calls and allow the Archangels and Hosts of the Lord to perform their perfect work. It is so important that we do our spiritual work on this subject, as it is the head of the beast that we are dealing with.

My beloved brothers and sisters let us keep on keeping on! The call compels the answer.

My heart is full of hope. From the beginning we were winning!

God bless you in the flame of truth,

Rev. Gene Vosseler

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