George F. Smith (in 2009)

A bill to audit the Fed could by force of logic become a state audit, much like the investigations of the 1972 Watergate burglary exposed the grinning skull behind the government’s public persona. During a Fed audit, for example, would it not be reasonable to ask why the people’s elected representatives continue to support a banking system that secretly steals wealth from their countrymen and other dollar holders? Or are we to take the naive position that most elected officials really are clueless about the Fed’s policy of currency debasement and the effects such policies have had in history?