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Kucinich Stands for 99%, Demands Audit of the Federal Reserve

DJKucinich DJKucinich·264 videos
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Published on Jul 24, 2012

This is all about disclosure and accountability. You know, the Fed's not some kind of hocus pocus, black box operation. The Fed essentially supplants the Constitutional mandate in Article 1, Section 8, that belongs to the Congress of the United States.

Let's look at some recent history here. 2008: subprime meltdown, collateralized debt obligation, go back for mortgage-backed securities, neighborhoods in Cleveland melting down, people losing their homes. The Fed looked the other way and we're saying, "oh, don't go into the Fed, it would be political."

Yes, it's political. We have unemployment because of politics. We have people losing their homes because of politics. We have banks getting uncalculated amounts of money from the Federal Reserve and we don't even know about it. Meanwhile people can't get a loan to keep their home or keep their business.

Audit the Fed? You bet we should audit the Fed. We have to have accountability. It's time that Congress stood for its Constitutional role: Article 1, Section 8, the power to coin or create money.

It's time we stood up for America's 99%. It's time that we stood up to the Federal Reserve that right now acts like it's some kind of high exalted priesthood, unaccountable in a democracy.

Let's change that by voting for the Paul Bill.

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Top Comments

  • shadowcii

    Paul-Kucinich 2012

    · 31

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  • Ajai Dittmar

    I pray RP doesn't endorse Mitt because that would be a slap in the face to the liberty movement. Just sayin!

    · 9

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All Comments (314)

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  • Mariluclark

    We love you. Your heart is so big. Thanks for helping with the GMOs also

    ·

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  • MsNatallia

    People who select them - are the problem

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    in reply to antisadism (Show the comment)
  • antisadism

    Corrupt politicians are not the problem, it's the people who elect them, who are the problem.

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  • Lois Hamilton

    This man is brilliant. If only we had an entire Congress filled with men and women with his integrity! 

    ·

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  • boisestatefan41

    that was awesome

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  • Felisha1919

    I'm going to have an orgasm one day listening to Dennis speak...

    Just the way he quotes texts, barely looks at his notes...great, passionate speaker.

    ·

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  • Pepsifx357

    K, Still wouldn't vote for him.

    ·

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    in reply to 3rdEyeOnPositive (Show the comment)
  • 3rdEyeOnPositive

    You obviously have no clue of the term socialism, more less the concepts.. Educate yourself and please don't breed

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    in reply to Pepsifx357 (Show the comment)
  • sha370z

    did you see sts 114 from 2005 and sts 75 1996 take a look at it UFOs

    ·

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    in reply to bmw200000 (Show the comment)
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