Where's the Federal Reserve's audit?

That's the question---challenge---Ron Paul is advancing to his congressional colleagues and the American people: Audit the Fed!

"I'd like to know everything they're doing.," said the Texas congressman with libertarian views. "We have a right to know what they're doing. They can literally create trillions in guarantees and not report them to us."

Of all the organizations and businesses in the country the Federal Reserve, which is a private company and NOT, as many citizens believe, a government body, is the only outfit immune to an audit. How do they dispense with their money, from where do they get it, where are their accounting books...? We don't know. The U.S. govt does not know.

In forging transparency, the Obama Administration must take the bold move in requiring accountability and transparency from this money organization. These economic times demand it. But long before the U.S. economy made chumps and homeless out of many Americans---and people around the world---our American values of fairness and checks-and-balances required the Federal Reserve stand into the light like every other business.