Gee, it appears everyone recently is looking for an audit of the Federal Reserve to be done, why look or wait any longer, here it is!
All you had to do was ask, they have provided one each year for the last 96 years.
Here is for 2008 – http://cafr1.com/STATES/FEDERAL-RESERVE/FR2008AR.pdf
Here is for 2007 – http://cafr1.com/STATES/FEDERAL-RESERVE/FR2007CAFR.pdf
Here is for 2006 – http://cafr1.com/STATES/FEDERAL-RESERVE/FR2006CAFR.pdf
I NOTE: What really caught my eye was in the 2008 report, page 418, under “Loans and other credit extensions” the increases starting in September through Oct, Nov, Dec, of 2008, WOW, stands out above all other aspects in the 2008 report, and broke all the standards from previous monthly activity in 07, 06 and before. There you will see a 400% to 700% increase over the monthly standard previously shown. My must they have gotten some pretty big fish on the hook…
Wonder what the numbers look like in the beginning months of 2009? Somebody on the hook to the FR is going to be paying back some pretty hefty numbers for quite some time..
Again, audit the Federal Reserve banks you say, well here it is. The Federal Reserve’s Annual Report “is an audit” of the Federal Reserve as noted and signed off upon by several independent parties as noted in the report.
To date I have not been able to figure out why several other parties have been pushing for a “special bill” to audit the Federal Reserve System when all they have to do is download it.
Maybe they want an audit of the audit?