H.R. 1207: Federal Reserve Transparency Act of 2009 - To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.

Whereas: The Federal Reserve is neither truly federal, nor a full reserve. It is not owned or directly controlled by the United States government. The fact that the words 'United States Federal Reserve System' are printed on every U.S. bank note thus raises serious questions; and

Whereas: The Federal Reserve refuses to give a public accounting of the TRILLIONS in recent taxpayer-backed loans; and

Whereas: Congress has the responsibility to force a public audit of the Federal Reserve, and the American people deserve to know how our tax dollars are being spent; and

Whereas: Allowing the Fed to remain out of control and shrouded in secrecy clearly allows for abuse and the continued stealing of our tax dollars through inflation and unaccounted electronic bank "loans"; and

Whereas: The Federal Reserve's abuses lead to economic crises like the current housing crisis, international banking crisis, and the resulting chaos; and

Whereas: The Federal Reserve System forces fuel, food, housing, medical care, and education costs upward, meaning that everyone who is NOT on the government dole is forced to make do with less as the value of money slowly decreases; and

Whereas: Congress has allowed the Federal Reserve to operate without sufficient oversight for too long;

Therefore: I urge you to support Audit the Fed Bill, H.R. 1207 as my local Representitive.