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Ron Paul has received the most attention he's got since his presidential campaign with his "Audit the Fed" bill.



During the proceeding parallel amendments were introduced, one by Paul, the other by Congressman Mel Watt (D-NC), which would have limited the audit to only a narrow examination of TARP funds and lending powers, and would have actually allowed the Fed to increase the secrecy under which they operate when it comes to setting monetary policy.


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What happens next if the state can go bankrupt?
 

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