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Glenn Beck

It's big corrupt government': Glenn Beck on why it's time to audit the Federal Reserve

An article published recently in the Wall Street Journal titled, "We'll Never Know How Bad the Federal Reserve Is," recalled the post-2008 financial crisis movement to "End the Fed" — or at least audit the U.S. Federal Reserve's monetary policy.

But as the article explains, the Federal Reserve has a policy of keeping secrets. Information compiled by the Fed about U.S. banks is exempt from the Freedom of Information Act and is therefore filed away for 30 years, then promptly destroyed.

Glenn Beck explored the Fed's lack of transparency and why, as former Federal Reserve Chairman Alan Greenspan once explained, no one is authorized to oversee the overseer of the U.S. government's monetary policy.

"Here's the real issue. It's big corrupt government," Glenn said. "The collusion between government and the Fed not only serves the interest of the banks but it also does one huge thing that benefits big government politicians: It keeps the government in debt.

"The banking industry's good ol' boys keep exploiting the system for their benefit," he continued, "while the government maintains a reason to take more of your money through taxes. Is it time to audit the Fed?"

Watch the video above to learn more.

To see the full episode visit Glenn's channel onTheBlaze or watch full episodes of “Glenn" live weekdays 5–6 p.m. ET or anytime on-demand at TheBlaze TV.

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