Uhh you think the fact that we have a fiat monetary system (i.e. pieces of paper backed by nothing) needs to be "exposed"? Do you think there is any serious investor in the world that doesn't already know that?
No, that is plain for everyone to see... but that is the mechanism through which there is a need of an audit is a result of having a fiat system where money can be printed on a whim... how many times did they turn on the printers to put money in their own pockets at taxpayer expense... how many people were bought off with money printed off, and all the other shady behavior behind closed doors and now cloaked with 'national security' as a pretext of preventing anyone from exposing just how deeply we've been hit by this fraud. (I've heard numbers that since 1913 the dollar has been devalued by about 95%...)
Exactly... but before there was the PERCEPTION that this currency had been devalued more then has been publicized... and especially with 'tarp funds' calling for 27 trillion dollars in promises, with america having little to no actual production.
Every intelligent investor is moving to the 'euro', gold, oil, or the 'SDR units' which are a basket of currencies... in which the US sits around 25th most valuable +/- I couldn't find the source quick enough.
Let's say you have a product that's selling for 10X more then it's really worth because of 'novelty' everyone knows once a 'novelty' wears off the item is almost worthless. So, now the Fed is working to maintain that 'novelty' (which is a losing prospect at the least) and this 'audit' would likely show the type of criminality that would 'break the back' of the perceived value of the US dollar.
Bottom line... if these guys had italian last names you would call them the mob. Of course if you challenge the position of the mob they are going to fight to maintain their status, even threaten the need for the mob, etc... just like we see those bumbling idiots trying to claim that they ARE transparent... but you can't see the books. (invisible is an extreme of transparent, so I guess he's not 'lying')
How to put it nicely... this is akin to a hooker getting beat up and robbed and in the hospital when her pimp shows up she'll beg for forgiveness, if someone attacks the pimp she will try and get his back... why? because is she doesn't have his back then she'll get beat, she loves her abuser... I't much like the fed, the fed is everyones pimp... you like the fact that your pimp takes all your money, it keeps you happy... now Ron Paul, who is (in this scenario) nobody's bitch and challenges the pimps authority among the flock of 'hoes'... so the pimp threatans 'there'll be martial law', 'the end of the economy', 'we already answered the audit', etc... while you, among other 'hoes' of the fed will agree with their pimp : 'ya, we can't do that to you baby, we love you baby, we'll work hard for you baby... even harder.'
The pimp then answers, 'that's right now give me my money'.