I’m beginning to see a pattern here in determining reasons to fire an Inspector General. If you put your head in the sand, like FRB IG Elizabeth Coleman, you keep your job. If you actually find problems, like IG Gerald Walpin, your gone.

Elizabeth A. Coleman was appointed Inspector General for the Board effective May 6, 2007. In this role, Ms. Coleman leads a staff responsible for promoting economy, efficiency,and effectiveness within Board programs and operations. The Office of Inspector General (OIG) is also responsible for preventing and detecting waste, fraud, and abuse at the Board, among other duties. The OIG achieves its legislative mandate through audits, evaluations, investigations, legislative reviews, and by keeping the Chairman of the Board and Congress fully informed.

Wouldn’t you like to know what the Fed has been doing with trillions of your, your children, and grand children’s dollars? Don’t you have a right to know? This video is a jaw dropper. And Alan Grayson’s (D-FL) questions are spot on, and up to this point have never even been asked. As is his conclusion that no one is keeping track of the money.

Who’s auditing the auditors? Who’s auditing the Federal Reserve? It’s time for the Fed to bend over and grab the ankles, and show us where they’ve put trillions of stimulus dollars. And why? The transparency the Obama administration promised the American taxpayer is lost. Some would argue we were lied to and there never was any intention for the administration to show their hand.

In this video Alan Grayson (D-FL) discusses Ron Paul’s (R-TX) H.R. 1027, a bill to audit the Federal Reserve.

Hat Tip: The Daily Bail