It is unfortunate that the District 5 incumbent, Mike Quigley, a self-professed transparency reformer has not seen fit to address or support this issue in any way, shape or form.
Chicago (Vocus) December 8, 2009
Calls by Illinois District 5 challenger for U.S. Congress David Ratowitz for an independent audit of the Federal Reserve were bolstered by a Rasmussen Reports poll released Friday showing that a growing majority of the public now favors such an examination of the institution.
“Federal Reserve Board Chairman Ben Bernanke on Thursday voiced his opposition to legislation calling for regular audits of the Fed’s monetary policies,” Rasmussen’s press release states, “but 79 percent of Americans think auditing the Fed is a good idea.
“Unlike many issues tracked by Rasmussen Reports, there is virtually no partisan disagreement on the issue of auditing the Fed.”
“As a fiscal conservative and limited government activist, I have long advocated a full independent audit of the Federal Reserve," Ratowitz explains. “It is unfortunate that the District 5 incumbent, Mike Quigley, a self-professed transparency reformer has not seen fit to address or support this issue in any way, shape or form.”
HR-1207 – the Federal Reserve Transparency Act of 2009 – the original “Audit the Fed Bill,” enjoys broad, bipartisan support and the co-sponsorship of 317 members of the U.S. House of Representatives. Thirty senators also have signed on to the companion Senate bill. Despite multiple personal requests and the presentation of hundreds of petition signatures by Ratowitz and district supporters in early 2009, Rep. Quigley, who was seated in a special election earlier this year to replace Rahm Emanuel, has not backed this piece of legislation.
Entrepreneur, Army veteran and conservative activist David Ratowitz is running for U.S. Congress to represent Illinois’ 5th Congressional District. He is seeking the Republican nomination in the February 2, 2010, primary election. The Ratowitz for Congress campaign platform supports a limited federal government, low taxes, fiscal discipline and accountability, free markets and individual liberty.
Learn more about David Ratowitz at his campaign website. Phone 773.897.5800.