"The privately owned Federal Reserve...is owned by an international banking cartel"
That "cartel" consists of all the Fed member banks--almost all domestic, not foreign. They own it because they are forced by law to buy a piece of it, and it's a lousy investment for them, since most of the profits are returned to the Treasury. They do not control the Federal Reserve Banks they "own", either.
The Fed undergoes many audits, for various purposes, every year. As is the case with GE, PG, or your tax return, an "audit" does not consist of combing through every transaction the auditor feels is politically incorrect or adverse to his personal interests. We should really try to keep the discussion here real. There are numerous conspiracy message boards where the Rothschilds and Ron Paul's theories can be discussed.