H.R. 1207 will be changed back to the way it should be!  Check out these news reports:

• LewRockwell.com: Paul-Grayson Amendment Wins!
• American Banking News: Congressmen Ron Paul and Alan Grayson Announce Amendment Based on HR 1207 Passes in Financial Services Committee
• Ballot Access News: Ron Paul-Alan Grayson Bill to Audit the Federal Reserve Makes Headway
• Liberty Maven: Ron Paul introduces substitute for the HR.1207 “gutting” Watt Amendment

Here's Ron Paul's introduction to the amendment:

Go Ron Paul!