The Federal Reserve’s Independence from Politics and Accountability
Critics of the US Federal Reserve System have always attacked the central bank’s secrecy and lack of oversight. In turn, backers of the Fed have rebuked free market economists for wanting to interfere with the bank’s “independence” [...]
The Federal Reserve’s Operation Twist Explained
Ben Bernanke and company have launched a new scheme to boost aggregate demand and increase spending. Where the multi-trillion dollar bailouts, the trillion dollar stimulus package, and the hundreds of billions of dollars created in QE1 and QE2 [...]
Dennis Kucinich: End the Federal Reserve, Return to Constitutional Monetary Policy
While establishment Republicans and establishment Democrats are bickering over which of the two essentially same bills they want to pass to avert a debt ceiling “crisis”, Dennis Kucinich has different ideas about what should be done. [...]
Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts
The first ever GAO(Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, [...]
