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To: Cactus Jack who wrote (239318)2/25/2010 2:06:14 AM
From: bentwayRead Replies (2) | Respond to of 306849
 
"That being the case, there should be complete transparency in their operations, right?"

If you mean audits, congress is working on it as we speak. Looks like it will happen.



To: Cactus Jack who wrote (239318)2/25/2010 3:22:14 AM
From: JimisJimRead Replies (1) | Respond to of 306849
 
The Fed is a strange beast indeed... it is no wonder it continues to be so controversial. At times it acts like a private enterprise -- after all, who really owns it? And yet it is a gov't. created beastie and acts as such at times, too.

Maybe that's the problem, it is neither truly private or public...

Jim


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