Federal Reserve is saying 'we answer to no one'.

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Ron Paul [say what you want about him] has been fighting to have the FR audited. And I know no reason why it shouldn’t be… How can they sit back and say ‘we answer to no one.’ – That’s BS.

How in bloody hell does the Federal Reserve think they have the right to tell us, the American people that we don’t need to know, or more accurately they don’t want us to know. Who else thinks that’s just a little eff’d up?

I’m starting to wonder if we still live in a Democracy…

The Federal Reserve asked a U.S. appeals court to block a ruling that for the first time would force the central bank to reveal secret identities of financial firms that might have collapsed without the largest government bailout in U.S. history.

The U.S. Court of Appeals in Manhattan will decide whether the Fed must release records of the unprecedented $2 trillion U.S. loan program launched after the 2008 collapse of Lehman Brothers Holdings Inc. In August, a federal judge ordered that the information be released, responding to a request by Bloomberg LP, the parent of Bloomberg News.

via Federal Reserve Seeks to Protect U.S. Bailout Secrets (Update1) – Bloomberg.com.

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Is a normal person, with normal views and doesn't like being politically correct. Stupid is Stupid and everyone should recognize it, but some people don't— so they're placed here. Stories are composed of eclectic taste and viewpoint.