Ron Paul is really pushing this issue. http://en.wikipedia.org/wiki/Federal_Reserve_Transparency_Act_of_2009 Apparently its really catching on in The House, but he believes it will be stifled in the Senate. If this passes, I believe this will create a monster that we haven't seen in quite a while.
yeah hr1207 will never ever pass. i believe if it did, obama would veto it. think about it. if the fed engaged in 9 trillion dollars of off-the-books transactions in 8 months, it's not a stretch to say that these deals were not made with the proper due diligence. expose that, and the world financial markets which are basically on life support with this 9 trillion, will completely self-pwn. i highly doubt obama would let that happen as he seems intent to force the american economy to 'recover' by flooding the current system with cash.
