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Lawmakers Attack Fed For Being Too Secretive

Source: http://feedproxy.google.com/~r/YourFinancialFuture/~3/hPy9Cgr90ZA/
Posted on Saturday, June 27th, 2009 | In Gold Markets, Market Commentary
Contributed by: Alex Stanczyk (http://rapidtrends.com/blog) -

Alex#8217;s Notes: Found this article rather interesting, because it seems like Congress is starting to ask some pretty important questions about what exactly the Fed is doing in its sekret unknowable balance sheets.
A quote from Bernanke:
#8220;My concern about the legislation is that the GAO is auditing not only the operational aspects of our programs and [...]div class=”feedflare”
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About Alex Stanczyk (http://rapidtrends.com/blog)
Alex Stanczyk is the editor of Your Financial Future. Mr. Stanczyk has launched numerous businesses, acted as the CEO of a Publicly Traded US Company, and brings over 21 years of business experience to YFF. He has authored numerous articles, mentored hundreds in personal finance and wealth building, and spends at least 4 hours each day studying the global markets, drawing insight and conclusions from the flows of global commerce. As an Affiliate of Anglo Far East Bullion Company, Mr. Stanczyk specializes in teaching foundational principles of money, the gold market, and why gold has been a storehouse for wealth for thousands of years.

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