Leading economists, labor leaders. authors and bloggers today released a letter in support of the Paul-Grayson amendment, proposed by Rep. Ron Paul of Texas and Rep. Alan Grayson of Florida, which calls for a complete audit of the Federal Reserve. The say that such transparency is necessary due to the many questions surrounding the Fed’s recent activities, and the “potential cronyism and favoritism in its distribution of many trillions of dollars.”
“The Watt amendment is a last-minute power play by the banks” says Jane Hamsher, founder and publisher of Firedoglake.com, who organized the effort. “It would actually make the Federal Reserve even more secretive, by erecting further barriers to transparency.”
The US government admitted Wednesday that the Federal Aviation Administration and the army played a role...
Authorities said on Dec. 16 that they launched a homicide investigation after a professor at the...
Rob and Michele Reiner's children are breaking their silence following the couple's killing.The acclaimed "Princess Bride"...
Nick Reiner will be charged with two counts of first-degree murder, after he was arrested on...
