Blog - Real Fed Transparency

Please, please let this be a reality. Then on to discovery about the real heart of this country.

This is a genuine question, not rhetorical: Is there anything about what the Federal Reserve does that could be dangerous as public information, meaning on an international scale? I am a big proponent of opening many of the barriers we have placed between countries but can imagine there are plenty of things that I haven’t considered which shouldn’t be freely accessible to any person who may request…I guess I’m assuming that public requests would be fulfilled online. Perhaps we avoid the whole potential problem by making the information available in paper and requested through US address along with social security number…Again, there may be nothing at all to fear from making that information public. I just assume there were reasons for secrecy in the first place aside from simply “keeping the American people out of it.”

Thanks for anyone who can explain :)

I support this bill. I believe the original reason for fed secrecy was an attempt to insulate from political influence. The idea was to keep monetary policy out of the hands of Congress and the President who might lean on the Fed for a preferred outcome. I’m not sure this has worked as intended and with the Fed spending trillions of dollars supporting the banking industry, the time for accountability and transparency has come. We’ll just need to find other ways to minimize political pressures.

This is a great bill and I hope it passes. But to make the information available publicly would undermine US economic policy as it relates to outside investment and would surely be utilized by foreigners to advance agendas that are contrary to our own. That kind of economic danger is certainly not needed at this time, and most Americans would not understand the data anyways.

I wonder if the GAO report would be exempted from a FOIA request. If not, it will be available to the public anyways.

The GAO is a legislative branch agency. FOIA is only for executive branch agencies. One more example of Congress setting rules for others it won’t follow itself. However, GAO reports are generally available to the public at http://www.gao.gov.

if you were in Utah at Rep. Rob Bishop’s town hall, you would know that the agenda set by the controlled media is all that’s on anybody’s mind.

We have to steer our congress and our neighbors back on track. Stop talking (endlessly) about healthcare, and keep your eye on these bankers.

Yes, there are Big reasons why the General Public NEEDS to know what exactly the FED is doing. Furthermore, the Federal Reserve should be dismantled!
There is nothing that would ‘undermine’ US economic policy.
The Federal Reserve should be dismantled, along with the IMF, World Bank, and all other Globalist Banks, German, British, Swiss, et al.
All States currencies should be tied to something real like gold, and need to be accountable to congress and transparent. And We As a Global Community need to ‘Start Over’ economically, for the system we have now has Destroyed the World.