What Made Kennedy Great: Who Allyuh Think He Was Talking About Here?

mapoui · 02-05-2013, 12:09 AM

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http://mises.org/books/fed.pdf

Introduction:
Money and Politics
B
y far the most secret and least accountable operation
of the federal government is not, as one might expect, the CIA, DIA, or some other super-secret intelligence agency. The CIA and other intelligence operations are
under control of the Congress. They are accountable: a Congressional committee supervises these operations, controls
their budgets, and is informed of their covert activities. It is
true that the committee hearings and activities are closed to
the public; but at least the people's representatives in Congress insure some accountability for these secret agencies.
It is little known, however, that there is a federal agency
that tops the others in secrecy by a country mile. The Federal
Reserve System is accountable to no one; it has no budget; it
is subject to no audit; and no Congressional committee
knows of, or can truly supervise, its operations. The Federal
Reserve, virtually in total control of the nation's vital monetary system, is accountable to nobodyรขโ‚ฌโ€and this strange
situation, if acknowledged at all, is invariably trumpeted as
a virtue.

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