The Inspector General for the Fed’s Board of Governors, Elizabeth A. Coleman, explains her role at the Fed, and what she has done, as congressman Alan Grayson questions her. Kudos to a Democrat for keeping on the subject of “what has the Fed done with the money?” Salon’s Glenn Greenwald interviewed him on this back [...]

On NPR the other morning I heard the commentator describe the Federal Reserve Bank as an entity whose job it is to “take away the punch bowl just as the party gets going.” The punch bowl line is not a new one. The punch bowl, in fact, was allowed to remain on the table for [...]

I’ve liked her for a few months now, especially since she nailed Timothy Geithner to the wall while repeatedly asking him what in the Constitution gave the Treasury Department the authority to manage markets and the financial services industry. On that note, check out this story. Try to not laugh at the last paragraph.
Outspoken Republican [...]