Autonomy of the Federal Reserve Is Praised by Media

“With the 100th birthday celebration of the FED coming in late December, the media have begun serving as the FED’s ‘Amen corner.’  This Associated Press article on Janet Yellen is typical. Her main qualification is said to be her independence of the President.  Is she liberal? Yes. Is she a dove on inflation? Yes. No matter.  No other institution of our government gets a free ride the way the Board of Governors of the FED does. No other agency with its URL ending in .gov has such autonomy. No, not even the CIA. The CIA still must be funded by Congress. The FED funds Congress.”

http://teapartyeconomist.com/2013/09/23/autonomy-federal-reserve-praised-media/

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