Reply #14: Too secretive.... love that charge.

[boppers]

Obama's too secretive about his birth certificate?
The 9/11 commission was too secretive in their report?
East Anglia's CRU was too secretive with their data?

Typically, the charge is tantamount to this: If an agency/group/entity is saying things that don't match my pre-conceived notions, it's because they're hiding something (or I don't understand the topic, which means they're hiding something from me, personally).

Start here:
http://en.wikipedia.org/wiki/Federal_Reserve_System

Read *ALL* of it. Not just the wiki page, follow all the footnotes and links (for example, http://en.wikipedia.org/wiki/Administrative_Procedure_Act outlines one way they are required to be transparent) and read those sources, as well.

Then go here and read all of this site as well:
http://www.federalreserve.gov/sitemap.htm

....or, alternately, stop complaining that "the FED is too secretive for this information age." when the very same information age has made this vast wealth of information available, online, 24/7, free, exposed to anybody who wants to invest the time to learn.

The third option, of course, is to still bitch that secrets are being hidden, even when the sources have just been spoon-fed to you, but that might be a wee bit hypocritical.