Reply #24: Enron was subject to an accounting by an outside accounting firm.

[JDPriestly]

We know what that was worth. I assure you that the big mortgage companies were subject to accountings by outside accounting firms. That meant absolutely nothing.

The FED should be absolutely open with Congress about everything it does. It should be subject to, controlled by Congress, not by bankers. The bankers have shown that they are not loyal to the people of the United States -- the ordinary people. The FED should be completely subservient to Congress and the president who represent the people of the United States.

I do not want banks that are owned and controlled to a great extent (even if not primarily or in the majority) by Saudi Arabian princes. That was the case of Citibank, one of the banks that would have had more say in the FED than the entire state of California. The FED should not be controlled by the banks. The FED should be the institution through which Americans control their own economy.