For years, the Federal Reserve had a good friend in their pockets when Congressmen Barney Frank was chairman of the Monetary Policy subcommittee. That is about to change, and taking Barney's place is the one man who would see the Federal Reserve dissolved.
That man is Congressman Ron Paul.
Dr. Paul has been leading the charge to abolish the Fed for a number of years, and has been hampered by Congressman Frank into getting real and truthful information on Fed policies, and in particular, where the TARP money actually went.
In several inquiries, Fed officials have used subterfuge to keep from providing the information on who received TARP monies, how much was actually spent, and what benefits the monies created.
Merry Christmas Ben Bernanke, your worst nightmare has arrived with power.