federal reserve
Beware of the creature from Jekyll Island
In a previous article, I discussed the push to audit the Federal Reserve System. Since that time, Congress has made major progress in bringing about a transparent central bank. Now, the Federal Reserve Transparency Act of 2009 (H.R. 1207) has more than 300 co-sponsors in the House, and efforts have been made to gut the legislation and protect the central bank from any significant audit of its practices.
WUSTL Chinese students optimistic about Obama
The Obama administration’s recent statements about China might hinder Obama’s desire to improve the United States’ relations with all nations of the world. While some Chinese students at Washington University are not attuned to the discourse between China and the United States, others understand the controversy but are optimistic about the future.