"Now that is very concerning because there's a lot of evidence that an independent central bank that makes decisions based strictly on economic considerations and not based on political pressure will deliver lower inflation and better economic results in the longer term."
Ron Paul rightly pointed out a number of things:
Of course it's political, when one can be backed and another allowed to fail.
It's not independence the Fed wants, it's secrecy.... and they are dealing with many more trillions than the Congress and giving to banks outside their country as well as giving to one corporation and not another.
