Economy

I still get a thrill whenever I get my hands on a confidential memo with “The White House, Washington” on the letterhead. Even when–like the one I’m looking at now–it’s about a snoozy topic: This week’s G-20 summit.

But the letter’s content shook me awake and may keep me up the rest of the night.

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http://www.youtube.com/watch?v=v1h2c3Hkf7o&feature=player_embedded

The Federal Reserve is one of the most powerful and secretive institutions in Washington, long considered beyond the reach of lawmakers. But now, as details emerge of how the Fed secretly doled out more than a trillion dollars during the financial crisis, a rare bipartisan movement in Congress demands that the Fed be held accountable.

http://www.youtube.com/watch?v=zpbW64vRrMc

U.S. Postal Service officials are considering closing 33 post office branches in the Columbus area in an effort to control costs.

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The Friday night, June 27th FDIC Financial Follies were presented again at 9:00 pm EST. That is so the public will not hear about the failures.

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