Redak Redaction News Today

Black? >> why do that? are they just exercising in theatre with us? >> yeah, i guess thats what theyre doing. and whats so strange is that in january, this coming january, they will release all of the 2007 minutes verbatim on their web site with zero redaction. its completely arbitrary. in their letter responding to us, they recited a quote of a long-standing policy of releasing them on a five-year schedule. thats not a law, thats not regulation. thats kind of a fancy way of saying, look, buddy,...

Redak redaction, redaction. and any other questions or comments? again, it has been a long and very fruitful discussion, and i look forward to seeing in you washington in about ten days. thank you. it looks like a cia document full of national security secrets, but it isnt. they will release this eventually. remember, what were looking at here is a meeting from january 20, 09, the height of the financial crisis, when taxpayers were being asked and did inject in excess of $30 trillion with a t in...

Point. so the fact that they at least started here surprised me slightly. and then once they gave the binder, i thought, oh, wait, maybe the fed has turned over a new leaf. maybe this is actually a new federal reserve and they are making a new commitment to transparency, because there really is no reason to withhold meeting minutes from 2007 today. i mean, theres nobody that would sit around and say, we cant do that because were going to crash the market. theres nothing. so i thought, well, mayb...