Redak Redaction News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Black? >> why do that? are they just exercising in theatre with us? >> yeah, i guess that's what they're doing. and what's 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. it's 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. that's not a law, that's not regulation. that's kind of a fancy way of saying, look, buddy, this is how we do things and this is how we're going to continue to do things. >> let's talk...

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 isn't. they will release this eventually. remember, what we're 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 into the financial system which is revealed by the federal reserve audit at the gao. and that's jus...

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, there's nobody that would sit around and say, we can't do that because we're going to crash the market. there's nothing. so i thought, well, maybe they actually have done this and they've given us these documents. and then you opened up the ...