Here is some good news: Congressman Ron Paul of Texas has been selected to chair the subcommittee that oversees the Federal Reserve.
Ron Paul's book "End the Fed" will give folks an idea of how Ron Paul feels about the Federal Reserve. (I strongly recommend reading this book if you have yet to do so.)
Now, more than ever, we need severe oversight of the Federal Reserve and it's actions. It's time to impose a swift and thorough audit of the Fed, and there is no one better than Congressman Paul to oversee the process.