There ARE people standing up and addressing the issue. HR 1207, the “Federal Reserve Transparency Act”, was introduced by Ron Paul and is currently enjoying over 280 co-sponsors in the House with significant bi-partisan support. The text of the bill is simple; allow the Congressional Budgeting Office to do a full-scale audit of ALL the shenanigans of the Federal Reserve, which they are currently not allowed by law to do. It would shine light on who the Fed is loaning (giving, really) money to that we don’t know about – central banks, foreign governments, possibly revolutionary and terrorist organizations or at least regimes who support them. http://blogs.wsj.com/economics/2009/08/31/what-would-a-federal-reserve-audit-show/

It’s no coincidence that Fed Chairman Ben Bernanke and TS Geithner have embarked on a PR crusade to convince America that it would be dangerous to question their actions and that they should have total independence and no accountability in what they do. They say this with such candor that it’s almost funny (if it weren’t our money and our future at stake). http://dailybail.com/home/what-would-you-ask-tim-geithner-alan-murray-interviews-the-t.html

I saw IOUSA last summer when it was played in select theaters one time only, with a panel of mucky-mucks discussing it live afterwards. It’s a great movie, very informing, sadly, the information is already out of date and in need of revising due to the overwhelming increase in our deficit spending this year. As scary as the numbers are in the movie, they’re even worse now.

There’s a fifth kind of deficit, which is an invisible tax called inflation. This is what inevitably happens when you (gov’t) issue debt repayable only with more debt because your currency is backed by pure bullshit.