What would you like to talk about (Sadie suggests auditing the Fed)

Sadie suggested to me that we talk about Ron Paul’s effort to audit the Fed.  I’m not clear on what such an audit would involve.  What do you folks think?

As always when Bookworm is away it is your intelligent, insightful, informative comments that make this blog worth reading.  So, as always, and as I should have already done, I’m asking for suggestions.  What would you folks like to talk about during the next two weeks?