During last night’s Republican debate in New Hampshire, former U.S. House Speaker Newt Gingrich blasted the media for not demanding the Federal Reserve be more transparent. “I want to repeat this, Bernanke has in secret spent hundreds of billions of dollars bailing out one group and not bailing another group. I don’t see how anybody in the news media demanding the kind of transparency of the Fed that you would demand of every other aspect of the federal government. And I think it is corrupt and wrong for one man to have that kind of secret power,” said Speaker Gingrich.
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