NEW YORK ( TheStreet) -- Today, the world goes on hold. In Libya, the Gadhafis and the anti-Gadhafis put down their guns. The escapees from that Afghan jail stop running and turn on their radios. Here in the U.S., traffic stops, airports shut. Times Square is silent. Ben Bernanke is holding a press conference!You have to understand that this is momentous news. That kind of thing just doesn't happen. Of all U.S. institutions, with WikiLeaks exposing foreign policy and the CIA an open book, the Federal Reserve is the last remaining bastion of secrecy. As a result, it has more conspiracy theories surrounding it than the Masons, the Jews, the Trilateral Commission and Area 51 put together. And the Fed has only itself to blame for that air of mystery.
Closed-Door Fed Is Now Open? Oh, Please!
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