Not Good

U.S. seeks enhanced financial authority for Fed

A private company 'The Federal Reserve' might be given broad authority to require information from all participants in financial markets and a right to collaborate with other regulators in writing the rules that companies and institutions must follow.

http://www.reuters.com/article/politicsNews/idUSN2836557720080329?feedType=RSS&feedName=politicsNews

http://www.politicallore.com/shaun-booth/the-federal-reserves-power-grab/199

http://www.nytimes.com/2008/03/29/business/29regulate.html?ei=5065&en=7ba12b1b93b17830&ex=1207368000&partner=MYWAY&pagewanted=print

http://www.nytimes.com/2008/03/29/business/29regulate.html?_r=1&hp&oref=slogin

http://cryptogon.com/?p=2293

Related:

Fed Official: U.S. Slipping Into Recession

http://moneynews.com/money/archives/articles/2008/3/27/143451.cfm