2013 is coming up soon
Quantative Easing failed horribly the first time, so they tried it again. It failed even worse, so they tried it a third time. So far, its had zero impact on anything. I guess they could start by not dumping money into the economy, causing the dollar to plummet, which makes imports like oil and therefore gas to cost us more. I understand the idea is to make our exports cheaper and therefore more in demand, but the unemployment rate hasn't budged, showing that in the long run its only made things worse.
http://www.cnbc.com/id/49274085
He's also arguing that Congress shouldn't pass a law that allows them to monitor their meetings. Should the people of the country explicitly not be allowed to know what the Fed is trying to do to our economy? Should they be allowed to do as they please with no oversight from anyone? Nobody in the Fed is voted in, yet they are able to play politics at will and have control over every financial institution in the country. And when they screw up, there's nothing anyone can do about it. Romney has already said that if he's elected, Bernanke is gone so of course Bernanke is going to do whatever is in his power to keep Obama in office.
http://finance.yahoo.com/news/bernanke-makes-strong-defense-fed-163121564.html