>> in light of the terrible debt that the country has right now, notwithstanding the unfundeed liabilities for entitlements, most of the debt in this country can be traced -- there was not a problem until there was a federal reserve system. >> i got in trouble talking about the federal reserve yesterday. i got lectured about that yesterday. >> i would wonder, if you would be an advocate of that lease auditing be better reserved. >> i think there have been a number of candidates that have stood up over the course of the months and really questioned the transparency of the federal reserve. absolutely. whether you are the governor of the state or president of the united states or an independent branch of government, or not a branch of government, but an agency of government like the federal reserve, they should open their books up. they should be transparent so that the people of the united states know what they're doing, how they're doing it. the mistrust that is there today, if they would simply open up and be transparent with the american people, i think it would go a long way towards eith