Ed Schultz interviews Florida Rep. Alan Grayson about Congress finally demanding more transparency from the Federal Reserve, and auditing their massive secret bank bailouts. The recently passed legislation will now allow the Government Accountability Office to independently audit the Fed, and their nefarious Wall Street deals.  Alan Grayson and Ron Paul co-authored the amendment, which also had a whopping 311 co-sponsors in the house.

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“We need to stop giving money to the bad banks, they just eat it, they don’t actually hand it out to people and do anything useful with it. We have to give money to the good banks. The fundamental strategy that has been followed since the Bush Administration to try to recover from this is flawed…the good banks will go and make good loans to people, to businesses, to small businesses in particular, and the economy will recover.”

—Rep. Alan Grayson

To anyone who’s from the San Francisco Bay Area, there’s no need to introduce Cody’s Books. This famous Berkeley independent bookstore has been around since 1956, when it was founded by Pat and Fred Cody as a small storefront, and even played a part in (The People’s Republic of) Berkley’s interesting political history in the 60’s and 70’s. In fact, Pat Cody wrote a book about it in Cody’s Books: the Life and Times of a Berkeley Bookstore, which I heard is quite worth hunting down.

So today’s announcement is that Eco-Libris finally plays a small part in the current chapter of Cody’s history book. As of last week, our “One tree planted for this book” eco-friendly stickers are on sale for $1 at the book counter, and the Berkeley literati can now plant a tree for every book they buy at Cody’s.

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