This is the year that there was a change in leadership at both CATO & the Heritage Foundation - John Allison of BB&T to CATO & Senator Jim DeMint to Heritage - by all appearances both excellent choices.
CATO members receive a policy report bi monthly. The latest has a report "Has the Fed been a Failure?", very informative, & about 3 1/2 pages, not easy to condense.
They also talk about domestic surveillance, Sen Ron Wyden (D) from OR is onto this & makes some very good points.
I'm not an economist but did make the little we have the hard way, I cannot see how the fed can create money to buy bonds to keep the government operating. The US is borrowing 40% of everything they are spending. It is not an entitlement issue, it's a spending issue. The folks who are savers are taking it in the shorts, ZIRPing the economy to health just isn't going to happen!