Like being the film critic who gives bad movies good reviews

Deans Slaughter and Hansen, and Professors French, Bernard and La Porta have signed the petition to re-establish the Fed's independence.

I sympathize with the sentiment. I'm certain that don't want Nancy Pelosi making monetary policy, but I think I fall closer in line with Allan Meltzer on the subject when I say "what independence"? The Fed has had a long history of being politicized.