Friday, December 12, 2008

Fed Refuses to Disclose Recipients of $2 Trillion in Lending

Bloomberg.com: Worldwide

"Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September they would comply with congressional demands for transparency in a $700 billion bailout of the banking system."

Let Me guess: that was before they got the bailout money. Right? And Congress didn't "demand" anything, they simply made a request along the lines of "If you can, you know." When Congress demands, it has the force of law. (Not that the law really means anything to these banksters.)

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