http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aG0_2ZIA96TI
I seem to recall The President saying that they (the administration) would be posting online what our (the tax payer) money would be used for. The Vice President was responding to a question regarding this very matter when he had to ask for the "website number". After all of these promises, The Fed refuses to disclose this information to the public?!
A quote from the article: "The Fed refused yesterday to disclose the names of the borrowers and the loans, alleging that it would cast “a stigma” on recipients of more than $1.9 trillion of emergency credit from U.S. taxpayers and the assets the central bank is accepting as collateral. "
A stigma? $1.9 Trillion dollars of OUR money and we don't get to know who gets it because it would "cast a stigma" on the recipients!
Does this sound like the transparency we were promised and deserve?
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