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Saturday, December 13, 2008
2:17 PM TweetThis
  • The Fed refuses to grant Bloomberg News's request to disclose the recipients of more than $2T of emergency loans from U.S. taxpayers and the assets it's accepting as collateral. "If they told us what they held, we would know the potential losses that the government may take, and that’s what they don’t want us to know."

This news story has 6 comments:

  •  
    What happened to the "will of the people?"
    2008 Dec 13 02:28 PM | Link | Reply
  •  
    The FED is so damn unconstitutional. Can we *please* just end it now? Before the dollar collapses?! Is there *no* sanity to be found in the republic anymore?
    2008 Dec 13 02:34 PM | Link | Reply
  •  
    Nyet, the will of the people is to have unlimited power to borrow and spend without having to produce anything. That desire is pretty much 100% incompatible with sound money, so sound money you shall not have. I thought this was all obvious but maybe there are still a few people out there who don't understand it yet.
    2008 Dec 13 03:08 PM | Link | Reply
  •  
    This is truly outrageous! Do we no longer live in a free nation?

    Let's hope some Federal judge throws the book at the scofflaws at the Fed.
    Bernanke deserves to rot in a jail cell.

    Surely if we can grant "rights" to enemy combatants under the Bill of Rights, we can allow our citizens to see the truth of how our government is spending the tax dollars of future generations.
    2008 Dec 13 05:05 PM | Link | Reply
  •  
    Yeah, like the whores in Congress will do anything about it. Please, all they care about is how much money they can raise for the next cycle.
    2008 Dec 13 08:30 PM | Link | Reply
  •  
    Good point, Metalhead.

    Obvious solution: gift some suitable securities to some enemy combatants (names available from ACLU court filings), and then sue the FED on their behalf for disclosure of the facts, petitioning the same judges who discovered their "rights" under the FOI act.
    _________________

    On Dec 13 05:05 PM metalhead wrote:
    ...
    > Surely if we can grant "rights" to enemy combatants under the Bill
    > of Rights, we can allow our citizens to see the truth of how our
    > government is spending the tax dollars of future generations.
    2008 Dec 15 04:09 PM | Link | Reply
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