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IPFS News Link • Federal Reserve

Fed Defies Transparency Aim in Refusal to Disclose (Update2)

11-10-2008 • Bloomberg.com via DailyPaul.com

The Federal Reserve is refusing to identify the recipients of almost $2 TRILLION (!) of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.

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Reported By Ed Vallejo

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1 Comments in Response to Fed Defies Transparency Aim in Refusal to Disclose (Update2)

Comment by schnokelbop

Entered on: 11/11/2008 5:26:02 PM

the fed reserve can do basicly what ever it wants. These people have little or no accounting to the govt. (not the govt is much better than these people) How little the GDP (general dum public) knows what really goes on out there.

study,learn educate yourself

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