Federal Reserve Board fights to keep its secrets
Warns disclosing where money went would cause 'irreparable harm'
The Federal Reserve Board, despite being ordered to disclose to whom it awarded roughly $2 trillion in discount "stimulus" loans, is fighting to keep the information under wraps as a protected "trade secret."
Earlier this week, a U.S. district court judge rejected the Fed's argument that the names of borrowers are exempt from disclosure under the Freedom of Information Act and ordered the board to release the information by Monday, Aug. 31.
You know what? If what the Fed is doing is honest and aboveboard, disclosing the details would not cause "irreparable harm", it would bolster confidence instead.
A protected "trade secret". What crap! It's our money, not theirs!
This is just more fuel to the fire that when the Fed is finally exposed, they will be truly exposed as the thieving looters they are.
1 comment:
The only "irreparable harm" that would be caused would be to the Fed itself. And rightly so. It's time to turn over that rock and shed the light of day on what's crawling underneath.
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