Quote:
Originally Posted by peaceandlove
The Fed's Iron Shroud of Secrecy
Posted by Anthony Gregory on 03/05/09 1:52 PM
In response to a Bloomberg News lawsuit (See Post #8), "The Fed [has] refused. . . 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."
For too long, the Fed has enjoyed the monopoly privileges that only big government can provide while demanding private sector levels secrecy and independence from government inquiry -- and then some. What a timely occasion for Ron Paul's Audit the Fed bill (See Post #3).
Source: http://www.campaignforliberty.com/bl...ew=12616&cpg=1
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I won't hold it against them....Will you guys?