Thursday, March 05, 2009

"Change has come to". Maybe some body ought to tell them...

From the White House website (see here):
Transparency -- President Obama has committed to making his administration the most open and transparent in history, and will play a major role in delivering on that promise. The President's executive orders and proclamations will be published for everyone to review, and that’s just the beginning of our efforts to provide a window for all Americans into the business of the government. You can also learn about some of the senior leadership in the new administration and about the President’s policy priorities.

And yet we read that the Federal Reserve will not release the names of the banks to which $1,900,000,000 (that's $1.9 TRILLION) of OUR money was loaned because it might "cast a stigma" on those banks. I think it should cast a stigma on those banks. I think the tax payer (and investor) ought to know where our money went and why the banks needed it. Read about it here.

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