$2 TRILLION emergency loans by Fed Reserve to....... ? -

Dec. 12 (Bloomberg) -- The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral. Complete article: http://www.bloomberg.com/apps/news?pid=2... We are losing our jobs, homes, livelihood, getting poorer by the minute. Yet the Federal Reserve, this year alone, gives out $2 trillion of OUR TAX DOLLARS emergency loans but refuses disclosure the recipients !!!!!!!!!! - What is your opinion? - Do you agree with such secrecy? - What if Bloomberg did not find out about this, nobody would ever find ou?! - Bloomberg filed law suit to gain information under Freedom of Information Act, but was refused the answer as information was deemed too sensitive to be disclosed to American public whose hard earned money Fed Reserve saw fit to take $2 trillion without having to disclose any info. - Did bush bamboozled all of us? SERIOUS ANSWERS ONLY: remember community guides! --------------------------------------... Source: http://www.bloomberg.com/apps/news?pid=2...|::::|My opinion is that it is way more than that now, and Ron Paul is right that the flap over the little $15 billion auto bailout is a sheer distraction from the real damage being done by the Fed. I don t think it should exist, much less conduct activities in secret with OUR money. Support HR 2755 to abolish the fed. http://www.youtube.com/watch?v=Uc1fDjS0Y...|::::|hey you better stop questioning what the government does ok? they are the government, they are here to help! and you better learn that, or else...|::::|Obama is already Mr Secret, do you expect better?|::::|I m on touchy ground here, I can tell. I agree wholeheartedly that the entire bail-out concept was just another bilk Joe Average scheme, and that the secrecy runs fundamentally against everything we are supposed to be about. This financial crises, however, unlike a lot of the other debacles of this administration, has roots at least ten years deep. The financial flow, since the answer-to-everything globalization, is subject to many more things than any President, even Mr.Obama, has any say over. Do you honestly think that only one side engages in this type of shenanigans, and once control changes (again) everything will be alright? I m not trying to be contrary, here, but I can t help wonder who will be blamed (or crecited) for whatever happenstance outcome this current financial situation resolves. Everybody seems to assume that any given politician will do what he says he will do, and be surprised when it doesn t happen that way, or some scandal emerges, these things are still treated as news, but they are wrong. News is when somebody actually turns out NOT to have done anything. I know, I m Mr. Cynical.|::::|My response is who cares? Seriously -- the amount should tell you something about just how desperate this crisis is. And the money doesn t really come out of our pockets. You have to understand that there isn t enough money in circulation now. The Fed is increasing the money supply. If they don t do that, the economy collapses. Think of it this way: We re in a car crash as it happens and there s no way we can avoid crashing. But we can slam on the brakes and slow our impact to minimize the effects of the crash. We still damage our car, but we survive.