Poulson/Bernankie asserting new found snickers

@xfahctor (14107)
Lancaster, New Hampshire
December 13, 2008 4:35pm CST
Were I to title this article, it would have been, "King Henry the Poulson and Sir Bernankie, the sherrif of shyttingham, tell america where the money went is none of our business, despite the fact that it was our money and our elected officials who gave it to them along with the abuility to not tell us where it went, how, why and backed by what" ok, so it's a little long. My favorite line in the article is "In response to Bloomberg’s request, the Fed said the U.S. is facing “an unprecedented crisis” in which “loss in confidence in and between financial institutions can occur with lightning speed and devastating effects" In other words the "the sky is falling, we need more power" line again. Anyway, here's the article, the short of it, the fed doesn't feel obligated to tell us where the money went. Fed Refuses to Disclose Recipients of $2 Trillion 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.... http://www.bloomberg.com/apps/news?pid=20601087&sid=apx7XNLnZZlc
1 person likes this
3 responses
@xParanoiax (7006)
• United States
14 Dec 08
Lol, For some reason, I imagine them more in the roles of Dr. Frankenstein and Igor. The crisis is their monster and it is aliiiiivee, and now they're in trouble =o WHERE ARE THE PITCHFORKS AND TORCHES??! *cough* or at least, in the role of the soupman from seinfeld. "NO SOUP FOR YOU!" (Meaning us, and the soup would be explanations) ... Okay, I'm done now. Lol.
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@xfahctor (14107)
• Lancaster, New Hampshire
14 Dec 08
lol! nicely put as usual. I noticed something, and it is part of the problem. This recieved one response. People justdon't care. this is one of the most signifigant things happening in this country and no one cares. I'm with you on th epitch forks and torches, but from the looks of things, we'de be the only to on the doorsteps of the federal reserve. Most people would rather lumber along and continue their indoctrination through the drool box (television).
1 person likes this
@anniepa (24835)
• United States
15 Dec 08
Of course the fed doesn't feel obligated to tell us, they think it's none of our business and it doesn't matter whether we know or not! The fact is, they know if we knew the truth we wouldn't approve at all and there would be a huge uprising if people had it spelled out to them that while they're struggling to heat their homes and feed their families, not to mention keep from losing their homes, our government is giving their tax dollars to billionaires. Annie
@xfahctor (14107)
• Lancaster, New Hampshire
15 Dec 08
what astonishes me is how the media and the public have alrady accepted this as no big deal and are still looking at it as "the bail out"
1 person likes this
@dfranz2 (49)
• United States
15 Dec 08
This really isn't all that surprising. The Federal Government makes the rules, and then they edit them as they see fit to keep themselves from ever really revealing the truth. Look at all the stuff we learn about past presidents after they have been out of office for several years. And then when they do release info, it has usually been diluted (or deluded as they are). You can't believe what they say or write, so you have to make your own educated guesses. I don't think that we will ever really know where that money has gone, except to cover their as#$s!