A minor setback for the most transparent administration evah!
The Federal Reserve will publish new details about its emergency lending to banks during the 2008 financial crisis after the Supreme Court on Monday rejected a final banking industry appeal for secrecy.
The central bank said it will release within the next week a list of loans made from its main emergency aid program, the so-called discount window. It is the first time the Fed will disclose such information, although last year it was required by Congress to publish data from its other lending programs.
Of course, a NY District court had already ordered the Fed to comply, but as we know, in Obama’s America, only Republican governors are responsible for heeding courts.
The Chief Executive? Shit. Obama don’t play that.
Obviously not enough justices are listening to The Wise Latina.
This doesn’t bode well for ObamaCare.
Ha.
Funny Fed Money is the finest grease for the gears of global collectivism ever devised. There is no finer tool for redistributing, well, everything. It’s Soros-brand Play-Dough.
Ha. This is a peep in the wilderness — thanks Team R for the strength of your marvelous convictions — but it’s fun.
May the DC – Wall St corridor all rot in hell.
[…] Continue reading here: “High Court Denies Bid to Bar Details of Fed Bailout” […]
[…] The central bank said it will release within the next week a list of […]Source : Protein WisdomContinua This entry was posted in finance. Bookmark the permalink. ← New Oil Spill in Gulf … […]
I cannot wait to read that list… transparency!