Monday, November 10, 2008

Not So Transparent Now, Huh?

Another entry into the rapidly-expanding "Told You So" category:

The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.

Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September they would comply with congressional demands for transparency in a $700 billion bailout of the banking system. Two months later, as the Fed lends far more than that in separate rescue programs that didn't require approval by Congress, Americans have no idea where their money is going or what securities the banks are pledging in return.

Um...let's see...who predicted that would happen?  Conservatives.  See background information here, here, here, here, and here if you doubt me.

So why are people still listening to the liberal, big-spending idiots on the Left???

This is only going to get worse, and the sooner the American people wake up and get angry, the less damage will be done to this country by the Left.  The Obama-Reid-Pelosi trifecta, backed by the most far-Left Democrat majority party in American history, is going to do tremendous damage, and the only thing that can possibly stop them (if there is anything) is for the American people to continually stand up and demand they stop.  These people have already lost (or hidden, or wasted) $2 trillion of taxpayer money, and they haven't even fully gotten into office yet!

Let's wake up now before it's too late.

There's my two cents.

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