Quote:
Originally Posted by grassfarmer
Secret Spending: Fed Lends Two Trillion Without Oversight | Video | AlterNet
There has been quite a bit of chatter about this money loaned by the Federal Reserve and their resistance in telling who got the loans.
I don't know if it is true, but I would not be surprised if it is true. Don't you wonder what happened to all of the billions of dollars related to the stimulus bill? My son-in-law who is a journeyman electrician in Chicago has been out of work since April. They were all hoping that Chicago would get the Olympics because they said business would pick up for everyone. I don't think the Olympics were a part of the stimulus bill do you?
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Yes, although I understood and agreed with the need for the TARP funds...............I was strongly for an accounting of where they went.
However, Bush did not require it and that was just a(nother) mistake on his part.
It's interesting that a freshman congressman is the one asking the tough questions...........and he's a Democrat to boot.
