Government Transparency???

While we fret over Socialism under Obama – which I guess means helping citizens rather than Corporations - the Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets they are accepting as collateral. Federal Reserve Chairman Ben Bernanke 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 Federal Reserve is lending far more than that in separate rescue programs that don’t require congressional approval, Americans have no idea where their money is going or what securities the banks are pledging in return. We are suckers!