Sunday, December 14, 2008

Secrets

To paraphrase Verbal Kint, "And like that, poof. It's gone.".

It being the $2 trillion that the Fed has distributed to various unnamed entities:
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.
snip...
The Fed responded Dec. 8, saying it’s allowed to withhold internal memos as well as information about trade secrets and commercial information.
It's not even news that there is no longer the pretense that this is not a functioning democracy by any known definition, national security matters are too sensitive to trust to the public, now financial matters are to remain behind the veil. What's left? Fuck all.

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