Hiding the Bailout Money

Will Barack Obama change the way our government is working? He promised that everything would be more open and transparent. Let's hope.

From Boing Boing

Bloomberg News filed a Freedom of Information Act lawsuit against the Federal Reserve on November 7 to find out who is getting the $2 trillion in bailout money. The Federal Reserve told them to shove it.

The Fed responded Dec. 8, saying it’s allowed to withhold internal memos as well as information about trade secrets and commercial information.

Just in case you're not clear on the concept - that's your money and it's use should be subject to open government laws.