Ya get this !!!!!
It gets even worse. The secrecy also extends to an even bigger rescue program you may not have heard about at all.
Last September, the Federal Reserve quietly relaxed its rules for giving loans to banks and institutions. Since then, it's loaned out $1.2 trillion.
And even Congress can't get a top banking regulator to tell who got the money.
"Which institutions received that and how much for each institution?" asked Rep. Alan Grayson.
Federal Reserve vice-chair Donald Kohn said, on Jan. 13, 2009: "I'd be very concerned, Congressman, that if we published the individual names of those borrowing from us, no one would borrow from us."
Grayson responded: "You're saying that entitles you to keep secret the $1.2 trillion? Four thousand dollars for every man, woman and child in this country?"
"I don't think we're keeping it secret," Kohn said. "I think we're releasing a lot of information about it."
