Bloomberg Wins Lawsuit Against The Fed

Finally some accountability and transparency for the Federal Reserve.

"The Federal Reserve must make public reports about recipients of emergency loans from U.S. taxpayers under programs created to address the financial crisis, a federal judge ruled."

Amen for public disclosure.

Now Americans will get a shot at actually seeing where trillions of their dollars went.

I recently heard Judge Ray Moore (check out his story) of Alabama make a sharp comment about Washington:

"They're trying to buy us with our own money."

I hate bail outs. Worse, I hate them under the guise of "averting catastrophe."