Tuesday, April 20, 2010

Banksters Will Not Reveal Recipients of $2 Trillion.

Even after the "U.S. Court of Appeals in Manhattan ruled March 19 that the central bank must release the documents. A three-judge panel of the appellate court rejected the Fed’s argument that disclosure would stigmatize borrowers and discourage banks from seeking emergency help."

Instead, all the biggest U.S. commercial banks and their lobbyists - uniting in an effort to oppose letting we, the public know which banks received how much of 2008's $2-trillion federal bailout for banks - are taking their case to the Supreme Court. That's right. The same court that always sides with Big Money against the interests of the American people. The same court that upheld "corporate personhood" in allowing corporations to spend unlimited amounts to buy our elections.

And if that's not bad enough, Comcast partnered with teabaggers to bring new right-wing broadcast network online as they fight a battle to acquire NBC and related assets (including MSNBC) without being deemed a monopoly. Fox News on steroids, perhaps?

Here's a look at their joint venture: RightNetwork

How does this tie into the Supreme Court's decision favoring "corporate personhood" and the decision it will make in keeping us from seeing where "our" $2 trillion went?

Well, Congress already enabled five corporations to control 80% of U.S. media. Considering that the ruling elite depend on the corporate media to maintain its ability to control our minds, and considering the brain-washing that is already going on, do we really need another right-wing network like this?

The case is Bloomberg LP v. Board of Governors of the Federal Reserve System, 09-04083, U.S. Court of Appeals for the Second Circuit (New York).


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