The government is refusing transparency on where the bailout money is going

Obama's code of secrecy:

Thus far, the U.S. government has spent, lent or committed $12.8 trillion to the financial rescue. That tab works out to $42,667 per person, or $130,600 per tax filer. It is almost as much as an entire year's worth of gross domestic product, which last year was $14 trillion. The government refuses to inform the public - or even Congress - where all the money is going. . . . .

UPDATE: Of course, Obama is again calling for transparency. No reason to deliver on transparency, but just keep calling for it.

Speaking in Trinidad on Sunday, President Barack Obama said that he'll require "accountability" for the U.S. banks receiving bailout money, and that he would not put taxpayer money into a "black hole." . . . .

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