On Sat, 19 Sep 2009 10:57:26 -0700 (PDT), "Sir Arthur C.B.E. Wholeflaffers
A.S.A." <science@zzz.com> wrote:

Why are the Fed and the banks fighting so hard to keep the loan details
secret? 

Because they don't want to make it obvious to the rest of the world (ROW)
that the Fed's ponzi scheme is transparent and the dollar is totally
worthless.  The Fed used Wall Street to create dollars out of thin air and
when that crashed their source of dollars stopped.  So the only other
resource they had was to create dollars by taxing the Americans in the form
of bail outs, which American can't repay. The Fed knows Americans can't
repay the deficit but was hoping the ROW was stupid enough to buy Treasury
notes, which didn't happen.  So now the Fed is buying back the deficit they
created with the money they created in creating the deficit, order to keep
things floating, albeit temporarily.  Until the ROW of the world sees how
tenuous the Fed's position is.

The ROW has no choice but to adopt another currency as a reserve, because
the Fed's ponzi scheme is all but finished.