Wednesday, November 12, 2008

Where has the money gone and what will you get in return?

Yahoo! TechTicker is wondering where the bailout money is going and what taxpayers are getting in return: Bail-Outrage: Misuse of Funds, Lack of Transparency a National Disgrace

After all, if you don't know what you traded the cash for, how can you reclaim the value, when, as people are arguing, the markets "surge" and repay the taxpayers?

As librarians, who should rightly be concerned with freedom of information, Bloomberg has filed a federal lawsuit to find out who got what and what for.

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