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So, there is no 'disclosure' because there is no real evidence of aliens or even their visitations to disclose, and that which is 'covered up' is 'normal' stuff that is merely 'top secret' and the like.
Originally posted by Kwintz
The fact that it would cause mass hysteria? The possibility that their authority would be undermined? Or that it would crush some major religions? Or do they just not think we could handle it?