1. Have a folder
2. Place it on your desktop
3. Right click the folder and select properties
4. Click the 'Customize' tab
5. Click 'Change icon'
6. Select the blank icon choice
7. It should have no icon now
8. Highlight the text in the folder name
9. While it is highlighted, hold down 'Alt' and while holding down 'Alt', press in order, 0160 (in the number pad)
10. Then press 'Enter' and there should be no text.