“Bernanke Threatens The Congress” We will cause an Economic Collapse if you audit the Fed!
Rep. Duncan questioned Federal Reserve chairman Ben Bernanke on Thursday about what his opinion of a majority in Congress who have co-sponsored Ron Pauls bill to audit the Federal Reserve.
Bernanke clearly regarded the bills intent as hostile to the institution he represents:
“My concern about the legislation is that if the GAO is auditing not only the operational aspects of the programs and the details of the programs but making judgments about our policy decisions would effectively be a takeover of policy by the Congress and a repudiation of the Federal Reserve would be highly destructive to the stability of the financial system, the Dollar and our national economic situation.”
The brunt of Bernankes statement is as crystal clear as a threat from a common street thug back off from the Fed, or the economy gets it.
The chairman clearly implies that any attempt to restore monetary powers constitutionally granted to the Congress would be seen as a “takeover” and that the defensive and “repudiated” Fed would respond destructively.
Of course Congress constitutional power over money is in the U.S. Constitution:
The Congress shall have power To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
Bernankes open use of financial terrorism in the face of Congress blatant Constitutional authority is absurd and despicable.
Duration : 0:2:13
January 2nd, 2010 at 4:49 am
It would be highly …
It would be highly destructive to monetary policy, to the independant company of the federal reserve.
The Federal Reserve needs to be dismantled, its a private corporation that has control over the United States Economy, in which the influence all aspects for their own profit.
January 2nd, 2010 at 4:49 am
Bernanke …now …
Bernanke …now there is a shape shiftng reptiian if ever I saw one !
January 2nd, 2010 at 4:49 am
Just when did we …
Just when did we lose our minds and allow these monsters to run our country? Why are they not yet swinging from a rope at each intersection of the streets?
January 2nd, 2010 at 4:49 am
Hmmm…he sounds …
Hmmm…he sounds nervous.
January 2nd, 2010 at 4:49 am
Bernanke says “let …
Bernanke says “let them eat cake” and “don’t let them see what we are eating”.
January 2nd, 2010 at 4:49 am
the world banks …
the world banks will not take this lying down, because they will be seen for what they really are, you fill in the blanks,i already have,a few times out loud.
January 2nd, 2010 at 4:49 am
they are not jews. …
they are not jews. nazis. hebrews the are not.
January 2nd, 2010 at 4:49 am
End Slavery. End …
End Slavery. End the Fed.
January 2nd, 2010 at 4:49 am
Get rid of the FED …
Get rid of the FED now! their threats, we will survive. THEY WONT !!!
January 2nd, 2010 at 4:49 am
The FED must go!!! …
The FED must go!!! Not an audit…..not a new chairman….not a restructuring…….not anything short of closing it down and prosecuting those who promoted it.
Burnanke is a criminal. He must be prosecuted. Devaluation of the dollar is a crime. Printing money is a crime…unless you are the US Mint. We must educate people about constitutional requirements for monetary issues and stop allowing these criminal elites to manipulate our lives by controlling our money.
January 2nd, 2010 at 4:49 am
i rated and the …
i rated and the number of ratinds didnt raise———-
January 2nd, 2010 at 4:49 am
There’s only one …
There’s only one way to resolve this financial mess that the partnership between Our Congress and Wall Street bankers (The FED) has got this country into. The people should first get themselves informed as to the Constitutonal requirements of our monetary system. And then demand a judicial review of the Federal Reserve Act by our US Supreme Court.
January 2nd, 2010 at 4:49 am
END THE FED ! No …
END THE FED ! No restructure, No adjustment, No No No. Get Rid of the FED!
January 2nd, 2010 at 4:49 am
i rated poor and …
strange
i rated poor and the number of ratings didnt raise
January 2nd, 2010 at 4:49 am
Yep it is there
” …
Yep it is there
“and we have no interest to pay no one”
January 2nd, 2010 at 4:49 am
exactly
exactly
January 2nd, 2010 at 4:49 am
hahahahaha the …
hahahahaha the founding fathers actually stated that something like the FED is a natural enemy of the nation, cause the only way that a nation can pay a debt is by the same money he is borrowing.
Damn, Jews have no shame
check also they thoughts about
the income tax
January 2nd, 2010 at 4:49 am
Here’s another one …
Here’s another one for you by Ben Franklin:
“In the Colonies we issue our own money.
It is called Colonial Scrip. We issue it in proper proportion
to the demands of trade and industry to make the products
pass easily from the producers to the consumers. In this manner,
creating for ourselves our own paper money, we control its
purchasing power, and we have no interest to pay no one.”
Pay special attention to the last bit, since Americans pay interest on money those monsters decide to print.
January 2nd, 2010 at 4:49 am
The Federal Reserve …
The Federal Reserve is a private bank 100%, owned by 11 private bankers, most of whom aren’t even American.
January 2nd, 2010 at 4:49 am
“I believe that …
“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs.”
- Thomas Jefferson
January 2nd, 2010 at 4:49 am
Traitors that are; …
Traitors that are; but they’re most powerful as you (and I) fear to call them by name. I refer to them as the bankers. The Jews own this country and their greed has not stopped with the housing bubble. Now; they want to make money off the same housing bubble that they’ve created. They’ll get what they want too!
You can’t argue with success!
January 2nd, 2010 at 4:49 am
Unfortunately, I …
Unfortunately, I have read history and love the founding fathers, and they repeatedly warn about bankers and the system that is actually now in service. The Fed controls the economy, which is illegal first off, as its a controlled version of a natural growth of supply and demand. They depreciate the purchasing power of our dollar, disrupting the global markets as well. They charge interest on paper currency that has no true gold value, printed from thin air. Only a thief can appreciate that.
January 2nd, 2010 at 4:49 am
ageagainst: What I …
ageagainst: What I said was very clear. You can attempt to put all the spin on it you want. Just too simply admit you work for the Fed won’t work for you, because for some reason you believe your cover will blow. Well can all see who you are so please stop with the lame attempt to justify what Bernanke and the Banksters are doing. To say its Constitutional and what the founding fathers would want is laughable. So please stop the comments here I have nothing more to say to you.
January 2nd, 2010 at 4:49 am
so are you saying …
so are you saying that if I am in the minority that automatically discredits my position?
Furthermore, you have no proof they are stealing anything… You merely have rumor and paranoia making your argument.
Finally, what I stated was not an opinion, it was the fact of the matter. Our founding fathers, the people who wrote the constitution, agree with bernake… You disagree with the constitution?
January 2nd, 2010 at 4:49 am
RageagainstR: I …
RageagainstR: I can’t believe my eyes when I just read your post. You are the only one in 165 comments that thinks what Bernake said was perfect. One you work for the Obamanoids or some sort of spook working for the government. So Please stop with the very poor attempt to justify the private banksters stealing 24.7 TRILLION and will not give an accounting as where the money went. This is why we are going to audit the Fed which will bring them down!! IT’s about time. Throw them all out.