Bernanke fearmongers that Fed audit would be ‘takeover’ by Congress, trigger economic collapse

[Carlos1004]

Whats so fucking hard about a country removing a bunch of pirates???

I just dont get WHY the FED is allowed to continue, when they are so opposed!!!!

HHHHHEEEEEEEEEEEEEELLLLLLLLLLL­LLPPPPPPPPPPP.

[57girl]

A take-over of monetary policy by the Congress? ... wouldn't that be something??? Right in line with Article 1, Section 8 of our CONSTITUTION ... that is exactly what should happen. And while we're at it, we should fire all of those Czars that operate outside of Congress's reach. No wonder our Representatives look so worthless, they have their hands tied behind their backs for the most part. Granted, there are a few traitors on the hill, but I think most of them are clueless.

[N1k1mon]

Great bernanke, you disclose all at your own discretion, yet continue to hide exactly what it is that needs to be seen. What's the point?

He's exactly right though, an audit would destroy the Feds independence, fortunately it shouldn't be independent and autonomous.

Audit the Fed!

[EgyptianPrinceCB]

US GDP since the foul birth of Federal Reserve in 1913, Federal Reserve (a communist-like Central Bank that dictates policy) has been robbing Americans blind...

2010 - 1913 = 97 years ... let's say each year America brings in ~ $8 Trillions GDP..

97 * $8 = $776 trillions stolen by the likes of Bernanke ...

That's some GRAND GRAND looting.. baby boomers can't retire because social security is depeleted.. and existing retirees are getting killed by medicare and medicaid costs...

[AxRhea88]

Social Security is depleted because of congress.. Medicare and Medicaid is also failing because of congress. Congressman are not economic experts, and never will be. I'd rather stick with the FED not being audited.

[patbarkley]

Yeah, we should give control of the money supply to Barney Frank and Chris Dodd, what could go wrong? LOL!

[AxRhea88]

Exactly.

[timesplitters333]

it will lead to collapse! Bernanke is right about it..

[MikeG11986]

Yea, because the Fed would cause the collapse. They have been given the power to control a whole countries money and now they want to keep it. They are a privately owned and operated corporation that needs to be disolved.

[timesplitters333]

disolved? unlikely!

And you want what to replace it?

[MikeG11986]

The government prints the money, like our for-fathers wanted, thats why Andrew Jackson closed the Central bank that preceded this one. The people who got this central bank in place did it by lying and cheating and manipulating the country.

[timesplitters333]

the goverment prints the money?

thanks for that.. now i know you nuts..

[MikeG11986]

How do you think they did it before 1913?

Why do you think we have a department of treasury?

because right now the department of treasury does nothing other then communicate with the FED. Look and see all the videos of congressmen grilling Timmothy Geitner.

[timesplitters333]

so you want T Geitner to control the printing press....

Great...

[MikeG11986]

Good point.........

[timesplitters333]

we will see in the future..

[mbmart2005]

US should change the Fed's name. Its private anyways.

[infowarrior039]

Audit the Fed!

HR 1207!

[freemarket11]

We will end this fed... keep on calling our reps/senators and spread the word...

Btw.. August 20th.. Million Dollar Money Bomb for Ron Paul's son ...

Rand Paul for Senate 2010

Sign up at Run Rand Run. com

[jubie7]

Yeah, transparency and oversight of tax payer funds and tax payer money by representatives of the tax payers... sounds like a bad idea to me. Is this guy serious? The Fed is such a scam.

[rauchenfoofy]

what a cock sucker! of course congressional takeover is a bad thing...for him. the question is, is it bad for the people?