3% of your Representatives in Congress honors their Oath of Office to "...support and defend the United States..." 100% of the time in the 112th Congress:S Myrick NC, Ron Paul TX, P Roe TN, B Posey FL, C Mack FL, T McClintock CA, R Labrador ID, T Huelskamp KS, T Johnson IL, W Jones NC, A Harris MD, T Graves GA, John Duncan, JR TN, Jeffery Duncan SC, J Campbell CA, J Chaffetz UT, J Amash MI, Rand Paul KY (The Freedom Index 8-8-11 sans those who voted for ndaa) Restore America RON PAUL 2012
"The bottom line is it that central banking is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
"The bottom line is it that central banking is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
"The bottom line is it that central banking is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
"The bottom line is it that central banking is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
"The bottom line is it that central banking is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
yep.. fooled you all again.. research about this senator..: google Bernie_Sanders and see his history and how he spent time in izraili spy school- kabutz..
"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class."
"The real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities states and nation. At the head is a small group of banking houses generally referred to as 'international bankers.'
This little coterie... run our government for their own selfish ends. It operates under cover of a self-created screen...[and] seizes...our executive officers... legislative bodies... schools... courts... newspapers and every agency created for the public protection.
@detox8388 Do some research into the privately owned "federal reserve" and you will understand, this issue should unite all american people because your being robbed big time
@detox8388 Well Ron Paul has been telling us in the beginning about central banking issues, etc. Yes, Ron is a REP (Libertarian at heart) and Sanders is DEM but parties is just a name as some of them think alike and stand together on issues.
Article I Section 8 (Paragraph 5) "...To coin Money, regulate the Value thereof, and of coreign Coin, and fix the Standard of Weights an Measures; ..." Key word here COIN
''According to the law we are SUPPOSE TO?'' so you have now publicly stated you are breaking the law! You have threatened economic crisis if Ron Paul attempts to do his job and fufill his wishes to us republicans in the previous video I watched. You also lied in the video by saying ''we have never lost a penny''.....we are in debt MORON! WTF did you do with my tax money and why can't you atleast tell us the colateral? I would chuckle with the entire nation if you burned to death tomorrow=)
This video, as all the other ones related to this economic crisis, should have tens of millions of views. Instead everyone is interested in RAP music and gossip trash talks... Go figure!
This guy is working his life off trying desperately to save the economy from the failure of the corporations that the congress itself spoiled over the year. And now he is the bad guy. You gotta love the reaction of the bandwagon jumpers too.
Sanders is an idiot and completely uncivilized in his questioning. Ron Paul keeps proper decorum and grace when he politely questions Bernanke while making greater points.
@Jbrouhaha Bernanke spent Billions of dollars that neither the Federal Reserve of your Government has I think he has a right to be irritated, wouldn't you do the same if you were question someone like the President.
PRESIDENT ANDREW JACKSON RAN THOSE DIRT BANKERS OUT OF HERE AND SOME HOW THEY MADE IT BACK ! HOW MUCH WAS LEND TO INTERNATIONAL BANKERS ? ANDREW JACKSON RUN THEM OUT OF HERE ! THIEVES! ROBBERS , BANKERS ! LIE , LIE AND LIE ! DONT KNOW WHERE THE MONEY WENT ? TAR AND FEATHER THEM! ROBBERS AND THIEVES !
GOLDMAN AND SACHS , HOW MUCH MONEY DID THEY GET ? THERE INVOLVED INTO ALOT FRAUD ! WHERES THE MONEY FEDERAL RESERVE GAVE THEM ? IF WE DONT KNOW THEN HOW DO WE OWE? YOUR GOING TO BELIEVE THESE BANKERS ? HELL NO ! IF THERES NO ACCOUNTABILITY THEN HOW DO WE EVEN KNOW WHO GOT WHAT ? WE DONT KNOW , WE DONT OWE ! THE BANKS WHO GOT THE MONEY OWE THE FEDERAL RESERVE AND NOT THE PEOPLE , SO GO GET YOUR MONEY FROM THEM . WHAT A RACKET ! ANDREW JACKSON SAY ABOUT THIS? HE WOULD SAY, I TOLD YOU SO !
WHY THE POOR IS POOR AND THE RICH ARE GETTING RICHER ON THE BACKS OF AMERICANS ! THEY HAVE ROBED AND STOLEN! 9 TRILLION DOLLARS AND KNOW ONE KNOWS EXACTLY WHAT HAS HAPPENED TO IT ! WHAT FRAUD ! WHAT A RACKET ! FEDERAL RESERVE HAS BEEN ROBBED DIAL 911 THE MONEY IS BEING STOLEN BY SHISTERS ! CON MAN! SECRET SOCIETIES ! THE MONEY CHANGERS ! ROB AND STEAL BANKERS ! WHERES THE MONEY? THE BANKERS WILL NOT TELL YOY BECUASE THEY STICK IT IN THERE POCKETS ! THERE MANSIONS MUST BE FULL OF MONEY , GOLD!
THEY GAVE IT TO THERE SELFS ! THE BANKERS GOT THE MONEY ! THEY HAVE THE TRILLIONS ! THEY HAVE THE MONEY ! WERE IS THE MONEY? WHAT DID YOU DO WITH IT ? HOW IN THE HELL DO THE TAX PAYERS OWE MONEY THEY NEVER EVEN GOT ? WHAT A RACKET ! THE BANKERS ARE GETTING THE MONEY , INTERNATIONAL BANKERS ARE GETTING THE TRILLIONS AND THEY LEAVE THE DEBT ON TO THE AMERICAN PEOPLE ! WHAT RACKET ! YOOU BORROW MONEY FROM THE FEDERAL RESERVE YOU OWE THE MONEY ! DONT MAKE THE AMERCIAN PEOPLE OWE IT! SCAM!
Why wouldn't they tell them which banks they gave the money to? Are they afraid that they would find that there were conflicts of interest? Or maybe that the money wasn't actually differentiated to 100 banks, but to maybe just a few banks?
And Bernanke went back to the reserve board and just like every De Niro mob movie said "guys we're bringing on to much heat. Whatever we do just keep it quiet!! We can't fuck this up. What, you dont want to be able do whatever we want and pass the expense to the taxpayer? Of course not so we need to keep a low profile and keep our mouth shut. Now lets plant some coke on a celebrity or do something that will get the sheep to look the other way".
The money was used to set up the Blackstone Group, the US governments private militia used to do the shit that the good guys in the pentagon refused to do..........these are the facts!!!!
@prjerry7 first off, the over-collateralizing of the loans sounds questioable, ie: who has 2.1 trillion in collateral? secondly, to say they have never lost a penny doing it must mean they, a:do it all the time. b:could be lying. c:may be giving it back to themselves. or d:any or all combinations of the aforementioned. intelligent enough for ya?
@moshcustom no its not intelligent enough for me. Your last assumption about the possible meaning of ''weve never lost a penny'' is missing the crucial possibility which is the truth. That is the fact that they got back the money they loaned and more due to interest charge.
@prjerry7 then that would assume that the people who received these preferential loans always, 100% of the time, acted responsibly and paid their loans on time with no defaults. besides being astronomical odds that these banks, in need of bailouts, are responsible with their funds, why would they need the bailout in the first place if they could manage the money properly to pay back their loans, dutifully? and the fact that the fed is charging interest on money that they can just print is insane
@moshcustom i dont complain about the fed making wealth out of thin air, the fed works for the public, their cash goes to national security, among other things.
If one doesnt pay their loan on time it doesnt mean the receiver wont get the cash. ex; if u owe me $100 & pay me 10 monthly but miss the third month, i can still function well if i have reserve [feds] & at the end youll still pay me back what you owe me.
The banks got screwed because of 2 many defaults at once, feds stabilized things
@prjerry7 i've listened to the argument that the fed gives it's profits to the government to pay for those programs, like you just said, but when i look at the dollar amount of the reported profits, those numbers just don't make sense, no way do they only make what they report. also, the "too many defaults at once" is the fault of lending beyond capacity and easing credit qualifications. you and i both know that fractional reserve banking means they lend money that they don't actually have.
@moshcustom Fractional banking is a dangerous game but it expands national wealth & thats an unquestionable fact, it places more wealth ''out of air'' into the market, its also an incentive for circulation.
Yes its a dangerous game but government can stabilize dangerous situations. As you stated & i agree, easing credit qualifications is irresponsible and criminal.
@prjerry7 not to come off as overly argumentative, cuz i can tell you see my point. but to further it, i have to comment on your remark, "it expands national wealth...". It doesn't, in reality. when you create money in the form of interest bearing loans (fractional reserve), the money is essentially created out of debt. therefore, it may expand the money supply, it certainly does not add wealth. the existing money is devalued, exponentially, when more is added, because it draws value from...cont
@prjerry7 the money that is already in circulation. the money has no actual value, other than being backed by the us government. in years past, that was enough. but with tarp, stimulus and other huge debt induced money supply increases, there isn't much faith in the us dollar these days. and that's where our problems arise from. if we had a commodity backing our currency, it would have more stability. less expansive growth, yes. but stability is better than bubbles.
@moshcustom The menoney does have asset value, i can buy pretty much anything with my USD.
Also, you seem to dislike stimulus, its part of keynasian policies which have existed for decades.
Yes, printing more money does devalue our $, thats inflation, which, btw, has been much higher, in the 70's it was at the 2 digit rate, MUCH higher then today.
The world still has faith in the $, much more so then in the 70's.
Stability doesnt exist, panics spark crisis which gov. does a good job at limiting.
@prjerry7 well there ya go. you follow keynes. so you believe this country can spend itself into prosperity. check out austrian economics. the austrian economists predicted every bubble and the resulting consequences. ben bernanke is a sock puppet for the men behind the curtain who pull the strings and make the colleges teach the idiotic musings of the elitist, john keynes, which tells you that everything government spends will stimulate the economy. doesn't seem to be working too well, does it?
@moshcustom keynasian policies don't always work and havent always worked but thev also worked for many times.
Keynasian policies simply put confidence back in the consumer & keeps titan businesses working [without that unemployment would be well over 15%], without keynasian policies USA would not have an auto-industry.
A stable currency rewards savers thus not much incentive for circulation or expansion, Eurozone's economy, which is filth when compared to US economy, is a testament to this.
Europes 5 biggest economies governments currently have a much higher debt to gdp ratio then us gov. [and as i said we arent too dependent on government spending, like europe with its universal healthcare sustaining its hospitals open].
USA economy is better suited democratically then EU, where Germans are suffering for greek decisions even though they have no vote for greek leaders.
@prjerry7 Doesn't talking about more or less advanced assume a rather weird premisse: that there is an endpoint to how far an economy can advance? It seems a rather normative conclusion to me.
@TheRacistsMustDie There seems to be a limit to economies. Japans population is going backwards, imigration has sustained their gdp per capita stable because their economy hasnt grown in a decade.
German & US economies are growing a little but immigration is always a factor here.
When economies mature, growth ceases or is very small.
@prjerry7 I must say that I doubt that. Japan still has to cope with the effects of the 1991 bubble so I think that it would be too rash to say that it has reached a glass ceiling because of its complexity (a the term I prefer to "advancedness"). I am opinionated that the slowing of growth of complex economies is better explained by the end of a Kondratiev wave & because it is stopping to be the core of the global economy.
@TheRacistsMustDie All nations will eventually developed, US, Japan & all of EU nations can't be the core of the global economy, all simply play their part.
Name me 1 mature economy, with a stagnate population growth, that is growing.
Booms have a limit, as does human production. We can't all own Bugattis.
@prjerry7 I assume you mean industrial by mature. But do you mean simply growing, or experiencing a lot of growth (& when is 'a lot')? E.g. Germany, which you mentioned earlier, experienced growth - albeit not spectacular growth - while the total population shrunk; but I don't think you mean that.
Also by development you don't mean industrialize I may assume? If so I would be inclined to agree, but replace nations by states (slightly different) & will by could.
@prjerry7 Ok. But concerning the second question: Do you or do you not mean industrialization by development? (b.t.w. by core I meant the place where most industrial activity happens. I don't mean a place where the only important economic activity in the world happens. I thought that might have been unclear)
@notdonebefore OH MY! HOW could you dare say such a thing??? WHAT has he done to YOU?? DO YOU KNOW HOW AWFUL IT IS TO ACCUSE THE FED CHAIRMAN OF TREASON??? Well, at least you didn't say he might get treated bad if he comes to your state... ;))
@notdonebefore i know...he should have hard hard labor work for the rest of his life with about an hour of sleep each 24 hours period. and so does everyone from the federal researve and half of our government. i am so pissed, we need to get this shit audited. They all need to be handled with by the people...
Bank names aren't made public 'cause we don't want bank runs or we don't want these already weak banks to suffer from credential loss from accepting these loans (Great Depression anyone?). You want to risk 2.2 trillion dollars bailing these banks out to prevent a crisis yet you want to expose them to the public? Counterproductive. Stop lending money out all together.
The tea party is the hub of sheep that propagate foreign occupation on false narratives of wars that keep the profiteers of wars and alive screwing the tax payer with a 2 trillion dollar defense budget annually .The strategic group of global bankers corporations and oil companies don't care about you or the economy,they WIN, and it shows with Obama.As the housing scam AND TARP,all planned RON the Dr Paul !!
Classic example of how con men/sociopaths manipulate people:
You can tell Bernake is lying when he responds in overly intellectual economic vocabulary terms that he knows the average congress men wouldn’t know anything about. Gives the illusion that he knows exactly what he is talking about
The chairman of the central bank says: ''we have never lost money on doing that'' (short term liquid loans, in this case 2,2 trillion dollars to 100 banks abroad whose names are not made public).
The senate says: it is unacceptable that the central bank puts tax payers money at risk in secret as standard procedure. the senate has to vote for a 700 billion dollar bailout package while the central bank loans 2,2 trillion to bail out banks abroad.
@lupon18 I think Bernanke is a liar but you can't honestly believe the 'average' congressman does not understand said terms. Im 20 years of age and I understood what he said, a congressman represents, in most cases, hundreds of thousands of people. If they do not have an understanding of basic economic syntax they should not be there.
ITs already too late. Our government borrowed an illusion from a criminally negligent super power (the fed) and used the sons and daughters of this nation as collateral. First in the 30's they recalled the gold,. and made it a crime to own it. And then, they put up the land, and birth certificates as collateral. There isn't a stitch of anything left in this country, that isn't owned by the fed, including its once sovereign people. We tried to escape, our independence, has been stolen.
The recession that started in 2007 is nothing compared with what's coming next, probably within the next decade. Combine a worse recession/depression with severe civil unrest and you've got yourself quite a situation. It should be interesting to watch unfold :D
OOOoooohhhh,,,, it was just a "...collateralized, short-term, liquid loan..." I was starting to get a little WORRIED there!!!!! Maybe now, TWO, BLOODY, YEARS LATER, we can look for some of the relief promised by the plan, right? .....................R I G H T ? (insert sarcasm smiley here)
REVOLUTION 2012!!!!!!!!!!!! we need to get our rights back. remember it is not the people who should fear the govt. it is the govt. who should fear the people.
So why does this guy care? He is a freaking Communist and one of their most important tools to destroy the middle class is a central bank. "The surest way to destroy the middle class is to grind them to death between the millstones of taxation and inflation" Karl Marx. That is done through a central bank, so what is his beef?
@Fedproman are you an idiot? communism's goal isn't the destruction of middle class...i suggest u read more of marx's works not just the line that suits your purpose...
@skylark4k I am not interested in what you think or suggest. Neither will I get into adolescent name calling. Everyone is going to believe what they want to anyway.
@Fedproman wit that kind of attitude it's no wonder the US is in the current situation...and as for my question you've confirmed that you are not only an idiot but also very ignorant and arrogant for someone your age
@Nadav34} i totally agree with u bud!! Get ready america a secret quiet war is raging against us and by the time some of us wake up wich will be in the FEMA camps, it will be to late to fight this!! Were systemactly loosing our rights and soon homes and food!!!
Bernanke is part of the master plan.. and new world order to allow his FEDERAL RESERVE to enslave all of us. He is a DANGER to this country and the world.. HE IS RESPONSIBLE for all the mess of the USA and world.
I would vote for Bernie Sanders in a heartbeat. Could get people to join me too. He just makes lots of common sense. Something the American don't hear from our politicians these days.
Best part: press 6 or click on 1:42 to repeat Sanders saying "do you have to be a large, greedy, reckless financial institution to apply for these monies?" Hahahahaha hahahahahahahahahah!. Its priceless.
Another secrecy Keneddy wanted to abolish..... the FED who is the only beneficiary Bernanke you are doing a great job for a Reserve that is not working for the American people... United Slaves of America pray for a Free World Order FWO !
TheBIG question that has tobe asked is"WHAT IS MONEY'and the Majority of people really don’t know!One of the easiest,and best videos ever made about“WHAT IS MONEY”can be found,
America; the biggest fraud, ponzi scam, swindle, in the history of mankind,is being perpetrated against an intelligent people. Either our politicians are ignorant of this fraud, or they are a part of this fraud?This is a Major down fall of America
At 1:22, did he just say, "NO", to telling us through one of our senators, about WHO the money went to?
Yes.
Public loans do NOT have any privacy issues. It's just the opposite. It's an absolute PUBLIC issue. (sic)
You know the revolution isn't far, and in or out of office, hiding away in a gated community, is not going to save any of them from the wrath of the American people and the masses of the free western world we, and our hard working fathers and our fathers, fathers built.
"Well, first of all the Federal Reserve is an independent agency, and that means basically that there is no other agency of government which can overrule actions that we take" - Alan Greenspan
Do any of my intelligent fellow Americans really believe that it isn't time for a fucking REVOLUTION in this country? Do you really think that things STILL are acceptable in respect to what these politicians are doing in our government?
@USStateSponTerrorism i am with you bro! its gonna take way more than slick talk and men dressed in suits to change things around here....the United States is going downhill and fast!
Have you every really wondered WHY there have been so many REVOLUTIONS around the world throughout history, ie. why men would risk their freedom and even their lives for political change??? BECAUSE SOMETIMES MEN HAVE TO FACE POLITICAL, SOCIAL AND ECONOMIC REALITY, U only live once. If your gov is totally corrupt as ours is now, n elections t rigged, our candidates r NOT candidates that the PEOPLE chose, n politicians r bought n paid for by huge corporations, there is no choice but revolution!
So you know WHAT theyre dloing and WHY then wehy do the American people and thsoe of other mature freedom lving countires let these people do this.... you cant get change unless you
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” Thomas Jefferson
black flag opps ! it took a lot of money ! it took military incendiary and high explosives again only military without a paper trail it's like when your wife catches you fucking in her bed and you say {who you gonna believe ? ME ! or your lying eyes } look at what happened KA-BOOM so who did it? GLOBAL CENTRAL FRACTIONAL RESERVE BANK CARTEL ! THE NEW WORLD ORDER ! HAS TO BE OUTLAWED AND PUNISHABLE BY DEATH THEY PLAY BOTH SIDES IN WAR AND POLITICS
September eleventh ! it took a lot of money ! it took military incendiary and high explosives again only military without a paper trail it's like when your wife catches you fucking in her bed and you say {who you gonna believe ? ME ! or your lying eyes } look at what happened KA-BOOM done by ? GLOBAL CENTRAL FRACTIONAL RESERVE BANK CARTEL ! THE NEW WORLD ORDER ! HAS TO BE OUTLAWED AND PUNISHABLE BY DEATH THEY PLAY BOTH SIDES IN WAR AND POLITICS
I have created piggybankblog com for all those who have been abused by Bank of Abusing America's potentially irregular, fraudulent and simply abusive loan modification process.
End the central Bank! They hijacked the Nation years ago. Andrew Jackson abolished the central bank.. There were two attempts to assassinate Jackson. We have to get rid of this one and prevent another one from forming. Kennedy tried to create a debt free currency with Executive order 11110. He was later assassinated..
Proposed 28th Amendment to the United States Constitution:
"Congress shall make no law that applies to the citizens of the United States that does not apply equally to each of the U.S. Senators and Representatives; and, Congress shall make no law that applies to the personal benefit of Senators and/or Representatives that does not apply equally to each of the citizens of the United States. "
You think? look at the only public fed bailout at AIG and all the mess that created. the fed telling AIG not to disclose to the SEC in a filing the name of the counterparties nor the amount of the money that was funneled through AIG to big banks. this was public because AIG wasnt on the feds jurisdiction, but with depository institutions they can do the same they did with AIG but in secret.
I don't understand what you are trying to get at. asierra1492. The reason the banks did not disclose their information that they accepted federal bailout money is that it would undermine the whole operation and cause a massive public backlash.
There is no complexity to the question "where did the money go?" And I can't believe people like you don't care where the U.S. peoples hard earned money went.
Nobody should stick up for the crooks of the world such as Bernanke, the Rothschilds, and so on!
If you are asking where the TARP funds went, the majority of it has been returned and interest also received. In fact, most of Obama's job initiatives will be paid by the interest received from TARP.
Every time Sanders gets in front of a camera, he tries to act like he's mad and outraged. But he asks questions that can be answered simply by going to the Fed's website.
Questions like, "Do you have to be a big, greedy bank to get TARP" could be answered by simply viewing the site.
@LocoYoFla The money that went to AIG that was funneled to large financial institutions in a back door bailout will NEVER be repaid. Over $180 billion to AIG with $50 billion of that going to large banks (100 cents on the dollar on CDRs). For that $50 billion handout, which will NEVER be repaid, the taxpayers get to watch them continue to pay themselves lavishly while they fail to extend needed credit to small businesses which would help ordinary people either keep their jobs or go back to work.
@Nuni0103 I read a ten month old comment of yours (Senator Sanders asks Bernanke WHERE IS THE MONEY), which I found interesting. I agree with you one hundred per cent.
u seem to not understand that these loans are being guaranteed by the US government.. the bailout was a drop in the bucket.. the total cost to taxpayers is in the trillions..that is why the investment banks are still doing the same high risk activities they did before the crash they know the government said they will back all their loses
As banks SHOULD be doing, I would like to know who I'm lending to, and do appropriate research to determine if I'll see my money again.
If you were in rough times, and someone came to you and asked for money, but you were reluctant -- but then they promised to pay you back, wouldn't you like to know the person or persons were able to pay you back and that the promise wasn't empty?
There are no ignorant people here my friend. This boils down to lending wrecklessly which caused the problem.
Sanders is asking a good question. Our economy is cratering on the basis of having severe amount of loan defaults. Car companies received money -- and still went into bankruptcy. Quite a few large banks are still in trouble, and many small banks got wiped out.
So, seeing as we, the taxpayer, are on the hook for this money, WE are essentially the ones who loaned this money out -almost $10k per person, whether you are 1 or 100 yrs old - for this $2.2 trillion.
@golden79 the 2.2 trillion dollars are not tax payer dollars - tax dollars were for the bailout (fiscal policy not monetary policy). The federal reserve through loaning, created 2.2 trillion dollars.
... Everyone here is so completely ignorant of economic theory, it is mind-boggling. The Fed doesn't "give away" the money! Start by looking up what "loan" is, then "collateral", then take an introduction to macroeconomics class, and then you can possibly begin to join the debate on international economic policy. Actually, wait until you've taken a course in monetary policy, first.
.... Sheesh. Mother Mary, pray for me. I'm surrounded by crazies.
there is no problem in spending money if the interest is paying it back and creating a value for the furture, simply if a normal person is asking for money with the kind of status of most of the bancs in the US then the reserve should have asked about 20% interest for it because they are simply not triple A rating, or tier 1 so. This means you are as banc not credible for your demand. The senator is not totally asking the right question, he should have asked about the credibility of the bancs.
...........The Fed is stonewalling because they are creating long term inflation. Run up the pool of money world wide, and when that money comes back into the U.S. it causes hyper inflation, and the economies bottom will drop out, and they will bring in a world wide standard currency.
man that senator is an idiot, did he actually go on the federal reserve website everything is there, a much harder question would be mr senator where do you get your campaign donations from
OMG I feel like I know more about the federal reserve and the money system than this high falooten senator from Vermont. HaHa. I listened to George Berry's "Truth In Money Series" on Genesis Communications Network! and now know more than most Americans about it!
its pretty sad taht now congress is just asking questions of the FED...why suddenly ? THey hav been happy with this arrangement for 100 yrs ..now suddenly ...Is it because the word is out amongst the general public ! Well done guys !
Congress has always asked questions on the fed, or central banks in general...Andrew Jackson actually abolished the central bank system while he was in office.... as far as people questioning the Federal Reserve Bank look up Rep. Mcfadden...
I think you are confusing the Fed's standard lending practices with the TARP funds, which were done with Congressional tax dollars and administered by the Treasury. Two different things. TARP indeed was a bailout, with a lot of risk and moral hazard, and is deserving of criticism. But the Fed always lends to depository institutions in time of crisis. Its why the Fed was created.
@hoodoo961 How was that financed? With debt, of course. How was that accomplished? Fed types in 78 followed by a bunch of zero's and then sends it to the treasury in exchange for some debt instrument called a treasury note.
They were "collateralized" with what? What we got was toxic assets purchased at 100cents on the dollar by the FED from their friends at the major banking institutions.
Ouch. You do realize that the Fed owns only a small portion of the national debt, right? They do not buy enough Treasuries to constitute "monetizing the debt," and the T securities they own they buy in the open market, (hence FOMC), like any other customer. And I don't think you or I really now what collateral the banks gave the Fed. Again, this is different from TARP.
And upon WHAT collateral is this based upon? @ 1:57
munsterr777 1 day ago
JEWISH SCUM BASTARD HOPE YOU DIE BENRNAKIE HOPE YOU DIE SON OF BITCH YOUR NOTHING BUT MAGGOT YOU LIER
OUWATZAHLE08 2 days ago
ANYONE VOTING FOR OBAMA WILL ALLOW THIS TO CONTINUE.
Gtrplyr1 1 week ago 8
@Gtrplyr1 Obama, Romney, Santorum, or Gingrich.
cabbagesftw 4 days ago
@cabbagesftw true
Gtrplyr1 4 days ago
OF WITH THEIR HEADS!
Hazzie54321 1 week ago
This has been flagged as spam show
3% of your Representatives in Congress honors their Oath of Office to "...support and defend the United States..." 100% of the time in the 112th Congress:S Myrick NC, Ron Paul TX, P Roe TN, B Posey FL, C Mack FL, T McClintock CA, R Labrador ID, T Huelskamp KS, T Johnson IL, W Jones NC, A Harris MD, T Graves GA, John Duncan, JR TN, Jeffery Duncan SC, J Campbell CA, J Chaffetz UT, J Amash MI, Rand Paul KY (The Freedom Index 8-8-11 sans those who voted for ndaa) Restore America RON PAUL 2012
possumpistol 1 week ago
This has been flagged as spam show
"The bottom line is it that central banking is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
stormydrain 1 week ago
This has been flagged as spam show
"The bottom line is it that central banking is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
stormydrain 1 week ago
This has been flagged as spam show
"The bottom line is it that central banking is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
stormydrain 1 week ago
This has been flagged as spam show
"The bottom line is it that central banking is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
stormydrain 1 week ago
"The bottom line is it that central banking is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
stormydrain 1 week ago 3
The figure is now $7.7 Trillion. But the extremists are the one's who question corruption.
SvenBenson 2 weeks ago 2
lol... Benanke NO!
yurdamasta 3 weeks ago
yep.. fooled you all again.. research about this senator..: google Bernie_Sanders and see his history and how he spent time in izraili spy school- kabutz..
12imams 3 weeks ago
@12imams a kibbutz is a farming commune, you are of course aware that not only is Bernie a Socialist but he's also an Anti-Zionist
irishgodfatherchris 2 weeks ago
This has been flagged as spam show
.
"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class."
Rothschild Brothers of London, 1863
silentsnowdog 3 weeks ago
This has been flagged as spam show
"The real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities states and nation. At the head is a small group of banking houses generally referred to as 'international bankers.'
John F. Hylan 1868-1936 (Mayor of new york city)
silentsnowdog 4 weeks ago
This has been flagged as spam show
This little coterie... run our government for their own selfish ends. It operates under cover of a self-created screen...[and] seizes...our executive officers... legislative bodies... schools... courts... newspapers and every agency created for the public protection.
John F. Hylan 1868-1936 (Mayor of new york city)
silentsnowdog 4 weeks ago
Why are there people clamoring for Ron Paul on this video? Sanders is a Democratic Socialist, the exact opposite of Ron Paul.
detox8388 1 month ago
@detox8388 Do some research into the privately owned "federal reserve" and you will understand, this issue should unite all american people because your being robbed big time
silentsnowdog 3 weeks ago
@detox8388 Well Ron Paul has been telling us in the beginning about central banking issues, etc. Yes, Ron is a REP (Libertarian at heart) and Sanders is DEM but parties is just a name as some of them think alike and stand together on issues.
k2chris1983 4 days ago
sounds + looks like larry david!
RadarSol 1 month ago
This has been flagged as spam show
Article I Section 8 (Paragraph 5) "...To coin Money, regulate the Value thereof, and of coreign Coin, and fix the Standard of Weights an Measures; ..." Key word here COIN
Restore America RON PAUL 2012
possumpistol 1 month ago
This isn't the home of the brave when the government is too cowardly to tell us the truth.
Charlie12241 1 month ago 2
Thank you Congressman Sanders. Please continue the good fight against the criminal$.
GentlemenPreferHanes 1 month ago 14
A lot of it went to Goldman Sachs!
KearaJay 1 month ago 4
''According to the law we are SUPPOSE TO?'' so you have now publicly stated you are breaking the law! You have threatened economic crisis if Ron Paul attempts to do his job and fufill his wishes to us republicans in the previous video I watched. You also lied in the video by saying ''we have never lost a penny''.....we are in debt MORON! WTF did you do with my tax money and why can't you atleast tell us the colateral? I would chuckle with the entire nation if you burned to death tomorrow=)
BeatSkeetRetreat 1 month ago
This has been flagged as spam show
This video, as all the other ones related to this economic crisis, should have tens of millions of views. Instead everyone is interested in RAP music and gossip trash talks... Go figure!
Xoukou 1 month ago
This guy is working his life off trying desperately to save the economy from the failure of the corporations that the congress itself spoiled over the year. And now he is the bad guy. You gotta love the reaction of the bandwagon jumpers too.
LOL
spirituelconnexion 1 month ago
@spirituelconnexion Yeah, because he had nothing to do with the illegal bank bailouts... WAIT, HE FUCKING ORCHESTRATED IT
kufungster 1 month ago
WHERE'S THE FUCKING MONEY LEBOWSKI???
Sambuca6178 2 months ago 3
Sanders is an idiot and completely uncivilized in his questioning. Ron Paul keeps proper decorum and grace when he politely questions Bernanke while making greater points.
Jbrouhaha 2 months ago
@Jbrouhaha Bernanke spent Billions of dollars that neither the Federal Reserve of your Government has I think he has a right to be irritated, wouldn't you do the same if you were question someone like the President.
irishgodfatherchris 2 months ago
@irishgodfatherchris I would rather not make a douche out of myself.
Jbrouhaha 2 months ago
They actually stole over 300 trillion in derivatives
yurdamasta 2 months ago
PRESIDENT ANDREW JACKSON RAN THOSE DIRT BANKERS OUT OF HERE AND SOME HOW THEY MADE IT BACK ! HOW MUCH WAS LEND TO INTERNATIONAL BANKERS ? ANDREW JACKSON RUN THEM OUT OF HERE ! THIEVES! ROBBERS , BANKERS ! LIE , LIE AND LIE ! DONT KNOW WHERE THE MONEY WENT ? TAR AND FEATHER THEM! ROBBERS AND THIEVES !
GalaticSpaceHero 2 months ago
GOLDMAN AND SACHS , HOW MUCH MONEY DID THEY GET ? THERE INVOLVED INTO ALOT FRAUD ! WHERES THE MONEY FEDERAL RESERVE GAVE THEM ? IF WE DONT KNOW THEN HOW DO WE OWE? YOUR GOING TO BELIEVE THESE BANKERS ? HELL NO ! IF THERES NO ACCOUNTABILITY THEN HOW DO WE EVEN KNOW WHO GOT WHAT ? WE DONT KNOW , WE DONT OWE ! THE BANKS WHO GOT THE MONEY OWE THE FEDERAL RESERVE AND NOT THE PEOPLE , SO GO GET YOUR MONEY FROM THEM . WHAT A RACKET ! ANDREW JACKSON SAY ABOUT THIS? HE WOULD SAY, I TOLD YOU SO !
GalaticSpaceHero 2 months ago
WHAT DID GRANDPA SAY ABOUT BANKERS ? NEVER TRUST ONE !
GalaticSpaceHero 2 months ago
WHY THE POOR IS POOR AND THE RICH ARE GETTING RICHER ON THE BACKS OF AMERICANS ! THEY HAVE ROBED AND STOLEN! 9 TRILLION DOLLARS AND KNOW ONE KNOWS EXACTLY WHAT HAS HAPPENED TO IT ! WHAT FRAUD ! WHAT A RACKET ! FEDERAL RESERVE HAS BEEN ROBBED DIAL 911 THE MONEY IS BEING STOLEN BY SHISTERS ! CON MAN! SECRET SOCIETIES ! THE MONEY CHANGERS ! ROB AND STEAL BANKERS ! WHERES THE MONEY? THE BANKERS WILL NOT TELL YOY BECUASE THEY STICK IT IN THERE POCKETS ! THERE MANSIONS MUST BE FULL OF MONEY , GOLD!
GalaticSpaceHero 2 months ago
THEY GAVE IT TO THERE SELFS ! THE BANKERS GOT THE MONEY ! THEY HAVE THE TRILLIONS ! THEY HAVE THE MONEY ! WERE IS THE MONEY? WHAT DID YOU DO WITH IT ? HOW IN THE HELL DO THE TAX PAYERS OWE MONEY THEY NEVER EVEN GOT ? WHAT A RACKET ! THE BANKERS ARE GETTING THE MONEY , INTERNATIONAL BANKERS ARE GETTING THE TRILLIONS AND THEY LEAVE THE DEBT ON TO THE AMERICAN PEOPLE ! WHAT RACKET ! YOOU BORROW MONEY FROM THE FEDERAL RESERVE YOU OWE THE MONEY ! DONT MAKE THE AMERCIAN PEOPLE OWE IT! SCAM!
GalaticSpaceHero 2 months ago
Why wouldn't they tell them which banks they gave the money to? Are they afraid that they would find that there were conflicts of interest? Or maybe that the money wasn't actually differentiated to 100 banks, but to maybe just a few banks?
lasoogneypubes 2 months ago
Quote " do you have to be a large , greedy reckless financial institution "?
mrstudes 2 months ago
And Bernanke went back to the reserve board and just like every De Niro mob movie said "guys we're bringing on to much heat. Whatever we do just keep it quiet!! We can't fuck this up. What, you dont want to be able do whatever we want and pass the expense to the taxpayer? Of course not so we need to keep a low profile and keep our mouth shut. Now lets plant some coke on a celebrity or do something that will get the sheep to look the other way".
azflyer08 2 months ago
@azflyer08 pretty much correct .
mrstudes 2 months ago
The money was used to set up the Blackstone Group, the US governments private militia used to do the shit that the good guys in the pentagon refused to do..........these are the facts!!!!
audioaxe 2 months ago
can you tell us who they are ? NO!
WOWSA!
yurdamasta 2 months ago
1:50 bernake owns him but 99% of people are not intelligent enough to understand what he said.
prjerry7 2 months ago
@prjerry7 first off, the over-collateralizing of the loans sounds questioable, ie: who has 2.1 trillion in collateral? secondly, to say they have never lost a penny doing it must mean they, a:do it all the time. b:could be lying. c:may be giving it back to themselves. or d:any or all combinations of the aforementioned. intelligent enough for ya?
moshcustom 2 months ago
@moshcustom no its not intelligent enough for me. Your last assumption about the possible meaning of ''weve never lost a penny'' is missing the crucial possibility which is the truth. That is the fact that they got back the money they loaned and more due to interest charge.
prjerry7 2 months ago
@prjerry7 then that would assume that the people who received these preferential loans always, 100% of the time, acted responsibly and paid their loans on time with no defaults. besides being astronomical odds that these banks, in need of bailouts, are responsible with their funds, why would they need the bailout in the first place if they could manage the money properly to pay back their loans, dutifully? and the fact that the fed is charging interest on money that they can just print is insane
moshcustom 2 months ago
@moshcustom i dont complain about the fed making wealth out of thin air, the fed works for the public, their cash goes to national security, among other things.
If one doesnt pay their loan on time it doesnt mean the receiver wont get the cash. ex; if u owe me $100 & pay me 10 monthly but miss the third month, i can still function well if i have reserve [feds] & at the end youll still pay me back what you owe me.
The banks got screwed because of 2 many defaults at once, feds stabilized things
prjerry7 2 months ago
@prjerry7 i've listened to the argument that the fed gives it's profits to the government to pay for those programs, like you just said, but when i look at the dollar amount of the reported profits, those numbers just don't make sense, no way do they only make what they report. also, the "too many defaults at once" is the fault of lending beyond capacity and easing credit qualifications. you and i both know that fractional reserve banking means they lend money that they don't actually have.
moshcustom 2 months ago
@moshcustom Fractional banking is a dangerous game but it expands national wealth & thats an unquestionable fact, it places more wealth ''out of air'' into the market, its also an incentive for circulation.
Yes its a dangerous game but government can stabilize dangerous situations. As you stated & i agree, easing credit qualifications is irresponsible and criminal.
prjerry7 2 months ago
@prjerry7 not to come off as overly argumentative, cuz i can tell you see my point. but to further it, i have to comment on your remark, "it expands national wealth...". It doesn't, in reality. when you create money in the form of interest bearing loans (fractional reserve), the money is essentially created out of debt. therefore, it may expand the money supply, it certainly does not add wealth. the existing money is devalued, exponentially, when more is added, because it draws value from...cont
moshcustom 2 months ago
@prjerry7 the money that is already in circulation. the money has no actual value, other than being backed by the us government. in years past, that was enough. but with tarp, stimulus and other huge debt induced money supply increases, there isn't much faith in the us dollar these days. and that's where our problems arise from. if we had a commodity backing our currency, it would have more stability. less expansive growth, yes. but stability is better than bubbles.
moshcustom 2 months ago
@moshcustom The menoney does have asset value, i can buy pretty much anything with my USD.
Also, you seem to dislike stimulus, its part of keynasian policies which have existed for decades.
Yes, printing more money does devalue our $, thats inflation, which, btw, has been much higher, in the 70's it was at the 2 digit rate, MUCH higher then today.
The world still has faith in the $, much more so then in the 70's.
Stability doesnt exist, panics spark crisis which gov. does a good job at limiting.
prjerry7 2 months ago
@prjerry7 well there ya go. you follow keynes. so you believe this country can spend itself into prosperity. check out austrian economics. the austrian economists predicted every bubble and the resulting consequences. ben bernanke is a sock puppet for the men behind the curtain who pull the strings and make the colleges teach the idiotic musings of the elitist, john keynes, which tells you that everything government spends will stimulate the economy. doesn't seem to be working too well, does it?
moshcustom 2 months ago
@moshcustom keynasian policies don't always work and havent always worked but thev also worked for many times.
Keynasian policies simply put confidence back in the consumer & keeps titan businesses working [without that unemployment would be well over 15%], without keynasian policies USA would not have an auto-industry.
A stable currency rewards savers thus not much incentive for circulation or expansion, Eurozone's economy, which is filth when compared to US economy, is a testament to this.
prjerry7 2 months ago
@prjerry7 Could you explain what you mean by filth?
TheRacistsMustDie 2 months ago
@TheRacistsMustDie filth=dont compare.
eurozone economy is too tied up on government.
Europes 5 biggest economies governments currently have a much higher debt to gdp ratio then us gov. [and as i said we arent too dependent on government spending, like europe with its universal healthcare sustaining its hospitals open].
USA economy is better suited democratically then EU, where Germans are suffering for greek decisions even though they have no vote for greek leaders.
Our economy is more advanced
prjerry7 2 months ago
@prjerry7 Doesn't talking about more or less advanced assume a rather weird premisse: that there is an endpoint to how far an economy can advance? It seems a rather normative conclusion to me.
TheRacistsMustDie 2 months ago
@TheRacistsMustDie There seems to be a limit to economies. Japans population is going backwards, imigration has sustained their gdp per capita stable because their economy hasnt grown in a decade.
German & US economies are growing a little but immigration is always a factor here.
When economies mature, growth ceases or is very small.
prjerry7 2 months ago
@prjerry7 I must say that I doubt that. Japan still has to cope with the effects of the 1991 bubble so I think that it would be too rash to say that it has reached a glass ceiling because of its complexity (a the term I prefer to "advancedness"). I am opinionated that the slowing of growth of complex economies is better explained by the end of a Kondratiev wave & because it is stopping to be the core of the global economy.
TheRacistsMustDie 2 months ago
@TheRacistsMustDie All nations will eventually developed, US, Japan & all of EU nations can't be the core of the global economy, all simply play their part.
Name me 1 mature economy, with a stagnate population growth, that is growing.
Booms have a limit, as does human production. We can't all own Bugattis.
prjerry7 2 months ago
@prjerry7 I assume you mean industrial by mature. But do you mean simply growing, or experiencing a lot of growth (& when is 'a lot')? E.g. Germany, which you mentioned earlier, experienced growth - albeit not spectacular growth - while the total population shrunk; but I don't think you mean that.
Also by development you don't mean industrialize I may assume? If so I would be inclined to agree, but replace nations by states (slightly different) & will by could.
TheRacistsMustDie 2 months ago
@TheRacistsMustDie its all about classification, some categorize allot of growth at 5%.
Germany mostly boomed in the 70's because of the western parts of the nation rebuilding their industry from WW2 grubble.
If you want to find the answers to this google de-industrialization
prjerry7 2 months ago
@prjerry7 Ok. But concerning the second question: Do you or do you not mean industrialization by development? (b.t.w. by core I meant the place where most industrial activity happens. I don't mean a place where the only important economic activity in the world happens. I thought that might have been unclear)
TheRacistsMustDie 2 months ago
No..
tcdigital 3 months ago
Ben Bernanke is a criminal. He should be put up for treason for what's done to America.
notdonebefore 3 months ago 47
@notdonebefore what exactly has he done in your own words.
EndureFocusEngageDie 2 months ago
@notdonebefore OH MY! HOW could you dare say such a thing??? WHAT has he done to YOU?? DO YOU KNOW HOW AWFUL IT IS TO ACCUSE THE FED CHAIRMAN OF TREASON??? Well, at least you didn't say he might get treated bad if he comes to your state... ;))
P.S. I agree with you!!
ThePalinPatriot 1 month ago
@notdonebefore i know...he should have hard hard labor work for the rest of his life with about an hour of sleep each 24 hours period. and so does everyone from the federal researve and half of our government. i am so pissed, we need to get this shit audited. They all need to be handled with by the people...
absoluteanatomy1 1 month ago
@notdonebefore And he's a fucking jew, as well. Who would've guessed.
Fajjani 3 weeks ago
Bank names aren't made public 'cause we don't want bank runs or we don't want these already weak banks to suffer from credential loss from accepting these loans (Great Depression anyone?). You want to risk 2.2 trillion dollars bailing these banks out to prevent a crisis yet you want to expose them to the public? Counterproductive. Stop lending money out all together.
worldlythings 3 months ago
Are Americans really that afraid of the government. Rise and take back what is yours.
chipholden 3 months ago
This has been flagged as spam show
The tea party is the hub of sheep that propagate foreign occupation on false narratives of wars that keep the profiteers of wars and alive screwing the tax payer with a 2 trillion dollar defense budget annually .The strategic group of global bankers corporations and oil companies don't care about you or the economy,they WIN, and it shows with Obama.As the housing scam AND TARP,all planned RON the Dr Paul !!
2020starman 3 months ago
Classic example of how con men/sociopaths manipulate people:
You can tell Bernake is lying when he responds in overly intellectual economic vocabulary terms that he knows the average congress men wouldn’t know anything about. Gives the illusion that he knows exactly what he is talking about
lupon18 3 months ago 2
Comment removed
forugh3 3 months ago
The chairman of the central bank says: ''we have never lost money on doing that'' (short term liquid loans, in this case 2,2 trillion dollars to 100 banks abroad whose names are not made public).
The senate says: it is unacceptable that the central bank puts tax payers money at risk in secret as standard procedure. the senate has to vote for a 700 billion dollar bailout package while the central bank loans 2,2 trillion to bail out banks abroad.
Two authorities, two different laws = illusion.
forugh3 3 months ago
@lupon18 I think Bernanke is a liar but you can't honestly believe the 'average' congressman does not understand said terms. Im 20 years of age and I understood what he said, a congressman represents, in most cases, hundreds of thousands of people. If they do not have an understanding of basic economic syntax they should not be there.
warofthemonsters1 3 months ago
RON PAUL!!!!
Cas91989 3 months ago 45
This just stinks... Let's get ride of the federal reserve ... Can't we just print our own money for god sake...
funkyflights 4 months ago
This has been flagged as spam show
Ron paul can win!! Stop the tyrannical process,RP for freedom !!Pass on the video's
2020starman 4 months ago
when shit hits the fan and everyone riots don't fuck up your city fuck up the fed banks and the gov
razz187 4 months ago
ITs already too late. Our government borrowed an illusion from a criminally negligent super power (the fed) and used the sons and daughters of this nation as collateral. First in the 30's they recalled the gold,. and made it a crime to own it. And then, they put up the land, and birth certificates as collateral. There isn't a stitch of anything left in this country, that isn't owned by the fed, including its once sovereign people. We tried to escape, our independence, has been stolen.
anonplanz 4 months ago
Audit the bloody FED. Wake up and audit these bastards!! Do it now before it is too late.
Magenta408 4 months ago
The recession that started in 2007 is nothing compared with what's coming next, probably within the next decade. Combine a worse recession/depression with severe civil unrest and you've got yourself quite a situation. It should be interesting to watch unfold :D
Vyna80 4 months ago
OOOoooohhhh,,,, it was just a "...collateralized, short-term, liquid loan..." I was starting to get a little WORRIED there!!!!! Maybe now, TWO, BLOODY, YEARS LATER, we can look for some of the relief promised by the plan, right? .....................R I G H T ? (insert sarcasm smiley here)
MeInTheCornfield 4 months ago
REVOLUTION 2012!!!!!!!!!!!! we need to get our rights back. remember it is not the people who should fear the govt. it is the govt. who should fear the people.
ozzy1094 4 months ago 2
This has been flagged as spam show
Real adults ,watch news like this,children watch main stream media
2020starman 4 months ago
So why does this guy care? He is a freaking Communist and one of their most important tools to destroy the middle class is a central bank. "The surest way to destroy the middle class is to grind them to death between the millstones of taxation and inflation" Karl Marx. That is done through a central bank, so what is his beef?
Fedproman 4 months ago
@Fedproman are you an idiot? communism's goal isn't the destruction of middle class...i suggest u read more of marx's works not just the line that suits your purpose...
skylark4k 4 months ago
@skylark4k I am not interested in what you think or suggest. Neither will I get into adolescent name calling. Everyone is going to believe what they want to anyway.
Fedproman 4 months ago
@Fedproman wit that kind of attitude it's no wonder the US is in the current situation...and as for my question you've confirmed that you are not only an idiot but also very ignorant and arrogant for someone your age
skylark4k 4 months ago in playlist skylark4k's Favorited Videos
typical Communist.......he wants a Communist fantasyland with death camps just like his hero the Soviets
gopconservative78 5 months ago
@gopconservative78 typical GOP idiot... Sanders is more "conservative" than the whole (R) party combined.
jieuxarmeni 4 months ago
@Nadav34} i totally agree with u bud!! Get ready america a secret quiet war is raging against us and by the time some of us wake up wich will be in the FEMA camps, it will be to late to fight this!! Were systemactly loosing our rights and soon homes and food!!!
myownruin187 5 months ago
Bernanke is part of the master plan.. and new world order to allow his FEDERAL RESERVE to enslave all of us. He is a DANGER to this country and the world.. HE IS RESPONSIBLE for all the mess of the USA and world.
Nadav34 5 months ago 3
Barneke clearly refused to answer a simple question "who got the money"?
why isn't he in jail for contempt of Congress ?
impkap 6 months ago
I would vote for Bernie Sanders in a heartbeat. Could get people to join me too. He just makes lots of common sense. Something the American don't hear from our politicians these days.
stroiane 6 months ago
Never lost a penny doing it. Uh-huh.
TaiChiArtist 6 months ago
Slim Shady Shalom.
TaiChiArtist 6 months ago
OUR BIG BANKS IN AUSTRALIA GOT SOME OF THAT BAIL OUT MONEY FROM THE AMERICANTtAX PAYERS AND ALSO WE HELPED BAIL THEM OUT TOO!
ilovemymum777 7 months ago
Kucinich and Sanders kicked Bernanke's arse all over the Congressional Floor!
CDLver 7 months ago
Best part: press 6 or click on 1:42 to repeat Sanders saying "do you have to be a large, greedy, reckless financial institution to apply for these monies?" Hahahahaha hahahahahahahahahah!. Its priceless.
LeCommensale 8 months ago 2
Another secrecy Keneddy wanted to abolish..... the FED who is the only beneficiary Bernanke you are doing a great job for a Reserve that is not working for the American people... United Slaves of America pray for a Free World Order FWO !
PalmBeachSOS 8 months ago
This has been flagged as spam show
hey sweet video! you should check this video out /watch?v=9mokamd5k5g
DeangelArsha 8 months ago
make money online! no skill just patience /watch?v=BMPhsRN19Ms
GlendoJesen 9 months ago
This has been flagged as spam show
TheBIG question that has tobe asked is"WHAT IS MONEY'and the Majority of people really don’t know!One of the easiest,and best videos ever made about“WHAT IS MONEY”can be found,
youtube.com/watch?v=EtF_zbI5j7M&feature=channel_video_title
America; the biggest fraud, ponzi scam, swindle, in the history of mankind,is being perpetrated against an intelligent people. Either our politicians are ignorant of this fraud, or they are a part of this fraud?This is a Major down fall of America
Clint45s 9 months ago
Bush;.... ''No weapons of mass destruction over here; they must be somewhere..."
Bernanke... "No $2.2Trillion over here; they must be somewhere...''
Obama...."No freedom of speech; it will be nowhere..."
sswemmer 9 months ago 3
$2.2T went to banks overseas I bet.
Shrunkenhead61 10 months ago
At 1:22, did he just say, "NO", to telling us through one of our senators, about WHO the money went to?
Yes.
Public loans do NOT have any privacy issues. It's just the opposite. It's an absolute PUBLIC issue. (sic)
You know the revolution isn't far, and in or out of office, hiding away in a gated community, is not going to save any of them from the wrath of the American people and the masses of the free western world we, and our hard working fathers and our fathers, fathers built.
Phil1stalk 10 months ago 2
This has been flagged as spam show
"Well, first of all the Federal Reserve is an independent agency, and that means basically that there is no other agency of government which can overrule actions that we take" - Alan Greenspan
J1NX1337 1 year ago
the one dislike was bernake when he went home and watched youtube later that night..
indibabs122275 1 year ago
Do any of my intelligent fellow Americans really believe that it isn't time for a fucking REVOLUTION in this country? Do you really think that things STILL are acceptable in respect to what these politicians are doing in our government?
USStateSponTerrorism 1 year ago 38
@USStateSponTerrorism i am with you bro! its gonna take way more than slick talk and men dressed in suits to change things around here....the United States is going downhill and fast!
xjkgx 7 months ago
This has been flagged as spam show
Have you every really wondered WHY there have been so many REVOLUTIONS around the world throughout history, ie. why men would risk their freedom and even their lives for political change??? BECAUSE SOMETIMES MEN HAVE TO FACE POLITICAL, SOCIAL AND ECONOMIC REALITY, U only live once. If your gov is totally corrupt as ours is now, n elections t rigged, our candidates r NOT candidates that the PEOPLE chose, n politicians r bought n paid for by huge corporations, there is no choice but revolution!
USStateSponTerrorism 1 year ago
Anyone notice at about 1:14 Ben slips and almost says person??? "Any bank or P that has access"
SpaceCowboys3rdeye 1 year ago 2
@SpaceCowboys3rdeye I noticed!! I started to laugh. Then right into anger.
whitedunks 1 year ago
So you know WHAT theyre dloing and WHY then wehy do the American people and thsoe of other mature freedom lving countires let these people do this.... you cant get change unless you
7nordic 1 year ago
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” Thomas Jefferson
Sound familiar?
therookiecynic 1 year ago 2
This has been flagged as spam show
waterchildtera 1 year ago
This has been flagged as spam show
waterchildtera 1 year ago
I have created piggybankblog com for all those who have been abused by Bank of Abusing America's potentially irregular, fraudulent and simply abusive loan modification process.
My name is John Wright and I AM FIGHTING BACK!
John Wright
piggybankblog com
bofalawsuit 1 year ago 2
Lets send Tony Soprano and Co. to Bernanke's house and have him ask him where the money went.
rmccay88 1 year ago 2
1.2 trillion dollars and no-one knows were it is,if i lend money to someone i know exactly were it is. corrupt mother-fuckers
wageslave333 1 year ago
the senator looks and sounds angry did the republicans get this mad only ron paul did
valcrist666 1 year ago
"We've never lost a penny doing it". LOL
drshock18 1 year ago
Where is the money Lebowski??
golden79 1 year ago
End the central Bank! They hijacked the Nation years ago. Andrew Jackson abolished the central bank.. There were two attempts to assassinate Jackson. We have to get rid of this one and prevent another one from forming. Kennedy tried to create a debt free currency with Executive order 11110. He was later assassinated..
silversobe 1 year ago 2
Gang raped in prison is in bernanke's future for sure.
TheFirstCaller 1 year ago
I love Sanders. He's a Jew right?
marydwyer14119 1 year ago 2
theses shmucks, i want to leave this god forsaken place, and go somewhere where their is no central bank, and people are just and all correct
LogicListens 1 year ago 4
@LogicListens Iran,Venezuala,Lybye(oh no more now).
mattbell555 3 months ago
the money is in Rothschilds' pockets...
after all, they all keep it in the family....
EgyptianPrinceCB 1 year ago 3
This has been flagged as spam show
Here is an idea whose time has come.
Proposed 28th Amendment to the United States Constitution:
"Congress shall make no law that applies to the citizens of the United States that does not apply equally to each of the U.S. Senators and Representatives; and, Congress shall make no law that applies to the personal benefit of Senators and/or Representatives that does not apply equally to each of the citizens of the United States. "
prayfortruejustice 1 year ago
test
Adrian1IB 2 years ago
bernanke just tells the facts and sanders just doesn't understand
coltranechilla 2 years ago
@coltranechilla
You think? look at the only public fed bailout at AIG and all the mess that created. the fed telling AIG not to disclose to the SEC in a filing the name of the counterparties nor the amount of the money that was funneled through AIG to big banks. this was public because AIG wasnt on the feds jurisdiction, but with depository institutions they can do the same they did with AIG but in secret.
asierra1492 1 year ago
I don't understand what you are trying to get at. asierra1492. The reason the banks did not disclose their information that they accepted federal bailout money is that it would undermine the whole operation and cause a massive public backlash.
coltranechilla 1 year ago
Sanders just makes useless populist rants without understanding the complexities of this.
He seems to like to make these rants to get him some TV time. I've rarely ever heard him make any constructive remarks.
LocoYoFla 1 year ago
There is no complexity to the question "where did the money go?" And I can't believe people like you don't care where the U.S. peoples hard earned money went.
Nobody should stick up for the crooks of the world such as Bernanke, the Rothschilds, and so on!
Stash314 1 year ago
@Stash314
If you are asking where the TARP funds went, the majority of it has been returned and interest also received. In fact, most of Obama's job initiatives will be paid by the interest received from TARP.
Every time Sanders gets in front of a camera, he tries to act like he's mad and outraged. But he asks questions that can be answered simply by going to the Fed's website.
Questions like, "Do you have to be a big, greedy bank to get TARP" could be answered by simply viewing the site.
LocoYoFla 1 year ago
@LocoYoFla The money that went to AIG that was funneled to large financial institutions in a back door bailout will NEVER be repaid. Over $180 billion to AIG with $50 billion of that going to large banks (100 cents on the dollar on CDRs). For that $50 billion handout, which will NEVER be repaid, the taxpayers get to watch them continue to pay themselves lavishly while they fail to extend needed credit to small businesses which would help ordinary people either keep their jobs or go back to work.
Nuni0103 1 year ago 3
@Nuni0103 I read a ten month old comment of yours (Senator Sanders asks Bernanke WHERE IS THE MONEY), which I found interesting. I agree with you one hundred per cent.
usagoodbyeisayhello 1 year ago
u seem to not understand that these loans are being guaranteed by the US government.. the bailout was a drop in the bucket.. the total cost to taxpayers is in the trillions..that is why the investment banks are still doing the same high risk activities they did before the crash they know the government said they will back all their loses
xadam2dudex 1 year ago
As banks SHOULD be doing, I would like to know who I'm lending to, and do appropriate research to determine if I'll see my money again.
If you were in rough times, and someone came to you and asked for money, but you were reluctant -- but then they promised to pay you back, wouldn't you like to know the person or persons were able to pay you back and that the promise wasn't empty?
There are no ignorant people here my friend. This boils down to lending wrecklessly which caused the problem.
golden79 2 years ago
Sanders is asking a good question. Our economy is cratering on the basis of having severe amount of loan defaults. Car companies received money -- and still went into bankruptcy. Quite a few large banks are still in trouble, and many small banks got wiped out.
So, seeing as we, the taxpayer, are on the hook for this money, WE are essentially the ones who loaned this money out -almost $10k per person, whether you are 1 or 100 yrs old - for this $2.2 trillion.
So, who did I give my money to?
golden79 2 years ago 2
@golden79 the 2.2 trillion dollars are not tax payer dollars - tax dollars were for the bailout (fiscal policy not monetary policy). The federal reserve through loaning, created 2.2 trillion dollars.
Sch00ls0ut 1 year ago
... Everyone here is so completely ignorant of economic theory, it is mind-boggling. The Fed doesn't "give away" the money! Start by looking up what "loan" is, then "collateral", then take an introduction to macroeconomics class, and then you can possibly begin to join the debate on international economic policy. Actually, wait until you've taken a course in monetary policy, first.
.... Sheesh. Mother Mary, pray for me. I'm surrounded by crazies.
planetar4564 2 years ago
Time to audit the federal reserve.
eyewitnessterror 2 years ago 2
The FED usurped USA .......
Omgtheykilledme 2 years ago
Comment removed
michael38921 2 years ago
wasn't he one of the senators that voted to continuine supporting ACORN and was bribed for his Senate vote on the Healthcare bill?
GovernmentSham912 2 years ago
there is no problem in spending money if the interest is paying it back and creating a value for the furture, simply if a normal person is asking for money with the kind of status of most of the bancs in the US then the reserve should have asked about 20% interest for it because they are simply not triple A rating, or tier 1 so. This means you are as banc not credible for your demand. The senator is not totally asking the right question, he should have asked about the credibility of the bancs.
antoniooke 2 years ago
...........The Fed is stonewalling because they are creating long term inflation. Run up the pool of money world wide, and when that money comes back into the U.S. it causes hyper inflation, and the economies bottom will drop out, and they will bring in a world wide standard currency.
You also spelt bank wrong like 4 times.
MikeG11986 2 years ago 26
@MikeG11986, and you spelled 'spelled' this way: "spelt"
1Urganda1 4 months ago
@1Urganda1 Oh the irony.
MikeG11986 4 months ago
you mean "banks"
HaveAGingerAle 2 years ago
man that senator is an idiot, did he actually go on the federal reserve website everything is there, a much harder question would be mr senator where do you get your campaign donations from
goldensonicwow 2 years ago
OMG I feel like I know more about the federal reserve and the money system than this high falooten senator from Vermont. HaHa. I listened to George Berry's "Truth In Money Series" on Genesis Communications Network! and now know more than most Americans about it!
ericineffible 2 years ago
its pretty sad taht now congress is just asking questions of the FED...why suddenly ? THey hav been happy with this arrangement for 100 yrs ..now suddenly ...Is it because the word is out amongst the general public ! Well done guys !
klnine 2 years ago
Congress has always asked questions on the fed, or central banks in general...Andrew Jackson actually abolished the central bank system while he was in office.... as far as people questioning the Federal Reserve Bank look up Rep. Mcfadden...
cobracarg 2 years ago
oh please..one jew asking another jew where the money is when they both know...they run hollywood for a reason folks.
klownpenisdotfart 2 years ago
beautiful.
brandonj70 2 years ago
2.2 trillion at risk hee hee. Did he not hear Bernanke say the loans were over collateralized.
hoodoo961 2 years ago
@hoodoo961
not true.
If they were worth anything, there wouldn't be a need for a bailout.
jjason1985 2 years ago
I think you are confusing the Fed's standard lending practices with the TARP funds, which were done with Congressional tax dollars and administered by the Treasury. Two different things. TARP indeed was a bailout, with a lot of risk and moral hazard, and is deserving of criticism. But the Fed always lends to depository institutions in time of crisis. Its why the Fed was created.
hoodoo961 2 years ago
@hoodoo961 How was that financed? With debt, of course. How was that accomplished? Fed types in 78 followed by a bunch of zero's and then sends it to the treasury in exchange for some debt instrument called a treasury note.
They were "collateralized" with what? What we got was toxic assets purchased at 100cents on the dollar by the FED from their friends at the major banking institutions.
jjason1985 2 years ago
Ouch. You do realize that the Fed owns only a small portion of the national debt, right? They do not buy enough Treasuries to constitute "monetizing the debt," and the T securities they own they buy in the open market, (hence FOMC), like any other customer. And I don't think you or I really now what collateral the banks gave the Fed. Again, this is different from TARP.
hoodoo961 2 years ago