DeMint Questions Bernanke on Bailout

[MillionthUsername]

How is it that the Federal Reserve always escapes criticism? It is the money monopoly. It creates money. It artificially sets interest rates. It provides liquidity to member banks (or not, like right now, and claiming a credit freeze), and is supposed to provide a stable and fair banking system.

And by the way, it is PRIVATELY OWNED by...

bankers! But we shouldn't ever question whether or not the Fed creates these booms and busts with its funny money. Let's focus on extraneous issues! :-/

[Tianshou88]

The Fed is my top concern right now. As far as I'm concerned anything that goes wrong in the country is probably a result of their doing. Ralph Nader is the only candidate running right now who understands how dangerous the Fed is. Mccain and Obama either don't know, or are too bought out to care. I think it's both.

[GootUSA]

Dude, those who voted for Bush: you deserve every bit of it!

[Rossdhu16]

Thanks for posting this.