Bernanke Gets Owned by Rep Kirk on Currencies and Federal Debt

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Uploaded by on Mar 9, 2011

At the semi-annual Monetary Policy Report hearing in Congress yesterday, Chairman of The Federal Reserve Ben Bernanke smiles like a kid that has just been caught with his hand in the cookie jar when Senator Mark Kirk gives him a history lesson on currencies and federal debt, either that or he is grinning because he thinks the notion of a country without a federal deficit and debt is just hilarious. You decide.

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Uploader Comments (kenjams)

  • He said it is one part of the government loaning another part of the government money. One thing wrong about this is that the FEDERAL RESERVE IS A PRIVATE BANK not federal at all.

  • @changethecurrent Thats right. It's neither Federal nor a Reserve!

    Much like the "Patriot Act". There's nothing patriotic about it..

  • So he just admitted that the Federal Reserve (or any reserve bank) is not at all necessary! This we know, but to have this thief confirming the fed is invalid is quite an eye opener.

  • @MaTtRoSiTy They are pretty much "in your face" about it. Much like Bernnake was before when questioned about where some of the dollars sent overseas went. He just refused to say. They figure there is nothing that can be done about it now, since we owe them big. Well, they're wrong.

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  • rofl

  • The more I listen this guy the more I dislike him.

  • @vortexy1 He has every reason to be nervous. The Federal Reserve is responsible for economic collapse all over the world and the average joe is beginning to learn this. Very soon it will be open season on Bald Eagle.

  • @mozartgenetics did you see his right hand at that moment? Pure sign of nervousness

  • I cannot believe the bald headed bastard amitted that. I bet that hurt coming out of his mouth.

  • GREEEEEEEEEEEAT ABOUT THIS LINK "THE SECRETO OF OZ" watch?v=swkq2E8mswI

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