Chairman Bernake Explains Economics Bailout

Bernanke attempts to say why we need to bail out. It's insane. We give banks more credit because they are way under and somehow they will be able to get the economy going again, even though they are just even in further debt obligation.

Banks won't give credit to a failed business, why should the Fed give Banks more credit?

Category:

News & Politics

Tags:

• bernanke
• FED
• federal
• reserve
• economy
• bail-out
• bail
• out
• government
• spending
• cspan

[cartoonglutton]

The Federal Reserve System has utterly failed in it's alleged mission statement of creating and preserving stability in the markets and maintaining control over inflation.

[cartoonglutton]

The financial mess this country is in would not even have been possible without the unconstitutional (illegal) privately owned corporation known as the Federal Reserve System.

[cartoonglutton]

The Federal Reserve System should be abolished immediately following a full audit of it, the nation's gold reserves, and likely criminal prosecution of those inside the Federal Reserve System. We should then follow what the U.S. Constitution calls for, and return to an honest gold and silver based monetary system.

[Look4Truth]

Explain what? We get the shaft and the tab for their concocted debacle, what more is there to explain?

God bless Amerika, let's just give them full control over everything now so we can just grab our clickers and go back to the idiot box.

[billvancouver72]

This is so obviously stealing from the "average person" as the bad loans will be paid for by the taxpayers with the stroke of a pen if this legislation is passed! The problem is, there are no dollars in the Treasury and they must simply be "printed". The negative value of all these bad loans is not known, and is in the trillions. Watch the dollar crash and the price of GOLD will SKYROCKET. BUY GOLD NOW!!