Alan Grayson: "Which Foreigners Got the Fed's $500,000,000,000?" Bernanke: "I Don't Know."

This is Congressman Alan Grayson questioning Federal Reserve Chairman Ben Bernanke on $550B of loans to foreigners (or 'central liquidity swaps' in Federal Reserve-ese').

Which financial institutions received this money? Bernanke's answer: I don't know.

As the Fed was lending this money, the dollar increased by 30% in value. Grayson asks, was this a coincidence? Bernanke's answer: yes.

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  News & Politics

[DjDymacel]

Thank you Rep. Grayson, you are a true American...way to sack up and make Bernaky taste his own shit.

[r hall]

funny how that idiot taylor swift has like 90000000000000000000000 views by americans. this isnt even pushing 400000. and theres people in detroit with no clean water to drink

[Gregory Heald]

Notice how he doesn't say pay the loans bank to American's but to the Federal Reserve. The U.S. has been scammed again by the Private Banking Cartel "The Federal Reserve" All income taxes from wages withheld are not to pay for running the Govt. They are paid to the Federal Reserve Cartel of the worlds richest banks to pay the interest on the money they print and lend to the U.S. Wake UP! People.

[epd0123]

Obviously Project MK Ultra hasn't yet reached Alan Grayson.

[Em-Beatz]

Im From New Zealand And I dont remember Nz new channels ever Talking Bwt this money.

[Nardz Vallejera]

Philippines needs to have someone like him..

[MrLudvig01]

it is money, right? Not mass killing of a population

[MrLudvig01]

Wow, you Americans really do not get it

[logan wheeler]

A person Only pleads the 5th when they themselves are guilty or have dirt on someone else . Deny, Deny, Deny!

[logan wheeler]

That's crap bernnake should known to whom he's lending money too he's the chairmen of the federal reserve. When you go to a bank to get a loan they make you fill out bunch of paper work and ask lots of questions, questions like who is the money going too or what you will be buying with said loan! So, that pos bernnake knows where that money went and knows what its being used for

[SupremeKingSovereign]

That guy you talk about is not a nice guy. Serve me or be tormented forever after. Worse then Hitler. Or any mass murderer.

[Anthony Salvatore]

Bull Shit, Bernaki is an asshhole who should be arrested for fraud.