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

RepAlanGrayson RepAlanGrayson·226 videos
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Uploaded on Jul 21, 2009

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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Top Comments

  • 19Mustang71

    19Mustang71 2 months ago

    money OUT OF AMERICA, jobs OUT OF AMERICA, morals OUT OF AMERICA - what is left?

    · 15

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  • mykewithayyesay

    mykewithayyesay 1 month ago

    does anyone else enjoy hearing bernaky tremble? to bad nothing came of this all silly america follow iceland

    · 14

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  • idreesqawiy

    idreesqawiy 8 hours ago

    THIS IS SOME BULLSHIT. i NEED 10000 FOR A VAN TO KEEP MY JOB THE BANK NOT GIVING ME NO LOAN BUT THEY GIVING nEW ZELAND HALF A TRILLION. SHIT I ONLY NEED 10000. FUCKIN BS!!!!!!!!!!!!!!!!!!!!!!!

    ·

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  • Gan Teorainn

    Gan Teorainn 1 day ago

    the global economy?

    ·

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  • ybet1000

    ybet1000 1 day ago

    The biggest military the world has ever seen

    ·

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    in reply to 19Mustang71 (Show the comment)
  • houmindlessthoughts

    houmindlessthoughts 1 day ago

    What makes you think that this is bad for America?

    ·

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    in reply to 19Mustang71 (Show the comment)
  • recaked

    recaked 2 days ago

    This is so unbelievable, that it seems like a comedy show.

    ·

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  • BoringFuckingCunt

    BoringFuckingCunt 2 days ago

    Americans?

    ·

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    in reply to 19Mustang71 (Show the comment)
  • Paul Saliva

    Paul Saliva 3 days ago

    and justice for all...

    ·

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  • sondre113

    sondre113 3 days ago

    mostly slaves

    ·

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    in reply to 19Mustang71 (Show the comment)
  • sondre113

    sondre113 3 days ago

    not just you

    ·

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    in reply to Neils Dahlberg (Show the comment)
  • sondre113

    sondre113 3 days ago

    no shit xD

    ·

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    in reply to Lord Jacob De Rothschild (Show the comment)
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