Bernanke will you tell American people to whom Fed Res lent $2.2 trillion of their dollars?
Posted By: admin | 2009.11.09
don’t want to be public about the fact that they received it.” He said businesses in his state were in trouble and needed loans, but were not permitted to borrow from the Fed. “Do you have to be a large, greedy, reckless financial institution to apply for this money?” he asked. Bernanke said the Fed’s lending programs were not gifts or subsidies but rather over-collateralized loans. He said the law restricted the types of firms to which the central bank can lend. “We have never lost a …
25 Comments:
frstie / March 16, 2009 5:27 am
I don’t know what the citizens of the US haven’t rioted yet, it’s your country and they’re taking it from you. what are you all waiting for?
IUProducer / March 19, 2009 4:09 am
Oh man, I could go on for a while but seeing other quotes on here people, like yourself, already seem to know what’s up with REAL government. But yea, our government has sold out. The good people in government know are beyond the minority. It’s sad but that is the case. I knew they would pump money back in the system but TRILLIONS!! I mean really!! And then they tell us “we’re not telling you where it’s going”. WOW. let us try that with our taxes and count how long it takes the SWAT team to come
OrmEmber / March 20, 2009 8:04 am
Bernanke smoothly sidesteps any question asked of him. That’s not the way to address hard questions.
“Ask the Treasury, that’s their job”. That doesn’t inspire confidence in his sincerity.
Kike1316 / March 20, 2009 9:53 pm
Watch the ZEITGEIST ADDENDUM and you will notice that the central bank is a huge fraud and will bring down the country, watch for yourself and make your own opinion
lisajason111 / March 25, 2009 2:49 pm
they should take more extreme measures on bernanke as the troopers did to iraqi captivities
Civsuccess2 / March 26, 2009 9:41 am
Bernanke reveals which banks owns how much debt. Wall Street will collapse. Banks will fail.
Bernie Sanders wants Bernanke to destroy US economy.
Tasadaru / March 27, 2009 3:34 am
The Ron Paul people are going to love the following:
1980 – 200 Billion revolving credit and monetary base; gold $850
2008 before bailouts – 1800 Billion revolving credit and monetary base
source: St. Louis Fed Bank
with Obama yo Mama in, that number is going to go much higher. Both parties are bought and paid for. So for all the RP supporters, buy as much silver as you can.
past historical ratio 16 silver ounces for 1 gold ounce
today’s ratio 70 silver ounces for 1 gold ounce
Truthseekr07 / March 28, 2009 1:54 pm
Bernanke… is it just me, or does anyone else think he looks dead in his eyes… the man seems to have no soul. Everytime I see him his eyes look the same, black and dead. God bless him, he needs it!
Truthseekr07
medliberty / March 28, 2009 2:06 pm
Credit default swaps are not collateralized as Bernanke implies. They are merely uncollateralized gambling losses which the taxpayer is now covering in the greatest financial transfer of wealth and swindle in world history.
kotan333 / March 30, 2009 7:20 am
Where have you been? AIG went down because of collateral calls on the CDS it was trading.. Of course CDS are collateralized. idk how someone could miss that fact.
wanghobb / April 13, 2009 2:14 am
oh, those trillions are going for the underground cities and bunkers for these guys to live as soon as the world ends, that’s all.
VoteRP / April 18, 2009 3:01 am
I actually think Bernake is fighting for his soul. I think he can’t sleep and he looks tired and is under severe stress and pressure much caused by a mess that probably had nothing to do with his post now. I actually pray for him and his wife.. I feel bad for both of them even if I disagree with them.
VoiceofAmericans2008 / April 18, 2009 4:25 am
I agree about Bernanke looking tired. He was @ a FR conference today & you can see that in his eyes. You are a better man than I….praying for him & his family. Thanks for doing that.
aMaRiKa72 / April 29, 2009 3:28 am
Interesting to note the cutoff given when Bernake pointed out that the ones bailing the credit companies who are failing is the treasury with TARP money. This is just pointing the finger at the federal reserve to cover their own poor choices. This makes me ill.
MyImago / May 12, 2009 1:04 pm
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. The one aim of these financiers is world control by the creation of inextinguishable debt.
Henry Ford
Call your Represenative, have them co-sponsor Ron Pauls HR 1207 (Transparancy of the Federal Reserve)
Nice Video
mymorningvodka / May 26, 2009 10:14 pm
3:27
bernake shits his pants
420bmxer / July 16, 2009 3:05 am
are money in canada is branded with 6-6-6 on are $20.00 bills
TheDollarboy32 / July 24, 2009 1:48 pm
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DangerMouse232 / July 27, 2009 12:57 am
me too…He’s the Puppet for The feds and Gots To Take Tha Heat From Congress When it really Should Be Rockerfeller Or One of those bankers Scum…
MrBigmoneymaker / August 1, 2009 4:51 am
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twinretina / August 8, 2009 12:48 am
The greatest “Heist” of FIAT money that was converted into REAL money (gold and other commodities) there ever was!
PaulLayton1102 / August 25, 2009 9:16 pm
holy shit soes anyone see the design bhind this senator…it is a hitler symbol.
StevenM818 / August 29, 2009 9:57 am
Well Bernie IS a socialist
DojoNDude / September 16, 2009 3:34 pm
It’s a popular Celtic design. Yes a swastika can be read into it.
FCKEVRY1 / October 22, 2009 4:51 am
I love how the American public BEG to be robbed and then they complain when they get robbed!!!!