Timmie is trying to defend The Fed and not doing a very good job of it. Timmie just ain’t that smart even though he does seem to think he is, and in the second video Senator Corker asks for assurances that no one from the White House ends up as the next Fed chairman when Bernanke’s opportunity to crash our economy ends in January, 2010. (That’s my snark, my bad.)
Our founding fathers warned against having a central bank that printed money and loaned it back to us, and each president that even broached the idea of abolishing a central bank ended up 6 feet under. What’s up with that?
I have been studying the 88 page financial reform white pages to see what exactly is hidden inside because you know there is something lurking there that is even more un-Constitutional than the Fed itself. I will post what I find when it makes sense to me, and I can explain it to you.
As for The Fed becoming even more powerful; please, how much more crap are we going to take from this administration before we set them straight? Is this not the same banking cartel that lost/misplaced $9 Trillion dollars, and now would have control over corporations like Target, Harley-Davidson and Pitney Bowes? Is this not the same banking cartel that will issue $2 Trillion of debt this year alone in conjunction with our insane treasury and WH? Why hasn’t Bernanke told Geithner to STOP ALREADY? I know, that’s a stupid question…my bad.
Senator Corker grilling the teenager.
When it comes to central banks around the world, just because “everyone is doing it”, does not make it the right thing to do – just look at what ended up in our White House.
Can we impeach Obama yet?
Is it time to clean house yet?