Watch this video and you tell me if Ben Bernanke doesn’t look like he is doing a damn fine impression of a deer in the headlights? It is a rare moment when one sees Bernanke squirming and speaking rather rapidly – two hallmarks of Bernanke freaking out. TurboTaxTimmie does the very same thing when he is under fire, and they both realize that their power is slipping away.
Bernanke: “My concern about the legislation (HR1207) is that if the GAO (Government Accountability Office) is auditing not only the operational aspects of our programs, the details of the programs, but is making judgements about our policy decisions, that would effectively be a takeover of monetary policy by the congress, a repudiation of the independence of the Federal Reserve which would be highly destructive to the stability of the financial system, the dollar, and our national economic situation.
Ya Think Ben? Our founding fathers were completely against a central bank system, (a banking cartel which is what the Federal Reserve System IS), and all four presidents that worked toward abolishing a central bank system were assassinated; coincidence?
Remember that quote “quite transparent”? Today’s AYFKM? Award: The Federal Reserve…for not being able, even using red crayon math, to account for $9 TRILLION DOLLARS!!! $9 FREAKIN’ TRILLION – NINE, not $9 Million or $9 Billion, NINE TRILLION!…and Ben does not want to be audited. Tough kibbles Ben!