Why Congress Asks Bernanke Bogus Questions

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The federal reserve is illegal entity it is controled by no one. All they do is stick their nose in where it don't belong. It was created by the elites in washington,to control the flow of money in the privet sector. they are not elected but apointed, by the rich beurocrats in washington.

Most of these elected officials are multi millionaires, who are intrested in one thing.

Thats how to stal more mony from the american people.

I heard a quote in the early 60's by a congressman.the american people are gullable, they love to get screwed.

steve quick of TX 4:41PM June 29, 2009

Bernanke and the Federal Reserve have their own agenda. The Bilderberg Group is truly setting up the United States to fall and become part of a larger community under the New World Order and One World Currency. It appears to be unfolding very fast now under the Obama Administration. But, each President has been a puppet for the financial interests of the Bilderberg Group and the Illuminati. So, we are just all observing their plan become reality....just like the Iraq War which Bush staged.

Karen of FL 8:01AM June 26, 2009

The question is not "when the government will stop insuring more than $100 billion worth of toxic assets the banks hold" it's when will they make the OTC derivatives that are continuing to create them illegal????!!!! Is the world economy going to have to live with these insurance swindles? This road may eventually lead us back to the caste system but instead of royalty we'll just have rich people holding toxic assets.

ben jimenez of NJ 7:55PM June 25, 2009

We're just supposed to consider ourselves darn lucky that the financial house has not blown up completely--yet. But, it's worth remembering that Obama DID NOT engineer this stuff. Bush, Paulson and Bernanke did.

Meanwhile, the question to be pushing Dr. Bernanke on is this: When are you going to stop trying to hold interest rates below where the market would like them to be?

After all, the low rates CAUSED the problems. So when are you going to get real and get honest so anyone with savings is not being robbed by being forced to lend money (deposits) into corporate errors for nothing in return?

Muser of NM 6:54PM June 25, 2009

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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