While I was watched this video
of Federal Reserve Ben Bernanke appearing before Joint Economic Committee and being questioned by Rep. Duncan (TN) on May 5th(?), for some reason Blue Oyster Cult’s song “Veteran of a Thousand Psychic Wars” crossed my mind. Just look at Bernanke’s body language… crossed arms, when he’s saying “we are transparent,” he looks down and away, he also looks up and away… all classic sign of lying. Big time BS-er.
Notice that when Rep. Duncan (TN) asks him a question, Bernanke pauses much longer than necessary before answering. Trying to make up a plausible reason why “it’s not what it really looks like, honey…” Yeah, riiiight.
Also, Bernanke obviously doesn’t know that Congress is SUPPOSED to have control over the “monetary policy” of the U.S., as he puts it. This, from someone who’s supposed to be an expert in money and money management, supposedly graduated from an Ivy League School?? WTH??
Lastly, if the Federal Reserve was on the up & up, they would have been disclosing information ALL ALONG… FROM THE VERY BEGINNING!!!! They expect you, me, McDonald’s, Fed Ex and any other individual, for-profit business and non-profit businesses to show their books upon the possibility of an audit related to a Congressional investigation or a lawsuit but the private corporation the Federal Reserve, posturing as a bona fide government agency, is beyond reproach…. Me thinks they stinks….
And, here’s a wonderful rebuttal to and a few questions for Bernanke from Rep. Paul (TX). [http://www.youtube.com/watch?v=rjULF_Xg6Ps] But just listen to how Bernanke has the beans to say in regards to the GAO auditing the Federal Reserve, “I would certainly resist any attempts to dictate to the Federal Reserve to how to make federal monetary policy. It is the independence of monetary policy which is crucial to the maintenance of price stability and economic growth in this country. And that would not be acceptable.” {Notice that Dr. Paul one-ups and concludes, “of course it’s only the policy that really counts.”
Anyhow, many thanks to Barry K. for bringing the first video to my attention. I’d like to close with this quote from former President Woodrow Wilson: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.” — Woodrow Wilson 1919-The President who signed the Federal Reserve Act into law
