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  • Bernanke under fire in Congressional testimony

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    Reuters
    June 25, 2009

    • A d v e r t i s e m e n t
    • efoods
    Federal Reserve Chairman Ben Bernanke on Thursday pushed back hard against accusations the Fed threatened Bank of America executives if they halted a merger with Merrill Lynch or pressured them to withhold bad news about the troubled investment bank.

    KEY POINTS: * “Neither I nor any member of the Federal Reserve ever directed, instructed, or advised Bank of America to withhold from public disclosure any information relating to Merrill Lynch,” Bernanke told the House of Representatives Oversight and Government Reform Committee. * The top Republican on the panel, Representative Darrell Issa, on Wednesday charged the Fed had covered up its involvement in the merger and “deliberately hid” important details from other federal regulators.

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    Comment Rules

    97 Responses to “Bernanke under fire in Congressional testimony”

    1. ac Says:

      end the fed

      the real plan Reply:

      A sermon right on target with what’s going on in the world. Strongly urge Info warriors to listen:
      http://www.sermonaudio.com/ser.....1906204947

      Jeffrey Reply:

      End the Fed is right and now that Big Bald Ben has lied to Congress, they can take his useless ass away and lock him up. After all, they come down like a ton of lead on lying baseball players which no one should really give a damn about…so one would think this would be just a little more important, when he’s proved to have lied that is.

      Husbandman Reply:

      the F’ED

      EU-Lex Reply:

      Papa smurf is in trouble :D

      Jim Shores Reply:

      I’ve been bled by the FED and I don’t deserve the FEderal Reserve. Stinky Verneke

      prescott Steve Reply:

      Here here! End the Fed Now!!!

      Thor Reply:

      The federal reserve is a facist organization that is to blame for the financial collapse of our great country. End the Fed before there nazi thugs end us!!!!!!!!!!!

      glennbecktard Reply:

      troops on our streets?? you decide http://www.youtube.com/watch?v=1rhiQpnbeiQ

      40 acres and a mule Reply:

      Looking for like minded people to share
      40 acres in the Sawtooth mountains of New Mexico.

      Far away from people and safe.

      Contact dudemr48@yahoo.com

      Thanks

      Saint Shannon Reply:

      Bernanke says, I believe “Go ahead, lay a hand on me, I dare ya”…………………………….

      dORNGEORGE Reply:

      http://www.mypicx.com/06272009/Light_relief/

      Nice picture…Any thoughts?

    2. burntwankee Says:

      they will be bankrupt and ignored by this time next year.. the masses ignore them and get on woith their own deal… small communites helping each other..

      rik thomas Reply:

      yeah
      money is just pieces of paper. the value is in the mind control around it.
      all this stuff is mind control.

      Hangman1 Reply:

      I agree. If we quit playing their game and stayed vigilant, we could have our lives back and never miss a thing about their sick world.

      Too bad so many people want their Kraft Macaroni and Cheese, Air-conditioning and Sea-doos. They won’t learn until it gets very very hard.

    3. JO-JO BINKS Says:

      GEE, YOU HONESTLY MEAN HE CAN’T … “LIE”?

    4. Ken Says:

      Been listeing to the whole thing. It was great bbut now what comes of it?
      Nothing as usual and they move on and Pelosi says HR1207 is off the table???????

    5. EU-Lex Says:

      It’s time to arrest “Bald Santa”

      Unconquered Reply:

      More like “Bad Santa”

    6. Vulnus Says:

      Frontline did a great piece on this a little while back. you can watch the full episode at http://www.pbs.org/ just look under Frontline

    7. EU-Lex Says:

      What kinda spam filter is this? I write 20 lines and won’t appear.
      At least give a thorough description of Comment Rules

      Comment rules Reply:

      By using the user comments form, you agree to the following:

      You will stay on topic.

      You will not include links to websites and videos not associated with the topic.

      You will not post the same comment multiple times.

      You will not solicit anyone to buy or sell products or services, or to make donations of any kind. You will not include links to products in your comment.

      You will not post anything libelous, defamatory, harmful, threatening, harassing, abusive, invasive of another’s privacy, hateful, racially or ethnically objectionable, or otherwise illegal.

      You will not make threats to other users or people not associated with the site.

      If you violate these rules, your post will be deleted.

      Remember: you are a guest here. It is not censorship if you violate the rules and your post is deleted. All civilizations have rules and if you violate them you can expect to be ostracized from the tribe.

      EU-Lex Reply:

      Thanx dude I read that above, and I obey those rules I want to know how the spam filter works.

      House Reply:

      If they don’t tell you “why”…..they can never be accused of censorship…….

      Armed*Serenity}-;='--- Reply:

      So why is it that ass wipe racist can post hate, yet if one posts about the true comment rules its deleted.
      P.S. one segment of the population has no rules…..perhaps youv’e heard of them….ya know the NWO.

      Armed*Serenity}-;='--- Reply:

      Thanks for confirming my argument. I pointed out the true comment rules earlier…..yet mysteriously it did not post……….hmmmmm

      Gary Head Reply:

      Shut up zombie. Don’t tell me I am a guest here. How can you say this is not censoreship?

      “You will not post anything libelous, defamatory, harmful, threatening, harassing, abusive, invasive of another’s privacy, hateful, racially or ethnically objectionable, or otherwise illegal.”

      I can’t say anything that isn’t one of those. But you will control the reality to your liking?

      Gary Head Reply:

      And stop trying to pretend that you are responsible for what I say. That is the problem, the authorities mind control you to believe that MY words can get YOU in trouble, and rather than argue that I am responsible for my own words, and that I have a right to say what I wish, you cower and become police, and enforce their reality, or your own reality upon us and dare say it is not censorship.

      Gary Head Reply:

      “Remember: you are a guest here. It is not censorship if you violate the rules and your post is deleted. All civilizations have rules and if you violate them you can expect to be ostracized from the tribe.”

      That turd doesn’t float either. It is too stupid to respond to.

    8. dWaRf mApLe Says:

      http://911essentials.com will continue the mantra …..

      Ban hedge funds and make derivatives illegal. Arrest the criminal bankers and politicians.

      911essentials is a primer portal introduction to the New World Order Corporate Banking Police State, its plans for one world government and their worship of the fake science Eugenics.

    9. NewzucanUze Says:

      He really looked scared man. I mean, his lips were trembling

      Dee Reply:

      The dumb “bully and cockroach” of Ben Bernake. He’s NOT laughing and smiling anymore! LOL! The chickens are coming home to roast, Ben Bernake. What goes around, comes around. What you put out, expect to get back. I’m looking forward to seeing you at the end of a rope including the Rockefellers, Henry Kissenger and The Rothchild and the members of the Bilderberg Group! LOL! BE AFRAID, BE VERY AFRAID! LOL!

      Keith Reply:

      Right On! Thats exactly what I told the whoever it was I spoke to at the CFR in NY. Think it was an assistant to an assistant. The same day I told a Stephanoupolis producer what a piece of shit George is. That was after his interview with Ron Paul. Turn of the TV, stop the newspaper and magazine subscription, call these turds directly.

      Gary Head Reply:

      Just theatre. All of their futures are tied together. They just hope to get you safely to an extermination camp before the heat gets any hotter.

    10. Turner78X Says:

      Window dressing. I think wife swap has more seriouness and sincerity to it.

    11. fed's dead baby, fed's dead Says:

      dead the fed.

    12. newfy777 Says:

      lies lies and more dam lies

    13. EU-Lex Says:

      I’m sorry but I saw PBS 10 trill. and counting and Inside the Meltdown and PBS Frontline generally is great, but they show you the crisis like “it has just happened, they made a mistake, it was an accident.” It was like Enron The smartest guys… the film just makes you feel sorry for them, oh poor bastards couldn’t see it or they just made a mistake well in case of Enron the “mistake” was lying like no other corporation.
      One thing for those who want to research the system is that THERE IS NO ACCIDENT IN POLITICS ON THIS LEVEL.

      rik thomas Reply:

      look….
      it is impossible to determine if their is free will in the universe… even if you think so!
      got it!
      i have learned that we need to approach everyone as if they are NOT aware of a conspiracy
      and are not consciously in the conspiracy. weird but true.
      i can’t explain the specifics of the above. just a newsletter from a veteran 911 guy.
      prophecy/conspiracy are two sides of the same thing.

      yellowhak1 Reply:

      ENRON was nothing in comparison to the ongoing scandal of the lakota people. the media is sure never to mention it and if they do its titled something rediculous like “oil exec sex and drug scandal” that was in 2008. not one word about the connection between the lakota natives and them. you want justice, good luck. if they so choose you will but we aren’t counting on it anymore being we know our place and its are destiny to take the fall for everyone.

    14. B. Bernanke Says:

      I would like to thank the academy, and all my fans. I don’t know how to thank the producer enough, lighting, make-up, and everyone involved. They did such a wonderful job making this real for me. I worked really hard to get into character for this one. My co-stars did a great job as well, and also deserve credit for this award.

      nader paul kucinich gravel Reply:

      The Bankers will clean up after the AIPAC 911 cover up.

      Words are plentiful deeds are precious.
      Uncle Tom or Uncle Sam?
      Neocon Obama?

    15. Mr. Duraham Says:

      http://www.worldnetdaily.com/i.....eId=102119 its going to be a wild time soon

    16. deathbyrevolt Says:

      Does anyone have AIDS out there. I think we should track down Bernanki and we should butt fuck him till he has aids and dies a very horrible death.

      freedom09 Reply:

      Retard!

      williamwallace Reply:

      just give him some of rumsfields wonder drug aspertaim in larg doses so when he gets grilled next time he will look sincere. honestly! dumb and dumberer look out

      piter rokkinfella Reply:

      Ask my brother Dave, he has a warehouse full of the shit

    17. Now What?! Says:

      EXPOSE THEM ALL!

      http://www.redpillvsbluepill.weebly.com

    18. repaulican Says:

      DBR~ you have GOT to be kidding me! What an infantial comment. You are one of the many reasons the U.S. is going down the rabbit hole. Congrats.

    19. Tomas Estrada-Palma Says:

      Ben responds:
      http://artedetomas.blogspot.co.....nanke.html

    20. Frankenstein Says:

      Man… i want to adopt and re-educate ben.

      Armed*Serenity}-;='--- Reply:

      do you mean waterboard by chance.

    21. jan Says:

      do not forget “Hollywood “…stage act.

    22. maestro Says:

      good site for a/j,bill cooper,and other related vids. http://suppressedminds.com/

    23. Mackiavelli Says:

      Debt Free Money Like the “Ole Continental”

      Anyone question there Goals?? http://www.youtube.com/watch?v.....re=related

    24. Karen Says:

      Bernanke looks furious that he is being questioned.

      Sir Baby De Porky Reply:

      When someone gets pissed like that over normal curiousity , it’s a sure sign of a rip off !!!

      P.S. Not that more ” signs ” are required !!!

    25. AJones Vids Says:

      HERE: Stream and Download ALL the best interviews and rants from the Alex Jones Show Archives:

      http://alex-jones-archives.politicsfiles.info/

      TODAY:
      - Pro-Lifer Mark Crutcher:Illegal Activites Inside The Abortion Industry !!
      - Pastor Dave Jones & Dean Broyles:Acting Under Color of Law!!
      - Obama Claims CIA Involvement In Iran “Patently False”

      Backup your favorite episodes, don’t miss any!

    26. vitalpot.com Says:

      haha Bernanke is a clown who deserves to be arrested then tried..found guilty..and prosecuted to the fullest extent. This guy is a sick f*** straight up. Playing with our lives from within our pockets..

      God has no mercy for scum like this..

      Satan get that lube ready!

      TechiePatriot Reply:

      Don’t forget to make sure his @$$ gets put in general population so he can become bubba’s B!tch – and have to wear cherry kool-aid for blush and high heels! Then don’t even give him the respect of getting ANY lube let it be hard and DRY!! Like he did the AMERICAN PEOPLE!

      Satan Reply:

      FOOLISH MORTAL. I will use NO LUBE!!!!

    27. de obvious Says:

      Does this have anything to do with the recent Frontline program on the “banking crisis”?

    28. roaddog Says:

      dog and pony show.

    29. THINK! Says:

      THEY JUST KILLED MICHAEL JACKSON TO TAKE AWAY ATTENTION FROM THEIR AGENDA!! THIS IS CRAZY!! THE CIA NSA AND ALL BLACK OPS AGENCIES WILL DO ANYTHING TO DIVERT ATTENTION FROM THIER BLACK OPS!!

      Solutions Reply:

      I’ll say this much, it makes me really wonder what was hidden behind Monica’s blue dress, Janet Jackson’s boob, OJ and MJ which were all probably just diversions.

    30. 1835 Says:

      Dan Burton grilling Bernanke.

      http://www.youtube.com/watch?v=XdpbD99IqAg

    31. Sir Baby De Porky Says:

      They always have a very bad memory when confronted with unpleasant topics , but they never
      forget when they claim you owe them !!!

      Solutions Reply:

      I wonder if ol Ben will break down and cry when he relizies we can’t ever get the money back, like Enron, only this time we can call it Fedron.

      Sir Baby De Porky Reply:

      He ain’t gonna be cryin’ any time soon as long as that printing press is crankin’ !!!

    32. JJ Says:

      #############SPREAD THIS INFORMATION#############

      **Wall Street criminals exposed By Marcy K.**

      kaptur.house.gov/index.php?option=com_content&task=view&id=289&Itemid=1

      youtube.com/watch?v=S27yitK32ds
      youtube.com/watch?v=oAADyc6t4nY

      **Rep. Alan Grayson asks the FEDERAL RESERVE Inspector General where the money is gone…**

      [Answer was: bla bla bla]
      youtube.com/watch?v=PXlxBeAvsB8
      HQ version: youtube.com/watch?v=cJqM2tFOxLQ

      ############BEAT THE FUCKERS############

      Bills to be supported: ‘S 604′ and HR 1207 (information and sample letter here)
      ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207
      &
      campaignforliberty.com/campaigns/auditthefed.php

      Senators Who are NOT Co-Sponsors of S 604 (Sister Bill to HR 1207)
      http://www.scribd.com/doc/16483157
      ^– hold mouse over icon (javascript enabled)

      ACTION REQUIRED: S 604 is SLEEPING. Call or send a mail:
      senate.gov/general/contact_information/senators_cfm.cfm

      S 604 status: www(dot)govtrack.us/congress/bill.xpd?bill=s111-604

      #PETITIONS#

      www(dot)thepetitionsite.com/1/down-with-federal-reserve

      www(dot)thepetitionsite.com/2/The-Federal-Reserve-Transparency-Act

      More information and EVENTS here:
      anewwayforward.org

      PETITION TO BLOCK CONGRESSIONAL ATTACKS ON FREEDOM OF SPEECH AND PRESS
      wnd.com/index.php?pageId=87882

    33. JJ Says:

      THE CONGRESS IS DEATH.

      FIRE THEM.

      http://www.firecongress.org

    34. Ken Says:

      Ron Paul Speaks at the CATO Institute on his bill HR1207 to Audit the Fed

      http://www.youtube.com/watch?v=yhd3dxlAOaA

      Tim Reply:

      You are invited to an international webcast hosted by Lyndon LaRouche on Saturday, June 27th at 12:30 pm at this link: http://www.larouchepac.com

      Remember: the LaRouche Political Action Committee is the ‘Number One’ PAC at the White House and worldwide

      Topics will include the collapsing global monetary system, Obamas loyalties, climate program as well as health care policies of the Obama administration.

      Live phone calls and email will be received during the webcast.

      If you do not have the time to attend, the webcast will be archived and available for download immediately afterward at the larouchepac.com website.

      Forgotten One Reply:

      What time zone do you refer to? 12:30 EST, PST? That seems an important piece of information…

    35. libertea Says:

      Alex Jones just said G-D Damn you F – people on Bermas’s show on air. Not good. I know everyone says that stuff, but you gotta get an engineer who knows what they are doing

    36. NatureBoy Says:

      bernake is complete nwo scum and everything he says is a lie just like obama -he needs to be stopped by any means necessary

      END THE FED

      Ron Paul 2012

      davidicke.com

    37. roaddog Says:

      he’s done his part….next.

    38. Madmagic Says:

      I can’t believe Bernake is threatening economic collapse if we audit the FED RIGHT ON TV IN FRONT OF EVERYONE!!!…this is the root of all our problems, submitting to threats FROM DOUCHEBAGS, every submission to evil leads to more enslavement and passes the buck up even highier this is why we are on the verge of armeggedon…THEY ARE GOING TO COLLAPSE THE ECONOMY ANYWAY!!! WETHER WE AUDIT THE FED OR NOT!!! ….he sounded utterly terrified to me on the clip, I hope we call his bluff.

      Bobbipin Reply:

      The only group more cravenly criminal in their orientation than Bernake’s gang of banksters and fraudsters are the candy assed crooks in congress.

      Breathing Easy Reply:

      So true. Without the spinless cowards in Congress, noe of this would be happening. It is Congress that allows these crooks to get away with eveything.

      Vote each and everyone OUT in 2010! Regardless of political affiliation. End the reign of corrupt “Professional Politicans,” that have stolen our country. Demand from your states “TERM LIMITS.”

    39. Nation of Pinheads Says:

      The jig is up Ben,all we need now is for our esteemed CONGRESS to obtain a SET OF BALLS. Ben, the NWO is not our God. ARREST THE BANKERS111

    40. HillbillyJihad&TheBubbaLiberationFront Says:

      Someone please just kick him in the balls already!!!! “All ‘HAIL’ Thermal Expansion!!!”

    41. Karen Says:

      Arrest him! Throw the bankers in jail. Break up the world wide media monopoly.

    42. Bobbipin Says:

      Bernake stands bare naked as a thief.

    43. GATHERING EVERYONE Says:

      HERE’S HOW WE MAKE IT HAPPEN.

      We must gather all emails from each other and get together starting now. Email ME.
      We can start a mailing list and depending on where we are we can meet somewhere.
      We can do this out in the open. We can do it right in front of them. STAND UP LIKE
      WOMEN AND MEN. Our forefathers and foremothers didn’t fight for us to be treated
      like this. So lets at least gather. That way we can make something happen. I don’t
      exactly know what yet so give me some ideas. At least lets get together on this.
      It’s not too late.

    44. offinrunnin Says:

      This might seem like a totally insane idea, but why don’t we hit them where it hurts? As in everybody on some kind of payroll quiting their jobs so that the funding for the murderous “laws” no longer exists? Its pretty disturbing that we, the people, are funding the very bastards that are killing us (along with everyone else in the world)! Just go back to the barter and trade system. No more fiat money system, no more inflation, deflation, or scams that enable the bastards to rob and steal us blind! Just a thought!

    45. Eyesopn Says:

      FIRE CONGRESS!!! FIRE CONGRESS!!! FIRE CONGRESS!!!

      EVERY SINGLE ONE OF THEM.

      MOST OF THEM ARE LAWYERS, THEY HAVE TO KNOW WHAT IS GOING ON, WHAT HAS BEEN GOING ON WITH THE HIJACKING OF THE MONEY SYSTEM SINCE 1913, THE DISMANTLING OF THE CONSTITUTION, THE ENSLAVEMENT OF AMERICANS — THEY HAVE NEITHER PROTECTED NOR DEFENDED THE CONSTITUTION, NOR ACTED IN THE BEST INTEREST OF THE PEOPLE BY SITTING IDLY BY AND HELPING PRESIDENTS TO BECOME DICTATORS AND FOREIGN INTERESTS TO LOOT THE COUNTRY BY EVERY MEANS AVAILABLE.

      IMPEACH ANY DICTATOR, OR OTHERWISE INELIGIBLE, PRESIDENT.

      EVERYONE IN THE ENTIRE COUNTRY SHOULD TAKE A DAY OFF TO GO TO THEIR STATE CAPITAL AND LET THE VOICE OF THE COUNTRY BE HEARD.

      WHAT IS HAPPENING IN AMERICA, TO AMERICANS, IS THE BIGGEST ROBBERY / BANK FRAUD / THEFT BY DECEPTION / SLAVERY SCHEME IN THE HISTORY OF THE WORLD, AND IT IS AMAZING HOW WELL THE 1000 POUND GORILLA IN THE ROOM HAS BEEN HIDDEN IN PLAIN SIGHT.

      DON’T RIOT.

      DO NOT RESORT TO VIOLENCE.

      STOP USING FIAT MONEY.

      LET THE FIAT FEDERAL RESERVE DOLLAR SELF DESTRUCT.

      DEMAND THE ISSUANCE OF A CONSTITUTIONAL US CURRENCY.

      DO NOT ACCEPT ANY CURRENCY [NO AMERO GARBAGE] OTHER THAN US TREASURY NOTES, RIGHTFULLY ISSUED BY A NEW CONGRESS COMPRISED OF PEOPLE WHO WILL SERVE THE AMERICAN PEOPLE INSTEAD OF ENSLAVE THEM.

      BARTER FOR WHATEVER YOU NEED.

      EDUCATE EVERY PERSON YOU COME INTO CONTACT WITH. NONE OF THIS CAN BE CORRECTED UNLESS EVERYONE UNDERSTANDS WHAT IS REALLY GOING ON AND WHY.

      REMEMBER – FRAUDULENT, ILLEGAL, UNCONSTITUTIONAL LAWS / STATUTES / ORDERS ARE VOID!!!

    46. truthseeker Says:

      Bernanke is full of shit….the president of Bank of America said exactly the same thing, in an interview for PBS’s “Frontline”. Bank of America actually wanted to back out, right before closing this deal, because they got info about how toxic Merrill was, but Paulson and Bernanke let him know, in so many words, that they couldn’t back out of the deal, or else, BofA would pay the price. Hell, the journalist from N.Y. Times is on the program, breaking this exact story, saying exactly what this story claims. The program’s available online at the PBS site. It’s located under “frontline”, for any who are interested.

      I watched this exact program about 2-3 weeks ago. The president of BofA almost lost his job over this deal, b/c the stockholders were PISSED, after it was done and they weren’t aware of the details concerning the shape Merrill was in, at the time of this purchase. This isn’t any kind of breaking news, but I guess there are more people who read Reuters than watch PBS’s “Frontline”.

    47. Petunia Says:

      I hate the Fed, but Bernake is telling the truth and Ken Lewis is the liar. It still may have been orchestrated, however. The Fed knew that Lewis and BofA are greedy and without ethics and could have accurately predicted their actions.

    48. Unconquered Says:

      Here’s a GREAT article in the new issue of Rolling Stone that breaks down how Gov’t Sach has rigged the market for decades and what they plan to do again. Pass it on.

      http://www.scribd.com/doc/1675.....le-Machine

    49. Pat Says:

      JFK signed HR11110 to get rid of the Fed and go back to silver backing of the dollar. Silver certificates were printed and distributed then recalled after his death. HR11110 has never been rescinded. Maybe it is time to enact that law.

      ScrewyL Reply:

      You mean executive order 11110, which is not law.

    50. C ANDREWS Says:

      i cant take alex jones and his little mini me side kick (jason) anymore. it’s hard to listen when they start name calling and acting like little spoiled children. i just can’t belive the childish things they say. i wish they would report the info without all the childish hatefull remarks,…….

      truthseeker Reply:

      You know C Andrew, I tend to agree, to a point. They really need someone else to do the P.R. b/c Alex is just too emotionally involved and comes off like a bit of a nutcase (I know I won’t get any love for saying this, but if you look at this objectively, its really true). The man (Alex) has his heart and head in the right place, but he just comes off wrong, when he’s televised/videotaped, and that does a disservice to the importance of the information being revealed. I have to believe that most anyone who’s watched some of his work will agree that he does kinda makes one cringe, at times. I intend no disrespect, at all, in fact, I respect him for the stand he decided to take; that took/takes balls, period. But these reactions play right into the hands of those who would rather keep this information hushed up They portray Alex as a nut, by using some of his emotional reactions against him and the message. This is definitely counterproductive, b/c although many who come here know that he’s not psycho, if you’ve never seen him before and they show one of the clips where he starts to go off, you may end up drawing that conclusion.

      Considering the importance of the information, it shouldn’t matter WHO gets the face time on the tellie, as long as the information get’s out there. I really wish that he could understand that no matter what, he will always be the main one credited and that by using someone else, his agenda would be taken more seriously, by even more people. IMHO, of course.

      ScrewyL Reply:

      WHo are you to say or assume what Alex’s message is? Get your own show.

    51. S&W .45 Says:

      I hope the fed gets audited like the many businesses in the united states get audited, by government storm troopers with ski masks and automatic weapons kicking in the front doors and telling everyone to get on the ground.

    52. frederick m. pearson Says:

      Is this a idea of Congress of Frderal Reserve being under fire. Madoff received 150 years for what he did. Now the Frederal Reserve for what they have done should reveive 1500 years.