Institutional Financial Derivatives
November 23, 2009
Ben Bernanke has been scheduled for a confirmation hearing for a second four-year term as Federal Reserve chairman. The Senate Banking Committee will question him on Dec. 3.
|It is not time to reconfirm Bernanke. It is time to call out this ‘Federal Reserve’ criminal empire for what it really is and end it now.|
Rep. Alan Grayson has come out strongly recently urging an audit of the Fed and has had noteworthy courage to stand up to Bernanke’s lies directly in hearings and the giant ongoing criminal fraud that is the so-called ‘Federal Reserve’.
Thus I suspect fireworks during the confirmation hearing after which powerful special interests will unfortunately again guarantee Bernanke’s bogus reconfirmation regardless. This is wrong and needs to be stopped.
The Fed is wildly ineffective and did nothing to prevent the economic crisis. Why then do we continue to let it go on? And with endless printing of fiat money it has also destroyed the dollar and will obviously continue to do so, costing all of us endless inflation tax by design no less.
The Fed is first and foremost a private bank, a criminal cartel and a complete rip-off on everyone. So says Rep. Ron Paul, his new book “End the Fed”, Rep. Alan Grayson, Sen. Bernie Sanders and Rep. Brad Sherman among many others. Over 300 co-sponsors have signed on for the just passed ‘Audit the Fed’ bill HR 1207.
It is also high time the government took back it’s sovereign right to print it’s own money and not be forced to borrow from the Fed at interest, the biggest scam of all — only serving to systemically wreck all of our lives and doom them to economic slavery to the elite shadow bankers who actually control the Fed as it already has for many generations.
Reconfirm Bernanke? And do it as they certainly will pretending he is some wonderful economic godsend? This is absurd, dangerous and insane and will only insure things get worse. Much worse.
It is not time to reconfirm Bernanke. It is time to call out this ‘Federal Reserve’ criminal empire for what it really is and end it now.