“Bernanke Threatens The Congress” We will cause an Economic Collapse if you audit the Fed!

Published on Jun 25, 2009

I have also included this link, how Banking works:
http://www.youtube.com/watch?v=iFDe5k…

Rep. Duncan questioned Federal Reserve chairman Ben Bernanke on Thursday about what his opinion of a majority in Congress who have co-sponsored Ron Pauls bill to audit the Federal Reserve.
Bernanke clearly regarded the bills intent as hostile to the institution he represents:
“My concern about the legislation is that if the GAO is auditing not only the operational aspects of the programs and the details of the programs but making judgments about our policy decisions would effectively be a takeover of policy by the Congress and a repudiation of the Federal Reserve would be highly destructive to the stability of the financial system, the Dollar and our national economic situation.”
The brunt of Bernankes statement is as crystal clear as a threat from a common street thug back off from the Fed, or the economy gets it.
The chairman clearly implies that any attempt to restore monetary powers constitutionally granted to the Congress would be seen as a “takeover” and that the defensive and “repudiated” Fed would respond destructively.
Of course Congress constitutional power over money is in the U.S. Constitution:
The Congress shall have power To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
Bernankes open use of financial terrorism in the face of Congress blatant Constitutional authority is absurd and despicable.

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This entry was posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political and tagged , , , , , , , . Bookmark the permalink.

2 Responses to “Bernanke Threatens The Congress” We will cause an Economic Collapse if you audit the Fed!

  1. carpingaround says:

    The second he starts threatening to crash the economy, he should be slapped in handcuffs and thrown into preventative detention. If these scumbags actually decide to do it they can be dealt with in the same way. However, the fact that they didn’t do this merely shows us the type of cowards and blowhards that populate the legislative branch of the government. This is totally unacceptable and the fact that they didn’t deal with it this way merely makes it obvious to everyone.

  2. Thomas Widlar says:

    Wall Street does the same thing, try to regulate us and we will crash the economy. That’s how Bush and Paulsen “sold” the first bailout and Obama helped push it through and way upped their ransom and tribute.

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