Thread: Bernanke Threatens Economic Collapse If Fed Audited

Bernanke Threatens Economic Collapse If Fed Audited

Aaron Dykes
Infowars
Friday, June 26, 2009

Federal Reserve chairman Ben Bernanke unleashed an alarming veiled threat of financial terrorism when he was questioned by Rep. Duncan on Thursday about his response to the fact that a majority of Congress co-sponsoring Ron Paul’s H.R. 1207 bill to audit the Federal Reserve.

Bernanke clearly regarded the bill’s 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.â€

Another threat of catastrophe. If we don't do this or that, the sky will fall. He is just afraid we will catch his corrupt self. We need to abolish the fed.

They have already reeked havoc with our economy. Of course, I'm not real happy about our congress taking over either. They have done a good job of screwing the economy themselves.

The Fed is too big to fell. Oh well

In this video. Same as the one above but a different title.


Bernanke warns that meddling with Fed's monetary policy cause harm economy



A poster on YouTube wrote;

Amy31415 (4 hours ago)

"A takeover of monetary policy by the Congress."

Is it not article 1, section 8 of the Constitution that states that ONLY THE CONGRESS has the ability to produce and regulate the value of money?

I want the audit but I cringe when I think of Congress being in control so here we have a case of who is the lesser of the "Two Evils" ? Hmmmm ?????

They aren't suppose to control the ecconomy.


Just coin money.

Real money.

You do that and the economy takes care of itself.

More Bush scare tactics that were created after 9/11. Unfortunately, the general public still buys it.

The reserve needs an audit in the worst way. We need to know what Obama and his cronies are doing with OUR money.