Alan Grayson questions Bernake

Alan Grayson, Democrat from Florida’s Eighth District, questioned Bernake before the House Financial Services Committee. During the five-minute video, it is revealed that the Federal Reserve “central bank liquidity swap” went from 24-billion dollars to over a half-of-a-trillion dollars and that Barney Franks, the head of the committee, does not know when the Federal Reserve was instituted. Federal Reserve Board Chairman Ben Bernake, who apologized for accidentally causing the “Great Depression,” explains the money laundering scheme provided by Section 14 of the Federal Reserve Act. Of course, Franks runs an orderly shop and cut the gentleman from Florida off before he could get any deeper.
The “Fed” is receiving much heat, lately, because of loopholes that deny the House of Representatives—a body elected by the people of the United States—the ability to audit the Federal Reserve Board—non-elected officials that have no oversight or accountability. This may end with the passage of H.R. 1207 introduced by Ron Paul of Texas.

Watch Video

Related: Bernake prints money

This entry was posted in From the 51st State and tagged . Bookmark the permalink.

One Response to Alan Grayson questions Bernake

  1. Mark says:

    Just another step closer to ” Sieg Heil!”

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s