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BEN BERNANKE / A STOOGE FOR THE OLIGARCHY
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John Bolton was the stooge for the Cheney/ Bush administration ~ the guy they could count on to ruffle the UN's feathers and remind them who ran the world. Ben Bernanke is the inherited stooge for the Obama administration ~ the guy the oligarchy can count on to remind the world who controls the still unaudited money supply: Allen L Roland
It was Ben Bernanke who said last week ~ " From a technical perspective, the recession is very likely over at this point " but Bernanke is speaking for the Wall Street Corporate Oligarchy who feel they dodged a bullet while Main Street has been run over by a deepening Recession/Depression.
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It was George Orwell who wrote (1984 ) ~ "The essence of oligarchical rule is not father-to-son inheritance, but the persistence of a certain world-view and a certain way of life ... A ruling group is a ruling group so long as it can nominate its successors... Who wields power is not important, provided that the hierarchical structure remains always the same."
Ben Bernanke is a stooge for the powerful few ~ which is the definition of an Oligarchy ( the tyranny of the Elites ). Wall Street owes the survival of it's recent near death experience to Bernanke who poured trillions of dollars into its rotting black hole of toxic debt to keep it afloat ~ in order to maintain a certain way of life for the financial elite of the Oligarchy.
But we also still have the question of two trillion unaccountable and unaudited dollars that the Fed has lent and Bernanke will not disclose how much money it lent to specific banks or under what terms the money was issued. That secret lending is equal to two-thirds of the federal budget !
Partly in response to this huge unregulated increase in the Fed's power more than 270 representatives in Congress have co-sponsored a bill that would have the Government Accountability Office audit the Fed. In principle, this audit would examine the Fed's loans and report back to the relevant congressional committees, which could decide to make this information public.
Ron Paul's bill to audit the Federal Reserve (HR 1207) now has 290 co-sponsors, and the numbers keep growing! HR 1207's companion bill in the Senate, S 604, has already attracted 25 co-sponsors.
But let's talk about Bernanke ~ Graham Summers writes that Ben Bernanke, contrary to popular belief, most certainly did not save America's economic system ~ " Indeed, anyone looking to proclaim Bernanke as a savior should review the below video which shows that the guy DIDN’T HAVE A CLUE about the financial system/ economy from 2005-2007. Just watch the below video ~ and prepare to see an Ivy-league educated guy who’s in charge of our monetary system NOT see the biggest housing bubble in US history OR the worst financial crisis since the ‘30s (an era on which he is an alleged expert). " 5 minute Video of Bernanke’s mistakes: http://www.youtube.com/watch?v=HQ79Pt2GNJo
Main Street has been run over by a truck which is being driven by the global elite ( America's Oligarchy ) and its stooge is Ben Bernanke. To Bernanke, Main Street's economic devastation was simply Road Kill on the way toward a well orchestrated global bailout and coup by the financial elite .
Tell everyone you know about HR 1207 and S 604 ask them to support the bills and to contact their representative as well.
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