BERNANKE threatening economic instability (collapse) if FED audited

[NorthernSanctuary]

“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.”

http://www.youtube.com/watch?v=rjULF_Xg6Ps&eurl=http%3A%2F%2Fwww%2Egodlikeproductions%2Ecom%2 Fforum1%2Fmessage825716%2Fpg1&feature=player_embedded

[Seashore]

Yeah! A semblance of the Constitutional role of Congress regarding currency!!

[pineal-pilot-in merkabah]

yes that the idea mr bernanke, the american people see where the 14.8 trillion went to, offshore ,banks the worold govt (UN). thats the idea it get audited and the economy implodes totally and you start again with gold/silver standard.

BYE BYE FEDERAL RESERVE :lightsabre:

[Northern Boy]

I think what BEN is really saying goes more like this

“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 Club FED would be highly destructive to the stability of the Bogus financial system, the FED NOTES and our economic situation.”



Thanks for the Threat Ben ! Let the Audit begin

[Anchor]

What an idiot, this is hilarious. The man might just as well write "LIAR" on his forehead :)

This is truly an amazing turn of events.

Cosmic !

A..

[Northern Boy]

What an idiot, this is hilarious. The man might just as well write "LIAR" on his forehead :)

This is truly an amazing turn of events.

Cosmic !

A..

He`s more than likely tried to several times but when he looks in the Mirror he can`t figure out why it`s spelled backwards

[JesterTerrestrial]

hahaha KEEP IT "RAIL" :mfr_lol:


http://i588.photobucket.com/albums/ss328/JesterTerrestrial/end.jpg

[Tango]

He is just a STOOGE... Reallly a citizen of isreal, working for the FR...
Just an employee of Rothchild N Rockerfeller... Sitting in a Corporate
chair... The mouth piece... Aren

He has NO POWER... Just words... nother, thief from Rothchild just like
Soros... Is nother agent... aren t even his words. Show him the door...
What do the kids say " kick him to the Curb "...

Trooly,


Tango


What an idiot, this is hilarious. The man might just as well write "LIAR" on his forehead :)

This is truly an amazing turn of events.

Cosmic !

A..

[no caste]

Does this guy listen to himself? :mfr_omg: (hello? bernanke? anyone in there?)

http://www.institutionaladvisors.com/images/PROMOTION4-Econ101w.jpg

http://www.institutionaladvisors.com/images/BARNUM4w.jpg

http://www.institutionaladvisors.com/humour.htm

[orthodoxymoron]

Translation: 'You just don't understand that we have been dealing with the devil...and have hell to pay. How in the hell are we going to pay for the Deep Underground Military Bases and the Secret Space Program? Cocaine sales have been flat...and just won't cover the costs. The aliens are going to be livid.' :mad3: The empire might strike back. We're screwed.'

[Seashore]

Translation: 'You don't understand that we have been dealing with the devil...and have hell to pay. How in the hell are we going to pay for the Deep Underground Military Bases and the Secret Space Program? Cocaine sales have been flat...and just won't cover the costs. The aliens are going to be livid.' :mad3: The empire might strike. We're screwed.'

Are you referring to the beings that the Illuminati answer to?

[shred]

You can tell , he's trying to scare congress into not pursueing the bill.

By the way , isnt congress suppose to be issuing currency according to the bill of rights / constitution ? Wasnt that the intention of our for fathers ? to keep the power to issue currency out of private corp hands ?


peace & love

Shred

[Seashore]

An article (http://www.prisonplanet.com/senate-blocks-bill-to-audit-the-fed-as-government-prepares-for-second-round-of-looting.html) from the website Prison Planet:


Senate Blocks Bill To Audit The Fed As Government Prepares For Second Round Of Looting

Senator Jim DeMint slams Fed’s monopoly, questions where trillions in bailout funds has gone

http://www.prisonplanet.com/images/july2009/070709top.jpg


By Paul Joseph Watson
July 7, 2009

A Senate amendment based on Congressman Ron Paul’s successful House bill to audit the Federal Reserve was blocked by the Senate yesterday evening on procedural grounds, as Jim DeMint slammed the Fed for refusing to disclose where trillions in bailout funds had gone, while a top Obama administration advisor called for a second “stimulus” package to be prepared.

Republican Senator DeMint had attempted to get a provision attached to the 2010 spending bill that would have removed restrictions on auditing the Fed’s discount window operations, funding facilities, open market operations and agreements with foreign central banks and governments.

However, the amendment was blocked by Senate authorities who claimed that it violated rules for provisions attached to spending bills.

Of course, when the elite want to get their own legislation rammed through, such as the recent climate bill in the House, it’s perfectly fine for Congressmembers to be prevented from even reading it, for it to have 300 pages added at 3am in the morning before the vote, and for all kinds of pork barrel to be attached. But God forbid should representatives actually try to pass something that would benefit the American people and not the private bankers that are beyond all scrutiny and above the law.

DeMint said that the Fed has enjoyed a monopoly over money and credit in the United States since 1913 yet has never been transparent or accountable to Congress, while during that time the dollar has lost 95% of its purchasing power.

“The Federal Reserve will create and disburse trillions of dollars in response to our current financial crisis,” DeMint said. “Americans across the nation, regardless of their opinion on the bailout, want to know where the money has gone,” he added, referring to the Fed’s refusal to disclose where trillions in bailout funds has gone.

“Allowing the Fed to operate our nation’s monetary system in almost complete secrecy leads to abuse, inflation and a lower quality of life,” said DeMint.

A Reuters article about the Senate’s move to block the bill said that the Federal Reserve was “facing growing pressure as it tries to heal the ailing economy.”

In reality, the Federal Reserve has done nothing to “heal” the economy as unemployment outstrips expectations and the financial picture only looks bleaker every day. The private, run for profit Fed has taken trillions in “stimulus” funds and refused to even divulge where it has gone, even under threat of lawsuits file by Bloomberg.

Meanwhile, people like Ben Bernanke have committed financial terrorism by threatening an economic collapse if the Fed is allowed to be audited.

Any real audit of the Fed would of course create a giant roadblock for the Obama administration’s plans to launch a whole new program of looting and grand larceny in the guise of a second “stimulus” package.

“We should be planning on a contingency basis for a second round of stimulus,” Laura D’Andrea Tyson, a member of the panel advising President Barack Obama on tackling the economic crisis, said on Tuesday,” reports CNBC.

This is precisely why Senate authorities, bought and paid for by the private bankers that now own the United States, have blocked efforts to audit the Fed, because they know that the fallout will spell disaster for their place on the power peanut gallery and in turn end the ceaseless feasting at the trough of the battered, bruised and shaken-down American taxpayer.

Watch a clip of DeMint’s comments on the Senate floor yesterday.

YouTube - DeMint amendment to audit the Federal Reserve blocked by Senate Leadership

[orthodoxymoron]

Are you referring to the beings that the Illuminati answer to?

I am referring to the beings who I think the City States take orders from. 'Mork...would you like me to supersize that DUMB?'

Shame on them for blocking a GAO audit of the FED! I see red flags and smoking guns everywhere! I think a whole lotta people and aliens should leave town as quickly as possible!

Maybe these mothers should book a one-way flight on the next mothership to Nibiru...

[Seashore]

I am referring to the beings who I think the City States take orders from. 'Supersize that DUMB sir?'

Physical beings living underground?

[Anchor]

The actions of the FED and the senate are simply staggering. They might as well just tell the truth now, it must be so obvious that they are lying.

A..

[no caste]

Cocaine sales have been flat...and just won't cover the costs. The aliens are going to be livid.

orthodoxymoron - You crack me up :mfr_lol: :original: {livid} :lmao:

I heard from an accountant that there is a difference between financial and operational audits. The latter can be very complicated, messy, time-consuming, disruptive, even if things are all legit. Maybe this is what Bernanke is anticipating, in addition to the corruption.

[orthodoxymoron]

no caste: DC-10's crack me up!(old bad joke)

The GAO should open up branch offices in each of the Federal Reserve Banks.

How do we remove the cancer which is growing on the world...without destroying the world? This is a very important question.

What would it take to 'nationalize' the FED? You know...just make all of the FED employees...employees of the U.S. Government...and buy all of the FED equipment and buildings...with fiat money hot off the printing press! Then...gradually introduce silver-backed currency. And keep the GAO in house at all times!

And how about eliminating those damn tax forms and tax collectors...and charging a 5% national sales tax to finance the government, military, etc...with cash!