Bernanke goes to Capitol Hill

December 2, 2009

The Bernanke confirmation hearing should be a great show, especially after BB’s “speaking truth to power” WaPo op-ed where he went all Michale Corleone on Fed critics: “Senator? You can have my answer now, if you like. My final offer is this: nothing. Not even the Fed audit bill, which I would appreciate if you would kill personally.”  Former Feddies are split on whether that was the right move or if he should have been more conciliatory ….


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This will be a good watch. Thank you for this tip. Do you have any idea when this will be on? I assume CSPAN?

Posted by James | Report as abusive

The federal reserve has stolen trillions of dollars from the american people for their banking buddies, and then they have audacity to say that we should be grateful to them for saving us from the fiasco that they created in the first place.The federal reserve is a collection of arrogant appointed officials who have forgotten that the United States is still a democratic republic.Defenders of this banking cabal often say that we must preserve the federal reserves’ independence.Independence from what, the truth? Was the fed being independent when they allow big banks like Goldman Sachs and JP Morgan to hand pick their governors? Was the fed being independent when they accepted billions in worthless collateral from, guess who, their banking buddies? Is the federal reserve being independent this very day by paying billions in interest to guess who, their banking buddies for doing nothing!I could write all day about the multitude of crimes committed by these miscreants at the federal reserve.The time has come to teach these purveyors of misery a very permanent lesson of humility.They will learn their place in this world or they will be removed from it!

Posted by WM Kirby | Report as abusive

15 must-ask questions for Bernanke:http://cunningrealist.blogspot. com/2009/11/rewarding-failure.htmlhow about reading these verbatim in the hearing??

Posted by Michael | Report as abusive