Ben Bernanke’s Love Letters to Congress
October 1st, 2012Money Monday
Whether it’s QE Infinity, $40 billion a month in stimulus money, or $16 trillion in secret loans to foreign banks, it seems that all eyes are on the Federal Reserve lately. The veil is lifting and every day more people are waking up to how manipulations of the money supply and interest rates are systematically collapsing anything that ever resembled a free market in the US. Much of Congress remains the loyal lap dogs of their banking masters, and Fed Chairman Ben Bernanke is not without gratitude for his faithful companions.
Thanks to a Freedom of Information Act request filed by Politico five thank you letters Bernanke sent to members of Congress that gave speeches against the Audit the Fed bill have come to light. The five recipients are known as well.
In the love letters Bernanke boasts that he never worried that the “Audit the Fed” bill would actually become law, but he was still extremely grateful to those shills that publically denounced the bill authored by Doctor Ron Paul.
Let’s just look at the text:
“While the outcome of the vote was not in doubt, your willingness to stand up for the independence of the Federal Reserve is greatly appreciated… Independence in monetary policy operations is now the norm for central banks around the world — and it would be a grave mistake were Congress to reverse the protection it provided to the Federal Reserve more than 30 years ago.”
The letters were sent to Representatives Barney Frank, Elijah Cummings, Melvin Watt, Carolyn Maloney and Steny Hoyer in July the day after the House voted 327-98 to pass the bill.
Barney Frank called the bill “an ideological agenda by a group of people who didn’t like what the Federal Reserve was doing.” Points for accuracy. Penalties for evil. It should come as no surprise that people being stolen from by the Fed have an “ideological agenda” to protect themselves from the theft.
Steny Hoyer worried that if the Fed was subjected to public scrutiny they would begin to, “make decisions based on political rather than economic considerations.” How do I swing that deal? I would love to keep all my finances secret from the government so that I could make all economic rather than political considerations. If that’s what “independence” means count me in.
Harry Reid said the Senate will not consider the bill this year, and expects the support for it to flounder in Congress after Paul retires. See, as a narcissist himself, Harry Reid subscribes the idea that successful movements require a charismatic leader. I guess he never heeded the warning expressed by Ron Paul himself that this movement isn’t about Ron Paul. He is only one small part of it.
The Revolution marches on, with or without Ron Paul, and certainly without Barney Frank, Elijah Cummings, Melvin Watt, Carolyn Maloney and Steny Hoyer. The separation of Bank and State is coming, and these parasites have sided with the Bank, against the people they supposedly represent.
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