« “Free yourselves from the shackles of Israeli pressure”, the man saidSeparatism and Class Politics in Latin America »

BEN BERNANKE - A STOOGE FOR THE OLIGARCHY

September 22nd, 2009

Allen L Roland

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:

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.

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 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:

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.

http://www.ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207/
Capitol Switchboard: (202) 224-3121 Enter your zip code to contact your representative:

-###-

Allen L Roland http://blogs.salon.com/0002255/2009/09/21.html

Freelance Online columnist and psychotherapist Allen L Roland is available for comments, interviews, speaking engagements and private consultations ( allen@allenroland.com )

Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his weblog and website allenroland.com He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net

Cartoon courtesy of Tom Toles / Washington Post

Allen Roland’s weblog: http://blogs.salon.com/0002255/
Website: www.allenroland.com
ONLY THE TRUTH IS REVOLUTIONARY

No feedback yet

Voices

Voices

  • Ned Lud Parade, Protest & Projectile We are urgently called—by custom, media, or the relentless churn of the day—to witness. Witness the parade. Witness the war. Witness the ticker inching past news of missiles, of cities ravaged, of another speech…
  • Ned Lud Israel has an unusual pastime. He likes to provoke fights in bars—specifically with bouncers. Not with patrons in general, not with pool sharks or irate drunks, but full-time bouncers, men carved out of concrete and protein powder, schooled in…
  • Paul Craig Roberts "The most significant fact of our time is that the entire Western World is a dead man walking..." Democrats for many long years have imposed race and gender privileges, which violate the 14th Amendment’s requirement of equal…
  • Fred Gransville The climb of fascism in the United States was not born from a single event, nor was it the result of some sudden, dramatic cultural shift. Rather, it emerged through a slow, relentless erosion of democratic institutions, camouflaged…
  • By David Swanson I recommend reading Charlottesville: An American Story by Deborah Baker. Itʼs an account, of course, not of all aspects of the city of Charlottesville, but principally of the Nazi-KKK-White Supremacist riot of 2017 that has taken on the…
  • By Ned Lud They don’t need jackboots when they have behavioral analytics. The war on speech has gone stealth. Once, repression was crude—clubs, tear gas, blacklists. Now, a fusion of military-grade surveillance and corporate-state platforms executes the…
  • by Tracy Turner In the besieged killing field territories of Gaza, survival has become a nightmare. The siege blockade, far from being mere policy, has morphed into an insidious engine of deliberate starvation-its mechanism fine-tuned to crush the will…
  • Paul Craig Roberts Belaya air base Russia The attack on Russian strategic forces by Ukraine, with or without President Trump’s knowledge and with or without help from Washington and the British, could have been the most dangerous event in East-West…
  • By Chris Spencer The architecture of censorship in the 21st century is not built of iron bars or smoldering books. It is invisible by design—engineered into the digital substrate of everyday life, encoded in autocomplete predictions, invisible filters,…
  • META/Facebook Shadow Protocols: Web Weaponized Against Palestinian Genocide Discourse Ned Lud Spoiler alert: Not Muslim. Not affiliated with Hamas. And definitely not an Islamophobe. Like Zuckerberg.  This information is backed by reports from…
June 2025
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30          

  XML Feeds

CMS with Bootstrap
FAIR USE NOTICE: This site contains copyrighted articles and information about environmental, political, human rights, economic, democratic, scientific, and social justice issues, etc. This news and information is displayed without profit for educational purposes, in accordance with, Title 17 U.S.C. Section 107 of the US Copyright Law. Thepeoplesvoice.org is a non-advocacy internet web site, edited by non-affiliated U.S. citizens. editor
ozlu Sozler GereksizGercek Hava Durumu Firma Rehberi Hava Durumu Firma Rehberi E-okul Veli Firma Rehberi