Ron Paul Scolds Bernanke For Skipping Congressional Financial Hearings

Fed Chairman dodges Congress in favor of secretive euro bankers confab

Steve Watson
Infowars.net
Wednesday, Jan 14th, 2009

Texas Congressman Ron Paul has slammed Federal Reserve Chairman Ben Bernanke for his decision to skip Congressional Financial Services hearings in favor of secretive meetings with European central bankers.

The hearings, which took place yesterday, incorporated discussions on the TARP funds, the additional $350 billion being requested by the Treasury from Congress.

“At the very last minute, the chairman of the Federal Reserve Board, Bernanke has cancelled, as well as Sheila Bear, who is the chairwoman of the FDIC, she will not show up either.” Paul told viewers of his video blog on the Campaign for Liberty website.

“But here I find out that they have a much more important meeting,” the Congressman added with a degree of irony.

“They are going to Basel Switzerland to attend the meeting at the Bank of International Settlements, with other international bankers.” Paul explained.

The meetings in Basel, chaired by the European Central Bank president Jean-Claude Trichet, have been ongoing this week, yet very little details over what has been discussed have emerged in the media.

“But here it is, an emergency meeting for them to run off to Europe and talk about monetary policy and who knows what. One thing for sure is that the people will never hear. As a matter of fact the people in the Congress won’t hear either.” Paul asserted.

“Who knows what they are planning?” The Congressman said. “I will do my darndest to find out what really went on at these meetings that they are holding over in Switzerland right now with all the central bankers.”

“All we do know is that at the very last minute Congress meant nothing to them for them to meet their commitment.” Paul added, pointing out that the pair also skipped meetings with the Financial Services Committee last Wednesday.

The Congressman explained that there is now an ongoing debate, over what should be done with the remaining bailout money, that has completely overshadowed the core issue of why the taxpayer is being asked to give up the money in the first instance.

Watch the video:

http://www.youtube.com/watch?v=ETx6wW1C04g&eurl=http://www.prisonplanet.com/ron-paul-scolds-bernanke-for-skipping-congressional-financial-hearings.html

mmm - you know, makes me wonder! The sloppy accounting records of the "bail out money" and the reports of massive amounts going to bonuses and share holders, etc. I wonder how much is being "invested" for shares in a new form of currency? Not sure how, obviously not as easy as buying/investing in market shares of gold or silver, but it must be out there in some form.

Google Amero and see what you get.

Massive amounts given (or may-be not) to secret banks.
Just sitting there.

Massive amounts of money flowing into treasuries at (sometimes) negative rates!

What do connected people know that we don't?

Let us see... If dollar is to be debased, then so are treasuries, as they will pay out in nominal dollars, except, if dollars in conversation will be changed to amero say 10 to one, while treasuries pay out in ameros 1 to 1.


So, are all these bucks hiding in treasuries for a reason, or bunch of people just want to loan it to govt. and pay for it (negative rates!)?

When you can watch idiots jumping the gun and talking about this sort of thing on the Fox Business or MsNbc, when Vincente Fox goes on shows and champions the NAU, I think you'll come to the realization that the money hording going on with the TARP money is a manufactured deal designed to prolong the exposure to the economic cancer created by Federal Reserve Bubbles. This in turn, in my opinion is going to be used as a pretext for "Currency reform", however it's not going to be the good kind, it's going to be the Globalists kind.