Bernanke was Fed chairman when the housing bubble, created by his predecessor Alan Greenspan in the wake of the bursting of Greenspan’s tech bubble and the 9-11 attacks, exploded. When the housing market collapsed, Bernanke worked with Congress and the Bush administration to bail out big banks and Wall Street firms.
The post Destroy the Economy, Win a Nobel first appeared on Tenth Amendment Center.
The facts about our ECONOMIC UPHEAVAL. In 1910 the heads of the wealthy banking families, along with Senator Acworth (a very corrupt republican senator who was heading the banking and ways committee) met at Jekyll Island and concocted the Federal Reserve. In 1913 democratic senators were paid by the banking families to propose and pass […]
Former FDIC Chairman Sheila Bair demonstrates a talent for crafting a withering turn of phrase in her new book as noted earlier in Washington Wire. Here is a brief list of some of her top zingers.
Note: This article was written before the October 3, 2012 Presidential debate in Denver, but my belief that it will remain unasked in the next two debates persists, and the subject, still relevant. This is only one of the questions (I’m fudging…it’s two) I, as a voter would like to have answered in either tonight’s… more
The 47% referred to by the Marxist media, are being lead around like a Holstein bull with a ring in his nose. Once this dirt cloud blows through, that the politicians in America have created . What will America look like once the dirt settles, or will it ever settle? 
Federal Reserve Chairman Ben Bernanke appeared on 60 Minutes this week, apparently to soothe Americans’ concerns. This of course, is a necessary PR effort at this point. Wonder if that PR firm the Fed hired in 2009 advised Bernanke to make the appearance? Perhaps, although these efforts don’t appear to be working all that well. [...]
Here at the Daily Bell, we long ago adopted the position that the Great Recession of the late first-decade of the 2000s is nothing like previous economic downturns. Several years ago we came to the conclusion that this crisis marked the unraveling of t...
We have no idea how the Wall Street Journal came up with this blog singing the praises of Bernanke. But we have excerpted the article above and used its rhetoric as an example of a specific trend. It shows once again how the elite seems immune to oppos...
I want you to meet Phred, who is the author of Americanlyyours.com blog. He is working hard on matters to Audit the Fed and I wanted him to share some…