CHESSNOID

There is a concerted effort to audit the Federal Reserve which is a bill sponsored by Ron Paul and has great support.

Ben Bernanke is doing some public relations campaign to prevent it.  Why do they want to keep everything a secret?  Especially when it affects the US economy and every American.   Watch this Ron Paul video because knowledge is power.

Audit the Fed – HR 1207 and S 604

Just a reminder who Ben Bernanke is:

Bernanke says no Recession

Both Bernanke and Paulson refused to believe a possibility of a recession let alone utter the word.  Well, you can’t prepare for it or fix the problem if you don’t think it exists.

NEW YORK (CNNMoney.com) –

Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson both acknowledged problems in the U.S. economy Thursday, but both said they believe the nation will avoid falling into recession.

The two made their comments at a hearing before the Senate Banking Committee about the economy. Their testimony comes in the wake of troubling economic readings that have raised recession fears on Wall Street.

But while Paulson and Bernanke repeatedly insisted they expect the economy to avoid shifting into reverse – thanks in part to a series of interest rate cuts by the Fed and a $170 billion economic stimulus package signed by President Bush Wednesday – they conceded the economy faces additional headwinds.

Why would President Obama think Bernanke is doing a good job when he is one of the people who got us into this mess along with Paulson and Greenspan?  Bernanke miserably failed in his duties and is still trying to hide the truth from the American people.  Why?  Why does he insist after the failure of his  actions and the Federal Reserve, the American people are too ignorant to know their secrets?  It doesn’t make any sense and his weak explanation is idiotic at best.