Text of Barney Frank's Letter to Ben Bernanke on Fed Corruption
Submitted by Michael Nystrom on Wed, 03/10/2010 - 11:12March 3, 2010
The Honorable Ben S. Bernanke
Chairman
Board of Governors of the Federal Reserve System
Washington, DC 20551
Dear Mr. Chairman,
During your Humphrey-Hawkins testimony before this Committee last week, Representative Ron Paul raised questions about inappropriate political interference with the Federal Reserve System resulting in hidden transfers of resources to facilitate crimes during the Watergate scandal in the 1970s, and to Iraq for weapons purchases during the 1980s. These are serious allegations and must be fully investigated. I expect that you will do so promptly, and share the results of your investigation with Congress.
Given the continued concern about political interference with the Federal Reserve System and allegations about a lack of transparency, these charges cannot be left unaddressed.
Representative Paul cited reports and stonewalled investigations regarding these charges, and, with this letter, I am asking him to share with you whatever information he has that may facilitate your investigation.
The Federal Reserve's ability to manage monetary policy in an effective manner depends, in large part, on its reputation for independence and integrity. A complete investigation of these charges is necessary to maintain both.
Barney Frank, Chairman
cc: Representative Ron Paul
I am glad to see this formal request
Hopefully, something will come of it. With that said, I will not let up on any personal pressure I can bring to bear on Audit the FED because (to quote the good doctor): I HAVE VERY LOW EXPECTATIONS.
This is a JOKE
I'm sure we'll get to the bottom of things now. LMFAO. Barney sends Uncle Ben a postcard. Oh yeah, the fed will now incriminate themselves. Because Barney sent them a letter. Yeah.
this is posturing to quiet the noise..
the issues that frank asked about will not change the minds of dodd(he is looking for legacy legislation to enshrine him with the greats.audit would not be good) gregg corker etc.. or the 70 ~senators who have not signed.... and all the other senators that are doing the bill that HR 1207 is now attached to..sad but true..another cloud in the sky only to be seen today gone tomorrow..note.I called. corker. gregg . frank. collins. snowe and dodd...DID YOU ???????????????????????????????????????????????????????
The good doctor
does not ask a question he does not know the answer to.
Bernanke is going to regret the day he decided to mock Ron Paul.
Ron Paul's a fighter (see the Morton Downey Jr. video on Youtube).
I wonder if Barney
sent this with delivery confirmation. Dear Ben lets do lunch, your buddy Barney. Take them away!!!!!!
9/11 was an inside job .....time to get some answers..RP 2012
There's no timeline-
To me this is a request. Where the Demands?
Better than nothing...
but, I still do not trust this immoral traitor.
"Necessity is the plea for every infringement of human freedom. It is argument of tyrants. It is the creed of slaves." William Pitt in the House of Commons November 18, 1783
"I have one word for you...predator drones. Oh, you think I'm kidding?" Obombya
I'm pleased that
Frank is following up.
Thanks for posting.
I don't have much faith in
I don't have much faith in Barnie. He voted no for the audit. He may not push this issue any harder. This is only s step to gain votes and nothing more.
Focus on auditing the Fed ... everything else is a distraction.
Agreed.
Do not trust.
Here is a summary
Dear Fox,
Have you been in the hen house?
Your Friend,
Barney
http://2-by-sea.blogspot.com/
Theories Conspiracy... The Guilty Will Tell What They Want
Uncle Ben and the boys will tell you what they what. Then we will know in their own words. My sense of what they want is more power. More power to print legal tender (Smart/Dumb cards; Smart/Dumb chips; more complicated taxes; more complicated regulations; more dependence on banking; etc.).
"We the People" must audit the Fed. End the Fed. Be ever vigilant of money changers.
Only 4 cents left of their faith based currency Fed Resv. Notes "We the People" allowed them to print since 1913.
Fed Resv. integrity? Oxymoron.
One page summary of the Fed and Friends, monopoly upon monopoly: http://www.dailypaul.com/node/127832
Fed Resv. reputation? In the eyes of the beholder.
Beware of UN, IMF, Worldbank, etc.
"We the People" must go back to using honest money. Honest money that we own and regulate! Mises.org is a start. Pack a lunch, for it is a long road ahead before I rest.
God's speed.
Mark Twain Posts 1835-1910-To-be-continued...
Daily Paul ☑ Ron Paul, 2012 ☑
Uncle Ben and the boys will
Uncle Ben and the boys will tell you what they what.
However this looks like: They're going to be required to tell something, under oath and subject to perjury penalties if it turns out they lied. It's not "audit the fed". But it's a start.
(And Barney & friends are likely to push on it because it's Rs that get the fallout. Smart move, Ron.)
"We the People" must audit the Fed.
Hear, hear!
= = = =
"Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job."
That means: For each job "created or saved" about five were destroyed.
Props to Barney Frank
I didn't expect this.
Yeah
credit where credit is due. I mean, we need all the help we can get, right?
Napolitano: "We need Ron Paul now!"
http://www.youtube.com/watch?v=3k3JNRTVI0Q
Barney and Dennis...
... two good Democrats...
Plano TX
Power corrupts.
Corruption depends on deception--audit the fed.
Good Vibe Benny
www.thinkgoodvibes.com
Yep. I'm sure Ben's investigation
will be fair and balanced....
Very interesting. Rep. Frank
Very interesting. Rep. Frank is not afraid to speak his mind, believe me, he's barked at me before. He's not the type to get in whispering meetings behind closed doors, so I doubt he already knows the answer to RP's allegations. If that's true, hold onto your hats. It now becomes possible (not probable) for the Fed to come forth with admissions of past 'shenanigans,' to use Dr. Paul's favorite word. And if that happens, the political will will exist to truly audit the Fed. And that is the first step toward sound money. Long shot, but very, very interesting.
The first 5 million supporters of Dr. Paul are 'early adopters.' The next 10 million will require a modified approach.
Well, let's hope Ben is
Well, let's hope Ben is forced to testify!
http://theconstitutionalists1.blogspot.com