9 votes

Live Stream: Bernanke Testifies on the Hill - 10 am ET

Washington, DC | Wednesday, February 27, 2013

Federal Reserve Chairman Ben Bernanke appears for a second and final day on Capitol Hill, this time before the House Financial Services Committee, to deliver his semiannual Monetary Policy Report.

Bernanke testified on Tuesday before members of the Senate Banking Committee.

More here. Live stream at C-SPAN 3

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Interest ONLY paid on debt since 2001 over $4 TRILLION!

Borrowing worthless paper AT INTEREST and payin the money junkies TRILLIONS for NOTHING...is criminal! I wish Bernanke would be put in handcuffs and hauled off to jail.

2011

$454,393,280,417.03

2010

$413,954,825,362.17

2009

$383,071,060,815.42

2008

$451,154,049,950.63

2007

$429,977,998,108.20

2006

$405,872,109,315.83

2005

$352,350,252,507.90

2004

$321,566,323,971.29

2003

$318,148,529,151.51

2002

$332,536,958,599.42

2001

$359,507,635,242.41

Michael Nystrom's picture

Wow - $4 Trillion

They could have had the Iraq war paid off with that.

To be mean is never excusable, but there is some merit in knowing that one is; the most irreparable of vices is to do evil out of stupidity. - C.B.

Edit:

double post. Sorry guys.

If you don't know your rights, you don't have any.

There is no need to talk about Bernanke

or the Federal Reserve. Millions around the world know what the Fed and the IMF and all of the Central banks are doing, yet, most of us do nothing.

And why is that? Why do we BITCH about something so horrific and do nothing but talk about it?

Anyone? Bueller?

If you don't know your rights, you don't have any.

Insider trading for Congress is still legal

Obama Delays Ban on Members of Congress from Insider Trading until April 15th, 2013

http://www.dailypaul.com/266223/obama-delays-ban-on-members-...

Their plan is to muddle through for another 3+ years

Even after that...things will take years to recover. The only way "we the people" can force the issue and make the economy hit bottom so that we can regroup and begin a REAL recovery is for everyone to withdraw their money from the banks. JUST DO IT!

CROOKS!

Michael Nystrom's picture

Stock market doing the "Bernanke Bump"

SAN FRANCISCO (MarketWatch) — Expect stocks to finish higher after Federal Reserve Chairman Ben Bernanke gives his semiannual testimony to Congress on Tuesday and Wednesday, if history serves as any guide.

http://www.marketwatch.com/story/bernanke-bump-stocks-tend-t...

You heard it here first, from a story on a media property owned by the Wall Street Journal.

To be mean is never excusable, but there is some merit in knowing that one is; the most irreparable of vices is to do evil out of stupidity. - C.B.

Hey Mich~ael, Can You Do "The Bernanke Bump?"

lol...

Bump + 1 for the Chairman of the Board...

Michael Nystrom's picture

LOL

Looks like the market can... at least for now:

http://bigcharts.marketwatch.com/default.asp

To be mean is never excusable, but there is some merit in knowing that one is; the most irreparable of vices is to do evil out of stupidity. - C.B.
Michael Nystrom's picture

Market bump, but gold takes a dump

http://www.kitco.com/

Thanks Ben. Down $18 at the moment.

To be mean is never excusable, but there is some merit in knowing that one is; the most irreparable of vices is to do evil out of stupidity. - C.B.

Maxine Waters (Chronic Corrupt Member of Congress)

In the midst of a national financial catastrophe, Rep. Maxine Waters used her position as a senior member of Congress and member of the House Financial Services Committee to prevail upon Treasury officials to meet with OneUnited Bank. She never disclosed that her husband held stock in the bank.

Rep. Waters is an eleven-term member of Congress, representing California’s 35th congressional district. She is a senior member of the House Financial Services Committee.

Rep. Waters was included in CREW’s 2005 and 2006 Most Corrupt Report for unrelated matters, as well as in the 2009 report for her actions regarding OneUnited.

http://www.crewsmostcorrupt.org/mostcorrupt/entry/maxine-waters

bump!

.

"When the power of love overcomes the love of power, the world will know Peace." - Jimi Hendrix