This was the news for Bernanke, just last month « It Wasn’t A ‘Coup’Headed to National Socialism » Bernanke under fire as lawmakers call for probe of Fed role in BofA merger By DCT | July 13, 2009 Latest Daily Bell Issue 346 • Monday, July 13, 2009 “If Congress has the right under the Constitution to issue paper money, it was given to be used by themselves, not to be delegated to individuals or corporations.” - Andrew Jackson House lawmakers are calling for an investigation of the Federal Reserve’s conduct in Bank of America Corp.’s takeover of Merrill Lynch & Co. before they consider granting more powers to the central bank. In a letter to President Barack Obama, 14 Republicans and three Democrats said there is a “considerable amount” of evidence that calls into question Federal Reserve Chairman Ben S. Bernanke’s testimony (pictured left) last month that the Fed didn’t put undue pressure on executives to carry out the takeover. The letter was released by Representative Scott Garrett, a New Jersey Republican on the House Financial Services Committee, which will consider the measure to expand the Fed’s authority. Obama wants to give the Fed more power to oversee the largest and most interconnected financial institutions as part of a plan to overhaul regulation. Lawmakers from both parties have raised concerns about giving the Fed additional oversight powers. - Bloomberg Dominant Social Theme: All must be held accountable. Free-Market Analysis: We’ve written the Federal Reserve is on the downswing and in a fairly big way. We traced the initial impetus to the Internet, which has exposed what central banking actually is (price-fixing) to tens of millions. The specific trigger mechanism is to be seen on the Internet where Federal Reserve Inspector General Elizabeth Coleman splutters through a lamentable confession that she has no idea where up to US$9 trillion in Federal Reserve disbursements ended up. These two youtube.com clips have some two million views between them and counting. Now comes this report that Ben Bernanke has antagonized Congress to the point where the Fed’s usual allies are coming undone. The Fed’s additional challenges include a concerted effort to have it audited in a serious fashion and a lawsuit from Bloomberg which the news services reports on as follows: Bloomberg requested details of Fed lending under the Freedom of Information Act and filed a federal lawsuit against the central bank Nov. 7 seeking to force disclosure of borrower banks and their collateral. Arguments in the suit may be heard as soon as this month, according to the court docket. Bloomberg asked the Treasury in an FOIA request Jan. 28 for a detailed list of the securities it planned to guarantee for Citigroup and Bank of America. Bloomberg hasn’t received a response to the request. full story; http://www.forfreedomssake.com/blog...rs-call-for-probe-of-fed-role-in-bofa-merger/ Now just one month later the president has decided to reapoint this criminal, due to the gtrand capitalist illusory bubble in the stock market, a dangerous rise that usually has occured here and in other capitalist nations just before a depression. Keep in mind the jerks (Robert Rubin, Larry Summers)that destroyed the safe guard against another depression in this nation; The Glass Steagall Act, were appointed to manage the nations finances in January 2009 Now what do these three crooks have in common with Goldman Sachs???????