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Bill Posey questions Ben Bernanke on federal reserve transparency

Jul 22, 2009 Ron Paul, economy, news, politics

During a hearing of the House Financial Services Committee, following Ron Paul, Bill Posey questions Ben Bernanke on inflation and Federal Reserve transparency.  My favorite part of this video is when Ben Bernanke says, “because, we have to be extraordinarily careful that the markets and the public don’t think that congress is trying to influence monetary policy decisions”.  Bernanke is showing just how scared he is that the fed is soon going to be opened up to a FULL GAO audit as per the language in HR 1207.  Why Bernanke feels that the PEOPLE should not be able to influence monetary policy, through their elected representatives, is far beyond me.

Watch and enjoy.

Also watch Ron Paul’s questioning of Ben Bernanke on the same day.

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This entry was posted on Wednesday, July 22nd, 2009 at 1:10 am and is filed under Ron Paul, economy, news, politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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