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What Bernanke Really Said

jlindquist Wrote: Aug 25, 2012 12:59 PM
Molly, Bernanke does what his puppet masters tell him to do. That is why the Fed isn't audited. Secretly loans are given to private interests using tax payer money & the Fed is not held accountable. "Quantitative easing" is a gimmick that may provide temporary relief using borrowed money but in the long run devalues the dollar & increases the national debt while the Fed cronies become wealthier.

The non-news of the day is Bernanke says scope for more Fed easing

Federal Reserve Chairman Ben Bernanke says there’s room for the central bank to take more action in responding to critical questions from a top lawmaker on Capitol Hill.

Bernanke’s letter to Darrell Issa, the California Republican who heads the House Oversight and Government Reform committee, was dated Wednesday and obtained by MarketWatch on Friday. Issa had written Bernanke at the beginning of August...