"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Friday, March 06, 2009

When asked a difficult question , refuse to answer or lie - that's what bankers do - especially Fed Chairmen

Vermont Sen. Bernie Sanders, an independent who usually votes with the Democrats, tackled Federal Reserve Chairman Ben Bernanke and said he found it "unacceptable" that the central bank risked taxpayer money without detailing where the funds went.

"My question to you is, will you tell the American people to whom you lent $2.2 trillion of their dollars?" Sanders asked ..... referring to the size of the Fed's balance sheet.

When Sanders pressed on whether Bernanke would name the firms that borrowed from the Fed, the central bank chairman replied, "No."

Vermont Public Radio has the transcript of the exact exchange.

So now you know that Congress does NOT run the United States ... Uncle Ben's Lies will do instead.

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(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish