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Imperium Watch: Banks, Soundproof No More

U.S. Sen. Bernie Sanders of Vermont calls out the Federal Reserve for coddling the country's biggest lenders.

Comments (3)
Thursday, March 26, 2009

Bernie Sanders, the democratic socialist U.S. senator from up the way in Vermont, has a refreshing way of talking turkey to and about the big banks.

Sanders recently had a set-to with Federal Reserve Chairman Ben Bernanke because Bernanke wouldn't tell Congress which banks have received federal aid outside the TARP bailout.

"Will you tell the American people to whom you lent $2.2 trillion of their dollars?" Sanders demanded at a Senate Budget Committee hearing.

Bernanke told Sanders he wouldn't give the names of the banks because having their names made public would make them feel stigmatized. Then, he said, they might be reluctant to borrow from the Federal Reserve.

(Question: would that be such a bad result? Maybe knowing that they couldn't borrow without making their identities known to the public that put up the money would make them quit pulling capers like buying and selling unsecured debt.)

Sanders said just what most Americans would have said: Too bad. To open the workings of the Federal Reserve to public view, he's pushing a bill called the Federal Reserve Transparency Act. (A bill with a similar name is being promoted in the House by Representative and former presidential candidate Ron Paul, who wants the Fed to be audited and the results of the audits to be made available to Congress.)

Sanders would use the legislation to create a website with the names of banks that have borrowed from the Federal Reserve since March 24, 2008, the amount of aid they got, the terms of each loan and the Fed's "specific rationale" for making it. This information, Sanders said, should be updated at least every 30 days.

Sanders said he had cash-strapped businessmen in his state who couldn't borrow from the Fed and damned well wanted to know who could. "I have a hard time understanding how you have put $2.2 trillion at risk without making those names available, those institutions public," Sanders said, adding that the secrecy was "unacceptable."

Comments (3)
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Hey Stephanie Kraft, good job beginning your article with misinformation. Bernie Sanders is an INDEPENDENT Senator from Vermont, not a DEMOCRAT. Furthermore, your awesome first sentence doesn't make sense: Bernie Sanders, the democratic socialist U.S. senator from up the way in Vermont, has a refreshing way of talking turkey to and about the big banks. What does "from up the way in Vermont" mean? How long did it take you to come up with that grabber? It's ignorant, lazy journalists like you who are dumbing down the electorate. The U.S. government should bail out the press and you should put some more effort into your articles. I write better than you.
Posted by Kucinicher on 4.1.09 at 12:34

Rothschilds Illuminati Federalism (Federalist, FED or FEDS)

Everything FEDERAL in USA is ROTHSCHILD ILLUMINATI

BUSH / Rockefeller / Brzezinski 3rd Reich created The Trilateral Commission

IG Farben / CEO Herman Schmitz / BUSH / Rockefeller / 3rd Reich / Standard Oil / INCO / Switzerland

Bush's Paid $80.000.00 2010 to Holocaust Survivors, Prescott Bush

Charged War Criminal 1945. Forced Slaves to make Steel for HITLER

@ Auschwitz Selisian Steel @ IG Farben Concentration Death Camp

Where he created Senators Congressmen Governors FEDERAL JUDGES

out of HITLERS Henchmen. Called the FED FEDS or FEDERALISTS

Altering our LAWS, Constitution Bill of Rights for their Preservation and

America's Demise.

Look up Trilateral, NWO, Bilderberger Members Do NOT VOTE Trilateral or NWO

Bilderberg

NWO

IMF

CFR

Rockefeller gave HITLER all the OIL for WW2, FORD produced Hitlers

Jet Engines and ALL HITLERS vehicles, considered HITLERS BACK BONE

GM also. GE also. All tatto's of WW2 slaves is IBM.

Renyolds Aluminum was on ALL HITLERS Planes and JETS

30% of ALL Dupont rubber produced in USA went to HITLER via

ALL FEDERALISTS, FED or FEDS. AntiAmerica High Treason Traitors

Rothschild declared WAR The Revolutionary War & Reason for the

The Boston Tea TAXES and Boston Tea Party. Financing his War Machine

against Napoleon @ Waterloo.

G.Washington called them FEDERALIST / LOYALIST same COUP.

Andrew Jackson Abolished The FEDERAL RESERVE and Federal Deficit

JFK Created Exec Order 11110 Abolishing The FEDERAL RESERVE

THESE Political Gangsters are YET Running and Ruining We The People of The United States of America

Way of Life. For Their preservation, United States is completely self sufficient.

Main Street does not need WALL STREET, Wall Street needs MAIN STREET. America Prospered most when The FEDERALISTS and FEDERALISM was Abolished.

FEDS constantly Engineering Depressions gives them reason to subdue the masses, Main Street to adhere to ROTHSCHILDS USURY The FEDERAL Reserve. ABOLISH the middle man, he is taking our TAXES at a nominal fee from The US TREASURY them IMPOSING Exorbitant TAXES and INTERESTS.

WHICH with out the FEDERAL RESERVE there would be NO FEDERAL TAXES. Just We The Peoples of The United States of America TAXES, US Treasury is FULLY capable of dispensing HER TAXES and USURY. FEDERAL RESERVE strips US TREASURY of that PROTOCOL.

FEDERALISTS get all their money Generated from the PEOPLE, The People Don't need a middle man to steal and corrupt via GENOCIDE. The People are the Strength of all Societies, it's time they realize that FACT. Stop Blatant High Treason Traitor Gangster Senators, Congressmen, Governors and FEDERAL JUDGES.

1st ZIONIST Tulmud Jesuit FEDERAL JUDGE was appointed by Woodrow Wilson Blackmailed and BRIBED for extra marital affair with associates wife at YALE. Plus $40K.

A Federal Judge in ROTHSCHILDS Illuminati pockets........

Infiltrating We The People of The United States of America Government. High Treason Traitors with intentions NOT Allegiant To The UNITED STATES of AMERICA.

STILL in POWER, We Want America Back. Abolish The FEDERAL RESERVE and FEDERAL DEFICIT.

The Federal Reserve incurred The FEDERAL DEFICIT, Then The Federal Government must refurbish all monies spent, taken from We The Peoples of The United States of America VAULTS.

JFK ordered Rothschild Illuminati to return all Gold to US TREASURY Vaults, Immediately and he DID.

Posted by chase myles on 6.20.11 at 11:11

US Gov. should bail out the Press?

Abolish the FEDERAL RESERVE and FEDERAL DEFICIT.

Bernie Sanders is a HERO...

ROTHSCHILD Illuminati owns all press and every major Rag and Mag on Earth. Reason USA hasn't heard of Greece's Authorities Arrests.

And the break up of the Bilderberg Conference last week. Kissinger and BUSH WAR CRIMINAL warrants for arrest await

Posted by chase myles on 6.20.11 at 11:21
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