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Thursday, November 03, 2011

Fed Control: Whose Side Is Senator Sanders REALLY On?

The Veil of Secrecy at the Fed Has Been Lifted, Now It's Time for Change ... Over two years ago, I asked Ben Bernanke, the chairman of the Federal Reserve, a few simple questions that I thought the American people had a right to know: Who got money through the Fed bailout? How much did they receive? What were the terms of this assistance? Incredibly, the chairman of the Fed refused to answer these fundamental questions about how trillions of taxpayer dollars were being spent. The American people are finally getting answers to these questions thanks to an amendment I included in the Dodd-Frank financial reform bill which required the Government Accountability Office (GAO) to audit and investigate conflicts of interest at the Fed. Those answers raise grave questions about the Federal Reserve and how it operates -- and whose interests it serves. – Senator Bernie Sanders/ HuffingtonPost

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