Bernanke, Bank of America, and Merrill Lynch – The Need for more Transparency in the Fed

Rep. Bachmann appears with Rep. Jackie Speier (CA) and Rep. Brad Sherman (CA) on CNBC to discuss the need for increased transparency in the Federal Reserve, as well as the accusations that Fed. Chairman Ben Bernanke strong-armed the Bank of America into buying Merrill Lynch.

Duration : 0:8:27


[youtube 8k8PQ_b8FUA]

25 Responses to “Bernanke, Bank of America, and Merrill Lynch – The Need for more Transparency in the Fed”

  1. It’s funny to hear …
    It’s funny to hear representatives talk about “the government.” They ARE the government!

  2. Joe6packAmerican on December 16th, 2009 at 10:22 pm

    It’s funny how …
    It’s funny how Speier (sp?) brings up Madoff when it was Clinton’s SEC that investigated and ignored him.

    Yep that reporter wasn’t going to stop badgering until he found a way to get these congress members to disagree.

    Bachmann rocks, I wish there were 300 more of her in Congress.

  3. I say take the gold …
    I say take the gold back from them that they stole from the United States citizens through deception.

  4. the answer is not …
    the answer is not about regulation at all, its in getting federal government interference out of free enterprise. These butchers are destroying our liberties and freedoms. Regulating power of industry belongs in the states and to the people period.

  5. ok wait , the …
    ok wait , the government is going to invest if it was corrupt and acted illegally ? LOL thats like the fox eating the chicken and then heading up the investagation ? LOL silly .. I love that michelle chick

  6. alaskaproduction on December 16th, 2009 at 10:22 pm

    we all here know …
    we all here know the the truth, that govmt really wants more power. For that reason 2nd Amendment exist, entire Bill of Rights. I hope to see more smart people like Bachmann in government.

  7. Like to see her and …
    Like to see her and Ron Paul run in 2012

  8. Go HR 1207

    Thank …
    Go HR 1207

    Thank you Michelle Bachmann

    The CNBC guy is trying has hard as he can to get them to argue when they agree?

  9. How much confidence …
    How much confidence do you have in paper ?
    (Government controlled money).
    How much confidence do you have in gold ?
    (Individual control of your Life’s SAVINGS ?)
    This is why you must take care of yourself, the paper is as valuable as the government. The dollar’s going to 0 value, who’s going to take care of you ?

  10. Bernanke said …
    Bernanke said during the question in of the B of A and ML deal that if the FRB is audited and closed the American economy would collapse, what a complete arrogant ass. We have had the value of our dollar stripped away to a point its worth 4 cents of the 1913 dollar. OMG dump the FRB!!

  11. The FRB is hardly …
    The FRB is hardly an independent bank 1 there is nothing Federal about them, and the second is they have no deposits. This talking head is irritating. I’m sure he considers himself a leading edge, state of art intellectual powerhouse, hes not. The congress woman said the economy is now on the mend, REALLY! OMG shes going to regret that statement! Paul Warburg was evil, its brash that the FRB still meets on that Island.

  12. Dont back down …
    Dont back down Michele.hammer them on this issue and make sure everyone knows whats in the cap and trade bill that was passed.Audit the Fed.

  13. Speier is living in …
    Speier is living in an alternate reality where Bank of America was actually helped by Merrill Lynch.

  14. The economy is …
    The economy is mending? What a joke. Cape and Trade is the largest tax in history; killing jobs and pushing gas and elictric costs through the roof. We have a fraudulent government, run by bankers.

  15. plus no central …
    plus no central bank institution of any kind.

  16. the fed, wall …
    the fed, wall street, the major news media and our DC GOVT….just one big old OLD WHORE HOUSE……ms. bachmann excepted.

  17. Ron Paul 2012
    Ron Paul 2012

  18. As the 13th …
    As the 13th Generation we shall pay homage to the 13 stars which fought to secure the birth of this Republic.

    End the FED! woo woo

  19. Down with the FED …
    Down with the FED and all there puppets like, Ben Bernanke! Your New World Order will fall with the FED, audit the FED and get rid of it as well. Dr. Ron Paul 2012!! The heavy hand of Government started beating everyone over the head since 1913!!

  20. Hear hear to …
    Hear hear to Representatives Bachman, Sherman, and Speier.

    Kudos to Representative Bachman for mentioning H.R. 1207 The FEDERAL RESERVE Transparency Act of 2009

    Let the central bankers understand this clearly…

    The 13th Generation both accepts and embraces its mission to see that the 3rd Central Bank is wholly dismantled. Let Chairman Bernake and his ilk go the way of Nicholas Biddle.

    Long Live the Republic!

  21. Oh Ya baby! Ron …
    Oh Ya baby! Ron Paul has put the pressure on the crooks with HR-1207!

    RON PAUL 2012!!!!

  22. ???????????????
    ???????????????

  23. its the 25th of …
    its the 25th of June 2005, and YOU ARE ALL CONTEMPTIBLE PARASITES!

  24. End The Fed
    End The Fed

  25. That CNBC anchor is …
    That CNBC anchor is annoying! It’s a shame that CNBC anchors outside of the U.S. do a better job. Props to the repubs and dems who want to audit the Fed. The next amendment in the Constitution must be “no fractional reserve banking or lending.”

Leave a Reply