"Nothing made me more frustrated, more angry, than having to intervene" when companies were "taking wild bets."
Federal Reserve Chairman Ben Bernanke, expressing outrage and remarking that he had to "hold my nose" when putting the American taxpayer on the hook for nearly $24 Trillion
But Chairman Bernanke wasn't taken by surprise over the Bailouts. He most assuredly knew that the US bubble economy that the Fed had been contributing to would bust just as they had done in the past.
is presently on a media tour now that there are questions of the way
the Federal Reserve has been robbing and raping the American taxpayer
to fund the banksters "taking wild bets"
Bernanke perhaps frets that the American people are getting wise to the Fed Rip Off and Ponzi Scheme. He could also be upset that there is movement in the US to support Rep. Ron Paul's bill to audit the Fed.
Still, despite the supposed angst and anger of Ben Bernanke over the trillions of dollars he had to give to the banksters, things are going just as planned for the Federal Reserve and the Economic Hit Men that control much of the world's economy.
Oh, you might wonder how bankrupting the United States could be a plan for the world's power elite?
After all, isn't it a good thing to have a strong America and a strong American economy?
Well it is a good thing to have a strong, healthy, and vibrant America if you are an American citizen that cares about the country and its people. Unfortunately a strong America with a vibrant economy doesn't add up to the Corporatist agenda.
The US has slowly moved into
a form of fascism in which there is an interlocking system of
government, corporate, and financial rule over the American people.
Unfortunately for the Banksters, this is 'fascism light' and inhibits
their complete control over America. So they are in the process of an
Economic Hit on the American people that will give them nearly absolute
power over America. The Bankster Bailouts are all part of the plan.
The Bailouts accomplished 2 things necessary for the Economic Hit:
#1. In the short term, it allowed for a massive transfer of what was left of the wealth of Americans to the corrupt financial interests.
In the long term, it sets the stage for the bankrupting of America
which will mean that the US will have to put its assets and
infrastructure up for sale at fire sale prices.
It is a win/win for everyone except the American people.
The Fed and the Banksters stand to gain even more fantastic wealth and power by lending to the Transnational corporations that will buy up things like the waters of the Great Lakes, the roads, the schools, the parks, and all of the other resources and infrastructure presently owned and controlled by the American government. The Transnational corporations will be able to buy up America at rock bottom prices. All of this means a fantastic consolidation of American wealth and power into the hands of the Financial Elite or the Corporatocracy.