Fed Stonewalling - Bernanke Flatly Refuse to Say Which Banks Took Trillions in Taxpayer Loans
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- čas přidán 2. 03. 2009
- Sen. Bernie Sanders questions Federal Reserve Chairman Ben Bernanke during a Senate Budget Committee hearing. Sanders asks to know who received almost $2.3 trillion in taxpayer loans from the Fed. Bernanke flatly refuses to answer.
Good on you Mr Sanders.
Great to see Bernie fighting for the people all this time
Based Bernanke
Love to see this
Well, did that legislation pass the senate ? I doubt it..
What year is this?
Tio Bernie rocks.
Likin this guy. hes bank on. How dare they abuse your trust and your money and your intelligence. they need to pay!!!.
@ 1:46😅🤣😂
I am no American, but this guy is awesome!
I'd love to see more politicians like this in our parliament as well. Get some backbone-guys!! 5*
Without more debt the money system fails. That's why Debts keep getting higher
Wouldn't revealing those banks cause bad incentives (moral hazard)?
Exactly. On top of that, the situation was rife with adverse selection as well, since the banks who were most eager to get these loans were also the most risky, yet the lender (the Fed) couldn’t tell who’s who because of the asymmetric information. The Financial Crisis was an impossible situation for the Fed in many ways, so it was easy time for politicians to make hay with scoring political “gotchas”.
@@austinryder9028 fractional reserve central banking is a scam . the rest is all bullshit
Bernanke was right
Thanks Senator Bernie!!
Bernie Sanders ROCKS!!!!
Ron Paul/Bernie Sanders 2012
God bless you senator Sanders...please"clean"our world from these discusting thieves! Greetings from Portugal to good Vermont people.
good work senator.
Thank you Bernie! A true statesman!
At last my Taxes at work!
Thanks Bernie
Go Bernie Go!!!
why can't we know the names, Chairman Bernanke?
Linda Doll hey Linda I know your comment was almost a decade ago. Lol. One possible reason the the Chairman of the Federal Reserve, Mr. Burnanke, would not disclose this is because the Fed Reserve most likely lent the money to foreign country’s and banks which would not go over well on the American people for obvious reasons.
USA NEEDS TO VOTE >>>> Bernie Sanders
Give them hell Senator!
He or woman from MA would had been best choice for Democratic party nomination in 2020 and either might be nominee in 2024 if Biden doesn't step up prosecution of trump and the bozo boy-os.
Oh how you probably look back on this message feeling wrong now Biden is the president for over a year now highest inflation ever in this country he destroyed Afghanistan he destroyed small businesses he destroyed everything how do you feel about that
vote now
lets say there are 200 million working us citizens today. 2.2 trillion amounts to $11,000 dollars per person. this is 11 grand you don't have anymore. this stuff is real folks.
No one cares is sad
what did those bankers do with that money? put it on their own pocket?
relax, those werent tapayers money. he created them.
It's a loan...
@@stevewilkens5134 that’s stupid easy to pay back for them
Bernie Sanders is a GREAT American.
only mf id trust as president
I'm with you on that claim.
why tf is Sanders not the president
flash12319, because Clinton shafted him; and he’s virtually a Socialist.
He gutted 2 Audit of the Fed senate bills, but runs on this anti wall street line,,he's a BS Artist