Bernanke Holds Town Hall Meeting with Soldiers and their Families, page 1
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Topic started on 10-11-2011 @ 12:47 PM by L00kingGlass
Bernanke meeting with soldiers in Texas?!

I personally find this extremely bizarre. Why does the Federal Reserve chairman have to teach soldiers about "financial literacy"?

At 50:10 a soldier tells Bernanke that some of his fellow soldiers and Marines don't believe the Federal Reserve should exist, to which Bernanke responds: "It's not a very realistic proposal".


reply posted on 10-11-2011 @ 01:07 PM by L00kingGlass
reply to post by FissionSurplus



Bernanke's attempt at diplomacy was the equivalent of entering a lions den. The way that some of the Marines were glaring at him was very telling.

edit on 10-11-2011 by L00kingGlass because: (no reason given)




reply posted on 10-11-2011 @ 01:59 PM by Rockpuck
reply to post by L00kingGlass




It's not a very realistic proposal


Truer words have never been spoken. I think the Reserve should be entirely within the Treasury and run Government, not Banks.. but ...

Ask yourself for a minute... look at Congress. Look at their actions, the things they write and vote for.. would you trust THAT to be in complete control and influence of our monetary policy?

Not me. We need way more control over the Fed, but we still need to keep it away from Congress at all costs. Think of the Federal Reserve as a loaded shotgun, and Congress as a group of 5 year olds wanting to play with it.
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