Bernanke reconfirmation (Sen. Bunning goes off)

Bernanke's re-confirmation hearing is going on in the Senate as I type this. I wasn't paying that much attention attention as the first handful of Senators (Mine included), might as well have been uh, questioning Bernanke in a manner that I feel could best be described as mental masturbation.

But, oh HOLY HELL, Sen. Bunning just lit into his ass in a tyrade I haven't seen in a Senate hearing in years. The hearing is ongoing so I don't have a link yet. ( Hopefully it'll be up before I go to work so I can come back and post it.) I really wish there was a link up already. I"m pretty sure I just heard a Senator use the phrase, "The Fed has become the Creature from Jekyl Island".(Yup he said it at the close.)

EDIT
Bunning has in the past roared like a lion and voted like a lamb in regards to what's been going on in Finance, so it may just be political theater but that rant is a truly great one.

[edit on 3-12-2009 by jefwane]

Bunning Berates Bernanke

[edit on 3-12-2009 by jefwane]

[edit on 3-12-2009 by jefwane]

reply to post by jefwane


www.c-span.org...

its on here

Thanks, but what I'm waiting to trying to get a post of is the comments and questions by Sen. Bunning. Right now we are back to Senators stoking Bernanke. It was boring as hell before and after Bunning, but man that's a few minutes of rant that deserves to be posted everywhere on the web.

reply to post by jefwane


when its over, it would be all over youtube, right now its live, and theres no way to get a transcript yet. there will be one, after its over.

www.youtube.com...

Just a little over a year ago, and Senator Bunning sharing his views prior to the "bailout-failout" The man is pretty smart.

So who's done their civic duty?

I've called Washington twice this morning to object to Bernanke's reappointment on the grounds that he failed to oversee the banks under his trust, he misread the problems repeatedly, and his solutions, while good for Wall Street, have utterly failed American citizens.

His projected solutions are no better than his past ones, the same people who caused the crisis are still employed, the same ideas are still being followed, the same laxities are still allowed. New ideas are needed are they won't come from him or Geithner.

So have you actually done anything about it?

Get on the phone and call, dammit.

I challenge all ATS'ers to do their civic duty, step up and make your senator know he's unacceptable.

[edit on 3-12-2009 by apacheman]

reply to post by apacheman


Good to know youre not alone, I always contact my Law Makers in both houses, and reach to the committees as well. A pet peeve of mine is listening to the whiners and complainers who do NOTHING when in fact, they are apart of "being in charge" and contributing.

Thumbs up apacheman.

reply to post by apacheman


Kind sir, you are not alone. I am a frequent spammer of my congressman's inbox.

Bunning was great. Bernanke has been a great failure. He's good at putting out fires that he caused, but seriously, shouldn't we want someone who is going to prevent the fires in the first place. Bernanke set the collapse in motion, raising rates 13 times in a row.

These leads me to two possible conclusions:

1) Bernanke is an idiot who doesn't know what he is doing and should be fired.

2) Bernanke knew that what he was doing would cause collapse and which was part of his agenda. In this case not only should he be fired but he should be prosecuted for Treason against the United States of America.

Just made a couple of quick edits to the OP. The Senator did say what I thought he said at the end. Found a link at CNBC.

[edit on 3-12-2009 by jefwane]

well this is becoming more common.... Ben getting ripped a new one, every time!

2nd line