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.

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

  1. 864582 says on :

    It’s nice to see the Dems and the Repubs agreeing on a topic. The interviewer wanted to make it a partisan argument. I’m glad he didn’t get what he wanted. Both interviewees were very respectful.

  2. MishuTaste says on :

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

  3. Joe6packAmerican says on :

    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.

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  5. badbob666 says on :

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

  6. badbob666 says on :

    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.

  7. idahoman325 says on :

    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

  8. alaskaproduction says on :

    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.

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  10. tripit88 says on :

    Like to see her and Ron Paul run in 2012

  11. PizzaGod says on :

    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?

  12. boots920 says on :

    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 ?

  13. 1KuanTi says on :

    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!!

  14. 1KuanTi says on :

    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.

  15. RebelsLiberator says on :

    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.

  16. vagabondvet says on :

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

  17. ronheri says on :

    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.

  18. themantoobeat says on :

    plus no central bank institution of any kind.

  19. garyowen4ever says on :

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

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  21. helpendthefed says on :

    Ron Paul 2012

  22. theloupe says on :

    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

  23. xesiria says on :

    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!!

  24. TheSmokingArgus says on :

    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!

  25. danbowski40 says on :

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

    RON PAUL 2012!!!!

  26. ghengisconrad says on :

    ???????????????

  27. garyowen4ever says on :

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

  28. cbat36 says on :

    End The Fed

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