The news broke late Monday night that President Obama would be holding a press conference today and announce his nomination of Federal Reserve Chairman Ben Bernanke to another four-year term.
The story broke on the same day that hundreds of grassroots activists sent letters to Senator Reid and Speaker Pelosi demanding an audit of the monetary activities of the Federal Reserve Bank.
The following is a list of ten videos of Fed Chairman Bernanke testifying (and getting grilled) to various members of Congress about the activities of the Fed.
He visibly squirms at and evades some of the tough questions about the Fed's secretive policies, outrageous loans, and severe devaluation of the U.S. Dollar. One Congressman (Grayson - D) even laughs out loud at Bernanke's feeble answers.
The very last video is a compilation of Bernanke's false predictions about the U.S. economy, which call into question the credibility of his recent statements that he expects an economic recovery by year's end.
|Sen. Bernie Sanders (I)|
Rep. Dan Burton (R)
Rep. Bill Posey (R)
Rep. M. Bachmann (R)
Rep. Jim Jordan (R)
|Rep. Alan Grayson (D)|
Rep. Scott Garrett (R)
Rep. Ed Royce (R)
Rep. Ron Paul (R)
"Ben Bernanke Was Wrong"