Fed Stonewalling - Bernanke Flatly Refuse to Say Which Banks Took Trillions in Taxpayer Loans
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- เผยแพร่เมื่อ 2 มี.ค. 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
Well, did that legislation pass the senate ? I doubt it..
What year is this?
Likin this guy. hes bank on. How dare they abuse your trust and your money and your intelligence. they need to pay!!!.
Love to see this
Tio Bernie rocks.
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*
Based Bernanke
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
Without more debt the money system fails. That's why Debts keep getting higher
@ 1:46😅🤣😂
Bernie Sanders ROCKS!!!!
Thanks Senator Bernie!!
God bless you senator Sanders...please"clean"our world from these discusting thieves! Greetings from Portugal to good Vermont people.
Thank you Bernie! A true statesman!
Bernanke was right
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.
At last my Taxes at work!
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
Ron Paul/Bernie Sanders 2012
USA NEEDS TO VOTE >>>> Bernie Sanders
good work senator.
Thanks Bernie
Give them hell Senator!
Go Bernie Go!!!
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.
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
only mf id trust as president
I'm with you on that claim.