Thursday, December 23, 2010

Who's Ya Daddy?

Ben Bernanke, that's who. And now, he has decided (because the Fed is not elected which circumvents our democracy) to be the father of all central bankers the world over. Oh, Star of Wonder!
It is no wonder that the Federal Reserve opposed an audit of the Fed because it revealed the many expanded aspects of the bank. It showed how they used American taxpayers money to guarantee funds for the crisis not only to our banking industry, but to Europe as well. Bernanke said it was a one-time event to smooth over the financial meltdown in 2008. One time? He lies because this past week Bernanke has extended a credit line to EU central bank if funding is needed. Our Fed declared this is done under a swaps agreement as if this is part and parcel of the daily operations of the Fed. It isn't! This is putting American taxpayers on the hook and this is not even part of the original intention of the crooks at Jekyll Island.
When Portugal tips and you are still looking for a job, they get aid. When Spain needs cash, the Fed opens its ATM, but you won't because the deficits need to be held in check not-with-standing that Obama and his new backup group, the Republicans sing for the rich cause they buy CDs and we cannot afford food and gas. So, my fellow Americans I bid you a Merry Christmas and hope for the rise of a new political party in 2011. A party that relates to a Billy Joel Christmas Carol, called, "Allentown." 
"Well we're living here in Allentown. And they're closing all the factories down. Out in Bethlehem they're killing time - filling out forms, standing in line. And we're living here in Allentown."