Federal Reserve Chairman Ben Bernanke proved President Barack Obama chose the right man for the job when recent transcripts were released
showing that all warning signs of the U.S. economic crisis in 2007 were ignored by Bernanke and his team at the Fed. Just what is Mr. Bernanke’s job? Well, his job, as I and a lot of others see it, must certainly be to run this country as far into the ground as he possibly can. Chairman Bernanke has plenty of help to follow through with the scheme too. Obama’s entire posse of hoods and outlaws he chose comes straight from Wall Street.
As stipulated by the Banking Act of 1935, the President appoints the seven members of the Board of Governors of the Federal Reserve System; they must then be confirmed by the Senate and serve for 14 years. Once appointed, Governors may not be removed from office for their policy opinions. (Source:Wikipedia.com)
If the American people ever allow banks to issue their currency, first by inflation and then by deflation [by having to maintain a vital circulation by perpetually re-borrowing principal and interest as subsequent sums of debt, increased perpetually so much as periodic interest], the banks and [bank owned] corporations which will grow up around them will deprive the people of all property, until their children wake homeless on the continent their fathers conquered.
SIR JOSIAH STAMP, FORMER PRESIDENT OF THE BANK OF ENGLAND