Saturday, October 10, 2009

Federal Reserve, Lying to Congress Again? I wrote my congress men! Again!

 Here is a copy of the email I fired off to my representatives in Washington.

"I am very confused over Ben Bernanke's comments to congress that the Federal Reserve will not monetize the debt, and their actions that prove the exact opposite.  All the evidence shows they are monetizing the debt.  Can you please tell me which it is?  Monetize or not?

A very smart man Karl Denninger, who should be advising congress in my opinion says they are monetizing the debt and I would like your opinion on what Karl says because I believe he is right.

You can view his opinions at
http://market-ticker.denninger.net/

Also, if lying to congress is a crime and the people from the Fed keep lying repeatedly to congress, why hasn't someone done something about it?"


In Illinois my rep.s are:
Senator: Roland  Burris        http://burris.senate.gov/contact/contact.cfm
Senator: Dick  Durbin          http://durbin.senate.gov/index.cfm
Rep: Tim  Johnson               http://timjohnson.house.gov/index.html 

Please contact your representatives in the House and Senate and ask them yourselves what in the world is going on with all the lying to congress?  Feel free to copy and paste my comments, if you don't feel like doing all the typing.

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