Wednesday, July 22, 2009

sanders vs. bernanke

ben bernanke is and has been in an especially important position. to have arrived at the prestigious position of chairman of the federal reserve, while initial privilege may have played a role, he had to have displayed an array of great skills in his arena which would include public relations. here, being questioned under oath by vermont senator bernie sanders, bernanke remains remarkably cool considering the facts of the case.

bernanke may have a sense of entitlement regarding not only the united states tax monies given to his agency to distribute to failing banks but also to the secrecy that has surrounded the transactions. however, he almost does not show it at all as he coolly answers questions as if his answers are respectable, honest and fair to the american taxpayers.

there is the one moment when sanders asks bernanke the names of the banks who received the tax monies of american citizens. bernanke has a moment where you can see his frustration. it is just a moment and it goes by fast but it is there, (for just a second.) otherwise this top banker plays his role and acts as if there are perfectly good reasons why the fed need not be accountable, (which of course is absurd.)

No comments: