Bernanke was on tv again "explaining" how the "experts" in finance thought housing prices would continue going up, and so they continued making bad loans. Lies or stupidity?

The government did encourage "weak" loans through Freddy Mack and Fannie Mae. The government did "allow" the FRBS to print the money. The FRBS charged America interest on that money equivalent to an "Infinite" rate of interest: because any interest paid on zero ownership of principal is equivalent to division by zero, which gives infinity for interest rate.

Then the FRBS was allowed to multiply the money they printed by a factor of nine, turning 1 dollar into 9 dollars. Then their branch banks continued the process out to another multiplication by 4 or 5, making 45 dollars in flow. AIG leveraged the money another 40 times, as stated by the AIG head to the Senate Finance Committee, making 1,800 dollars out of one dollar.

Then Freddy Mac, being "gov insured" were able to use a multiplying factor of a hundred, as testified in congress, making 180,000 dollars/dollar. And then, AIG, the world's financial insurer, came along and sold insurance on the whole deal to banks and finance organizations around the world, making their profit on the sale of CDS, CDO, insurance for financing, "guaranteeing" the "gov "guaranteed" loans. No one has a record of how many layers of DERIVATIVES were sold. But let's just say, AIG and others were able to make commissions on multiplying the financial instrumnets by a factor of 7 or so. That puts every original printing press dollar multiplied to a total dollar value of transactions exceeding a million dollars, spread out amongst financiers around the world, from here to China, including England, and Europe.

The big story is in the multiplication of money by the financiers, not as we are told, the inability of home owners to repay their mortages.

To expose the lie, it helps to go back and understand the financing that paid for Napolean's defeat at the hands of the English crown. Then follow the story to America and the first North American Bank, the Second U.S. Bank, the Bank of Biddle and Jackson, and the fraudulent FRBS. It was a fraud. It was vehemently argued against, but a purghered illegal Christmas session of congress passed the bill in 1912 without a lawful quorum to do what they did, which was to pass the biggest fraud off on the American people that has ever been done, the very root of today's financial melt-down. For references, see www.az103.net

Bernanke gets away with what amounts to a lie by emphasising the homeowner while omitting the financier's multiplication of financial instruments for debt and profit greed. Anger stirs in my heart for the children who've been robbed by people who have spit on America's posterity while raping our moneytary system to plunder our children for generations to come.

www.az103.net www.cia.christianparents.com www.grandfatherreport.us www.christianparents.com www.grassfire.org resistnet.com

Bernanke covers up while asking for even more control so he can "protect us more", gets tons of tv coverage, and the truth of the story isn't told by any main stream tv or news paper. America, where have your hero's gone. He who sees and is silent is guilty. The man who hears and refuses to see the facts is guilty too. The truth is there. Who will see it and give voice for it.