Florida Congressman Alan Grayson Laughs in Ben Bernanke's Face - Priceless!

Youtube ^ | August 1, 2009

[hinckley buzzard]

He also whines about having grown up in the tenements of the Bronx when both his parents were teachers, and claims rather improbably that he wouldn’t have been treated for his childhood asthma had his parents not had health insurance

Born in 1958, which means he grew up in the go-go sixties with two parents with cushy union teaching jobs. He amkes it sound like a depression-era sob story but if he was anywhere near "the tenements" it was because they were rent controlled and his parents saved a fortune on the miniscule rents. More likely, it is just Clintonoid/ Sotomayoral bio-bullsh*t and he is your typical 'rat liar...

[hinckley buzzard]

Or, is this just calculated to be theatre to play back home. I think it’s the latter, for sure,...

It sure played well here, among ill-informed freepers.

[ding_dong_daddy_from_dumas]

This is my first awareness of Grayson. He did well with Bernanke, has an impressive bio, I thought hey! we’ve an up-and-comer I wasn’t familiar with...then I saw that he’s a Democrat. Can you tell me more about him? Thanks.

According to his website, he is for Crap and Trade, which in my estimation puts him in the same category as Goldman Sachs (although maybe he is not sure which side he is on). I saw one video of him questioning a FED IG. In that video he didn't have his facts straight -- he was confusing FDIC and FED money.

I don't trust Bernanke, but I don't trust Grayson either.

[Para-Ord.45]

Griffin describes it as a Cartel whereas I use the phrase ‘semi-private corporation’.

I think his is more accurate.

[Toddsterpatriot]

What a rare moment to see Bernanke so flustered

He couldn't believe that such an idiot could get elected to Congress.......but then he remembered that most Congressmen are idiots.

What is not so funny is realizing this man and a few members of the FOMC can literally give away TRILLIONS of tax dollars

The Federal Reserve doesn't handle tax dollars, how can they give tax dollars away?

[Toddsterpatriot]

Given? You might want to check your definitions.

[Future Snake Eater]

Good Lord...what is the point?

Congress passed the Federal Reserve Act. Congress approved a GIANT blank check for over $1 trillion to be spent on God-knows-what. Congressman, you have only yourself and your peers and predecessors to blame.

Again, what is Grayson’s point?

[Woebama]

Given? You might want to check your definitions.
____________________________________________________

You should take your own advice. Even your nitpicking is wrong.

[Toddsterpatriot]

Money was given? It was a gift?

[Freedom2specul8]

Marked for later

[Tribune7]

And Grayson is a D.

If McCain did that to Paulson we wouldn't be stuck with 0.

[Toddsterpatriot]

If McCain asked Paulson stupid questions and acted like an ass, we wouldn't be stuck with 0?

[khnyny]

The money was not “given” to foreign banks. Dollars were exchanged for foreign currencies. Grayson is becoming quite a blowhard.

Grayson may very well be a "blowhard" or using the opportunity for political theater. Believe me, I get that. I saw this clip on the Glen Beck show and found it amusing.

Why didn't Bernanke just say that the "dollars were exchanged for foreign currencies"? If that's the truth and Bernanke couldn't simply articulate that before Congress, then maybe Bernanke's in the wrong job.

[Toddsterpatriot]

Why didn't Bernanke just say that the "dollars were exchanged for foreign currencies"?

He said that at about the 1:00 mark. We swap our currency, dollars to the European central bank for their currency, Euros.

[WashingtonSource]

Actually, Bernanke did say it was a currency transfer, which Grayson ignored. He continued to call it a give-away. Grayson harped on the fact that European banks were lending the money. Bernanke pointed out that the increase in dollars there helped lower interest rates. Again, Grayson ignored. Bernanke could have been more forceful in explaining himself, but perhaps didn’t realize the Grayson was playing a game with him. Bernanke just stuck with the basic facts.