New York Times Readers Blast Federal Reserve

This afternoon my electronic New York Times summary arrived and I immediately clicked on the article about Ben Bernanke, incumbent Federal Reserve Chairman.

Alas, only two hours after the article posted comments were no longer being accepted.

No wonder. Of the more than 100 comments posted on the article the vast majority were anti-Bernanke. Several cited the need to audit the federal reserve and there is current legislation underwa to do just that.

I was surprised to see all that Fed bashing in a New York Times audience. Of course, most of the Benranke supporters are too busy to monitor the news and comments due to their powerful, all consuming jobs.

But the Times digital editor got a good feel for the Benranke backlash now raging around the country. Obviously Bernanke and the Fed are only supported by the heavy money crowd who have profited so greatly from the Fed policies in recent years.

The big danger remains that Bernanke will be reappointed - Larry Summers would be no improvement whatsoever as an alternative - and the Fed will continue to be unaudited.

Congress should realize a privately owned bank that can tap into the public pockets for bailouts needs to be audited. Congress has to stop backing down from threats from the bankersters that they will destroy everything if they are questioned and if their looting of the Fed is revealed.

This creature from Jekyll Island needs to be thrown back into the pit of hell.