"Federal Reserve chair utilizes financial terrorism while rebuking attempt by Ron Paul, Congress to hold the independent organization accountable"
"Federal Reserve chairman Ben Bernanke unleashed an alarming veiled threat of financial terrorism when he was questioned by Rep. Duncan on Thursday about his response to the fact that a majority of Congress is co-sponsoring Ron Paul's H.R. 1207 bill to audit the Federal Reserve."
"The brunt of Bernanke's statement is as crystal clear as a threat from a common street thug – back off from the Fed, or the economy gets it."
"The chairman clearly implies that any attempt to restore monetary powers constitutionally granted to the Congress would be seen as a "takeover" and that the defensive and "repudiated" Fed would respond destructively."
"Of course Congress' constitutional power over money is enumerated in Article I, Section 8 of the U.S. Constitution:
"The Congress shall have power… To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;"
Bernanke's open use of financial terrorism in the face of Congress' blatant Constitutional authority is absurd and despicable.