Bernanke Claims He Didn't Pressure Bank of America to Acquire Merrill Lynch - Are We Supposed to Believe This?

Check out his slick position. No one "at the fed was directed"... Of course, he was working with Hank Paulsen in the Treasury Deparment on this, so did anyone ask him if the message was relayed through Paulsen, if he was aware of any such message, or why the actual NOTES written at the time by the head of BoA indicated that both Paulsen and Bernanke were pushing for the purchase?

What we really wanna know is this: Instead of MERRILL Lynch, why couldn't Bernanke and his buddy Paulsen have pressured Ken Lewis of BoA to buy up NH Governor JOHN Lynch? Then we'd be rid of him here!

Oh, and one sticky question, that power of the Fed in the first place? Anyone point to a clause in the US Constitution that allows this monopoly to exist via government dictate? Just wondering...

Read how this snake oil salesman parses:

 

http://news.yahoo.com/s/ap/us_bernanke

 

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