{"id":797,"date":"2009-03-03T19:58:09","date_gmt":"2009-03-04T03:58:09","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=797"},"modified":"2009-03-03T19:59:34","modified_gmt":"2009-03-04T03:59:34","slug":"the-socialist-is-the-one","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/the-socialist-is-the-one\/","title":{"rendered":"The socialist is the one pushing for fiscal transparency"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.reuters.com\/article\/marketsNews\/idUSN0347907420090303?rpc=64\">following exchange<\/a> was between Bernie Sanders and Ben Bernanke:<\/p>\n<blockquote><p>&#8220;My question to you is, will you tell the American people to whom you lent $2.2 trillion of their dollars?&#8221; Sanders asked, referring to the size of the Fed&#8217;s balance sheet.<\/p><\/blockquote>\n<blockquote><p>Bernanke responded that the Fed explains the various lending programs on its website, and details the terms and collateral requirements.<\/p><\/blockquote>\n<blockquote><p>When Sanders pressed on whether he would name the firms that borrowed from the Fed, the central bank chairman replied, &#8220;No,&#8221; and started to say that doing so risked stigmatizing banks and discouraging them from borrowing from the central bank.<\/p><\/blockquote>\n<blockquote><p>&#8220;Isn&#8217;t that too bad,&#8221; Sanders interrupted, cutting off Bernanke&#8217;s answer. &#8220;They took the money but they don&#8217;t want to be public about the fact that they received it.&#8221;<\/p><\/blockquote>\n<p>For those of you following at home, Bernanke is the Republican and Sanders is the <a href=\"http:\/\/en.wikipedia.org\/wiki\/Bernie_Sanders\">socialist<\/a>.\u00a0 Confusing, I know.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The following exchange was between Bernie Sanders and Ben Bernanke: &#8220;My question to you is, will you tell the American people to whom you lent $2.2 trillion of their dollars?&#8221; Sanders asked, referring to the size of the Fed&#8217;s balance sheet. Bernanke responded that the Fed explains the various lending programs on its website, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-797","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/comments?post=797"}],"version-history":[{"count":3,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/797\/revisions"}],"predecessor-version":[{"id":800,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/797\/revisions\/800"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=797"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}