While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” Benjamin S. “Helicopter Ben” Bernanke, Chairman of the Board of Governors (a Federal agency) that oversees the privately owned Federal Reserve System of (central) Banks–who is legally responsible for monetary policy only–speaking at the Dallas Regional Chamber of Commerce, indirectly lectures the CONgress and the president on their prerogative of fiscal policy: “[T]he nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.”

       NOTE: This comes after the Federal government has fought two unlawful foreign wars, nationalized two automobile manufacturers, and against overwhelming grassroots opposition, forced both the “Billionaire Bailout (and left taxpayers the Bill) and healthcare nationalization.

       [added 3/20/2021] Thanks to Freedom’s Phoenix for this entry.

Subsequent Events:

5/9/2010                   6/8/2010

References:

FRB: Speech—Bernanke, Economic Challenges: Past, Present, and Future, April 7, 2010
www.federalreserve.gov/newsevents/speech/20100407a.htm

Federal Reserve Chairman Ben Bernanke sounds a warning on growing deficit
www.washingtonpost.com/wp-dyn/content/article/2010/04/07/AR2010040703116.html

Current U.s. National Debt:

$36,167,124,467,492

Source