Lawmakers Chide Fed in Bernanke Hearing

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Mr. Dodd's Republican counterpart, Sen. Richard Shelby of Alabama, said he has traditionally held the Fed in "very high regard" but that the central bank's actions over the last year has eroded his view.

"I fear now, however, that our trust and confidence were misplaced," Mr. Shelby said.

The comments highlight the disconnect in Washington between opinions of Mr. Bernanke's leadership during the financial crisis and a growing skepticism about the central bank's wide-ranging authority to respond in times of financial stress.

(I call that a weak statement)

1. The Constitution cannot defend itself and it is not a menu.
2. CC 2009 is a National Assembly of citizens from the states of the Union and the District of Columbia.
3. The purpose of CC 2009 is to legally end certain violations of the federal Constitution.
4. CC 2009 is the appropriate next step in a 14-year process by the free People to hold their STATE AND FEDERAL elected officials accountable to the federal Constitution. 
5. The free People have exhausted their administrative and judicial remedies.
6. The free People wish now to exhaust their constitutional remedies, as guaranteed by the Declaration of Independence and the Accountability Clause of the First Amendment.
7. The Delegates wish to focus on Facts, avoiding Opinions.
8. The Delegates wish to focus on violations of the Constitution, avoiding political questions.
9. When the People are up against unjust and uncivil government and laws and they are entitled to reform they will achieve it if they are pro-active, non-violent and have a mass-movement.
10. These grass-roots proceedings are NOT a Constitutional Convention, which the Delegates are wholeheartedly against as such a Convention would only serve to limit our unalienable rights. The terms are easily confused, especially because it's been 225 years since "We The People" have had to convene a Continental Congress.