Further Antics of Government's Fourth Branch

So now we learn that at around the same time Treasury Secretary Hank Paulson was bullying and threatening Congress into passing TARP legislation, his fourth branch co-leader Ben Bernanke was secretly providing the banks with additional billions of funds through a Federal emergency lending program.  Unsurprisingly, Goldman Sachs was a prime beneficiary of as much as $30 billion with a rate as low as .01%.  Morgan Stanley, Citigroup and J.P. Morgan Chase also participated - along with a group of foreign banks.

But let's just concentrate on The Squid.  Back when he was still US Senator from New Hampshire, Judd Gregg was known for repeatedly pronouncing that Goldman Sachs did not need the capital infusion that Paulson forced on the TBTF banks.  Now we find out that Gregg has been newly hired by GS for an international advisory position (aka Senate lobbyist).

To my way of thinking, this brings up a true quandary with only two possible  answers:
   1.  It was false that GS was not in need of a capital infusion.
   2.  GS took advantage of a rather secretive program, with the knowledge and support of the Fed, to boost its profitability (and associated bonuses) by needlessly being allowed access to the funding.

Either way,  this is clearly not a situation with any honorable aspect whatsoever.  If one reasonably assumes that the Treasury and Fed were aware of each other's actions (and these two "patriots" do meet regularly), then it is just evidence of further abuse by the unconstitutional recently established fourth branch of government.  ( The Fed/Treasury branch ).

I'm actually beginning to think that it might serve Americans well to support a Ron Paul candidacy on the sole issue of abolishing the Fed.  Because it is apparent that the Executive and Legislative branches are trampled by it on a daily basis.  And it is exceedingly hard to come up with anything that former fan favorite Mr. Obama has done to address unemployment, the demolition of the middle class or the rise of the super elite.  So just what is the use of keeping him around?

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At least the Treasury is (supposedly) answerable to Congress.  The Fed has clearly shown that it takes its orders from the banking system.  A banking system just supplemented by a former Republican Senator who might well have been disgraced during confirmation hearings for a short-lived Secretary of Commerce potential appointment due to alleged profiteering from the federally financed development of the former Pease Air Force Base complex in good old New Hampshire.

The Judicial branch is dangerous.  The Executive branch is laughable.  The Congressional branch is bought and paid for.  The fourth branch is running the economy.

God Save Us.