The Hidden Truth is always whitewashed.  Mr. Bernanke and Mr Greenspan are the true culprits of our economic downturn, they along with gang of thieves, who helped rob the American public of it's vitality.  The gang of thieves include the likes of Christopher Dodd, Barney Frank, and the Office of Federal Housing Enterprises that controlled both Fannie Mae and Freddie Mac. to name a few, ah and lets not forget wall street greedy fat cats.

I would like to Ask these questions;

Why did the Federal Reserve act too slowly in raising short term interest rates with .25 point increases for  17 consecutive months, during 2004 to 2006?

Why did they wait over a year plus a few months  to make a move to counter act the move to lower interest rates, when they know by history that it generally takes 6 to 9 month to react?  Not over a 2 to 3 years to get back on tract. 

Why didn't the Federal Reserve recognize and inform the GSE that they may need to raise the conforming loan limits that help the primary mortgage market sell off to the secondary market to circulate the mortgage money supply,  that is to Fannie Mae and Freddie Mac.?

Why did Federal Reserve deliberately wait to see what reaction was going to happen?  Was it Greenspan responsibility to help the in coming federal reserve chairman or did Greenspan want to make Bernanke look bad?  Was Bernanke not wanting to take advise from the old Federal Reserve Chairman?

Wasn't this like playing  Russian roulette with the economy?

In 2005 Mr. Greenspan made a comment to the news media, pointing out they had a problem stated income 100% financing programs to Wall Street?  Why do you think we bailed out Wall Street?  Why did we only bailed out a few select Banks?

Why doesn't the federal reserve recognize that 30% of Americans are small business owners also employ 70% of the population?

Why do you think, most small business owners couldn't get a mortgage loan?

Was stated income the real problem of the mortgage meltdown, or was it stated Assets the real problem, or perhaps educating the borrower on the type of mortgage loan they had, their rights and responsibility in plain english, and if so, what would you do if you were incharge of the Federal Reserve and the Head of the Treasury?

Aren't Doctors, Dentist, Real Estate Brokers, Car Dealers, Insurance Agents, Small Business Owners?  What do they have  in common, they are self employed.  Something to think about in our banking problem,  when you cut out 30% to 50% of the of all mortgages out of the market place.  Something to really look at if you were incharge.

Carlos Arvizu Sr.