The stopped clock
As WND reported, when Federal Reserve Chairman Ben Bernanke testified before the House Financial Services Committee, Bachmann asked how there could be no increase reported in the total debt when the government was racking up about $4 billion a day in new debt.
When he could not provide an answer and referred her to the Treasury Department, Bachmann wondered if there was a political motive.
“I asked whether the Treasury Department was cooking the federal government’s books as it was reported that the Feds debt balance sheet remained at $16,699,396,000,000 for 56 days straight, presumably so the Treasury Department wouldn’t officially register that once again the Congress had exceeded its legal borrowing limits.”
For it to conveniently stay there for 56 straight days, Bachmann implied, strained credulity.
The lawmaker noted during the hearing the U.S. government added more than $400 million in debt during Bernanke’s appearance alone.
“Knowing that, how could he explain the Treasury balance sheet officially stood still for 56 days? Apparently, ignorance is bliss, for bureaucrats,” she concluded.
Read more at
http://mobile.wnd.com/2013/09/unhea...-7-trillion-for-109-days/#PBI4VQgWqhp20wyQ.99