Posted on 02/13/2011 3:36:50 PM PST by Leisler
"Reactive targets" will turn that frown upside-down.
Bernake succeeded in added trillions of dollars of debt to our bottom line as he doubled up on the exponential curve of national debt for the last time to make sure the bankers didn’t have to suffer any consequences for their fraud. TARP,QE I, QE II, rumours of QE III and IV, and on and on. The guy has never made a right call during his time as FED chairman. He is desperately trying to preserve the broken fiat currency system and fractional banking system and the derivatives market that is 60 times larger than the world GDP. But he can’t do it, because these morons have let the run away betting go exponential. Massive hair cuts are the only true solution. He knows it and talks out of both sides of his mouth while he finishes us off to make sure the elite financial class is shored up for the big reset.
They should all be in jail, not partying like their is no tomorrow.
I’m 49 and older. I also am armed and figure I only got a few more years anyway, so let them bring it on.
11 % of the housing in the US is unoccupied I hear. The resulting cleansing of the gene pool if the government does collapse will push that number higher.
So why is it that Bernanke is just now sounding the alarm right after the Pubs took the House? Trying to make them the fall guys?
Besides, Bernanke’s a total total hypocrite. Bernanke could stop federal deficit spending in a second if he wanted to simply having the Fed refuse to bid at Treasury auctions and raising interest rates to member banks.
It’s Bernanke’s policies that allow the giant U.S. deficit to occur.
He’s a true believer and that’s that.
I promise not to mess with her. Looks like she’d have me for lunch with room left for desert. :)
Since the politicians are not prone to commit suicide by bending over the taxPAYERS yet again, it sounds like Bernanke is begging the politicians to take a chainsaw to the Democrats' socialist welfare state. That can't please Ubama and the rats.
Why do you think the leaders in failing countries hop on planes and head for parts unknown? So they won’t end up hunted down and _______________.
Good Point
Unfortunately a significant amount of the excess housing is concentrated in a few geographic areas such as Florida where high rise condominium towers sit empty.
Supposedly Vegas, too. Heard recently of a 600K condo on the strip going for 100K.
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