The Comedian's "Economic Holocaust" ping list...
Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
I remember the Jimmy Carter impersonator on SNL around 1979 saying “Inflation is your friend. Eventually, with inflation, we will all be millionaires!”.
Does Bernanke have Secret Service protection? If not he’d better see about getting some ‘cause there bound to be some people flippin out.
Now this increase the taxes on people with annual incomes of $200G or more is starting to make sense. Mom and I live on much less so we’ll slide under his scalpel.
Gas is now over $3.00 a gallon here and food prices have been rising steadily. Had Bernanke not gone on this destructive path of dollar devaluation we may have experienced some pain but we would soon be on the road to recovery like Iceland is now.
Instead the only people profiting are the TBTF Banks/Wall St. who invented the risky products that created the economic collapse, the rest of us are in for a world of pain. At least those who heed the warnings and prep ahead of time will fare better the way I view it is hope for the best but prepare for the worst.
Thomas M. Hoenig who is a Fed governor (probably the best one)knows Bernanke’s policies are a disaster.
“To him, Mr. Bernanke’s plan is “a dangerous gamble” and “a bargain with the devil,” strong words that have rankled some officials of the Fed, where dissent is tolerated but not celebrated.”
http://www.nytimes.com/2010/12/14/business/14fed.html?_r=3&pagewanted=1&ref=business
None the less Banana Ben plans on moving full steam ahead!
Fed Retains $600 Billion Bond-Buying Plan to Boost Economy
“We’re not very far from the level where the economy is not self-sustaining,” Bernanke said. It’s possible the Fed may expand bond purchases beyond $600 billion, he said.”
Wall Street Sees Record Revenue in ‘09-10 Recovery From Government Bailout
10 Signs That Confidence In U.S. Treasuries Is Dying And That Financial Armageddon May Be Approaching
Could this really be the Conclusion?
It could be doing so to offer up a NEW solution (an internationalist leader promoting a new world order) that will seem to address the brutal rapidity with which they are now operating. Alternatively, as we have suggested above, there is no further strategy, only the continued unraveling of elite memes, an increased reliance on authoritarianism to invoke more centralized world governance and, as a result, an increasingly pathological dysfunction.
in full http://dailybell.ch/1595/Elites-Pathological-Dysfunction.html
Note even Bloomberg is reporting some think it’s a...
“Conspiracy”
Stocks Rally With Bernanke Bond Purchases as QE Buoys S&P 500
“‘Conspiracy Theory’
Some investors see a “conspiracy theory” that the central bank causes a stock rally on days of its purchases, Bank of America Merrill Lynch strategists led by Jeffrey Rosenberg said in a Nov. 2 report.”
Yes. To be precise. Inflation will start April, 19, 2011 at 9:17 AM EST. That is all...