“The buyer of only result”
Sounds like Sarah Palin has finally found Zero Hedge and Karl Denninger’s excellent websites (among a few others).
Good. Maybe now we can get some daylight between official Republican policies and TARP I,II, Ben Bernanke and the continued bankster pillaging.
I hope not. Both of those blog sites are worse than worthless for people who don't know much about finance, and sources of astonishment for those who do.
To be fair, each occasionally does pick up on something interesting, but it's rare indeed.
I don’t know if Sarah reads them she just might be far more intelligent and realize these things all on her own. Either way I am impressed by her knowledge I wish more conservatives would join her on this issue.
In any case I like those sites this is something I wonder if many people realize?
Now they’re at it again. First, Ben Bernanke imposed, without a vote, a tax on the American People of over $1 trillion through his original “QE “ game. This went immediately into commodity and stock prices worldwide but was in fact a tax on you, and on every productive business. This is the reason that unemployment remains at close to 10%. By now we should be well on our way to recovery. The government blew $600 billion on stimulus programs. They got nothing for it because of QE, which took it all back out, plus more through the tax - a tax that went directly into the bankers pockets. This unlawfully-imposed tax was used to cover the banks’ insolvencies, along with the blatant extortion practiced by Rep. Kanjorski on FASB (who, incidentally, lost his seat Tuesday.) But the banks did not clear their balance sheets - they are, in fact, still insolvent. Instead, they literally took the money and paid it in bonuses.
Now that the banks are once again running out of money Ben Bernanke is at it again. He has announced another $600 billion in illegal taxation on America, and intends to give it again to the bankers. A good part of it already showed up in oil and other commodities. The rest of it will. It is guaranteed. The “benefit” will go overseas. The tax will fall on you.
THIS IS THE LARGEST TAX EVER IMPOSED ON THE AMERICAN PEOPLE IN THE HISTORY OF THE NATION. IT IS MORE THAN FOURTEEN TIMES THE BUSH TAX CUTS “ON THE RICH” THAT EVERYONE IS DEBATING. GOLDMAN SACHS BELIEVES THAT BERNANKE WILL IMPOSE A TOTAL TAX THROUGH QUANTITATIVE EASING OF MORE THAN FOUR TRILLION DOLLARS OVER THE NEXT TWO YEARS, OR MORE THAN FIFTY SEVEN TIMES THE BUSH TAX CUTS.
In full http://market-ticker.org/akcs-www?post=171263
More Glenn Beck On Devaluation
He “gets it.” Will you wake up America?
http://www.youtube.com/watch?v=s2t5YSl44dU&feature=player_embedded