Comments on: Bernanke on the defensive

By: fresnodan

fresnodan — Tue, 04 Sep 2012 09:57:27 +0000

The problem with Bernanke is pretty much the same as the whole government/ergulatory apparatus. The American people were being fleeced, defrauded, scammed, robbed and made to endure FORGERY on a historic scale. The “naionally recognized statistical rating organizations” (I like the imprinteur that “statistical” gives – so government like), Fannie, Freddie, and how many regulatory agencies that just can’t see any fraud acitivty going on. Really, to make a speech about finance and ignore that 99.9999999 – oh hell, one hundred precent of the problem was FRAUD means that Bernanke is part of the fraud and CODONES it.
http://www.ritholtz.com/blog/2012/02/hol der-obama%e2%80%99s-propaganda-is-%e2%80 %9cbelied-by-a-troublesome-little-thing- called-facts%e2%80%9d/

By: MrRFox

MrRFox — Sun, 02 Sep 2012 07:42:23 +0000

Bernanke should be defensive, as should the entire cadre of academic/government economists. No matter which school of econ-theory they espouse, they are the people who gave the ‘covering fire’ to the practices that maneuvered the Western World into the financial tar pit in which it presently finds itself mired.

Creating bubbles via QE is all the academics can wrap their heads around. You too, FS, seem to swallow the notion that it is only the bursting of those bubbles that harms us, not their creation. ‘Bubble without end – Amen.’ All-in-all, your apparent attitude stands in puzzling contrast to your nailing the matter dead-center here –

http://www.youtube.com/watch?v=Uz-mogsTP n4

Oh well – good to have you back in the saddle.

By: MrRFox

MrRFox — Sun, 02 Sep 2012 07:39:24 +0000

http://www.youtube.com/watch?v=Uz-mogsTP n4

Oh well – good to have you back in the saddle.

By: nahummer

nahummer — Sat, 01 Sep 2012 12:25:31 +0000

Bernanke and his bankster brethren need to be stopped before they’ve stolen all the wealth. Why are we so blind (or at least passive) to this robbery? It’s time to flip things on their head – http://theendisalwaysnear.blogspot.com/2 012/08/the-hazardous-morals-of-bankers.h tml

By: MrRFox

MrRFox — Sat, 01 Sep 2012 05:58:47 +0000

Bernanke should be defensive, as should the entire cadre of academic/government economists. They are the people who gave the policy green light to the practices that maneuvered the Western World into the financial tar pit in which it presently finds itself mired.

Creating bubbles via QE is all the academics can wrap their heads around. You too, FS, seem to swallow the notion that it is only the bursting of those bubbles that harms us, not their creation.

Oh well – good to have you back in the saddle.

By: AdamHooks

AdamHooks — Sat, 01 Sep 2012 02:16:07 +0000

Felix, Welcome back. I don’t share his politics; but, I too thought Clint’s speech was entertaining, not a fiasco. ~AH

By: johnhhaskell

johnhhaskell — Fri, 31 Aug 2012 20:09:59 +0000

When the various BoJ governors used these same arguments back in the 1990′s Bernanke sneered at them, and deservedly so.

By: booch221

booch221 — Fri, 31 Aug 2012 19:47:31 +0000

What is Bernanke worried about? Isn’t the Fed supposed to be independent? Is he worried about being reappointed when his term expires. If Obama loses and the R’s win control of the Senate that wont happen anyway. He should just do what he thinks is best for the economy, and let politics take care of itself.

By: FifthDecade

FifthDecade — Fri, 31 Aug 2012 18:33:19 +0000

Well, you can forget about the current incumbents of Congress doing anything to boost the Economy of the US, they don’t care about that so long as Obama gets no credit and the GOP wins the next election. Beyond that, their all millionaires anyway so why bother about what happens to their constituents? The loss of the US’s AAA credit rating showed they are only in it for themselves and their even richer friends, not the country itself.

By: FifthDecade

FifthDecade — Fri, 31 Aug 2012 18:29:27 +0000