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Attached for your viewing pleasure is an artist's (well, reader's) rendering of Ben Bernanke's PC desktop.
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This is the best post.
lol :) Thanks for today's work...
bitchin avatar. excellent.
Forgive me if I'm a little partial towards this one: Bernanke to the rescue
There should also be an option of "rig gold" or "sell tunsten bars" on his desktop.
agreed, avatar rocks.
awesome. awesome to the max.
Heh heh.
That's not Pamela!
lolz
Epic!
The Login ID is priceless. Also - he has that same mushroom
on his forehead as Lord Lloyd.
Thank you, TD.
Missing: seven stacked windows of Asian porn. O.K. I'm profiling here, maybe Ben's a simple, honest, totally monogamous family man but...ever notice when you see an Asian female/older white guy couple the guy almost always has a beard. What's up with that? It's true, seriously, indulge in a bit of empirical fun if you're out on the town this weekend...
where is the helicopter!!!where is the helicopter!!!where is the helicopter!!!
.
.
too funny
LOL "Burn Bitch"
LOL - yes
Awesome.
quick poll, end of world in 6 months or 2 years... a friend of mine and I are debating... not if, just when.
end of world = $USD loss of reserve status? 18 months.
the middle one
Summer 2012.
2016 for USA when California burns in non-stop food riots
Read "Cicil War Two: The Coming Breakup of America"
Available at America First Books
http://www.amfirstbooks.com/
Excellent. Laughter is the best medicine. Next time there needs to be a wallpaper of Rome burning in the background.
'Buy All' button ... classic
at market, not limit...
Also, the "Do Nothing" button on the "Policy Options" drop-down is greyed out....absolutely beautiful.
haaaa. didnt see that at first. classic
Let's not forget the all important 3:00 PM reminder chime...
The money supply chart is completely wrong. Money supply peaked in 2007, failed to expand exponential in 2008, started collapsing in 2009, and is now collapsing at a NEGATIVE -$808B pace for Q1 2010.
http://www.progressivefix.com/wp-content/uploads/2010/01/2nd-chart.gif
when is the last time you laughed?
I laugh all the time when I come to this blog. Some of the best comedy is right here.
Comedy has to have a kernel of truth to be good. Bigger Kernel-->much better than good - Ned
Also his inflation and hyper-inflation button appears to not be working since neither is occuring. Someone broke the Wizard of Oz's computer. He better send out another email warning the Lemmings, "the Helicopters are coming!".
The helicopters button doesn't do anything it just sends out email claiming the Helicopters are coming.
That made me laugh.
"Also his inflation and hyper-inflation button appears to not be working since neither is occuring."
The dollar has been hyperinflating since 1913; it's already happenning and were just too used to it to see it. To wit: 1 1913 dollar is now worth 3 cents. Tell me that's not hyperinflation.
It's not. Do you see any trillion dollar bills?
Not yet, but there are a bunch of drug dealers who would like to see the $1K bill make a come back.
Most transactions are now electronic (credit and debit cards, electronic bill pay) and some old fashion check writing.
Heh, Now that's how you boil frogs without them being the wiser: Do it over several generations!
I keep telling everyone that both the Fed's monetary & fed.gov's fiscal policies were strictly short-term in nature. When pundits say 'extend & pretend', guess what, it really was about temporarily extending & pretending until the "real" underlying economy began once again experiencing organic growth.
Ben's jawboning helicopter talk was bullshit, nothing more - simply printing money does nothing. Monetarism was/is all about changing perceptions - flood people with enough cash in order to get them to change/revert behavior (ie the 'green shoots' propaganda campaign).
The only chance was 2008. But if $24T (give or take a few Ts) didn't do it 2 years ago, it's over, done. The hail mary pass was incomplete and the clock ran out. It's not the amount, it's the psychology.
Chick Hearn, the late Laker announcer, used to try and call blow outs as early as possible with his "This game's in the refrigerator: the door is closed, the lights are out, the eggs are cooling, the butter's getting hard, and the Jell-O's jigglin'!
Ilargi @ TAE called it a few weeks ago; Mish joined him today with his "That's all folks". Denninger is still hedging, but will probably break within days/weeks with a flat-out declaration.
Drop the Hollywood imagery of drama & suspense. The next decade(s) is just gonna be a grind while we de-lever and work through the malinvestment.
When the amount of products you produce as a nation continues to go down why services, entitlements, and other government spending continues to go up, you will always have a deficit. That said deficit will not reverse itself by injecting money or hopium..
40 years of trade imbalance will not be fixed by any model that simply moves money around or borrows from the future. We need fundimental changes, not injections.
Americans need a sobering and honest view of our situation, this is the only thing that could bring about the neccessary change.
Love the post.. Laughed really hard.. I'm going to capture that image and use it as wallpaper on my desktop..
"Ben's jawboning helicopter talk was bullshit, nothing more - simply printing money does nothing. Monetarism was/is all about changing perceptions - flood people with enough cash in order to get them to change/revert behavior (ie the 'green shoots' propaganda campaign)."
100% correct, it's Benny's job to keep the Lemmings marching along until they hit max capacity. Once you hit max capacity bullshit Helicopter talk does nothing at all but separate the Lemmings that believe in bullshit from the ones that don't.
If someone thinks there hyperinflation going on they need to just tell me where they live and I will be glad to take some worthless paper off their hands. I will send mucho trucks over.
<Sigh> Mako who's your favourite entrails reader for quantifying M3? 'Cause, sorry to burst your paper bubble but M1 and M2, which are still being reported, are inflating, despite all the egregious deleveraging going on for the last two years. And even the abracadabra'd 'core' CPI, which does everything it can since the 80's to avoid illuminating any actual price increases in the necessities of existence, is now showing, wait for it: price increases. Last time I checked price increases were a symptom of inflation. Go figure.
To wit:
"Today, the Federal Reserve no longer reports M3, which is unfortunate because it eliminates the possibility of accurate historical comparisons. M3 is estimated by economists by modeling historic trends. However, these models become less reliable as we move further from February 2006, the date the Federal Reserve stopped reporting M3. Eurodollars, a major M3 component, is particularly difficult to model.
In any case, much attention is being given to these private estimates, even though the decline in M3 they are reporting stands in marked contrast to M1 and M2. The Federal Reserve reports that these two money supply measures have grown 7.1% and 1.7% respectively over the past twelve months. Thus, by these two measures, the dollar is inflating, i.e., the quantity of dollars is expanding – particularly so for M1 – relative to the available stock of goods and services being produced in today’s depressed economy.
This inflation is also apparent from market prices. For example, crude oil prices have more than doubled since their post-Lehman crash low. More broadly, the price index of 19 commodities compiled by the Commodity Research Bureau is up 46% during this same period, which makes clear there is no deflation. " - James Turk
From: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/7/8_James_Turk_-_Threat_To_The_US_Dollar.html
Oh, and if you want my FIAT, you're welcome to it. I would gladly exchange it for some real money (I assume you would offer a price below spot, just to demonstrate your professed confidence). I'd bet that even you know exactly what I mean by 'real money'.
Regards
Total credit market debt see FR Z1 report. You are talking about M1 and M2 and such well those are just a tiny fraction of the system so you are not busting anything. M1-2 are farts in the wind to the size of the system. I mean M1 is less than $2T, whoopie do. They system is 35+ times bigger than M1. Let me see you think all this stuff runs on M1 M2 and M3. Sorry total credit market debt is $52.1T down from $52.9T, whoops system doesn't run backwards.
The system contracted by $808B from Q1/2009 to Q1/2010, it now stands at $52.1T which must be serviced, whoops.
"This inflation is also apparent from market prices."
That is not inflation, that is price inflation. Inflation is negative.
"I'd bet that even you know exactly what I mean by 'real money'"
Real money is whatever two or more people agree to.
If there is so much fiat, just tell me where to pick it up. You are setting up a strawman.
Let me know when the Helicopters show up, still waiting. The fact of the matter is the helicopters were flying for 63 years, they stopped flying in 2007.
YOu are Ben's favorite type of Lemming, those that believe in Helicopters.
Speaking of 'strawmen' and 'lemmings': Mako, you want to delude yourself that debt is real money, fine. Good luck with that. For the sake of argument, I'll run with you and your ilk's dupedom of fantasy:
Firstly, note that I stated that price increases are symptomatic of inflation, capiche?
"The fact of the matter is the helicopters were flying for 63 (er, try 97) years, they stopped flying in 2007"... and a fleet of them took off again with a vengence in late 2008 and have been flying worldwide right up to today; there are more warming up on the pads...
If M1 and M2 are such 'teardrops in the rain', why are they defiantly continuing to increase (inflate) in this supposedly deflationary environment?
Why are prices of necessities rising in this supposedly deflationary environment?
Ans. Deflation for you, because you didn't/will-never see any of the bailout trillions, you just get to lose your job. But the plutocrats get all their FIAT for free (or less), and they are spending it like it's goin' out of style (it is) on hard assets, which will always be in vogue (ie have intrinsic value) and as such are much, much more akin to real money. So, it might not be entering the world economy as credit to the same degree as it was pre-2007, but it's still making it out there. Just not into your wallet. 'Cuz they ain't interested in your desire to borrow anymore cous', they've already got you pinned down nicely with debt, slave. Job done.
"The system stands at $52.1T which must be serviced."
How do you think it will be serviced? Well, whatever YOU owe, YOU will pay out of anything you happen to have left, with hard assets if necessary (most likely 'preferably'), but what you can't pay will be printed ad infinitum, because we all know who isn't going to lose a single decimal of FIAT under any circumstances.
End of.
Nice Dog, nice... Fed's monetary...I'll give you a maybe. FED.GOV Fiscal? Going to orbit, no holding them back. Especially if the Nov. elections go bad for Dems; Nov-Jan gonna be a feeding frenzy.
There is no ambitious "real underlying" economy;anyone interesting in surviving is pulling in horns and other body/financial parts. U.S. Economy is being systematically starved (Yes: Stalin and Kulaks {intentional analogy}) with malice aforethought.
If you can find the "conventional" democrat response, good luck. But there is a lefty revolt coming viz. moonbat votes against the drilling ban.
It is counter-revolution vs. your:
This ain't no workout.
- Ned
Fuck yeah! Nice reference on Chickie Baby - Laker hoops was never the same after his retiring/passing
Your chart only goes to 1960. Show it all the way to 1910, and it'll look a lot more like the one on the desktop picture.
The chart does not go up like an L in 2008... money supply had been going up 7%+ since 1944 on average. The chart pictured goes basically vertical in one year and appears to be still going up. This is not happening, it's actually going down.
http://wallstreetexaminer.com/forums/uploads/monthly_07_2010/post-5034-1...
This chart doesn't show the destruction now happening basically the $800B+ that vaporized and is continuing. All you lemmings peaked out in 2007, in 2008 lemmings gave up the fight... 2009 collapse of the money supply started and doesn't appear to be wanting to stop anytime soon.
If you believe inflation to infinity you would be buying anything you can get your hands on right now... let me know how that works out.
I know the "Helicopters are coming!". I am still waiting, tell Benny to send me over 99 Virgins and 12 pack while he is at to. No helicopters are coming to save you or anybody else.
My god; you are a fucking idiot, aren't you ?
Lighten up man. I know it's tough being the smartest guy in the room and all but it's Friday and this isn't actually a serious post. It's not like you never take a swipe at others for their substance-less ad hominem attacks.
Besides, you have to get out a goddamn slide-rule to even figure out what the hell you're responding to here (since you give no reference). Make an argument or a wisecrack but this kind of serial bitch-slapping, even when somewhat justified, adds no value at all.
Hey Mercurio!
Next a time you have enough a respect to wear a sock on a your cacchio before you fuck Cheeky up a the ass like that.
† got it. nervous fat fingers though, i some times shake a lot when in trouble.
Dear Mr. Cheeky Bastard,
I am impressed by Mako's cleanliness. Whereby I am impressed by your reputation here, I do not understand what you post. And now you say something that I find impolite. I am unhappy.
---
Excuse me apparently you are replying to Faustian and not Mako. Apologise. Its still impolite though.
pussy and slaves?
now that i think about this one, maybe they are one in the same
You are confusing M3 with M0. QE primarily effects M0/M1 - not M3. You are clearly not as smart as you think you are.
bahahaha
Alas, I have found new wallpaper.
did it.. done.. looks sweet..
it aint crashing. the worst is over.
What about the 8 million people behind on house payments? The trillion in Muni bonds coming? We've just realized the plane is out of gas. The tailspin will come as soon as we loose thrust from BB farting out every bit of future wealth we have or think we have..
I would like nothing more than for you to be correct..
"Three things cannot long be hidden, the sun, the moon, and the truth" Buddah
Needs a shortcut to MS Word form letter supporting an increase in the debt limit.
That's soooooo 1992.
There is an iPhone app for that now, he can send his support for raising the debt limit while he's in the stall wiping his hinder with $50 bills.
I was in the men's room while he was doing it. He grunts and laughs the whole time. It was terrifying, I couldn't sleep for 3 days solid after that.
He doesn't use ThinkorSwim...
"Who...does...number...2...work...for?"
http://www.youtube.com/watch?v=J-YVt4gfquA
Great work. Only thing missing is the "SLAM GOLD" button.
lol - brilliant addition
Agreed.
Bingo.
He's got a Kitco tab open 24/7.
Bank on it.
Uhhh, is that Windows XP Media Edition???
Windows Vista,
no one's buying it, it's filled with useless repetitive messages and prone to crashing.
I wonder what the pull-down menu for "Helicopters" is?
QE2?:
http://bestofepicfail.com/wp-content/uploads/2008/07/helicopter_fail.jpg
Launch QE2
http://www.vagablond.com/images/QE2_LIBERTY.jpg
Wait. No CNBC playing in a window? How will he know when to grab the red phone and tell someone to get that fucking anti-Keynesian guest terrorist off the air to preserve our freedoms -- or else?
Though I'm glad to see he has a panel ready for the QE2 drop. Shovel-ready money transfers to the TBTF, that's the ticket.
Bring on the Helicopters:)
Hahahaha.....Fancy that,"Private Benjamin" Bernanke is also a little porno-freak.Hohohoho oh-my.
correction: too funny, the sad thing is , I know that most financial advisors wouldn't get it, would they?
'Current browsers sessions' did me in - I laughed and laughed at the parallel universalism of the Mind of TD.
Wicked!!
+ 1000
I was laughing all the way to the end. When I saw that, I clipped and emailed it to all my friends interested in "investments".
Tyler,
You should have at least one of these comedy posts every Friday :)
Great idea. Desktop satire is rich in possibilities.
How about a typical SEC work computer?
Drop down menus while the main tranny porn surfing browser is running??? "Regulation Enforcement" which drops down to "ignore", "acknowledge and do nothing", "slap on wrist"?
Supurb idea! Lots of potential.
Who removed the background picture.
Where's the sheep?
that's baaaa-a-a-ad
It may be the funniest post of the week, anywhere (L'd mao). Epic!
What, no tranny pron?
LOL! This was awsome, but I see Ben has the same IE windows open that I do.
Dont talk shit about Cracked.com. Its a good site.
ROTFLMFAO! Good stuff!
"Burn Bitch", "Buy All", Currently open browser sessions, Money supply chart - classic.
"View Porn" in the menu bar - priceless.
Great stuff.
However, I think "the Chairman" would have a two screen set up. One for his "punim" with the caption "I am the great and powerful Oz" and the other for all of his market manipulation tools--as well documented by the artist.
that's "ponum." and it had a meaning before Dr. Evil used it.
I know there is hubris all over at the fed, but really? An app with a picture of himself saying Fuck Yeah?!
needs a skype window w/ blankfein krugman trichet merkel obama and the rest of the usual suspects - brady bunch style.
LOL, "Heres the story"
"of a central banker"
A little theme music with that image.
I can hear Ben playing his favourite track in the background....can ya hear it...
Dire Straits "MONEY FOR NOTHING AND YA CHICKS FOR FREE"
http://www.youtube.com/watch?v=V5ZEzWwKJnY&feature=related
I'm glad everyone enjoyed it. And as has been noted, the money supply graph probably should have been labeled 'Fed Balance Sheet', as the money hasn't gotten out into the system yet.
Happy weekend.
Awesome.
Coming Soon: Helicopter Ben, The Board Game. The possibilities are endless...The obvious spoof would be Monopoly with Ben as Mr Moneybags. Another possibility, however, is Go For Broke or Candyland.
Have to take the "go directly to jail" card from the Monopoly game for the FED version.
Diagonally across the box cover:
"Now with 5x the Money of the original classic!"
And an advertisement panel that states:
"Have even more fun with the QE bonus money package. Quintuples the already expanded money supply. New rules allow player-banker to inject money to favored players at whim! Never "pretend" $1 are $1000 bills again!*
*QE package sold seperately."
Funny as hell, +31.1034768
Really should have the handy packet filter running, plugged into the routers with the proper packet search, natch.
Fuck yeah I rock
ROTFLMAO
Geez, I thought is was just two buttons:
[Print]
and
[Print More]
Nah. This is Ph.D stuff!
LMAO! Now, how can I get this as my desktop wallpaper?
Just in case you're serious:
click on image to enlarge; right click - 'save image as' - save to your desktop; right click the saved file, the second option in the menu is 'set as desktop background'.
If that doesn't work, go to Control Panels, Display and find the background image option among the tabs
where is the chickswithdicks.com window? We know he is linked up to the SEC mainframe too.
Oh my bad, I see the View Porn tab now ROFLMAO
Someone needs to start making T-shirts of this, damn its hilarious.
Needs an ink level graph for the printers...
That is hilarious! Thanks..
Although I think you forgot the AIM chat window with O, TinyTim, etc.
best post of the week!
how about some YAHOO IM windows showing BB in contact with Lloyd, Dimon, etc directing the primary dealer stock ramps via chat
view porn, pull down menu.
CAPTCHA - Wikipedia, the free encyclopedia≠
C'est chouette!
You forgot the BitTorrent app pushing 1 trillion dollars to Europe
its GREAT..could use picture of a helicoptor, no?
.
That is Hilarious *****
NEVERMIND:
http://williambanzai7.blogspot.com/2010/07/nevermind.html
Too funny! However, I was convinced, based on Bernanke's history that he was still using MS Dos, which would explain his "Abort, Retry, Ignore" handling of the economy.
I seriously doubt Ole Helicopter is running a Linux box with Gnome (of Zurich?) on it.
Both the post and the additional creative comments = just too much..!! hilarious...
Thank you..With all this messed up world going on, this is so needed..
made my day lol
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