This page has been archived and commenting is disabled.

Guest Post: The Road to Madness Is Paved With $100 Bills

Tyler Durden's picture





 

Submitted by Graham Summers of Phoenix Capital Research

The Road to Madness is Paved with $100 Bills

 

…just as I am affected by the maniac, so I am affected by most modern thinkers. That unmistakable mood or note that I hear from Hanwell [an insane asylum], I hear also from half the chairs of science and seats of learning to-day; and most of the mad doctors are mad doctors in more senses than one. They all have exactly that combination we have noted: the combination of an expansive and exhaustive reason with a contracted common sense. They are universal only in the sense that they take one thin explanation and carry it very far. But a pattern can stretch for ever and still be a small pattern. They see a chess-board white on black, and if the universe is paved with it, it is still white on black. Like the lunatic, they cannot alter their standpoint; they cannot make a mental effort and suddenly see it black on white.
           
                            ~C.K. Chesterton

Ben Bernanke is insane.

I mean neither insane in a flippant sense, nor in the ordinary sense (as in plain nuts), but an even more insidious form of insanity, namely the insanity of one who cannot see the world as a place outside his own thoughts and beliefs.

I am speaking of the insanity of one who believes that all things can be reduced to a simple issue or pattern, the insanity of which Chesterton spoke in his essay The Maniac.

Indeed, all of Bernanke’s monetary policies and actions can be traced to his one core belief: that the US Federal Reserve didn’t do enough to stave off the Great Depression. Never mind that this belief is completely inaccurate (as the data clearly shows), it is the foundation of Bernanke’s entire academic and now monetary career. It is the lone road on his mental map of the world.

It doesn’t matter that the road is leading us all to disaster, for Bernanke there is simply no other course of action to take. In his mind, the Fed failed to act in the ‘30s and so he MUST act regardless of facts, data, or consequence.

Indeed, were any of us to point out to Bernanke that his claims regarding inflation (that it is contained), unemployment (that QE will help it), or economic growth (that we’re in a recovery) are all at complete odds with reality, his answer would be, “well, it would be much worse if I hadn’t acted.”

This is the hallmark of an insane argument. It is logic without common sense, reason taken to the absolute limit, unable to consider anything outside the confines of its own understanding. Bernanke will drive us all to ruin, pushing ever harder on the gas pedal and repeating, “I must act, I must act, I must act” under his breath in order drown out the cries of, “stop, you’ll kill us” from the 308+ million of us sitting in the backseat.

Indeed, the only ones whom Bernanke can hear are the Primary Dealer banks, all of whom slap him on the back and tell him he’s doing a great job. Bernanke is the nerd with a single skill the jocks currently find useful. And he’s mistaken their support for genuine admiration and camaraderie. He feels their hands slapping his back and doesn’t notice the “kick me” sign they’ve installed there.

And herein lies the great irony of Ben Bernanke and his academic theories. The Primary Dealer banks, who pull the real strings at the Fed and who are only interested in making money (not theories), will use him and his misguided beliefs to serve themselves for as long as the benefits of said theories, namely hundreds of billions in free money, outweigh the risks (public outrage), just like all capitalists do when considering an investment.

However, once Bernanke’s policies bring the US public to a true boil, the puppet masters will discard their Chairman and his misguided theories like an old, broken toy. They’ll make a human sacrifice of him, pinning the blame for the collapse of the US Dollar and the US’s descent into 3rd world status on his slouched academic shoulders right next to the “kick me” sign. For when the public wants blood, it will be Bernanke, not the banks or their bonuses, who will be sacrificed.

It’s tragic, especially for the thousands of people who are now literally starving because of Bernanke’s monetary madness, that the nerd who wanted so desperately to fit in with the big shots will find himself and his theories discarded in the dustbin.

At least he got a Time Magazine cover out of it. For the rest of history, his 15 minutes of fame will stare out at us from the archives of other discarded maniacs. Indeed, he’ll find himself in good company, surrounded by others who believed the world fit only into their own manias; men such as Hitler and Stalin.

Good Investing!

Graham Summers

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 01/31/2011 - 21:58 | Link to Comment Id fight Gandhi
Id fight Gandhi's picture

Why did we discontinue the grover clevelands again? We need a higher bill than the 100

Mon, 01/31/2011 - 22:15 | Link to Comment ipud
Tue, 02/01/2011 - 00:21 | Link to Comment TruthInSunshine
TruthInSunshine's picture

larry kudlow blames the fed for food riots

 

Sonofabitch. Kudlow and I are allies, now. Whodathunkit?

Tue, 02/01/2011 - 00:22 | Link to Comment Quixotic_Not
Quixotic_Not's picture

Beware of misinformation ministers working for the enemy...sometimes they use a little truth to lull you into complacency.

Tue, 02/01/2011 - 01:30 | Link to Comment RockyRacoon
RockyRacoon's picture

Kudlow blows in the wind of the latest thought fad.

Or, maybe he just does blow.  Who knows?

Tue, 02/01/2011 - 09:57 | Link to Comment chumbawamba
chumbawamba's picture

Pudblow.

Mon, 01/31/2011 - 22:27 | Link to Comment The 22nd Prime
The 22nd Prime's picture

In the 80s some of the swinging dicks I knew carried Grovers for show.

I doubt they're carrying Kruggers now.

 

Mon, 01/31/2011 - 23:11 | Link to Comment Thomas
Thomas's picture

They want less cash not more. In fact, they want no cash so they can (1) track every transaction, and (2) charge a fee on every transaction. A cashless society will be oppressive.

As to Bernanke, we will call him Lee Harvey Bernanke.

PS-Can you throw me easier math problems? The ones I'm getting seem to demand linear lalgebra, which I long-since forgot.

Mon, 01/31/2011 - 23:14 | Link to Comment Temporalist
Temporalist's picture

But the AAPL fans think purchasing everything via their smartphones is how the cool people do it...so they must be right.

Tue, 02/01/2011 - 07:06 | Link to Comment steveo
steveo's picture

Amazing that people don't see the danger in this.

Tue, 02/01/2011 - 13:04 | Link to Comment BigJim
BigJim's picture

I think fears of the cashless society are probably overblown. Middling bureaucrats love the idea, but our glorious leaders want to be able to buy and sell out of the public eye, for their own nefarious reasons.

Tue, 02/01/2011 - 08:00 | Link to Comment Surly1
Surly1's picture

Pretty soon every transaction will recorded via the chip embedded in your neck. Ah, the convenience.

"For everything else, there's a Verichip."

Tue, 02/01/2011 - 02:59 | Link to Comment Zyroh
Zyroh's picture

because he didn't support the idea of a central bank.

Tue, 02/01/2011 - 05:45 | Link to Comment critical_mass_soon
critical_mass_soon's picture

why not just go straight to endgame and make our own 100,000,000,000,000 note like zimbabwe!

Its like albert said, "there are only two things that are infinate, the universe and man's stupidity"

the time is coming, prepare accordingly.

Tue, 02/01/2011 - 07:23 | Link to Comment vinayPandey
vinayPandey's picture

and he wasnt sure bout the first one

Tue, 02/01/2011 - 07:00 | Link to Comment bigelkhorn
bigelkhorn's picture

I have bank troubles already. i walked in today, and
they kept asking why I need to take out 5k...what a Joke.

I am getting nervous that this collapse is going to come quickly.

Here is an interesting economic report for 2011. I have been following these guys for a while and they are good.

Check out their latest report here ==> http://bit.ly/hjE236

Tue, 02/01/2011 - 10:40 | Link to Comment MilleniumJane
MilleniumJane's picture

Why did we discontinue the grover clevelands again? We need a higher bill than the 100

Yeah, I dig that.  Let's nominate all the modern presidents who pushed us relentlessly to Third World status...Nixon for taking us off the gold standard, Reagan for busting the unions and deregulating Wall Street, Bush Sr, Bush Jr, oh and let's not forget Slick Willy for repealing Glass-Steagall.  Lastly, I nominate Barry Obama for the $1,000,000 bill for being such a dumbass and trusting the multiple JPMChase-GS-GE alumni whose advice is so much horseshit in the rain.

Mon, 01/31/2011 - 22:04 | Link to Comment Sokhmate
Sokhmate's picture

genuine question: is the Bernank working alone, ie single handedly spelling the financial sorcery, or is his hands tied, or hips joined, with other entitties? genuine question.

Mon, 01/31/2011 - 22:43 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

The Bernank is the front man, the people's puppet if you will, who is playing/conducting a 100 piece orchestra. He was specifically selected because he would follow this path.

BTW if The Bernank is insane, and I firmly believe he is, we are all insane.....which I also firmly believe.

Mon, 01/31/2011 - 22:54 | Link to Comment New World Chaos
New World Chaos's picture

Yes.  This insanity is what it is like to be living in a Matrix created by the collective consciousness of the oligarchy.  There is nothing truly supernatural about a collective consciousness, just as there is nothing truly supernatural about neurons creating a mind.  What I am saying is that there is at least one more larger mind, one level of reality up from us.  This mind seeks to bind the world in eternal ignorance and servitude.  America has interfered with its evil plans more than once, so it seeks to annihilate us once and for all.  That is why we are being screwed from all directions.  There are no coincidences. 

BTW, I think this hive mind is at least as old as Rome.  Rome is where it learned the first rule of being a parasite:  Don't kill the host.  A fragment of its consciousness survived in Venice and in then spread out to Europe and the rest of the world.  The wiser ancients knew of its existence.  They called it Satan.

Mon, 01/31/2011 - 23:21 | Link to Comment sschu
sschu's picture

They called it Satan.

Yes, there is no other explanation, I agree.  Below is a quote I plagarized from a fellow ZHer, I think it captures the world today.

"Just look at us. Everything is backwards. Everything is upside-down. Doctors destroy health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the major media destroy information, and religion destroys spirituality."---Michael Ellner

sschu

Tue, 02/01/2011 - 00:49 | Link to Comment New World Chaos
New World Chaos's picture

"And ye shall know them by their fruits"...  These are the fruits of the Prince of Lies.  Corrupting religion was a major coup, but the Catholic Church left itself wide open by having an oligarchical structure (a hierarchical, secretive religion with the blessings of the state).  Even now, look how America's Christian fundamentalists are Satan's loyal stormtroopers- fighting his wars, supporting his police state, spreading his hate, etc.  I think he likes to savour their souls as their smugness turns to horror when they realize how they have been played.

Tue, 02/01/2011 - 04:59 | Link to Comment Bananamerican
Bananamerican's picture

I like the way you think brother....

ever read "People of the Lie"?

Tue, 02/01/2011 - 08:46 | Link to Comment The Profit Prophet
The Profit Prophet's picture

...perhaps the most misguided statement I have ever read on this site.....

Another equally accurate phrase that could be added to Mr. Ellner's rather ingenious observations is the following:  "and the evil will see themselves as blessed, and the blessed as evil".

Perhaps you should have a long hard look in the mirror my friend and ask yourself the following question: as misguided as some of their actions may seem to be, is it really the people who pray for man's salvation and make personal sacrifices to God who are Satan's minions.....???

Wake up friend!  

Tue, 02/01/2011 - 11:01 | Link to Comment MilleniumJane
MilleniumJane's picture

I grew up in a conservative Christian household but have become more of an agnostic over the years.  I believe that Satan is a personification of humanities' base desires and our struggles to contain them.  My sister and I were taught that Satan is subtle, deceitful and as the prince of this world, could cloak himself any way he wanted to.  Some of the most shocking scandals in our modern age have exposed the immorality of priests and clergy.  The sex scandals, pedophilia, theft of money, pornography...just because one is saved does not mean one is exempt from the devil's temptations.  The ultimate goal of religion and sprituality, I think, is to become conscious of these desires and their influences on ourselves and the world.

 

Tue, 02/01/2011 - 14:51 | Link to Comment The Profit Prophet
The Profit Prophet's picture

So I guess your argument is that because you have witnessed human frailty and hypocracy in organized religion, you have turned away from God.

In other words....Satan has won you!  Congratulations on making the power of your own intellect your God.

And thanks for making my point for me.

T.E.I.N. everyone! 

Tue, 02/01/2011 - 22:44 | Link to Comment New World Chaos
New World Chaos's picture

Not just fundamentalists.  All control freaks, and almost everyone in a position of power.  Those who are devout and do not seek desire power and control are on God's side.  Also have to understand that everyone serves the Devil sometimes.  The trick is identifying when, and then resisting. Like Millenium Jane said.

Tue, 02/01/2011 - 09:04 | Link to Comment blindfaith
blindfaith's picture

the collective mind set is the evil, there is no entity "Satan" driving any actions of man...just man himself.

We create supernatural entitiesto explain what we can't reason out for happening, for being, for blaming, for celebrating.  It is and has always been MEN who create what other men perceive as "good" or "evil".  The idea of some kind of "reward" for doing the 'enity's' work or bidding, is far far more powerful than doing it for another man.  The same holds true for corporations and governments...and of course the the founding father of the power which is religion.

 

Now, who is the person junking all the posts on this page?  Someone from FOX, CNBC, or Goldman?

Tue, 02/01/2011 - 10:05 | Link to Comment chumbawamba
chumbawamba's picture

Not belieiving in Satan is as dumb as believing in God.

I am Chumbawamba.

Tue, 02/01/2011 - 10:37 | Link to Comment HoofHearted
HoofHearted's picture

"The greatest trick the devil ever played is convincing man he doesn't exist."

Tue, 02/01/2011 - 11:15 | Link to Comment MilleniumJane
MilleniumJane's picture

Yup, someone is definitely on a junk-a-thon.

Tue, 02/01/2011 - 00:04 | Link to Comment Oracle of Kypseli
Oracle of Kypseli's picture

I repeat: Bernanke's only prayer is a new ice age. If he doesn't get there, he will pull the trigger of his own Glock 40. Templar shot at an upward 33 degree angle which will blow both lobes away and leave a mess for his maid to deal with.

Tue, 02/01/2011 - 08:43 | Link to Comment whatz that smell
whatz that smell's picture

darth greenspan called it "creative destruction".

Tue, 02/01/2011 - 09:29 | Link to Comment Pope Clement
Pope Clement's picture

+666

Mon, 01/31/2011 - 23:24 | Link to Comment serotonindumptruck
serotonindumptruck's picture

I enjoyed your post. The simile and metaphor come together well.

Your point regarding this overmind, or elevated sentience that would seek to control us all with nefarious and malicious intent intrigues me. Perhaps our perceptions of reality are narrow enough so that those same perceptions can be influenced and manipulated, imposing compliance and passivity on to the herd collective.

Mon, 01/31/2011 - 23:48 | Link to Comment New World Chaos
New World Chaos's picture

The Overmind has many more neural pathways than the average human, therefore most people's only real degrees of "freedom" are those that don't matter:  Obama or McCain?  Pepsi or Coke?  Kardashians or Dancing with the Stars?  The Matrix really coalesced quite well after all the media mega-mergers financed by Wall Street.  I bet they put quite a few conditions on rolling those loans.  Plus everyone wants to mortgage their future with non-dischargeable debt in exchange for four years of socialist brainwashing that destroys critical thinking skills in general and individualism in particular.  Yeah, I smell a Satanic plot.

Mon, 01/31/2011 - 23:58 | Link to Comment serotonindumptruck
serotonindumptruck's picture

The ultimate mechanism of control exists through the application of fear and the covert threat of violence.

You will obey.

You will comply.

Or we will kill you. 

Tue, 02/01/2011 - 00:20 | Link to Comment New World Chaos
New World Chaos's picture

Ayn Rand:

Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: 'Account Overdrawn.'

I think she also said something resembling "At the bottom of every stack of regulations you will find the robber's gun".

BTW, I think this hive mind has spread far beyond the elite.  Law, court precedents, bureaucratic structures, paper securities, prisons, the military-industrial complex and stupid thug cops have all been assimilated into its substrate.

Tue, 02/01/2011 - 00:41 | Link to Comment serotonindumptruck
serotonindumptruck's picture

"...I think this hive mind has spread far beyond the elite.  Law, court precedents, bureaucratic structures, paper securities, prisons, the military-industrial complex and stupid thug cops have all been assimilated into its substrate."

Nice to see another who has been fully awakened and is completely aware.

There seems to be many such kindred spirits here at ZH.

Tue, 02/01/2011 - 00:46 | Link to Comment Quixotic_Not
Quixotic_Not's picture

...have all been assimilated into its substrate.

Funny how violent tribes attract sociopaths likes flies to crap, isn't it?

Tue, 02/01/2011 - 01:30 | Link to Comment New World Chaos
New World Chaos's picture

The hive mind tills the soil for itself by creating a system that gives sociopaths their routes to power, fun, and Darwinian advantage.

Tue, 02/01/2011 - 02:09 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Very well said NWC. All the way upthread.

Here in India, the sowing, reaping cycle of sociopathy is an open secret. The criminal underclass has the reigns of power at the local level. The elite criminal overclass has control at the national level.

They do a nice tango and the country is a mess as a result.

In the US, I think people started believing their own white-wash propaganda of greatest, cleanest nation. But in my time there, the level of apathy and socio-apathy were stunning. 

The cops were awful for the most part. Thin veneer of decency. Especially towards us Immigrantes! 

Clearly the cycle, much like abused soil, has or is fast coming to an end.

About time, about turn.

ORI

http://aadivaahan.wordpress.com/2011/01/31/then-again-people-choose-yoga-over-gurdjieff/


Tue, 02/01/2011 - 02:12 | Link to Comment Quixotic_Not
Quixotic_Not's picture

Well, India does have a nice caste system over there, how's that working for you?

Tue, 02/01/2011 - 07:48 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Very well Quixotic. Very well thanks.

Just by the way....when were you in india last? or are you an armchair two-rist?

I suspect the latter.

ORI

Tue, 02/01/2011 - 02:28 | Link to Comment New World Chaos
New World Chaos's picture

Sorry about your treatment at the hands of America's finest.  I despise the pigs.  When the system collapses and they are paid in worthless currency, they will become the most ruthless gangsters out there.

Besides the lives they ruin directly, cops dance the sociopathic tango by letting some violent sociopaths go free so that the sheeple will support a bigger, nastier police state.  They need the crimminal underclass as much as the elites do.

Tue, 02/01/2011 - 02:43 | Link to Comment WaterWings
WaterWings's picture

Great posts. It makes perfect sense. The concentration of great evil indicates something(one) behind the scenes. To reject the idea of its existence would be its greatest triumph. Confusion reigns, darkness intensifies.

Tue, 02/01/2011 - 05:16 | Link to Comment Bananamerican
Bananamerican's picture

"The hive mind tills the soil for itself by creating a system that gives sociopaths their routes to power"

As man created god in his image, so too, Satan. Heaven and hell are just metaphors for potential human systems with hell providing the quickest/easiest/most self-defeating and least sustainable  path to "happiness".....The idea of human "Power" itself is an illusion.....ask Mubarak...ask a banker in the year 2017 if you can find an admitted one...

Sociopaths "take" power by taking advantage. They cheat, they destroy.....Why? Because it's EASY. Fool's gold.


 


Tue, 02/01/2011 - 09:25 | Link to Comment pazmaker
pazmaker's picture

Indian I appreciate many of your post and understand your dislike of a apathetic plastic culture, but believing in how one should focus on their world how they can make it better, sometimes it is better to start at home before saving the world.

How about starting here:

Summary

3 million indigenous rat-catching tribals in India suffer from poverty through use of an inefficient and hazardous traditional rat-catching method. New technology/plan is safer and more profitable.

http://thestar.com.my/lifestyle/story.asp?file=/2010/11/29/lifeliving/74...

 

Tue, 02/01/2011 - 07:00 | Link to Comment Wynn
Wynn's picture

Q:   Why is there so much suffering in the world?
M:  Selfishness is the cause of suffering. There is no other cause.

~~Nisargadatta

That one sentence explains every problem in the world, but most people can't/won't see it. First, the word selfish means much more than just being greedy, it describes the persuasive idea of believing you are separate from the world. Then, failure to understand the true nature of the ego causes people to miss what is real.

Two more quotes worth considering: "What you think - you become" & "The mind makes a good slave, but a terrible master".

 

Of course, ZH is not the proper venue for these type sentiments, but perhaps when the exising paradigm falls down, people will re-evaluate their old belief systems.

Mon, 01/31/2011 - 23:52 | Link to Comment Dr o love
Tue, 02/01/2011 - 00:21 | Link to Comment juangrande
juangrande's picture

Please to meet you. Hope you guess my name. Cus what's puzzling you is the nature of my game!

Tue, 02/01/2011 - 00:52 | Link to Comment trav7777
trav7777's picture

WTF?  are you moonbats smoking something over there?

There is no goddamned super consciousness, no fuckin conspiracy.

Concert of action by likeminded actors can APPEAR conspiratorial but it isn't.  Is a fish school a conspiracy?  Does it have its own consciousness?  NO.  It merely looks that way.

Tue, 02/01/2011 - 01:04 | Link to Comment serotonindumptruck
serotonindumptruck's picture

"WTF?  are you moonbats smoking something over there?"

You say that like it's a bad thing or something. ;-)

It's difficult to apply Occam's Razor to existential philosophy, or any faith-based belief structure for that matter. Logic and Faith are diametric opposites.

Tue, 02/01/2011 - 01:42 | Link to Comment trav7777
trav7777's picture

there is faith and then there is delusion

Tue, 02/01/2011 - 01:46 | Link to Comment serotonindumptruck
serotonindumptruck's picture

In this context, that statement is redundant.

Tue, 02/01/2011 - 02:47 | Link to Comment WaterWings
WaterWings's picture

Fish also don't have a Department of Education.

Tue, 02/01/2011 - 10:12 | Link to Comment chumbawamba
chumbawamba's picture

The barren mind looks upon the garden and sees weeds.

I am Chumbawamba.

Tue, 02/01/2011 - 02:01 | Link to Comment roebernsw
roebernsw's picture

Have you read, people of the lie?

Tue, 02/01/2011 - 02:09 | Link to Comment New World Chaos
New World Chaos's picture

No, but its on my wish list now.  Thanks.

Tue, 02/01/2011 - 05:19 | Link to Comment Bananamerican
Bananamerican's picture

that's spooky....i just asked him that up-thread

Tue, 02/01/2011 - 18:26 | Link to Comment New World Chaos
New World Chaos's picture

Synchronicities like this are God's synapses firing.  I will definitely read the book after I pay my credit card (maxed it out on silver)

Mon, 01/31/2011 - 23:11 | Link to Comment essence
essence's picture

There are some who posit that Bernanke is a misguided academician stubbornly clinging to his theories ... wise up.

Ben is the banking cabal's proxy. So is BO. So is most of Congress.
Wall St and the Banksters have near unlimited money at their disposal (after all, they can either act on supreme insider information, or if need be, have the central bank rescue their sorry corrupt asses, or get Congress to force Main St to cough up).

If you operate under the above assumptions then these peoples actions made perfect sense.

Ben's a soldier just as some mafioso is, just like Gordon Liddy was (remember him).
There's a good chance he'll remain loyal to his bankster masters to the bitter end.

In other words, don't expect Ben to "see reason" and relent.
He has to be forced from a position of power.

 

 

 

Mon, 01/31/2011 - 23:21 | Link to Comment kridkrid
kridkrid's picture

I tend to think that what you have written is mostly right, minus "most of congress".  I think the R vs. D narrative works well enough on it's own to not have to micro-manage individual congressmen. 

If you can keep gov't (and Americans) fairly equally divided, you can let the pendulum swing back and forth... get creative in the way you name legislation, and be counter-intuitive with who runs point.  Let a democrat champion a "free trade agreement" and call the repeal of Glass-Steagall the "banking modernization act"... works like a charm.

I think 90%+ of the dopes in Congress have no idea what's going on around them... they certainly are not privy to bigger plans.  Just my opinion, of course.

Mon, 01/31/2011 - 23:55 | Link to Comment essence
essence's picture

No, there seems to be a few good eggs in Congress (e.g. Ron Paul .... not so sure about his son though).

"90% of Congress dopes"???

Let's see... what's the figure ... something like half of them are millionaires.
Pretty good for a dope.

They get to retire after 5 years of office with life time retirement and medical ... pretty good for a dope.

Congress (especially Rebublician Congress) seem ready to jettision social security all the while keeping THEIR retirement. Keeping the wars going. Keeping the Ponzi going.

All the while shoveling away OUR tax dollars to things such as foreign aid to Egypt (billions per year... that's right   Billions per year foreign aid to Egypt while Americans live in tent cities).

 

Congress knows the score.
That's why no mercy should be shown to them.
Or Hilliary or presidents past or present.

All should be held accountable for their actions and inactions.

Somewhere down the line .. 12-18 months perhaps, I don't know, 
the US will be at the stage Egypt is now.

 

Only there's one glaring difference, Americans are armed.
Armed to the teeth.

 

 

 

 

 

Tue, 02/01/2011 - 00:51 | Link to Comment laughing_swordfish
laughing_swordfish's picture

A point to ponder:

The people of the Nile are showing us the way...

We Are All Egyptians Now.

Tue, 02/01/2011 - 10:30 | Link to Comment Shylockracy
Shylockracy's picture

Down with Mubarak Obama!

Mon, 01/31/2011 - 23:26 | Link to Comment Boilermaker
Boilermaker's picture

Have you ever had a team of consultants with MBA's come into your place of work and decide how to 'fix it'?  Uh...you would be amazed at how worthless and, moreover, completely out-of-touch the conclusions are.

Tue, 02/01/2011 - 07:00 | Link to Comment Miss Expectations
Miss Expectations's picture

Whoever junked you must be a worthless consultant.  That said, the worst part about the consultants is that management enthusiastically implements their recommendations which stifles productivity to an extraordinary degree.

Tue, 02/01/2011 - 09:13 | Link to Comment blindfaith
blindfaith's picture

nobody pays any attention to free information.  The more paid, the more valuable it is illusion.

Tue, 02/01/2011 - 08:34 | Link to Comment ColonelCooper
ColonelCooper's picture

That's about the funniest shit ever.  Too true.

Tue, 02/01/2011 - 10:19 | Link to Comment pods
pods's picture

Yeah, I have noticed an almost perfect correlation between implementing "Six Sigma" and a company being flushed down the toilet.

pods

Have you ever had a team of consultants with MBA's come into your place of work and decide how to 'fix it'?  Uh...you would be amazed at how worthless and, moreover, completely out-of-touch the conclusions are.

Tue, 02/01/2011 - 12:52 | Link to Comment Canuckistan Al
Canuckistan Al's picture

Reminds me of a "demotivational poster" I once saw:

http://www.despair.com/consulting.html

 

Tue, 02/01/2011 - 00:53 | Link to Comment Hacksaw
Hacksaw's picture

As the bankesters and their bribed stooges in the Congress and Senate must be forced from power. Until that happens, either by the people or by collapse, we can't get better. There is no way for things to heal as long as the ones who engineered this mess are still in power.

Tue, 02/01/2011 - 03:15 | Link to Comment Rule of 72
Rule of 72's picture

Bingo.  The sheeple won't realize this until it's too late, unfortunately.

The Bernank would look good in an orange jumpsuit.  Ditto for Obeyme.

Tue, 02/01/2011 - 08:13 | Link to Comment VonStrakovich
VonStrakovich's picture

Stealing the last lines for my quotation of the day, its just too good to not use.

Mon, 01/31/2011 - 22:45 | Link to Comment Arch Duke Ferdinand
Arch Duke Ferdinand's picture

""genuine question: is the Bernank working alone, ie single handedly spelling the financial sorcery, or is his hands tied, or hips joined, with other entitties? genuine question.""

Answer......Jews...Kosher Face Video...

http://goodthoughtsgoodwordsgooddeeds.blogspot.com/2011/01/sing-along-w-lady-ga-ga-parodies.html

Mon, 01/31/2011 - 22:50 | Link to Comment pods
pods's picture

He answers to Sir Evelyn de Rothschild.  

Everyone does.

pods

Mon, 01/31/2011 - 22:52 | Link to Comment blindman
blindman's picture

no one acts alone.  no one.

Mon, 01/31/2011 - 23:29 | Link to Comment Cathartes Aura
Cathartes Aura's picture

Ben Bernanke is a very well compensated employee, as are every other government/corporate/banker FACE you can put a name to - were each acting according to "beliefs" or whatever, the edifice would crumble instantly.

the faceless ones who arrange his/their protection and rewards are the ones to focus on, should one seek answers to this "insanity".

all gov't. is bought and paid for, does what it is told, and acts as lightning rods for media consumption.  (who also act to script)

Mon, 01/31/2011 - 22:05 | Link to Comment dick cheneys ghost
dick cheneys ghost's picture

most of us here know the banks are pulling the strings. our job is to convince the rest of the populace that the big banks should be shot, killed and buried.

Mon, 01/31/2011 - 23:03 | Link to Comment Village Idiot
Village Idiot's picture

no, do not bury.

Mon, 01/31/2011 - 23:12 | Link to Comment El Hosel
El Hosel's picture

... No, do not shoot or bury them. Isolate them, together in a place were they have to

feed on themselves to survive.

Tue, 02/01/2011 - 14:52 | Link to Comment tamboo
tamboo's picture

MULLINS on Ezra Pound's formula for preventing Jewish conquest from within -- peaceful methods derived from the Byzantine Empire

http://www.fourwinds10.com/siterun_data/history/zionism/news.php?q=12623...

Tue, 02/01/2011 - 02:07 | Link to Comment born2bmild
born2bmild's picture

It's nice to have a successful alternative to point to also: http://www.zerohedge.com/article/washington-state-joins-movement-public-...

I hate facebook but I hope someone is using it for what it could be.

(your state name here) for public banking.

Folks like to trash talk Jerry Brown but if he were shown the light I bet he would move toward it.

Mon, 01/31/2011 - 22:07 | Link to Comment max2205
max2205's picture

Ben will wish he let the SPX chart breakdown in July and dona stick save around 750 - 850. It would have made for a better chart. This shit today is rediculous.

Mon, 01/31/2011 - 22:11 | Link to Comment Id fight Gandhi
Id fight Gandhi's picture

To ben he knows one formula

Stock market up = economy good

Mon, 01/31/2011 - 22:10 | Link to Comment THE DORK OF CORK
THE DORK OF CORK's picture

I wish and hope Ben B is autistic rather then just plain bad to the bone but I have my doubts - I think central bankers are human but maybe they truely are alien hybrids.

Mon, 01/31/2011 - 22:25 | Link to Comment mikla
mikla's picture

+1

More-so than people are ready to know.

But they will.

Tue, 02/01/2011 - 01:26 | Link to Comment woolly mammoth
woolly mammoth's picture

mikla, please tell me you didn't just +1 the alien hybrid portion of corks post. If so, I apparently have some catching up to do.

Tue, 02/01/2011 - 02:03 | Link to Comment New World Chaos
New World Chaos's picture

Not saying I believe the whole Lizard People thing, but if you're into that, then read Children of the Matrix by David Icke, or try some of his other books.  This one is 10 years old (pre-911, even).

Mon, 01/31/2011 - 23:31 | Link to Comment Cathartes Aura
Cathartes Aura's picture

seriously, if he was not doing what was required of him, he would be removed in a heartbeat.

to completely understand this concept is to remove yourself from their insane world.

Mon, 01/31/2011 - 22:11 | Link to Comment Mr Poopra
Mr Poopra's picture

Tyler, i think a better explanation for the Bernank's actions is that of an individual working for a clandestine goal.  There is most assuredly a group of powerful men with a secret purpose working against us.

 

Mon, 01/31/2011 - 22:43 | Link to Comment New World Chaos
New World Chaos's picture

I think it's even bigger than a group of men- I think our enemy is a hive mind, i.e. corrupt bastards manifest the hive mind in the same way that neurons manifest our minds.  The hive mind is much smarter, with much clearer perspective, and better long-term vision than any individual could wrap his head around.  It understands us much better than we understand ourselves.  I think it wants world government and an eternal dark ages, it sees that America has (previously) interfered with that plan on multiple occaisons and now it wants to destroy America completely.  That's why we are fucked from all directions.  It's not coincidence or mere mass stupidity.  It is the will of the collective consciousness of the oligarchy, also known as Satan.

Mon, 01/31/2011 - 23:26 | Link to Comment Mr Poopra
Mr Poopra's picture

There is abundant life in the universe, even intelligent life.  Intelligence doesn't necessarily mean high consciousness, although it helps.  Consciousness is the jewel of creation and it's ultimate purpose...that being to experience higher levels of consciousness.  The "hive mind" you are referring to is in fact Lucifer, Satan, whatever you wish to call it.  It is the collective consciousness that is responsible for exacerbating the duality here.  From a higher point of view, they are contributing to raising to level of consciousness on this planet, although from our lower perspective what they are doing appears to be "evil".  The lower minions are obviously ignorant of this and contribute exclusively for self gain.  Like Newton said, every action has an equal and opposite reaction.  You cannot escape karma.  They are, to put it plainly, quite fucked.

Regardless, their time is coming to an end as people are beginning to realize that we are all connected, thus the cabal's usefulness is disintegrating.

Mon, 01/31/2011 - 23:33 | Link to Comment Revolution_star...
Revolution_starts_now's picture

"Consciousness is the jewel of creation and it's ultimate purpose..."

I can point to quite a few in this country that might not pass the "Consciousness" test. They just appear conscious, but are really brain dead like a plant. But you see plants can communicate(http://www.animalintelligence.org/2007/10/15/does-plant-communication-imply-intelligence/), and may even be conscious. We are often wrong and seldom in doubt.

Mon, 01/31/2011 - 23:37 | Link to Comment New World Chaos
New World Chaos's picture

Yes, now we must choose which collective consciousness we serve.  Do you say "fuck it, I want what I'm entitled to- and besides, the Law is the Law"- in that case, line up for the Mark of the Beast.  Or do you serve the new emergent mind on the block, with Bruce Lee reflexes and the ability to flow around attacks like the T-1000... Behold the Internet, humanity's champion superhero!

I think this battle will ultimately come down to who can crowdsource the most nanodrones.  The elites will never be able to hide from millions of 4chan vigilantes using Telepathic Skype.  And after that, we will bring the internet to the stars and with it, weave all aliens in the universe together into a giant emergent mind:  God!  Of course, this will never happen if we get world government.  After the inevitable collapse, all the easy resources will be used up and it will be Mad Max forever.

Tue, 02/01/2011 - 00:34 | Link to Comment juangrande
juangrande's picture

Here! Here! Not the collective consciousness of the oligarchy as Satan. Rather the collective unconsciousness of all of us. This is what allows oligarchy to exist. But, I hope this is all designed to bring us to a better understanding of the nature of universe.

Tue, 02/01/2011 - 00:43 | Link to Comment New World Chaos
New World Chaos's picture

What is the best way to fight- Love?  Shrooms?  Drop out and join a hippie commune?  Do we have to fight within ourselves first, and then everything will line up in synchronicity?

Tue, 02/01/2011 - 01:13 | Link to Comment juangrande
juangrande's picture

Psychedelic drugs only meaningful purpose, to me, is to show you that your reality is perception based. Change your perception, change your reality. Find a way to dissolve the veils of preconception from your perception. This act has sometimes been described as " a fight within ourselves". As for 7777, don't knock it till you try it!

Tue, 02/01/2011 - 00:57 | Link to Comment trav7777
trav7777's picture

There is absolutely no evidence that there is any intelligent life in the universe other than us.

Please, put the bong down, loosen the tinfoil hat, and relax

Tue, 02/01/2011 - 01:52 | Link to Comment New World Chaos
New World Chaos's picture

OK, I confess- the Holy Spirit told me about the oligarchical hive mind/Satan thing while I was on acid.  The main reason it's illegal is because it gives ideas like that.  And the whole damn universe is an intelligent organism (God) in the process of booting up.  Also got that from acid.  You sound like you could use some...

Tue, 02/01/2011 - 02:20 | Link to Comment Mr Poopra
Mr Poopra's picture

That's so funny.  Who do you think controls such "proof"?  I have friends with clearance you never knew existed that could tell you some stories that would make George Lucas call bullshit.

Tue, 02/01/2011 - 02:35 | Link to Comment trav7777
trav7777's picture

My pet Leprechaun calls bullshit on all of your "friends" and their Area 51 tall tales

Tue, 02/01/2011 - 03:36 | Link to Comment New World Chaos
New World Chaos's picture

Oh yeah, well my pet Magic Toad tells me we'll get out-in-the-open evidence of ET next couple years.  I swear it on the Tree of Life! Maybe aliens will shoot down Israel's nukes after Israel gets swarmed by angry Muslims after America pulls the plug on them after we find out their role in 9/11 after we sack the Pentagon during our glorious revolution... Ahhhh, my precious, what lickylicious toad pustules you have- nom nom nom!

Mon, 01/31/2011 - 23:40 | Link to Comment serotonindumptruck
serotonindumptruck's picture

The philosophical possibilities are endless.

You're broaching an issue that I have contemplated in great detail; that being an omnipotent intelligence which seeks eternal subservience from the host body. You might be talking about organized religion in a narrow, obscure sense. I'm not sure if I ascribe to your use of the name "Satan" as the entity responsible, unless you're engaging in more metaphor.

Tue, 02/01/2011 - 00:09 | Link to Comment New World Chaos
New World Chaos's picture

I'm just saying that Satan is what the ancients called this meta-entity; this doesn't necessarily mean that Satan has all the power ascribed to him.  In fact he has no power beyond what we give him (usually willingly).  When one evil deed inspires another, that is one of Satan's synapses firing.  If we try to fight him using his own methods he will ultimately rule us, so we must break the chain of evil.  Kill the parasite by removing the host.  Be wary of all authoritarian/collectivist morality, including organized religion.  Organized religion is one of his favorite tools.

Tue, 02/01/2011 - 00:55 | Link to Comment trav7777
trav7777's picture

there is no hive mind.  This is kookball shit.

Tue, 02/01/2011 - 07:17 | Link to Comment steveo
steveo's picture

I take it you don't prescribe to elliot wave collective action theory either?   Not saying there is a "hive mind of satan" but undoubtedly many animals interact in a connected manner to think that humans don't also is actually a little hard to believe.

Mon, 01/31/2011 - 22:48 | Link to Comment Rockford
Rockford's picture

Yes and yes. However so many people who think that they are so much more intelligent than The Bernank refuse to believe. Show of hands; how many here scored a 1600?

The cabal is real.   

 

Mon, 01/31/2011 - 23:04 | Link to Comment Mr Poopra
Mr Poopra's picture

Or got their PhD in Economics from MIT?  As much as we love hyperbole, these people are not stupid by any stretch of the imagination.

Tue, 02/01/2011 - 00:40 | Link to Comment juangrande
juangrande's picture

Smart and wise are two completely different things. One is egocentric, the other inclusive.

Tue, 02/01/2011 - 07:18 | Link to Comment steveo
steveo's picture

Some of the stupidist things are done by the smartest people.

Mon, 01/31/2011 - 23:08 | Link to Comment Boilermaker
Boilermaker's picture

I think this is more about having ethics and some sort of actual human soul.  This is about corruption and general disregard for those scummy bastards without a billion in their portfolios.

Tue, 02/01/2011 - 00:19 | Link to Comment Quixotic_Not
Quixotic_Not's picture

If you ever met a Perp/Ivy League Racketeer schooled financial professional, or for that matter any "professional" from that system, you'd believe in reptilians...

Tue, 02/01/2011 - 00:24 | Link to Comment hardmedicine
hardmedicine's picture

good to see you around quixotic!

Tue, 02/01/2011 - 00:57 | Link to Comment Quixotic_Not
Quixotic_Not's picture

Thanks for the welcome...great to be here!

Wooo. It's like a drug. Wearing these glasses gets you high, but you come down hard.

You see, I take these glasses off, she looks like a regular person, doesn't she? Put 'em back on...formaldehyde-face!

Put the glasses on! Put 'em on!

Mon, 01/31/2011 - 23:13 | Link to Comment spinone
spinone's picture

He's suprised me so far how well he's driven this 767 we call the Economy.  He's made it do loops and barrel rolls, and things the designers never dreamed of.

The Bernak is smarter than all of us.  The sooner we admit it, the better off we will be in the decisions we make.  NEVER underestimate your opponent.

Mon, 01/31/2011 - 23:26 | Link to Comment Boilermaker
Boilermaker's picture

You don't have to be stupid to be insane.  They two completely seperate things.  The Unibomber comes to mind.

Tue, 02/01/2011 - 15:07 | Link to Comment Milestones
Milestones's picture

Never make your opponent 10 feet tall either-you end up beating yourself before a punch is thrown.     Milestones

Mon, 01/31/2011 - 23:55 | Link to Comment WaterWings
WaterWings's picture

Rockford the BP troll. LOL. How's that GoM shrimp?

Tue, 02/01/2011 - 06:49 | Link to Comment Rockford
Rockford's picture

?

Whatever Grandpa Dave. Go fish.

Tue, 02/01/2011 - 01:02 | Link to Comment essence
essence's picture

There's ONE thing we have and they don't ..... NUMBERS.

1st stop is to take back Congress. That's a key battle.
Think public financing and term limits and balanced budget ammendments to negate the effects of Wall St/Bankster bribes.

2nd is the Fed. Target the Fed.
Look folks, there's a reason JP Morgan et al were slinking around Jekyll Island anonymously 100 years ago.  They were planning something criminal.

The fed must go!

 

 

 

Tue, 02/01/2011 - 02:29 | Link to Comment born2bmild
born2bmild's picture

Get a real grip on the lobbyists. Can or seriously modify the concept of riders (on bills).

http://www.zerohedge.com/article/washington-state-joins-movement-public-...

Help Jerry Brown, set the undeniably successful example for the nation (see above).

Ok, I'll quit reposting that article but the hour that it was up was while Assange was on 60 minutes and 1/4 of the rest of the world was on fire.

Tue, 02/01/2011 - 03:12 | Link to Comment merehuman
merehuman's picture

we have numbers,       .....one dog can herd a lot of sheep.

somebody , please give bernanke a bone

Mon, 01/31/2011 - 22:12 | Link to Comment tickhound
tickhound's picture

Yeah, I dunno... I honestly dont think he actually believes by adding the #11 to the volume control the stereo actually gets louder. I think too much of all this nonsense is right on time and by design.

Mon, 01/31/2011 - 23:17 | Link to Comment bronzie
bronzie's picture

This Is Spinal Tap

Nigel Tufnel: The numbers all go to eleven. Look, right across the board, eleven, eleven, eleven and...
Marty DiBergi: Oh, I see. And most amps go up to ten?
Nigel Tufnel: Exactly.
Marty DiBergi: Does that mean it's louder? Is it any louder?
Nigel Tufnel: Well, it's one louder, isn't it? It's not ten. You see, most blokes, you know, will be playing at ten. You're on ten here, all the way up, all the way up, all the way up, you're on ten on your guitar. Where can you go from there? Where?
Marty DiBergi: I don't know.
Nigel Tufnel: Nowhere. Exactly. What we do is, if we need that extra push over the cliff, you know what we do?
Marty DiBergi: Put it up to eleven.
Nigel Tufnel: Eleven. Exactly. One louder.
Marty DiBergi: Why don't you just make ten louder and make ten be the top number and make that a little louder?
Nigel Tufnel: [pause] These go to eleven.

Mon, 01/31/2011 - 23:26 | Link to Comment tickhound
tickhound's picture

Eleven, exactly... Ben Bernank is no Nigel Tufnel

Mon, 01/31/2011 - 23:40 | Link to Comment bigargon
bigargon's picture

THE greatest movie of all time!!

Mon, 01/31/2011 - 22:15 | Link to Comment Devout Republican
Devout Republican's picture

Wait, so the Bernank is a Stalinist Nazi? 

Mon, 01/31/2011 - 22:22 | Link to Comment traderjoe
traderjoe's picture

Of all the trolls, I find your comments the most boring. At least most of the others bring a bit of humor to it all...

Mon, 01/31/2011 - 23:45 | Link to Comment Calmyourself
Calmyourself's picture

"This is the hallmark of an insane argument. It is logic without common sense, reason taken to the absolute limit, unable to consider anything outside the confines of its own understanding."

Wrong again self projecting puppeteer it describes a Liberal...

Tue, 02/01/2011 - 03:23 | Link to Comment dogbreath
dogbreath's picture

can't you dig any deeper than that?

how long till you fade away?

Mon, 01/31/2011 - 22:20 | Link to Comment traderjoe
traderjoe's picture

IMHO, the author comes close, but in missing the final step, really misses completely. 

The Federal Reserve is a privately-held banking cartel that has an unconstitutional monopoly on printing the nation's currency and then loaning it to the Treasury. Ben has likely been selected to run the Fed because of his beliefs by the PTB. Yes, he is stuck in his own paradigm. But his not in charge. He is a puppet. Selected for his beliefs and his propensity to act in certain fashions. The levers were pulled long before he arrived, and he is encouraged in his actions by the true powers behind the curtain. You see him in the 60 Minutes interview? How about the press conference with the President (another puppet) 6 months or so ago? Neither demonstrated a confident man. He is trapped by his own ideologies and by the powers breathing over his shoulder. 

And for the "Good Investing" wishes at the end. Sure, good luck with that. If you believe what I wrote above (of course, to each their own), then there is no 'market' - not for bonds, stocks, cash, or even gold or silver - in the sense that the criminal Fed is now in each of those markets. Therefore prices are not determined by a free exchange between buyers and sellers. We won't know what true clearing prices are until the Fed has been abolished and the markets return to their participants...

 

Mon, 01/31/2011 - 22:40 | Link to Comment abc123
abc123's picture

The only thing worse than having a tiger by the tail is letting go of it.  

He's vain enough to think it might all recover if he gives it one more go at the presses.  

Otherwise he'll just be remembered as a big pussy that lost his nerve.

I think he's got his legacy on his mind, first and foremost.

Academics must publish, after all...

Probably can't stand the thought of being remembered as the one who was worse than greenspan.

Tue, 02/01/2011 - 04:22 | Link to Comment Snidley Whipsnae
Snidley Whipsnae's picture

Revisionist historians and other media have the ability to change the 'legacy' of any individual, no matter how bad the reality is for those that had to live through the individuals poor decisions in real time.

A good example is a movie made about an era 50 years after the era is past. Those making the film that did not live in the era are almost invariably incapable of capturing the 'feel' of the era that they are attempting to put onto film.

If an individual or group that is really trying to 'get history right' fails, then how easy is it to screw up history when that is one's goal?

 

Mon, 01/31/2011 - 22:48 | Link to Comment Bastiat
Bastiat's picture

Maybe not just the Fed, Joe.   Maybe a year ago remember that the pentagon had invited some traders to a day (or more) of market "war-gaming?" Some participating traders were questioned by the press and wouldn't comment -- all "secret."  It was one of those things that stuck in memory.  Sometime later there were comments about the financial situation being a threat to national security.  Just a thought.

Mon, 01/31/2011 - 23:19 | Link to Comment bronzie
bronzie's picture

"Ben has likely been selected to run the Fed because of his beliefs by the PTB."

the term 'useful idiot' comes to mind ...

Mon, 01/31/2011 - 23:35 | Link to Comment Cathartes Aura
Cathartes Aura's picture

groomed.

Mon, 01/31/2011 - 23:52 | Link to Comment stewie
stewie's picture

+1

Makes much more sense than Hived-Mind, Satanic, Human-Alien hybrid!  Jeeessaas...  

 

Ron Paul's agenda to audit & end the Fed sure would help the US and hopefully kick start the dominoes falling.  Because it's not just the Fed.  Bank of England, Bank of Canada, all are privately owned CB controlled by the vampire squid.

 

To wit:  Governor of the Bank of Canada, Mark Carney, ex Goldman Sach, youngest govrnor of a CB in all the G8 countries.  He's 45:

http://en.wikipedia.org/wiki/Mark_Carney

 

 

 

 

Mon, 01/31/2011 - 22:29 | Link to Comment Scottj88
Scottj88's picture

Inflation is coming, silver and gold are being suppressed to not trigger alarms... it will all come at once...

-

Comex Gold has 1.7-2.3 Million Oz standing for delivery (according to Harvey Organ's recent post).  MrSilverGoldSilver (the talking bear guy), just said next 48 hours will be interesting, as crimex may be facing serious problems...

 

If not now, March 29th for silver... will cause 50$ silver by April 2011

http://thehardrightedge.com/2011/01/30/50-physical-silver-by-april-2011/

 

-

Scott J

 

Mon, 01/31/2011 - 23:12 | Link to Comment financeguru500
financeguru500's picture

I think your right. I recall someone saying that if China wanted to, they could buy out the entire stockpile of silver currently sitting at the silver exchange(silver version of comex) without hardly spending any of their reserves.

 

Mon, 01/31/2011 - 23:34 | Link to Comment bronzie
bronzie's picture

the COMEX claims to have about 50 mil oz of silver available for delivery

at $28/oz that's $1.4 billion

chump change to the Chinese

I couldn't find numbers for the LBMA

Tue, 02/01/2011 - 07:22 | Link to Comment steveo
steveo's picture

chump change for anyone, we could POMO that in like 34 seconds.

Tue, 02/01/2011 - 10:28 | Link to Comment JP McManus
JP McManus's picture

So what happens when 10,000 ZHers decide to pool their cash and take delivery?

Mon, 01/31/2011 - 23:49 | Link to Comment Quixotic_Not
Quixotic_Not's picture

Inflation is coming

Dr. Housing did an excellent write-up today:

Is housing hiding inflation in other sectors of the economy? CPI gives housing a 42 percent weight and this has obscured rising costs in medical care, education, food, and energy. It has also given the Federal Reserve another excuse to digitally print more money.

 

http://www.doctorhousingbubble.com/housing-hiding-inflation-sectors-econ...

Funny, I didn't see it on ZH...

Mon, 01/31/2011 - 22:47 | Link to Comment Misstrial
Misstrial's picture

60 Minutes had a replay segment featuring BB recently.

He is trying to conform reality to his ideology. He thinks that because he came from "Main Street" that he is incapable of making decisions that negatively impact working people.

Once he's gotten hold of an idea, he just can't let it go....

http://www.cbsnews.com/8301-504803_162-20024635-10391709.html

~Misstrial

Mon, 01/31/2011 - 22:32 | Link to Comment max2205
max2205's picture

I guess we should wisper so no one knows the outrageous money we are making holding XLE. up 50% in 5 months Gezzzzz

Mon, 01/31/2011 - 22:33 | Link to Comment OrestesPenthilu...
OrestesPenthilusQuintard's picture

He must not be reading zerohedge

Do NOT follow this link or you will be banned from the site!