Watch Bernanke, Greenspan And Corrigan Live From Jekyll Island

The three man who destroyed Keynesianism discuss the origins, history, and future of the Federal Reserve. Watch Greenspan, Bernanke and Corrigan discuss the last 30 years of America's monetarist system.

Live webcast after the jump

Comments

[bugs_]

Three man enter, one man leave?

[66Sexy]

hey look! santa clause!

(sits on bernakes lap)

santa, i want a QE3 and a QE4 and a QE5....

[Clayton Bigsby]

The should have had G. Edward Griffin on this panel to set these monkeyfucks straight.

[tamboo]

mullins says griffin ripped off 'secrets of the fed' .

http://www.apfn.org/apfn/reserve.htm

the 100 year plan is almost complete! OY VEY!

[GhershomsRevenge]

I love Jesuits even the ones who dress up as jews

[66Sexy]

wait... i think greenspan just farted...

[unwashedmass]

they're yucking it up about the '87 crash now.

yuck.

yuck.

yuck.

utterly clueless. how soon will Ron Paul take over the chairmanship of monetary policy? could we slip something in to make it next week?

[66Sexy]

get a rope

[Implicit simplicit]

Wealth effect for the top 20%; wealth defect for the bottom 80%. The difference is equal to the net present value of anarchy.

[Dapper Dan]

You have stumbled on to the Pareto Principle young grasshopper.

Now seek the Golden Mean,

  http://www.vashti.net/mceinc/golden.htm

[Implicit simplicit]

DD, as you might have known,my avatar, a gold bucky ball, represents the golden mean in that "Bucky balls are based on sixty coordinates all based on phi"

http://goldennumber.net/buckyball.htm

[Careless Whisper]

will mister rockefeller and mister rothschild be in attendance?

[Trichy]

Unfortunately they didn't want to attend this time, as they have already reached their goals set out last time. But don't worry they sent a crony to observe that everything is going according to plan..

E. Gerald Corrigan is a managing director at Goldman, Sachs & Company

[Slewburger]

What a couple of old shriveled cVnts.

[Mike7.62]

Destroyed Keynesianism? If only.

[hungrydweller]

I am hoping he meant "...destroyed Capitalism".  Freudian Slip?

[LeBalance]

Floydian Slip?

"When you go skating on the thin ice of modern life..."

[tamboo]

i wont be attending the last big post floyd extravaganza

($160 for tickets?!? you must be joking)

but it is worth a look fo free:

http://tracker.zaerc.com/torrents-details.php?id=15204

[MeTarzanUjane]

Wild Pig season will open soon. Remote control hunter for the couch potato:
http://news.bbc.co.uk/2/hi/technology/4022147.stm

[goldsaver]

Damn, of all the places a JDAM would be useful. Target rich environment Biatchez

[Oh regional Indian]

I read the proceedings of one FOMC meeting a few months ago. Was compeltely shocked. Like a joke was being played on everyone.

It was the dumbest "banter" I had ever heard in my life.

Plus, even the econ/fin discussion sounded lame and pedestrian compared to some of the commentary I've heard even here on Zero-Hedge.

In addition, Berrrrrrrrrnaked also suggested (or was it an older meeting and Spleenspan, I forget) and they mentioned that the basement of the NY Fed was either foreign (German?) territory, somethign about moving money there was the same thing as sending it cross border.

It was, by far the most frignteneign conversation, considering that the men and Woman (Yellen) had the global financial world by it's balls.

I predict this bunch of freaks will disappear from Jekyll island, never to be seen again.

See how all the power brokers are outta town (Omama, Billary, FED)...

Batten the hatches folks.....

The juxtaposition of all factors being off the charts is totally....well.....off the charts...

ORI

http://aadivaahan.wordpress.com

[tamboo]

hmmm other folks seem to think something big is up soon.

http://www.operationterra.com/News/index.html

http://halfpasthuman.com/

http://urbansurvival.com/week.htm

[Oh regional Indian]

Thanks for the Terra link Tamboo, the other two I know well.

Indeed, all things point to the collapsing of long long long waves.

Intersting times indeed.

ORI

http://aadivaahan.wordpress.com

[tmosley]

Anyone have access to a tactical nuke?  I don't think you'll find a better opportunity to use it.

[iota]

Wurd.

[66Sexy]

+1

[bobboberson]

+10000000000000000000

[SRV - ES339]

Too easy on them... something slow and painful would seem more appropriate... suggestions?

[Deacon Frost]

Saw 3-D?

[bob_dabolina]

These statements were made during hearings of the House Committee on Banking and Currency, September 30, 1941. Members of the Federal Reserve Board call themselves "Governors." Governor Marriner Eccles was Chairman of the Federal Reserve Board at the time of these hearings:

Congressman Patman: "How did you get the money to buy those two billion dollars worth of Government securities in 1933?"
Governor Eccles: "Out of the right to issue credit money."
Patman: "And there is nothing behind it, is there, except our Government's credit?"
Eccles: "That is what our money system is. If there were no debts in our money system, there wouldn't be any money."
Congressman Fletcher: "Chairman Eccles, when do you think there is a possibility of returning to a free and open market, instead of this pegged and artificially controlled financial market we now have?"
Governor Eccles: "Never, not in your lifetime or mine."

And there you have it. The American dream. A system that is designed to have you kept in perpetual debt to pay the interest to a thrid party. Kumbaya bitchez.

[Kaiser Sousa]

bro -  would u b so kind as to forward the link to that exert....

thanks for the post...

[bob_dabolina]

http://www.campaignforliberty.com/article.php?view=1074

Robert P. Murphy has a PhD in economics from New York University, he  is an adjunct scholar of the Mises Institute.

The exert appears about 1/2 way through the page.

Heres another:

If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible --

[samsara]

Carroll Quiqley on the Central Banks The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences."

"The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank . . . sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

-- Carroll Quigley, "Tragedy and Hope", 1966, pg 324

[CD]

Here is a cartoon version that makes it easily accessible:

Money as debt (5 parts)

http://www.youtube.com/watch?v=vVkFb26u9g8

[harveywalbinger]

This as well as many others, is available via streaming video on http://www.freedocumentaries.org/   

Money As Debt:
http://www.freedocumentaries.org/int.php?filmID=214

The Money Masters:
http://www.freedocumentaries.org/int.php?filmID=243

Talleysticks bitchez...

[plocequ1]

Yes Bernanke is crazy, But a genius. Any man thay could move markets with the help of a few Quants and the stroke of a few keys on a Dell Keyboard is not to shabby.

[SDRII]

Didn't they say the same of gorby? To borrow a phrase from the german finance min: clueless

[Comrade de Chaos]

on China:

http://www.project-syndicate.org/commentary/buruma43/English

[Crab Cake]

The terrorists have been sighted, alert the predators to go hot. Fire on my mark.

[GoinFawr]

ahhh, today's meetings are being 'archived' so that 'we can view them later'. IE the feed is being sliced and diced so that we don't hear or see anything that we aren't supposed to hear or see.

[Paul E. Math]

Was Volcker not invited to this little mutual admiration society? 

I guess we can't have anyone spoiling this public relations circle-jerk for the Fed.

[tony bonn]

serial killers often return to the scene of the crime sometimes to have sex with their victims....this is no different....

[Atomizer]

Alternative Minimum Tax: The History, the Problem, and Potential Solutions- 2007

http://video.google.com/videoplay?docid=8361075024094652512&q=AMT+Google&total=259&start=0&num=10&so=0&type=search&plindex=3#

In wake of MaoObama. Ace card is in his sleeve to seek popularity. Epic fail once again

[SRV - ES339]

What's with all the harsh words?

Look at the progress over one short century... they had to "slither" into the original crime scene in a private rail car after dark, with no trace to their identity or the purpose of the gathering... today they rape and pillage with impunity, and make no effort what so ever to hide it!

After dinner montage of unemployment and food bank lines rumored for this evenings entertainment... have fun boys!

[palmereldritch]

Great location for a Truth Commission.  Something to keep in mind.

[Atomizer]

Imagine numerous junk-artifacts based on my post.

Securing the International Oil Supply

http://www.youtube.com/watch?v=eOU9nQeoMww

Then we have a dick weed selling his book to lurer a young audience.

The Superclass -2008

http://www.youtube.com/watch?v=LHtNFZ6K0pE

[Atomizer]

How The News Works

http://www.youtube.com/watch?v=0pajKfN9VP8

Greenspan Admits The Federal Reserve Is Above The Law & Answers To No One

http://www.youtube.com/watch?v=ol3mEe8TH7w

[dogbreath]

greenspan is such a bullshitter

[williambanzai7]

[Atomizer]

WB7. Need an updated QE2 Ben wallpaper for my comp. Your old one.

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/trichet/Bernanke%20Desktop.jpg

Thank you.

[Deacon Frost]

About 100 people were expected at the conference, which was attended only by invitation and not open to the public.

We need a complete list of attendees. This would prove interesting.

[LongSoupLine]

I'll bet Madoff is sitting in his cell saying, "Great I do a $50B ponzi and go to prison.  They?...well, they do a multi trillion one and get a conference to chat about it."

[gwar5]

Cheerleading the FED from Jekyll Island is a poke in the eye to man and beast.  

[Atomizer]

The folks that create money out of thin air have less security than Obama visiting India.

I believe the handwriting is on the wall.

[Bill Lumbergh]

Enjoy it while it lasts Jekyll Island fraudsters...when the country is in full-scale financial collapse every man, woman, child, and dog will know where to point the finger.

[Cursive]

Jekyll Island?  They seriously returned to the scene of the crime?  That seals it for me.  These leeches' arrogance will be their undoing.

[Minion]

It might just be my own arrogance, but Bernanke seems very timid, scared, shy, and a little creepy whenever he makes a speech.  I can't stand more than 15 seconds of it.  It's like his conscience is causing the facade to backfire. 

Anyone else sense this?

[cdude]

Sparks Meets with Bernanke and Greenspan

http://www.youtube.com/watch?v=IpOvrVbEwl0&feature=player_embedded#

[MarkTwainsMustache]

Normally I'm against the use of nuclear weaponry, but fuck if the world would not be a whole lot better off if one went off in Jekyll Island this weekend.

[fallst]

This "Celebration" wasn't announced until a week ago?

This explains low crowd count.

Congratulations, FedFucks! Job Well Done, and Atlas took a Shit, GreenieBoy!

[fallst]

The Atlas reference is, of course, "Atlas Shrugged".

Yes , "The Maestro" was under the spell of Ayn Rand, and dumped her great ideas on us, for our own good.

[Bigger Dickus]

"The Three men who destroyed keynesianism"????????????

Now I am confused

[Fearless Rick]

Just testing my math skillz.

[Grand Supercycle]

My long term indicators continue to warn of USD strength and EURO weakness.

http://stockmarket618.wordpress.com

[I Am The Unknow...]

In Reply to Minion on his comment:

"It might just be my own arrogance, but Bernanke seems very timid, scared, shy, and a little creepy whenever he makes a speech.  I can't stand more than 15 seconds of it.  It's like his conscience is causing the facade to backfire. 

Anyone else sense this?"

Yes I do and it creeps me out too!  It reminds me of the UberJuden at the death camps.  Their look of "we all know what is going to happen, either I do it or somebody else will.  At least this way me and my family will live, but you are dead no matter what."  Am I right about that?