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That makes alot of sense. I heard about the defense attorney, he must know or someone must have told him that the bankers are going to be scapegoated. So they are getting ready to have a good defense to say we didn't want to do it they made us do it for the good of the country.
He wants to be outta tha fed-chair before TSHTF!! in german they say: "Nach mir die Sinntflut"...
dude, you're reading too many fiction novels......you should get out more, look for a job or do something productive with your time
Fuck off, I think its a good call. If I had colmn rights on ZH, I would say the same. When the dollar falls hard, Bernanke will step down.
I hope he will be stepping down from some Nuremburg style docket into some Spandau style prison. That such an absolute, ivory tower asshat has the economic world so completely enthralled is worse than pathetic. End the Fed!
Is there a short list of possible ex-Goldman peons to fill his position yet ?
In 18 months Summers will have posted about 1000 of these ads on ZH for FREE to entice people to sign up for FREE REPORTS.
Of course those are ads that pump his "premium" newsletter.
Thank GOD for bloggers and alternative media. No way would the average Joe be taiking about the Fed without it. Sure didn't learn about fiat money bullshit in school.
The Bernake has shot all his ammo. His credibility is zero and digging. It is time for him to go, whether he is competant or not.
Klaatu Bernanke Nikto.
IF he steps down it will be painted as having saved the world from a galactic catastrophe, the propaga.....er....books about his heroism have already begun, and theBamster will be re-elected because Lord Blankfiend will see to it with his connection to the jewish invetment banking community which is now in full swing attacking every candidate coming down the pike.
Washington D.C. is another country which rules the United States, its employees immune to the slings and arrows of outrageous fortune.
Your scenario only works in a world that runs on truth, justice, and results.
You really think we'll last another 18 months? Wow!
i would walk down peachtree street naked with feathers sticking out my ass if bernanke stepped down or were impeached within 12 months.....he should be in an orange jump suit along with blankfein and the rockefeller-rothschild axis of evil powers....
+1 for the feathers!
Stocks may crash but perhaps not for long. Corporations will more and more be the safe haven. Think about it As nations devolve and are perceived as bankrupt what's left. Corporations. The offspring of nations and laws will now inherit many of the things nations had. Up to and including being the creators of money, in finally an overt way.
It's either that or a JH Kuntsler world. Well I suppose we can muddle through for our lifetimes.
And, Obama will be stepping down in 18 months, too. They can carpool together out of Washington.
Didn't you hear? The Fed is dead.
Is Greenspan not the real villian of this mess?
Barney Frank, as FED Chair;
he can fart away after every QE X squared easing,
Live from Washington, its QE poop!
" oh and on the housing we can throw the dice on that a little longer,
my boyfriend sez so, looking backward, oh honey, i luvs you.?
a home foreclosure moratorium and a 2nd mortgage no doc
for every amellican....legal or not. idont matter honey.
Keep those printing presses. on....
Just a Gigalo, everywhere I go.....?"
Everyday we are one step closer to utter ruin.
Crisis? What crisis? Bernanke syas it's gonna be ok. No QE3 necessary, credit creation is going well. Even inflationary. Boring world we live in.
...when the many behave like sheep, the poodles themselves turn into lions. If the sheep, in their sheepishness, create lions, they are responsible of the existence of lions.It's time for some folks here to acknowledge that the paid poodle bashers are here stealing your time and misleading your dd because of the sheepleness of few.Let's take no prisoners.
Damn it all! WHo gives a fuck who the fed spokesman (chairman< yea right), IS???
Sure, it woud say its bad, as the cartel seeks out scapegoats.
It is the cartel of al things money, moving closer to global currency and human suffering.
Did you know that these people are so full of themselves?
A little power is so effective on making the "ruler" in you.
Chairman Ben S. Bernanke At the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming
To put things in perspective, please, first read the Bloomberg articles below:
Bloomberg: Wall Street Aristocracy Got $1.2 Trillion in Secret Loans.
The Fed's Secret Liquidity Lifelines
Anybody is for the strong dollar from the FED and who's "tool box is empty"?
I guess that gives him 18 months to destroy what's left of the American middle class, the USD and the world.
Should be no problem for the Chairsatan. Plenty of time.
Apparently this guy doesn't understand the Fed, and why they allow the other governors to "dissent". Graham Summers has a flashlight, but he's still in the cave.
Yes, Bernanke is history. Why?
Because Obama intends to go on the most egregiously destructive spending spree in the history of mankind, eclipsing his own record so far. And Bernanke is only the second most vile and egregious money-printer in the history of the universe.
Therefore, Obama will appoint Krugman to replace Bernanke, then the pair of them will start WW3 to "stimulate the world economy" by vaporizing it.
You think I'm kidding?
they can declare war on Uranus.
In order to make sure no one is offended they will declare war on Mars, the trigger, someone took a shot at sister sojurn
"Therefore, Obama will appoint Krugman to replace Bernanke, then the pair of them will start WW3 to "stimulate the world economy" by vaporizing it.
You think I'm kidding?"
Sadly- no, I don't think you're kidding.
Hmmm, Krugman as Fed Chief and maybe Roubini as the post-Jeetner TreasSec...?
The only thing missing would be Big Bird at the SEC and Kermit the Frog at the FDIC...
Gentiles are permitted nowhere near the financial levers of power. One by one the jews have created a virtual country that is global in nature, that supercedes all those puny sovereignty issues and physical boundaries.
They aren't just moneychangers, anymore.
No more awesome display of unmitigated power has been seen since the days of the alchemists.
Now that you mention it, Krugman might replace Timmy at Treasury... if only because too many at the federal reserve would throw a fit at the prospect of a completely insane wildman like Krugman. Not that they object to his comments, but his style is a bit more overt than they prefer.
shank the rat
a new president would appoint a new fed chief probably. this reasoning isn't too abstact. i wonder who will head Treasury, will they appoint someone from outside the oligarchy, someone with perhaps no CEO experience, remember Bush went through ONeil, (alcoa) Snow (csx) and Paulson(gs), it would be a real change if it wasn't someone from wall street. in the new hierarchy the head of Treasury is on top (i think Bernanke might not be fond of playing political football)
ALL GRAHAM SUMMERS DOES IS PUMP PUMP PUMP GOLD AND DOOMSDAY. ARE WE SCREWED UP? YES, BUT THIS CLOWN IS NOTHING MORE THAN A GOLD PUMPER.
Graham.. $250 please
I have read many good articles on Zerhedge. THIS IS NOT ONE OF THEM!!!! NOTHIING BUT BULLSHIT AND CONJECTURE HERE. IF EVERYONE SIMPLY HYPOTHESIS'S ON THIS BLOG, WE WOULD BE INUNDATED. TYLER, WHY PUBLISH THIS CRAP. OF COURSE, WE DON'T LIKE THE PONZI FIAT GOVERNMENT AND FINANCING BUT THIS IS GOING OVER THE EDGE WITH HYPERBOLE AND CONJECTURE. COME ON. LETS KEEP OUR OBJECTIVE FACTUAL BASIS THAT HAS MADE THIS BLOG A FEARED WHISTLEBLOWER OF BAD THINGS TO COME CREDIBLE.
What's with the CAPs, Ranty McRantington...?
You must have REALLY disliked this article. I don't see Bullshit. I agree there is some miner conjecture, but mostly it is just a SPECULATION of possible future activities...
No law against that, is there?
Thorazine and Ativan enemas do well for that condition. Getting there is half the fun, too!
Ending each short article with a four paragraph pump is better than injecting ads throughout the article.
It's not like he is writing a term paper or anything. His articles are short and to the point. Also, you can always tell they are his and not click on them you know.
Speculation about when this abortion of a market unwinds is a relevant topic, especially when he articulates what he sees as the canaries in the coal mine. Time out for you. Go to your corner!
y wait 18 months
And, Obama will be stepping down in 18 months too! They can carpool together out of Washington.
NO fukking way- status quo bitchez - forever fiat
Yes; Bernanke will step down-------right through the trap door with a noose around his neck.
(it's wishful thinking Friday)
Fascinating how everyone forgets that the BenBernank is a Bush appointee and that it is the Bush/Bernank duo who did the first Wall Street bailout. The Obamination is just pursuing the corporatist statu quo to another level.
Fascinating how everyone forgets that the BenBernank was also reappointed by Obama and that it is the Obama/Bernank duo that keeps the first Wall Street bailout going.
he actually said Obama is following the same course. The only people who don't blame Bush AND Obama and lets be fair presidents back to JFK at least (he caught a bullet for fighting for people) are blinded by partisan trickery. The real powers will gladly hand the reins back to their Republican puppets and if people don't like that, they will just switch back to their Democrat puppets in 2016 and so forth and so on.
The only candidate that might, just MIGHT do something is Ron Paul.
Who forgot that exactly? I'm waiting for details.
Gold probably 1838 @close. Nice way to say: Fuck U Bernank.
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