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Live Webcast Of Bernanke Testimony To Senate

Submitted by Tyler Durden on 02/26/2013 10:55 -0400

At 10 am Eastern the Chairman will go before Senate to deliver his agency's semi-annual Monetary Policy Report to lawmakers. Tomorrow he will do the same before the House. Speaking before the Senate Banking Committee, Bernanke will face questions about the nation's current economic situation. He is also likely to field lawmaker's comments on how the nation's economy will be impacted by sequestration. Perhaps someone will inquire about the Fed's exit plans, but that is unlikely as there are none. Perhaps someone else will inquire what Bernanke's closing print target for the S&P and the EURUSD are. We, and numerous GETCO synthetic momentum algos, are looking forward to both.

*BERNANKE SAYS BENEFITS OF EASING OUTWEIGH COSTS, RISKS
*BERNANKE SAYS FED HAS TOOLS TO TIGHTEN MONETARY POLICY
*BERNANKE SAYS MORE QE MAY ERODE CONFIDENCE IN FED EXIT ABILITY
*BERNANKE SAYS VERY LOW RATES `COULD IMPAIR FINANCIAL STABILITY'
*BERNANKE SAYS FOMC INTENDS TO SUSTAIN EASING AS LONG AS NEEDED
*BERNANKE: FED TREASURY REMITTANCES MAY DECLINE IN COMING YEARS
*BERNANKE: SEQUESTRATION COULD CAUSE SIGNIFICANT ECONOMIC BURDEN

Watch it live at C-Span-3 link after the jump.

Summing it all up:

Inflation 11, Risk 10, Debt 9, Cost 9, Balance Sheet 5, Benefit 3, Gas Prices 1,
Exit 1, Unicorns 0

Full bernanke speech:

- advertisements -

Tue, 02/26/2013 - 11:24 | 3277564 the grateful un...

dear Mr Bernanke: I go on Medicare this year, and I want to know if I have enough money to get through. I'm afraid my house will be worth less when I have to sell. I wonder if my 401K will be there for me. You politicians don't seem to be able to slow down rising Healthcare costs, (and my Medicare doesn't work without a supplemental). I am worried about inflation. I am thinking about putting all my money in gold, but I need to live off the interest, (which is peanuts).

My grandkids moved in with me, they work in service jobs, changing sheets, preparing food. What's their future, and mine? I think you must be doing a good job, because there are no soup lines, and no Hoovervilles, which my grandparents lived through. I see the rich getting richer, the poor getting poorer, and more of the later, what's the future hold for all of us. How does anyone get rich? Do you have to be rich to enjoy the American standard of living?

Tue, 02/26/2013 - 11:27 | 3277607 dark pools of soros

rob your neighbors before they rob you

Tue, 02/26/2013 - 11:22 | 3277569 Artful Dodger

Pointless theatre. Take a document template, change a few adjectives about the economy and how much MOAR PRINTING, read it to "IMPORTANT PEOPLE". Answer questions from politicians like a politician. Everyone smells the rotting corpse in the room, the old U.S. of A, pretends not to.

No one in the room or the country learns anything factual, changes approach to governing prudently, or could care less. /ad

Tue, 02/26/2013 - 11:23 | 3277575 rsnoble

Oh look they have the precious stock market all apple green for a backdrop to LordBenfucktwat.

Tue, 02/26/2013 - 11:23 | 3277577 gbresnahan

Nice job South Dakota and Idaho. What's your take Wyoming?

Tue, 02/26/2013 - 11:25 | 3277587 Bawneee Fwank

lol the weather is at fault

Tue, 02/26/2013 - 11:26 | 3277595 El Hosel

Whip your skippy at a moderate pace.

Tue, 02/26/2013 - 11:25 | 3277589 rtalcott

Weather...blame it all on weather again.

Tue, 02/26/2013 - 11:26 | 3277592 FLUSA.com

"Blame it on the Rain" --Milli Vanilli

Tue, 02/26/2013 - 11:55 | 3277751 francis_sawyer

Girl U Know It's True

Tue, 02/26/2013 - 12:34 | 3277957 philosophers bone

Milli Vanilli - "Whatever you do, don't put the blame on you".

How Prophetic. Basically summarizes Obama, Congress, Senate, Bernanke, Europeans, Americans, Muslims, Jews, Baby Boomers, Millenium Generation.

Did I leave anyone out?

Tue, 02/26/2013 - 11:26 | 3277597 yogibear

We have become a government of Wall Street owned, self serving jerks that think nothing of spitting on the constitution which they swore to uphold.

Tue, 02/26/2013 - 11:26 | 3277598 HD

No mention of unicorns?!

http://obviouslycloe.com/blog/wp-content/uploads/2011/10/unicorn-eating-...

Tue, 02/26/2013 - 11:26 | 3277599 eclectic syncretist

Where's the fucking silver Bernanke, you stupid motherfucker? You're supposed to knock the price down everytime you do one of your ass-kissin' bullshit laced flea circus shows, so that I can buy cheap. Learn the fucking drill, you stupid motherfucker! I want $27.50 now you little bitch!

Tue, 02/26/2013 - 11:27 | 3277603 Kaiser Sousa

LYING ASS SACK OF FUCKING SHIT....

FUCK YOU BERNANKE YOU COCKSUCKER MOTHER FUCKING SOICOPATH BITCH ASS MONEY CHANGER FUCK!!!!!!!!!!!!!

Tue, 02/26/2013 - 11:27 | 3277604 Edward Fiatski

Bernanke looks like a corpse.

Tue, 02/26/2013 - 11:42 | 3277674 dark pools of soros

who's the Mummy garblinging his words on the headchair??

wtf...

Tue, 02/26/2013 - 11:27 | 3277608 Awakened Sheeple

He looks like hell..

Tue, 02/26/2013 - 11:35 | 3277643 e-recep

i hope he is depressed.

Tue, 02/26/2013 - 11:33 | 3277628 hairball48

he looks like he's full of shit to me

Tue, 02/26/2013 - 11:35 | 3277640 NitneLiun

Smells like it too.

Tue, 02/26/2013 - 11:33 | 3277630 tarsubil

Does anyone buy 2% inflation now and forever more?

Tue, 02/26/2013 - 11:35 | 3277639 Sudden Debt

HE'S GOT A BOTTLE OF WATER NEXT TO HIM!!!

IT'S A BIO WEAPON I SAY!!!!

SHOOT HIM! ASK QUESTIONS LATER!!!

Tue, 02/26/2013 - 11:44 | 3277682 WoodMizer

I would like to thank our coperate sponsor Nestle, proud makers of DeerPark water.

DeerPark, we bring liquidity to life.

DeerPark water, its got what plants crave.

Product placement in congressional hearings is like the pentagon directing Hollywood flicks.

Tue, 02/26/2013 - 11:36 | 3277644 John Law Lives

Federal Reserve remittances to the US Treasury?

Translation = ORCHESTRATED THEFT from US savers and transfer of interest income to US Treasury.

FEDFUBAR.

Tue, 02/26/2013 - 11:37 | 3277652 mdtrader

Bernanke is boring. The Italians should have an election every day!

Tue, 02/26/2013 - 11:37 | 3277653 Confundido

I GUESS I WAS WRONG!!! wtf????

Tue, 02/26/2013 - 11:38 | 3277655 NitneLiun

The most infuriating aspect of his testimony is that none of these wonderful Members of Congress will call him on his bullshit.

Tue, 02/26/2013 - 11:41 | 3277669 GrinandBearit

That's because it's all just a dog & pony show. Congress members are bought and paid for. Any question they ask are lobbed, underhanded softballs.

Tue, 02/26/2013 - 11:46 | 3277687 optimator

The Con gress is in Binny's employ. LIEsman sitting in the front row, or is he now sitting next to Binny -- Schtevie is due for a promotion for his promotion of the FED. I can't see the hearing till I have an early before lunch adult beveridge.

Tue, 02/26/2013 - 11:38 | 3277656 Super Broccoli

so many bullshit it's incredible ! why doesn't anyone stop him ?

Tue, 02/26/2013 - 11:38 | 3277658 tarsubil

KICK THE CAN! Cut budgets tomorrow, not today.

Tue, 02/26/2013 - 11:38 | 3277659 Never One Roach

JPMorgan to Slash Costs by $1 Billion, Staff by 4,000

http://finance.yahoo.com/news/jpmorgan-slash-costs-1-billion-144758411.html

Tue, 02/26/2013 - 11:42 | 3277668 Temporalist

Or worse still -

JP Morgan to cut up to 19,000 jobs

JP Morgan Chase has said it plans to cut up to 19,000 jobs by the end of next year in its mortgage and community banking businesses.

http://www.bbc.co.uk/news/business-21591486

This surely is a clear sign that housing is recovering and consumers are borrowing.

Tue, 02/26/2013 - 11:47 | 3277717 cossas.robber

"This bank is anti-fragile, we actually benefit from downturns," says Jamie Dimon,

Tue, 02/26/2013 - 12:46 | 3278028 Temporalist

I'm pretty sure when Nassim Taleb coined the term "anti-fragile" the banksters were exactly the opposite in his mind to anti-fragility and in his grid of fragile/robust/anti-fragile banking is in the fragile group.

For Jamie Douchemon to co-opt his phrase is pretty disgusting really. But that is to be expected from feckless, reckless, duplicitous kleptocrata.

Tue, 02/26/2013 - 13:17 | 3278131 medium giraffe

Anti-fragile? Does he grasp fractional reserve banking?

Tue, 02/26/2013 - 11:46 | 3277708 Kirk2NCC1701

Bet ya most of them keep their Chase accounts, rather than move to a Credit Union.

Tue, 02/26/2013 - 12:27 | 3277932 the not so migh...

This is the stuff recoveries are made of.

Tue, 02/26/2013 - 11:40 | 3277661 Temporalist

For those doubting manipulation of markets, at almost exactly 10am, as has happened before just prior to the Helicopter Pilot In Chief speaking, there was an attempt to push gold off a cliff.

I guess this is "supposed" to happen, just like the Asian markets are always "supposed" to be higher and slammed at the opening of Western exchanges as per Jeffery "I didn't mean 100x more paper than physical" Christian.

Tue, 02/26/2013 - 11:42 | 3277673 GrinandBearit

It didn't work though, did it?

Tue, 02/26/2013 - 11:45 | 3277694 Temporalist

The point is that is visible and consistent proof.

Tue, 02/26/2013 - 11:41 | 3277670 Fix It Again Timmy

Congress actually works? Since when?

Tue, 02/26/2013 - 11:41 | 3277671 Dewey Cheatum Howe

I suspect at some point when people have had enough they will institute their own policy called bulletary easing. It is going to be fun when the matrix becomes aware of just how bad they are being fucked by this guy and his policies.

Tue, 02/26/2013 - 11:41 | 3277672 Save_America1st

Just buy guns and ammo...when the Bernank talks PM's go down...never effects the rising value of nice rifles, handguns, ammo, and reloading supplies. There's no paper market on guns and ammo for them to fraudulently manipulate. (yet)! And they can try all they want to confiscate, but that's where Molon Labe applies:

COME AND TAKE IT!!! BITCHEZ!!!

Tue, 02/26/2013 - 11:42 | 3277676 Sudden Debt

*BERNANKE SAYS FED HAS TOOLS TO TIGHTEN MONETARY POLICY

I'll show you mine if you show me yours...

Tue, 02/26/2013 - 11:43 | 3277678 Bawneee Fwank

Corky bitchez! when did corky get elected???

Tue, 02/26/2013 - 11:43 | 3277680 Oldballplayer

Has this guy asking the question had a stroke or something? He sounds like a retard.

Tue, 02/26/2013 - 11:44 | 3277690 Spastica Rex

Maybe he's brilliant and we just can't tell.

Tue, 02/26/2013 - 11:46 | 3277703 Oldballplayer

No, I am pretty good about this stuff. He sounds like a retard reading questions that some Yale aide wrote for him last night.

Tue, 02/26/2013 - 11:45 | 3277696 Oldballplayer

He sounds like one of those automated videos that are posted around here. You know, the ones with the Davey and Goliath characters saying "Buy the Fucking Dip", like Stephen Hawking.

Tue, 02/26/2013 - 11:45 | 3277699 NitneLiun

He's a politician. Of course he's a retard.

Tue, 02/26/2013 - 11:45 | 3277700 dark pools of soros

i think that is blatant psyops to make the thought of questioning the chirpy Bernack seem stupid

Tue, 02/26/2013 - 11:45 | 3277684 Seasmoke

Sorry. but keeping Johnson as chairman, just makes the whole thing sound like a farce.....its just plain stupid

Tue, 02/26/2013 - 11:44 | 3277685 Fix It Again Timmy

Senator Johnson sounds like he just learned to read last week...

Tue, 02/26/2013 - 11:45 | 3277692 electricgorilla

This whole speech to congress and questions is stupid. The guy Tim Johnson from South Dakota is a joke. Why does this guy not ask a question from his own mind instead of something written on paper given to him by who know's. Bernanke's speeches are always the same. Nothing new. Same B.S. Also, we are one of the most diverse countries in the world yet our congress is full of middle aged to older white males. What a shame. This whole testimony is very dissapointing as usual.

Tue, 02/26/2013 - 11:48 | 3277721 kahunabear

Yeah, it was sad when Johnson asked Bernanke about the effect of sequester after Bernanke had just said what the effect would be. Sheesh.

Tue, 02/26/2013 - 11:47 | 3277709 Bawneee Fwank

Its corky Johnson...motherfucker sounds like the silver bears

Tue, 02/26/2013 - 11:47 | 3277711 grgy

How does Tim Johnson, a man who seems incapable of reading and speaking at a pre-school level ever get to chair the Senate Finance Committee?

Tue, 02/26/2013 - 11:49 | 3277730 kahunabear

Yes, this is the choice to oversee the Bernank. SHows how screwed we are.

Tue, 02/26/2013 - 11:47 | 3277712 ZippyBananaPants

I'm driving down the road and had to pull over to type this. Who in the fuck is this idiot talking and how in the world did he get elected ?

Tue, 02/26/2013 - 11:47 | 3277714 Shvanztanz

President to Call For Slow-News-Day Committee to Investigate Lack of Issues

Tue, 02/26/2013 - 11:47 | 3277716 Dr. Engali

Prolonged deflation is a barrier to economic growth? WTF? I have news for you Bernank..we are Japan.

Tue, 02/26/2013 - 12:29 | 3277939 JR

“If we keep pursuing current policies, we are heading towards paper money collapse.”

That is the prediction of Detley Schlichter, author of Paper Money Collapse. Remember, he says, “QE1 was designed to save the banks. The Fed gave the banks more than $1 trillion in new reserves and did so by taking one of the most toxic asset classes off their balance sheets in exchange for the new cash: mortgages. QE2 was designed to manipulate asset prices as Bernanke admitted here. Again, the main objective was not to have banks go out and create vast amounts of new deposit money via fractional-reserve banking and thus give a stronger boost to M2 (and to inflation) but to prop up the prices of ‘risk assets.’"

The fear of deflation, i.e., increased purchasing power, is a boogeyman created by the Fed and the indebted for their own benefit.

“Those who defend present inflationist policies maintain we cannot allow the market to trade ‘proper’ prices and certainly not to cleanse anything. Falling prices now would lead to a dreadful debt deflation, a deflationary spiral that would cause substantial collateral damage. I do believe that fears of a deflationary spiral are overblown. As the purchasing power of money increases in a deflation, the opportunity costs of holding wealth in the form of money increase and incentives rise to spend money again...

"Allowing the market to correct and to liquidate imbalances and excess debt would not mean the end of borrowing and lending. However, it would certainly hurt those who overreached during the previous boom. Those who borrowed excessively and leveraged their balance sheets too much during the last period of easy money are the ones that would struggle in a deflationary correction, and they are now to be saved by means of a policy of ever easier money. Among them are, importantly, the banks and the states, both are, of course, systematic beneficiaries of the privilege to issue unconstrained fiat money, and both were certainly beneficiaries of the cheap credit boom that led us into this crisis. They are now the chief beneficiaries of the present policy of ongoing inflationism.

"Those who were most reckless in the boom are to be bailed out with easy money, while those who were prudent, who were not lured by cheap credit into dangerous balance sheet extension and who saved are now the victims of this policy, as present policies prohibit them from buying assets at depressed prices (i.e. true market prices) and in fact secretly confiscate their savings via ongoing money debasement."

http://detlevschlichter.com/2012/10/but-there-is-no-inflation-misconceptions-about-the-debasement-of-money/

Tue, 02/26/2013 - 11:48 | 3277719 Fix It Again Timmy

Symptoms caught early
Johnson was taken to the hospital on Wednesday after becoming disoriented during a conference phone call with reporters. At first, he answered questions normally but then began to stutter. He paused, then continued stammering before appearing to recover and ending the call.

"The senator is recovering without complication," said Adm. John Eisold, the Capitol physician. "It is premature to determine whether further surgery will be required or to assess any long-term prognosis."

Eisold said doctors stopped bleeding in Johnson's brain and drained the blood that had accumulated there.

Johnson's condition, also known as AVM, or arteriovenous malformation, causes arteries and veins to grow abnormally large and become tangled.

Tue, 02/26/2013 - 11:48 | 3277723 Save_America1st

Ag and Au just exploded to the up-side...

Tue, 02/26/2013 - 11:53 | 3277744 John McCloy

Austerity??

What is this guy talking about. Pal you ain't seen austerity yet.

Tue, 02/26/2013 - 11:55 | 3277749 RealityCheque

As always:

FUCK YOU BERNANKE!

And MDB is awesome. If trolling were an olympic sport he/she would be solid gold everytime.

Tue, 02/26/2013 - 11:55 | 3277752 NitneLiun

At least he criticized Dodd-Frank. I guess that's something. Way to go, Ben.

Tue, 02/26/2013 - 11:56 | 3277755 rlouis

Hard to believe seeing and hearing such delusional testimony. Equally unbelievable to hear our elected leaders question a delusional nut case. Heave, flush

Tue, 02/26/2013 - 11:59 | 3277772 dark pools of soros

GET RID OF DEFLATION... BERNACK SUPPORTS BOOB JOBS!!!! PUMP PUMP!!

Tue, 02/26/2013 - 12:00 | 3277784 John McCloy

Bernanke: " I support Japan's attempts to prevent deflation"

And by deflation you mean the inability to steal from the populace on a massive scale and the opportunity for them to actually be rewarded for saving and purchase goods at affordable price?

Tue, 02/26/2013 - 12:12 | 3277785 OldE_Ant

lol. Bernanke, "We have BELTS and SUSPENDERS so we have TOOLS".

You are a fucking tool Ben. A scared tool. Any child can hear the fear in your voice.

"Employment is getting better." We who have given up don't hear you because our TVs have been repossesed."

Send in the peasants with pitchforks and lynchin ropes!

Tue, 02/26/2013 - 12:01 | 3277786 Caveman93

They're all performing! LULZ! 100% LMAO!

Tue, 02/26/2013 - 12:01 | 3277788 Fix It Again Timmy

Can't take it any more - outta here.....

They're performing? Like this?

http://www.youtube.com/watch?v=swh4DJGmWRE&feature=related

Tue, 02/26/2013 - 12:46 | 3278033 eclectic syncretist

I think this is closer to what the Banksters are jammin to

Money, money makin', super-disco breakin'

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

Tue, 02/26/2013 - 12:05 | 3277794 virgilcaine

Short now.. YM ES, NQ...at the Market! They know they are in deep....they spent Trillions and his "Phd experiment" did not Work.

Tue, 02/26/2013 - 12:07 | 3277818 q99x2

That lying sack of shit says there is no sign of inflation from transferring all the people's money to the banksters. Somebody call the police.

Tue, 02/26/2013 - 12:25 | 3277919 JohnGaltsChild

Pssst........ Shhhh........... Wanna buy some California blend?

Tue, 02/26/2013 - 12:07 | 3277819 Dr. Engali

Shut the fuck up Smoozer...we are all frogs in a pot.

Tue, 02/26/2013 - 12:07 | 3277820 djsmps

Whenever I see Schumer, I just want to punch him in the face.

Tue, 02/26/2013 - 12:11 | 3277844 Rusty Trombone

WE ARE NOT ENGAGED IN A CURRENCY WAR. (No, but everyone else is). BITCHEZ!!!!!!!!

Tue, 02/26/2013 - 12:12 | 3277847 virgilcaine

He has created a bigger bubble. Looking for pin needles now.

Tue, 02/26/2013 - 12:12 | 3277853 tarsubil

Bernanke: We are not taking part in a currency war. We are not directly devaluing our currency, we're doing it indirectly along with everyone else to increase demand... for gold. So in conclusion, no currency war, we are taking part in currency war. *sniffs another line of coke*

Tue, 02/26/2013 - 12:13 | 3277854 the grateful un...

he's reaching for the bottle of water, i knew it, the guys a Republican

Tue, 02/26/2013 - 12:14 | 3277865 Divine Wind

Wow. Ben had some serious trouble dancing around Chuck's question about U.S. exposure to Italian debt.

In the end, after all the talk: MODERATE. MONEY MARKET FUNDS LEND BIG DOLLARS TO ITALIAN BANKS.

Tue, 02/26/2013 - 12:15 | 3277868 Dr. Engali

Regulatory capture? Never thought I would hear that statement.

Tue, 02/26/2013 - 12:16 | 3277873 QQQBall

The only way to riase rates is ZIRP!

Signed,

Tue, 02/26/2013 - 12:16 | 3277874 optimator

It's more fun to watch the Israeli/Hagel hearings.....lots of laughs seeing what I laughingly call "Our Senators" earn their Israeli pay.

Tue, 02/26/2013 - 12:17 | 3277877 Agstacker

They need to take a hooker break for Menendez...

Tue, 02/26/2013 - 12:18 | 3277883 Divine Wind

Sen. Menendez,

When did he get back from the Dominican Republic?

Tue, 02/26/2013 - 12:19 | 3277890 QQQBall

Ben, How young do you like them?

Sen. Menendez

Tue, 02/26/2013 - 12:23 | 3277908 JohnGaltsChild

CHRM Bernanke

CHRM= Charlatan has ruined money.

Tue, 02/26/2013 - 12:24 | 3277913 Gamma735

Ben lost his cool when Sen. Corker said he was subsidizing the Big banks.

Tue, 02/26/2013 - 12:27 | 3277931 rlouis

Mr. Chairman, can you give an example of when the Fed got it right?

Tue, 02/26/2013 - 12:27 | 3277933 Rusty Trombone

He just said "frothy" - like Santorum is "frothy".

He just said they are never going to exit. Read between the fucking lines.

And gold explodes.

Tue, 02/26/2013 - 12:29 | 3277938 QQQBall

What is your strategy?

LTBH!

Tue, 02/26/2013 - 12:28 | 3277934 QQQBall

Ben talks like he controls the market - we'll see.

Signed,

Bond Vigilanntes

Tue, 02/26/2013 - 12:32 | 3277947 Praetorian Guard

Bernanke looks very tired, scared, and nervous... they have no idea how to unwind this...

Tue, 02/26/2013 - 12:35 | 3277963 JohnGaltsChild

Yeah....... Ben KNOWS how it is going to unwind.

Tue, 02/26/2013 - 13:06 | 3278088 Atomizer

Fixed that for you..

Ben KNOWS how it is going to unwind.

Tue, 02/26/2013 - 12:33 | 3277952 WatchingIgnorance

Secretary: "So, they say there is a bubble developing in high class prostitution."

Bernanke: "There is no chance in that!"

Tue, 02/26/2013 - 12:39 | 3277967 medium giraffe

Bullshit 'inflation/deflation' control. How can you control inflation/deflation when the figures are distorted by money supply dilution and commodity price manipulation, to such an extent that the real figures are nigh on incalculable?

Tue, 02/26/2013 - 12:37 | 3277970 OMG

When the Umerikkkan people figure out what is going on?

http://www.youtube.com/watch?v=zgjOSGTDoy8

Tue, 02/26/2013 - 12:37 | 3277971 Praetorian Guard

Holy Christ!! Did he just say that QE was BENEFICIAL?!?!?!?!?!?!?!?!

Tue, 02/26/2013 - 12:37 | 3277974 rlouis

must... spin... the [hamster] wheel ... fastrer

Tue, 02/26/2013 - 13:16 | 3278130 rlouis

pant pant pant print print print

Tue, 02/26/2013 - 12:38 | 3277984 QQQBall

Ben,

How did you miss the housing bubble?

Tue, 02/26/2013 - 12:39 | 3277990 Praetorian Guard

Holy shit, treasury/fed holdings will be a BOOM to taxpayers where they will see a return and benefit???????

Tue, 02/26/2013 - 12:41 | 3277997 Praetorian Guard

Is it me, or does he looked stoned, or drunk? It doesn't look like the light bulb is on at home...

Tue, 02/26/2013 - 12:43 | 3278012 rlouis

signs of cognitive dissonance

Tue, 02/26/2013 - 12:45 | 3278022 Divine Wind

He has a 'Rack of Bennies' in his left breast pocket.

Tue, 02/26/2013 - 12:44 | 3278017 Grand Supercycle

SP500 daily & weekly uptrends simultaneously completing protracted topping process.

Resultant downtrend will have good momentum.

http://trader618.com

Tue, 02/26/2013 - 12:44 | 3278018 tony bonn

Live Webcast Of Bernanke Testimony To Senate

correction

Live Webcast Of Bernanke Lying To Senate

Tue, 02/26/2013 - 12:45 | 3278020 NitneLiun

So it's beneficial to everyone when all countries send their currencies into the shitter. Ben, why did none of my econ profs in college and grad school not tell me about that? You're freaking brilliant!

Tue, 02/26/2013 - 12:45 | 3278023 helping_friendl...

Kevin henry just got a cramp in his wrist.

SnP crashing

Tue, 02/26/2013 - 12:56 | 3278067 GolfHatesMe

Kevin - go to voice recognition STAT

Tue, 02/26/2013 - 13:04 | 3278080 helping_friendl...

That dragon software sux I hear.

Tue, 02/26/2013 - 12:45 | 3278026 Praetorian Guard

He is scared shitless. His voice is wavering, mouth is dry, he continues to look down... he is hiding something BIG!!!

Tue, 02/26/2013 - 12:53 | 3278051 medium giraffe

Whatever it is, there sure are a lot of these around:

http://voices.yahoo.com/fema-coffins-they-real-they-for-2910107.html

Tue, 02/26/2013 - 13:04 | 3278081 GolfHatesMe

Yes He's hiding Parenthesis, and lots of commas

Tue, 02/26/2013 - 13:19 | 3278142 Bandit und Buster

Yes, he knows what's coming. And it's not out of 'stupidity' as so many here would like to think! It IS a well planned, long planned, and tightly controlled and organized conspiracy against the non-jews of the world....

“who controls the food supply controls the people;

Who controls the energy can control whole continents;

Who controls the money can control the world.”

ZIONIST Henry Kissinger, 1973 (as quoted by trivemovment.com)

“Today, America would be outraged if U.N. troops entered LA to restore order. Tomorrow they will be greatful.

This is especially true if they were told there is an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown.

When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the world government.”

Henry Kissinger, 1991(as transcribed by a swiss delegate at a Bilderberg meeting.)

"We have exterminated the property owners in Russia.We are going to do the same thing in Europe and America." (TheJew, December 1925, Zinobit)

"The bolshevik Revolution in Russia was the work of Jewish planning and Jewish dissatisfaction.

Our Plan is to have a New world Order. what worked so wonderfully in Russia, is going to become Reality for the whole world." --

The American Hebrew Magazine, 10, Sept.

www.synagoguerising.com

www.thrivemovement.com

www.anglo-saxonisrael.com

Tue, 02/26/2013 - 12:51 | 3278043 eclectic syncretist

What the fuck is going on, you little bitch Ben??!!! You were supposed to tank gold and silver you fuckin' piece of pathogenic virus shit, and now it's going up before my bid got hit??? You are without a doubt the sorriest motherfucker they ever put in charge of the counterfeiting department. Just wait till they replace you with Krugman, you asshole, and gold and silver will become of infinite value compared to your not worth your sorry ass wipin' FRNs, you fuckhead.

Tue, 02/26/2013 - 12:54 | 3278058 Rusty Trombone

Love it - Warren is taking a chunk of his ass - she's not smokin what he's offering.

Tue, 02/26/2013 - 13:05 | 3278082 GolfHatesMe

sure aint Cherokee Wampum

Tue, 02/26/2013 - 14:43 | 3278459 NitneLiun

Don't you mean that Lie-a-watha is taking his scalp?

Tue, 02/26/2013 - 12:55 | 3278061 helping_friendl...

'nanke getting grilled by Warren.

Tue, 02/26/2013 - 13:20 | 3278147 akarc

Warren has Balls. Even Vitter recognizes it. THough I feel quite certain Warren willbe vilified and Vitter lionized.

Tue, 02/26/2013 - 12:55 | 3278062 khakuda

I'm pretty sure Elizabeth Warren is the worst.

Tue, 02/26/2013 - 13:02 | 3278076 Meat Hammer

Shalom just said they're looking at ways to close down large institutions without collapsing the system.

The system is the problem!!!

Tue, 02/26/2013 - 13:02 | 3278078 JohnGaltsChild

Geeeez, I hope no one shows him a silver dollar.

Tue, 02/26/2013 - 13:05 | 3278084 helping_friendl...

that would be deluxe. I think he would shart himself!

Tue, 02/26/2013 - 13:07 | 3278089 Titus Flavius C...

Titus Flavius Caesar Vespasianus Augustus's picture

Much more importantly, the Hagel nomination [that is, voting to have a vote] should be squeaking by -although it seems like there are a lot of empty chairs... perhaps most of the senators are meeting with AIPAC?

http://www.c-span.org/Live-Video/C-SPAN2/

Has anyone noticed that the narrative on the Hagel confirmation has gone from being about the opposition of the Israeli 5th Columnists to being about "Republican opposition"? I think the likes of AIPAC and the Emergency Committee to Have Americans Bleed and Pay for Zionist Expansionism began feeling a little too 'exposed'... funny how most of the media backed off that angle, eh?

Tue, 02/26/2013 - 13:26 | 3278169 Bandit und Buster