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Ben Bernanke Exposes The Fed's Next 'Stimulus' Plan
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Damn... none for me as I am sure I am "undeserving."
BUCK FERNANKE
Stimulus as an attempt to cover the obvious failings of the bankster's rackets. F#ck 'em.
Surely that could not be inflationary . . .
You're right, Perimetr, its not. It's HYPERinflationary. Back up that gold, guns and beans truck. You know its the final leg when its the general populations turn to enjoy what the gov't and institutions had... easy money.
The "easy money" will still be created through the issuance of debt.
The bankers always win.
We're already doing this "deserving" shit with EBT, welfare system, etc., etc., etc.
The whole fucking point of the money drop is to put way the fuck too much in everybody's hands so everybody goes out and spends, capiche?
The government will fuck this up, too.
Aaaarrraaagh!
some fucking recovery we got here when they're thnking about giving money away like this
@ZerOhead: Some monetary coordination with fiscal policy... just to nail the coffin real tight
Yup, my downers.
Now is the time of all good men to check the bit of their horses.
"deserving" citizen = Domocratic voter
It's all free in Venezuela. Forward!
When they start the big give-away…
Run out and get that 4K Big Screen you’ve been eyeing because low prices for imported goods will fast become a thing of the past.
The better option for the US and world economy would be a debt jubilee but that would adversely affect bankers and not alleviate the national debt, so we can’t have that kind of a solution.
I never wanted their "free" money, I just wanted them to stop fucking up my money.
Let it rain
I'll take all the free money they want to give me, then buy Ag/Au with it ........
is that the reason they keep sending all their coke our way?
Can you say that again, I missed it the first time?
is that the reason they keep sending all their coke our way?
Damn it man, "in the land of the deaf the one ear is king"...I couldn't hear you the second time....can you speak up?
is that the reason they keep sending all their coke our way?
The bloody hell you say!
Coke? How about you do a line and post that shit again?
is that the reason they keep sending all their coke our way?
Hey, wait a minute, am I in an echo chamber?
is that the reason they keep sending all their coke our way?
Ok, OK, just STF up already.
Thank God
my duplicates got duplicated... shit i don't even like listening to myself that much... apologies
Not that broad , son.
Deserving citizens in their parlance are DUAL citizens.
"deserving" citizen == crony capitalist puppeteer
always.
The rest is entertaining fluff for rest to argue about.
Wealth transfers to individuals make up roughly 66% of the federal budget. 66% isn't exactly a small portion of the budget. At least when I took math in school it wasn't.
That's why they pump up the defense budget again and again, you get something for your money that you can touch, then create a boom. And then they give you a new one, instead of transferring wealth at random.
"deserving" citizen = Domocratic voter"
Deserving citizen = cheesepope wall st banker (2nd time, & still probably not LAST, time around)
there, fixed it.
"deserving" citizen = clinton/bush potential voter
I remember when marketing gimmicks to increase sales (bring future buying forward) were initiated in the mid '80's by lowering lending standards and rates or giving away loss leaders. You could buy a condo and get free appliances, then it became free cash, then a free car. But at no time during true growth periods from 1950-1980 did anything need to be given away. A company producing goods and services that are truly in need do not give the stuff away.
It is no different with money. Money has now gotten so debauched they have to literally give it away to induce 'sales'.
If anyone can't see that this may give a spurt and work for months, then morph into an epic fail, you belong in a bank. Only idiots work in banks - I'm convinced.
Bernanke is a total idiot.
See, there is your problem..calling them "idiots".
These fuckers know exactly what they are doing.
To each according to need, from each according to ability...
Is much improving use of prepositions, da, Boris?
The bankers are an awfully needy bunch...
I agree, they have taken more than their share.
I got nuffin to add.
Meet the new stimulus plan; same as the old stimulus plan.
“Surely that could not be inflationary . . ”
But that’s what they want in order to inflate the debt away.
Bush did a give-away.
I am confident the Fed will fuel the next one on a grander scale.
It will be the FRN’s last gasp.
BTW.. that's also when the Chinese will start dumping Treasuries furiously and will finally show their gold hand.
Isn't inflation the goal? Don't tell me you want inflation and deflation at the same time.
Don't you know?
He can stop inflation "in fifteen minutes".
Do you mind if I get my free cash first? TIA.
For every neighbor who you turn in for not being PC you get $100.
Fuck that shit! I get yours!
Politically Corrupt?
Piece of Cshit
Definition of Deserving: people who borrow non stop and apply for more credit cards
This has been covered before: The undeserving poor -
http://www.imdb.com/character/ch0040191/quotes
It always goes to the poor, as cash, because they have no plan and no goal and will always spend it within hours on stupid random shit across all parts of the economy. Drugs, lottery, booze, chips and salsa, pay mom back, new rims, pimp'n fur coat and bling, high-class 'hos, night clubs, $300 sneakers, Micky D's all night, new clothes for the kids, get car fixed, pay back-due rent, party with freinds, go to the football game.
Like that woman got donatons to bury her kid, and buys a car.
EXACTLY like that.
The poor get it this time, and they spend it on Main Street (or on the black market) and the real economy gets an injection of liquidity.
You forgot "Pays money to join a porn site".
And don't forget those damn lottery tickets or scratch off tickets. Nothing worse than some white trash piece of shit with 2-3 great depression era looking kids in tow reading off 50 fucking lines of numbers when all you wanted to do was make a quick stop for a cup of joe. Now you're 15 deep in line and there are 10 more lottery fuckers in front of you.
The twats are already doing that. What he means is give them moarrrr
What's he taking as collateral.. The fed gives nothing.
Gives credit, lots of it.
Your future production and labor...as you surrender the vestiges of your freedom to the IRS.
The FED hands out Bernanke Bux which are claims upon that future production that has not, nor will ever, materialize.
Well I am NOT deserving of that.
But anyone who takes this hand job will be.
10 18 14 - Macro Analytics - Phase Shift - w/ John Rubinohttps://www.youtube.com/watch?v=d14gATH_70Q&feature=youtu.be&html5=1
http://www.gordontlong.com/Macro_Analytics.htm
deserving=parasites already living on free shit
undeserving=working and paying taxes
Not exactly.
deserving...anyone who will sell himself into slavery.
undeserving...anyone who believes in Freedom and Liberty
If you are a wage slave and paying taxes then you are already sold into slavery.
This is being engineered as a net for those who are not working and paying taxes.
From an earlier post...TODAY...about people who will accept this form of stimulus...There is NO SUCH THING AS FREE MONEY.
They will pay all of their "gains" back because the Income Tax Brackets will not change correspondingly.
This "free" money scam is a way to force that 50% to file a return, which, in some cases..er...many cases, that 50% does not get enough taxable income to be required to file.
Furthermore that 50% will spend that "extra cash" on the inflated prices of essentials. This will cause them to become in arrears to the IRS and ensuring their slavery.
And being so ignorant they will support that their Government is "helping them" while actually making them a Tax Slave as well as a Credit Card Slave and a Student Loan Slave.
Where Obamacare failed to have people file...this action will make filing for everyona a certainty....regardless of income.
Hell it'd be more efficient just to do away with the bracketing in the first place and have a flat tax.
But they also intend to destroy the US Dollar.
So in using this insidious method they will get a two fer...Destruction of the US Dollar...Creating a Tax Slave which is constantly in debt to the IRS.
Probably. Though I would not rule out a new tax break for the middle-class. We vote (not the poor blacks on EBT) and they'll not want us pissed at being passed over. So yeah we get a little sump'n.
I'm gonna go with fuck you asshole! I'm also betting your some old Faux News ancient piece of shit livin on 2 pensions like Military or social security and you got YOURS Motherfucker, good, go and do something godd for a while instead of running your asshole! Die for us you know nothing decrepid piece of shit, you got nothing but spew! I'm sick of you penny millionaires rulin the fucking world, you peobably got one fuckin skill and that's makin it to the fucking shitter in the morning.........fucking lame deadbeats you are! Fuck you asshole!
what's yer point
What a cheap suit.
I would give it back to him.
If it was me , I would have slapped him.
and suffrerd the court the court costs, and done the time.
Fuck that shit! I get yours! Gimme gimme me me me me moar gimme gimme
You can have mine...LMAO
You're not shovel ready.
if they ever do raise rates, im guessing kevin henry has GTC bids lined-up every 250 dow points ... he'll be buying shit straight down the shoot this time so that when the announce their next "program", he'll be long to the gills on the bounce. complete fucking joke of a way to run an economy.
I'll save you all the suspense- You ain't getting shit.
I hope not.
I would believe you if Bernanke was handing out plastic cards with a negative interest rate. Cash is no longer king in his world.
Please pick me, please please, I hope he picks me as being deserving... Fuck that socialist horse shit, keep your worthless money Bernanke your mom needs it, I saw her on the street corner giving BJ's for 1 dollar each (deflation hit the prostitution biz hard) she can't afford her ultra inflated rent. OHHH yeah I said it.
that socialist horse shit,
So, how is a private corporation (the FED) giving away money socialist?
I think the definition is Fascist, where corporations are in control of government. Corportocracy is another term. Crony Capitalism. Oligarchy, where Oligarchs are owners of finance and corporations.
" I'm here to kill you, Little Bill, for what you did to Ned."
William Money
" I don't deserve this, I was building my house." Little Bill
" Deserve has nothing to do with it."
William Money
" I'll see you in Hell." Little Bill
" Yeah."
William Money
Ben - make mine Gold Coins.
What a phuking 'Dick-weed'......watch a REAL sage explain it all..... https://www.youtube.com/watch?v=rsL6mKxtOlQ
shove it up your ass bernanke
Remind me of why Very Serious Economists claim that we must have a privately owned cartel of banks issuing our currency?
Seriously.
Also - why does the fed refuse all requests to divulge who owns the shares in the regional banks?
Is it because its ultimately a handful of mostly European-Jooish banking family dynasties, or is there some other reason?
Edit: dear junkers, is it that the owners arent the rothschilds, lazars, etc, or is it just that one isnt supposed to question a timy ethnocentric and foreign minority owning the fed? Lol.
It's almost time to start killing them all, again... maybe one more snooze button
No, it isnt. A disgusting and stupid comment. Not wishing to be dominated by a tiny minority that uses ethnic networks and banking/financial power to denigrate my culture and nation does not mean wanting to murder them.
Bringing that wildly disproportionate power out into the light of day and making things more equitable, and holding accountable Israel (and the US) for its egregious and systematic warcrimes is entirely ethical, reasonable and just.
But fucking idiot comments like yours make it impossible to argue this position.
We all get lumped in with fucking nazis for criticizing Israel, Zionism, and transnational excessive Jewish power and control in very large part because Zionists and Jews can easily conflate such criticism with calls for state violence, actual racism, hate, and injustice to the majority of Jewish people.
Seriously - fuck you. Fuck you for calling for murder most of all, but also fuck you for helping to make any reasonable, fair, and peaceful rolling back of Zionist hegemony possible.
Your sort are the ADL and AIPAC's most effective rhetorical and political weapons against any exposure and discussion of Zionist racism, supremacism, and megalomania.
Fuck ziopaths, and fuck nazi cunts too.
lol at "reasonable, fair, and peaceful rolling back of Zionist hegemony possible." fucking hilarious
and fuck you, you deserve everything that's coming you fucking pussy...
call the FCC and ask them why Jews own every media conglomerate, that would be a "peaceful" start! good luck!
I will take mine in Gold coins Ben. It's my tradition.
That cone on Chairsatans head is getting bigger by the day.
Somebody should hand him a Grand Jury summons!!!
RICO
https://en.wikipedia.org/wiki/Racketeer_Influenced_and_Corrupt_Organizat...
I think that I may be the "wrong color" for any sort of stimulus present.
You're not a green shoot.
Shoulda done that back in 2008, we'd be much better off today than having printed trillions for QE.
shuda repaired roads and bridges instead of bailing out fat banksters
Dats soshullist
You mean all those "shovel-ready jobs" that Obama promised in 2009?
He's going to need a bigger wallet. Will the first trillion dollar bill have his face on it?
No, that infamy is reserved for Dear Leader O'Bongo.
Wearing a Kenyan tribal headdress.
Hmm, does that include a chicken bone through the nose?
Cheese Ben We need Cheese not Paper!
Help Us Ben Help Us
"Deserving citizen", well that leaves out middle class working white male (are there any of those left?).
Lots of us Doc who are just going to get the shaft with no KY... grab what you can get while you can, we're going south Africa in the USSA...
More porkulus/spendulus/scamulus would "meet expectations," but handed out to the (not really) Federal (with no) Reserve's precious stockholder too-big-to-fail banks, not the hapless muppet too-small-to-save sheeple.
He needs the tallest lamppost, the Statue of Liberty will do. FUCK HIM !
I imagine that'll look a lot like this;
https://www.youtube.com/watch?v=7ZFHG8wWC5s
A down vote for Chappelle? You know damned well if the ghetto goblins got "free money" from Uncle Sugar there would be lots of flossy bitches in $500 kicks running around.
Personally handing out "money" to each deserving citizen.
There, fixed that for you.
jews only?
listen Ben when I want your G-damn money I'll steal it!
I'm a deserving citizen! Actually I'm three of them!
It's easy, really: free healthcare.
let me guess how recipients will be vetted, "are yku a banker?" no? sorry u dont deserve to have money lol
We need to start a Dead Pool on these fuckers.
So who's going to die first?
The Bernack or Jamie Dimon?
Jamie Dimon or Neil Diamond?
Summers or Paulson?
Old Yellen or Blankfein?
Jimmy Buffet or Warren Buffet?
This is going to be a long list.
I'm serious folks.
This site needs a Top Ten Bounty list mounted on the top next to the National Debt and days left under this regime.
You know.
A road map for doing G_d's work.
Every member of Congress should be required to wear a NASCA jacket at all times listing his top 10 sponsors and the prices paid:
Buffett - $$; Boeing - $; IBM - $; Tel Aviv - $$$$$$$$
I will kick you off
Ace of spades = Congress, all of them
I still like my idea of a deck of cards like those issued in the Iraq invasion
And my idea of blow bankster sex dolls. I think an Obama one would be funny, but that'd be the only manufactured in Kenya.
That last one's a trick question. The All-You-Can-Eat Buffet is going to die first.
That's my Grandmothers money he stole by reducing rates.
With his legs crossed like that is just proves he has no balls.
Naturally, since aliens have no balls.
Ben Bernanke simply morphed into Janet Yellen - same alien.
Has anyone ever seen Bernanke on stage at the same time as Yellen? Well, have they?
This reminds me of what Marc Faber has said on more than one occasion: "Bernanke is a money printer. He prints and prints and prints!"
But I digress. I think it's time to accurately characterise U.S. monetary policy...as pure madness.
Humanity has been enslaved by the bankers, the architects of war and poverty.
Abolish the banks. Free the human species.
It looks like a talk skow, but he's actually in a Bangkok high end hooker palace.
"It's still $100, right?"
And everyone thought it's about the price of gold.
The day this bullshit starts, is the day that the True American Patriots lock, load, and fire.
BTW, my newly purchased Colt New Agent .45 w/ crimson trace laser grips makes for a nice, beautiful, backup and cc weapon.
(-2)
Holding a grudge, are we?
the most deserving citizens are those who have already squandered their money. the least deserving are obviously those greedy savers with their static wealth.
Congratulations, unlike majority of ignorant readers you do understand how real world economy works! The worst offenders are those that preach that everyone should save for retirement while claiming that Social Security is a Ponzi scheme.
Two questions: will we get a 1099 along with the money, and can we loan the money back to the fed at interest?
I love the smell of greenbacks in the morning. Smells like Theocracy.
How does one jump the cue ahead of the one-percenters?
"Surely that could not be inflationary"
You bet it is.
Hey Federal Reserve screwball district presidents, after the sugar high from handing out money wears off you have even more debt and haven't solved the base issues.
Impoversishing the little people.
Not necessarily.
If the receivers' of the cash do the smart thing (for them) and:
use the cash to pay down debt it would be deflationary.
take the cash out of the banks and stuff it in their mattress it would be deflationary.
Does he really have his legs crossed above the knee?
No balls! :-D
True helicopter money; without passing by the banks who CREATE leveraged DEBT.
If the FED gives free Treasury bills to the public its BETTER than the FED giving free money to the Banksters WHO Write it UP 20/1 based on ZIRP and feed the Casino NOT the real economy and take their compound interest on it.
Helicopter drops to the consumer of FREE money feeds the REAL economy NOT the CASINO.
Out of a choice between free money to Oligarchs and free money to the people, the second is by far better. If only the productive investment could ALSO be brought back to the local Consumer. We would break the NWO of ZIRPed free money of, for and by the Oligarchs !
The illness has taken hold of the central nervous system, attacking the brain, resulting in American fiscal insanity.
For most of America's hugely successful life time, we operated with a currency backed by gold. American saw it's best days using real hard currency.
Bernanke and his ilk were given free hands to manipulate interest rates, currency printing, and asset buying, along with the well kown secret of the "plunge protection team".
The amount of money flowing UP the ladder to the 1% has skyrocketed.
The amount flowing to the bottom 99% has shrunk and continues to decline.
The plan is working.
gold standard controlled by bankers and governments is no solution. this is exactly what the gold standard was about last time it existed. before 1913, and later, the deflation (i.e 1818-1850, 1872-1897), not inflation (also created by bankers' greed, though it was against their philosophy indeed), was the tool of choice for the bankers, who were fanatical about it, and the term "sound money" is from their lingo. the gold standard made the exchanges stable, rarely it had the same effect on the prices. often quite the opposite was true, as little changes in the gold reserves, or in reserve requirements (as well the other tools, to a lesser extent, such as discount rates or open market operations), make huge moves in the money supply (which affects prices), as gold was at the top, the deposits (very important to differentiate between lodged and created deposits, aka debt) at the bottom of the money supply pyramid.
first and foremost, the gold standard was stable, because the prices were dictated by the governments. the price of gold was a law, not a market.
it would be a mistake to expect any different gold standard from our current rulers. that doesn't mean i personally don't like gold and silver. quite the opposite.
I could support this proposal IF and ONLY IF it is implemented as follows:
The FED, acting through the banks, uses the records of the IRS to REFUND to the regime's victims, euphemistically called "income tax payers", all the earnings confiscated from these victims over their entire lifetime, with fairly-calculated accumulated interest, by making the appropriate deposits directly to these victims' bank accounts.
So it will be more help for the hapless. Those people who make 400K a year and just can't make ends meet and other profiles in excessive debt and poor financial and other choices. Of course for the people who saved and were prudent and didn't invest in subprime car loans or whatever chasing yields... there will be NOTHING, but more pain.
This is what none of you including the fed or Goldman Sachs gets.
a) Two men go to a billionaire's party. One says to the other "Wow, this guy has everything, boats, penthouses, women, wifi in every room and a toilet made of pure gold"
b) The other guys answers "Yeah sure bud, but he'll never have what I have.."
a) "Really and what's that Einstein?"
b) ...Enough...
Pointless really ... just deperate actions by desperate ex-central bankers.
We live in the perfect money collecting machine that nickel and dimes you out of everything.
So as soon as it is handed to someone it will be instantly sucked up by those that run the money collecting machine.
"Deserving" means those Americans willing to be good little goy and suck the cock of some neocon prick.
Correction; "socialist prick".