Ben Bernanke - $672K Mortgage Holder, Basketballer, Sebring Driver, Kindle Reader, WWII Expert

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Tue, 12/13/2011 - 10:51 | 1973711 agent default
agent default's picture

You left out moneyprinting champion.

Tue, 12/13/2011 - 10:54 | 1973738 Comay Mierda
Comay Mierda's picture

you forgot anti-christ

Tue, 12/13/2011 - 11:11 | 1973857 Don Birnam
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Hilsenrath: Grand Scribe of the Bernanke Dynasty, and personal biographer of the Imperial Chairman himself.


Tue, 12/13/2011 - 11:28 | 1973993 Precious
Precious's picture

He refinanced twice because he had no fucking idea how interest rates are set by the banks. 

Tue, 12/13/2011 - 13:07 | 1974532 Clark Bent
Clark Bent's picture

That comment is the summit. 

Tue, 12/13/2011 - 13:58 | 1974761 derek_vineyard
derek_vineyard's picture

whats the spread and over/under on obama-bernanke game?

Tue, 12/13/2011 - 10:55 | 1973749 HedgeAccordingly
HedgeAccordingly's picture

CRUDE OIL. Hormuz closed -

Tue, 12/13/2011 - 11:15 | 1973862 firstdivision
firstdivision's picture

Good time to short to go short soon then. I'll capitulate when the bombs drop on Tehran.

On another note, I found it amusing that in Battlefield 3, the Americans invade Tehran.  Also two multiplayer maps takes place in an oil refinery.

Tue, 12/13/2011 - 11:14 | 1973889 TheMerryPrankster
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Hitler was nice to his dog. The bird man of Alcatraz was a manslaughter, but he treated his  birds all right.


Tue, 12/13/2011 - 10:52 | 1973718 Pladizow
Pladizow's picture

Goebbels would be jealous!

Tue, 12/13/2011 - 10:53 | 1973721 qussl3
qussl3's picture

Are we are supposed to believe this tripe?

Tue, 12/13/2011 - 10:53 | 1973722 High Plains Drifter
High Plains Drifter's picture

isn't that sweet.......

Tue, 12/13/2011 - 10:53 | 1973725 AngryGerman
AngryGerman's picture


Tue, 12/13/2011 - 10:54 | 1973735 midgetrannyporn
midgetrannyporn's picture

The bernank will be sucking dimon and blankfein eternally in hell as it is on earth.

Tue, 12/13/2011 - 10:54 | 1973737 kridkrid
kridkrid's picture

"pre-World War II Germany"????  He should check out "When Money Dies"... SPOILER ALERT!!!!  It'll happen again fairly soon.

Tue, 12/13/2011 - 10:56 | 1973739 DormRoom
DormRoom's picture

why u hate on Bernanke.  He extended the collapse timeframe so smart people could get out of the markets somewhat whole, before it sinks.  If u no get out now, why blame him, when it sinks, and u drown.

Tue, 12/13/2011 - 14:06 | 1974792 margaris
margaris's picture

never thought about it this way.

Bernanke the saviour of last resort?





Tue, 12/13/2011 - 10:54 | 1973742 Tsar Pointless
Tsar Pointless's picture

"Lately he's read about pre-World War II Germany"

Good to know and duly noted.

Tue, 12/13/2011 - 10:55 | 1973744 Paul Thomason
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 'benny and the inkjets' 'chrysler sebring convertible' - both equally very funny.

Tue, 12/13/2011 - 10:55 | 1973747 SeverinSlade
SeverinSlade's picture

Wow...Is Mr. Bernanke studying for what comes next?

Tue, 12/13/2011 - 11:25 | 1973965 TheMerryPrankster
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"how to prepare man" - it's a cook book. Now on Kindle.

Tue, 12/13/2011 - 10:55 | 1973750 ParkAveFlasher
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What's next, a BBQ pulled pork recipe?

Tue, 12/13/2011 - 10:55 | 1973751 g speed
g speed's picture

does this mean he is "one of us"?  It sounds a lot like Hitler in his little bunker with Ms Braun living the simple life---

Tue, 12/13/2011 - 10:56 | 1973756 GeneMarchbanks
GeneMarchbanks's picture

Underwater probably. No wonder be buys up MBS...

Tue, 12/13/2011 - 14:32 | 1974922 Matt
Matt's picture

$850K assesed value, $672K mortgage. As long as home values don't drop, he's fine.

Tue, 12/13/2011 - 10:57 | 1973766 K_I_T_T_Y
K_I_T_T_Y's picture

Just read an old articlen in german on the , did not know that the Fed was privately owned!

Tue, 12/13/2011 - 11:26 | 1973974 Ratscam
Ratscam's picture

great start!
Might as well look at other sites such as
und interviews from Prof. Hans Bocker on youtube

Tue, 12/13/2011 - 12:20 | 1974290 K_I_T_T_Y
K_I_T_T_Y's picture

so the shareholders are the private banks... means only banks that theoretically they cannot fail.... just print the money you need!

Even more schocking that they let fail Lehman Brothers because they did not like the arrogance of the CEO....

Tue, 12/13/2011 - 13:02 | 1974508 Ratscam
Ratscam's picture

actually printing money out of thin air, literally. Watch money as debt with german subtitles.


Lehman was compared to the Goldman Sachs gang a fun company with somewhat "nice" sharks. Lehman was the biggest competitor of GS. They could have easily been saved. This was not in the interest of the big ex- Goldman money junkies working in high government positions, Corzine, Tim Geithner, Robert Rubin, Henry Paulson, Lloyd Blankfein, etc.

Here some more corruption handled by the Exchange Stabilisation Fund (ESF)

Tue, 12/13/2011 - 10:58 | 1973774 Jim in MN
Jim in MN's picture

It's his goddamn birthday you mean, mean bloggers!

Happy Birthday Mr. Chairman

Hope you get a nice ES quote stuffing lift from your staff and a secret Bahamanian island from the Squid

We'll get back to the pitchforks tomorrow

Tue, 12/13/2011 - 13:02 | 1974509 TheMerryPrankster
TheMerryPrankster's picture

They should change his title from Chairman of the Fed, to Janitor. He's still mopping up from Greenspan.

Kids with guns, thats the Fed and we wonder why the economy has so many fatal wounds.

Tue, 12/13/2011 - 10:58 | 1973780 Johnny Dangereaux
Johnny Dangereaux's picture

My favorite book from "pre-WWii" era is
"The Coming Democracy" by Hermann Fernau
E.F. Dutton 1917

Tue, 12/13/2011 - 10:59 | 1973790 lizzy36
lizzy36's picture

In other words Bernanke is the perfect academic. 

He is not an evil or even a bad man. He is just running an academic experiment, with very real world consequences. Unfortunatley, being an academic, he has no clue how the transmission mechanism for his experiment works.

The problem isn't ben bernanke, the problem is a political process that allows bernanke the freedom to conduct his experiments unimpeded.

Tue, 12/13/2011 - 11:23 | 1973955 jcaz
jcaz's picture

Truly the definition of "Ivory Tower Economics";

But that's how the job was set up- flawed deal from the start....

Tue, 12/13/2011 - 11:24 | 1973964 Precious
Precious's picture

I'd love to see what kind of worthless shit he's reading on the Kindle while America burns.  

Probably some 10th grade economic manga about Soros:

Tue, 12/13/2011 - 11:25 | 1973968 unununium
unununium's picture

In the spectrum of monetary academics, Bernanke is the extreme dovish case.

Which is why he was installed.  To serve his purpose, unknowingly, in the grand heist.


Tue, 12/13/2011 - 11:52 | 1974118 Potemkin Villag...
Potemkin Village Idiot's picture

The problem isn't ben bernanke, the problem is a political process that allows bernanke the freedom to conduct his experiments unimpeded.

You had me until there...

It's like saying, The PROBLEM with the Cleveland Browns isn't Colt McCoy... It's the fact that his coach Fritz Shurmer keeps starting him every Sunday...

Tue, 12/13/2011 - 13:09 | 1974537 TheMerryPrankster
TheMerryPrankster's picture

It chaps my ass, being a lab rat in Professor Bernanke's insane maze.

There is no cheese only pictures of cheese printed on a shitty inkjet printer.

Fiat fucking cheese.

Tue, 12/13/2011 - 11:02 | 1973802 daedon
daedon's picture

What is wrong with all of you hasn't anyone read the article, I nearly cried (nearly).


Wonder what Jon Hilsenrath & Nick Timiraos got in return (to keep their jobs ?)

Tue, 12/13/2011 - 11:07 | 1973831 Vagabond
Vagabond's picture

"Benny and the Inkjets"  Boom shakalaka!

Tue, 12/13/2011 - 11:09 | 1973851 Paul Thomason
Paul Thomason's picture

He obviously didn't buy the premise of lower housing prices - no wonder he wants to keep rates low!  If rates rise he's screwed with that big mortgage!

Tue, 12/13/2011 - 11:10 | 1973861 YesWeKahn
YesWeKahn's picture

"$672K Mortgage Holder"


I wondered why he was so eager to print and wanted to buy MBS using tax payer's money.

Tue, 12/13/2011 - 11:11 | 1973867 YesWeKahn
YesWeKahn's picture

" after refinancing his mortgage twice."


He has personal motivation to keep the long term rate low.

Tue, 12/13/2011 - 11:12 | 1973876 YesWeKahn
YesWeKahn's picture

There is a hyperinflation article, he should read that.

Tue, 12/13/2011 - 11:13 | 1973881 Ocean22
Ocean22's picture

Why would he not pay off his mortgage ? This seems odd

Tue, 12/13/2011 - 11:20 | 1973923 SilverRhino
SilverRhino's picture

Because his real wealth is out of the country and in precious metals which are appreciating faster than the interest rate on this mortgage?   I mean damn, he KNOWS what is coming and what he is planning.   Mortgage rate under 10%? leave it running.

Tue, 12/13/2011 - 13:19 | 1974587 TheMerryPrankster
TheMerryPrankster's picture

That "underground gym" at the fed building is likely part of a bunker complex where he will be living when the shit hits the fan.

Why pay off the mortgage on a house that will likely be burned to the ground as a cover story surfaces that the Chairman is no longer of this realm.

The whole article on his wholesomeness reeks of mollifying the masses with his "normalness", can't say I've ever seen such a one sided story that wasn't war propaganda.

You like dogs right? Saddam Hussien fucks dog. (stolen from Bill Hicks) told in reverse, you should now love and revere the Bernanke and see him as a mild mannered grandfather type of guy, not the guy that fucked up your future and poured 7.5 trillion u.s. dollars into the too big to fail banks.

Eat your government cheese and be pleased your masters wear such human masks.

This shit is getting surreal.

Tue, 12/13/2011 - 13:29 | 1974629 flacorps
flacorps's picture

"Our Planet prefers to know Victor Pirolo as a gentle, grey-haired enthusiast who spends his time near Foggia, inventing or creating new breeds of Spanish-Italian olive-trees; but there is another side to his nature - the manufacture of quaint inventions, of which the Victor Pirolo is perhaps, not the least surprising. She and a few score sister-craft of the same type embody his latest ideas. But she is not comfortable. An A.B.C. boat does not take the air with the level-keeled lift of a liner, but shoots up rocket-fashion like the 'aeroplane' of our ancestors, and makes her height at top-speed from the first." - As Easy As ABC, Rudyard Kipling 1912


Global domination ... democracy entombed under propaganda ... commerce replacing politics ... pacification forces skipping from one hotspot to the next ... Kipling saw it all coming a hundred years ago.

Tue, 12/13/2011 - 13:05 | 1974522 Rainman
Rainman's picture

Academics drown themselves in theory and are notoriously bad with personal unscientific observation of the behavior of personal family members. 

Tue, 12/13/2011 - 14:21 | 1974862 Newton
Newton's picture

He just turned 58 today - he must like the idea of paying it off in his 80's. I bet he bolts and moves to a nice island somewhere in Asia sometime before then.

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