This page has been archived and commenting is disabled.
Bloomberg Fires Back At Bernanke's Blustering Rebutall
It appears 'It Is On' as Bloomberg offers its well-reasoned and eloquent response to Mr. Bernanke's 'egregious errors' note to Congress. Without naming names, Bernanke makes a number of points regarding the reporting of the secret bailout terms and profiteering, which we discussed here, and now Bloomberg comes 'Over-The-Top' Stallone-style with a much more fine-toothed refutation of Bernanke's refutation of their reporting. "Bloomberg stands by its reporting" and offers a point-by-point take-down of the Fed-head's perspectives.
Here is Bernanke's letter to Congress:
...and Bloomberg's excellent point-by-point response can be found here, but for a taster, here is Bloomberg's slap in the face of Bernanke's claim that all program details were public:
Bloomberg’s Nov. 28 story about Fed lending reported that the central bank published regular reports on the scope of borrowings from the discount window and other emergency or temporary programs. The loans were described as “secret” because the amounts, names of borrowers, dates and, often, interest rates weren’t disclosed. The stories reported that the Fed’s rationale for keeping the loans secret was to prevent bank runs.
»
- 27489 reads
- Printer-friendly version
- Send to friend
- advertisements -
Bloomberg just gave the Fed their middle finger. Good work BB!
Bloomberg attacking Bernanke. Bernanke attacking Bloomberg. Is this anti-anti-semitic?
No. Only for you to know what is really going on.
Hey, whatever's kosher. WTF do I know. I'm just a human mushroom.
Let's see:
1) The Fed bails out banks and gives them free money.
2) The Fed lies about it.
3) The banks use the money to kite up commodities and make everything more expensive.
4) The banks pay out big bonuses to their executives.
5) The banks' people continue to live life, buy cars, buy homes, and go on vacation(s).
6) Apparently the banks do not see a problem with this.
This is why there is Occupy Wall Street. 99% of US citizens think this is incredibly criminal.
Excellent summary! Let me please add:
7) The banks use the money to lobby Congress for more deregulation so they can screw the public even deeper and longer-lasting.
Can we get pregnant with all the deep thrusting and monetary ejaculation?
Somebody cue Donkey Kong.
Bloomberg. Mayor of NY. Repube. Owns massive financial channel. TV/Terminals/Web......
Somehow, in the US (because it's obvious), it just does nto feel right.
Everything has an overhang of being somehow stage-managed. Such a game.
ORI
/the-plan/
Enough of the Criminal Racketeering Organization and tool of the New World Economic Order that is, at least in part, The Federal Reserve and any other fractional reserve banking front for the Money Masters.
I'm sure there were past times in history, typically at or near watershed moments, where the most aware were accused of "conspiracy conjecture" and fear mongering, but only the truly hopeless sheeple - with no chance of enlightenment no matter how much clear evidence & even proofs were stuck under their noses - can't see The Federal Reserve & Bernank for the criminals and the long planned implements of Keynes's ultimate dream of a global, integrated, one world economy, complete with an international currency (Keynes referred to such as the 'bancor'; we know it today as the proposed SDR), to fully bring the idea and notion of sovereignty to an inglorious close.
End the Federal Reserve.
Prevent planned, contingent successors to the Federal Reserve from ever hatching, let alone being instituted and empowered.
Restore the coinage of the UNITED STATES DOLLAR (NOT FEDERAL RESERVE NOTE) to Congress, where the Constitution clearly and uambiguously places such power (if Congress screws it up from time to time, let them be punished via the imperfect but at least somewhat direct repercussions that only a republican form of democracy allows for - at least Grandma is less likely to be baffled with bullshit about why her cost of living is rising by 10% or more per year if she knows 'The Congress' has printed too much money, and she can vote),
Seriously reevaluate (and I'd argue discontinue) any participation with any global financial entity, such as the World Bank or IMF, which claims to be an NGO, is funded primarily by the United States, and carries out and always has carried out what has been an unmistakeable agenda of interfering with sovereign rights as much as they possibly can (e.g. attempting to privatize rainwater in South America).
Go back to a system - any system - which builds in an automatic constraint as to how much money can be printed, whether by using a gold standard OR ANY OTHER STANDARD THAT DISALLOWS INFINITE DILUTION OF PURCHASING POWER.
Let nations rise and fall based on the merit of the efforts, determination, abilities & morality of their people, and do not let some self-professed group of elites to ever 'plan' how the world should be, based on some perverse and parochial set of ideals that they hold dear, built on incredibly narcissistic and naive assumptions that their collective intelligence can trump Mother Nature and the complexity of events that is the universe and the human condition unfolding in real time, and who are willing to sacrifice the innocent to see those [idiotic] ideals implemented, as Machiavelli would have done.
Dante's Inferno, bitchez. We just passed through the 8th Circle and are heading for the 9th.
One small correction TIS... their plan doesn't call for 'currency' per se any more... the system they want to usher in is based entirely on 'credits'. Why fuss with the ink when you can issue binary credits unfettered from the ether tied directly to our SS cards or (tin foil time) RFID implants?
Yes, there is no question that the day will soon arrive where our 'credits' will be automatically deducted and added to our 'accounts' via retinal scanning.
The big banks think they are the pineal gland of humanity when really they are a pulsing bleeding pile on the asshole of all that has fucked us of late. Why nurse a cancer or tend to a festering sore. Cut off the fuckers and be done with this shite. Only less trauma can com from this.
Good rant TIS. Ya rode him hard; hope ya didn't put him up wet. Milestones
"...
End the Federal Reserve.
...
Restore the coinage of the UNITED STATES DOLLAR (NOT FEDERAL RESERVE NOTE) to Congress ..."
Congress would abuse a fiat monetary policy just as the Fed did. HR 1098 is a better solution. Put a real market constraint on the Fed and allow people an escape route from this currency debasement nightmare.
You make it out like the current arrangement is not beneficial for the US and OECD countries -- you are dead wrong on that count. Net net, the current financial system has been and is very favorable but the distribution of the loot within US/OECD countries is uneven, with most of the benefits accruing to the bankers and other "in" groups. Even the international financial institutions have been tools of the OECD countries to eviserate emerging economies. But, that is the story of human life -- the strong will exploit the weak.
You can bet, the US/OECD countries are going to make every effort to retain this system in some form or the other. One has to realize that what is perpetrated is not a "fair" system but what TPTB can force on the weak (countries) to the point where the weak are on the verge of rebeling.
It's tiresome to read whinings of readers that it's all just the bankers, pols, etc. who have benefited -- the truth is that we all benefited over the last 40 years. Now the loot distribution is getting very lopsided and we are squealing like stuck pigs.
Unlikely. Just keep bending over.
No, I think you have to drink the Kool Aid. Then you get pregnant.
and it is your number 7 that is the root problem politically. constitutional amendment, new supreme court justices, possibly just sufficient disclosure and shaming. for some related ideas see: http://www.hussmanfunds.com/wmc/wmc111010.htm
A few years ago I would have cringed at the very thought of a military take over. Now I believe they have the most honor of all those who took an oath to protect the constitution.
So I say to the generals -- disband this government, round up the criminals and use your justice system to punish them. Then bring back a constitutional gov like it was when general Washington did the same.
Oh, please! Have you not seen the string of generals, admirals and colonels willingly selling out to the defense and energy industries? The US defense budget is as big as that of the next fifty nations COMBINED! And that includes number four and five on the list which are our longstanding allies in Europe! The top brass has had more time and more money to clean up Afghanistan than it took to wage WWII. The top brass gets a trophy for being in uniform; not for performing in any way that would be considered efficient or honorable. This is the trophy for everybody American leadership class ... you get a trophy for crashing the economy; you get a trophy for engaging in endless war in a backwards tribal mountain zone. It is a pure fantasy to think that the military - the nation's largest repository of GOVERMENT BUREAUCRATS - would represent some benevolent dictatorship of the honorable. Ron Paul understands that. So did Dwight Eisenhower.
8).Congress members and their staff then use their inside information to buy bank stocks before the positive legislation gets passed....
9). Newt Gingrich is Dick Cheny's fat little sister and wants to have your baby, beware the batting of eyelids.
It's like the Peter Schifism -You either print and create inflation or you don't. It's like being pregnant, you are or you aren't. You're never 'half' preggers.
To that effect.
what a beautiful description
the banks used those money to play with what your life's worth in "the market"
OWS is to modern discourse as Nixon is to the Gold Standard.
It's easy to put a finger on the straw that broke the camels back, but we are all accomplices in the great theft to get to that straw. We all are to blame. Our votes, our leaders and our political appetites for selfish reasons.
The great depression yielding socialist solutions that were never retracted is just as much to blame as Bernanke printing too many times.
We are all to blame.
Until we accept that, we cannot move on. We are kidding ourselves. You cannot have something for nothing. It's against the laws of mother nature, of physics. A carnot engine cannot yield more output than what is input. Mother nature is no different.
Eventually it catches up with us.
Preach it brother.
I have a (un-named) God given right to a portion of everyone elses earnings!!! You people are just greedy uncaring sociopaths!!! My arm was twisted behind my back by a banker to take those poli-sci & art courses...I had to sign left handed because my right arm was broke!!! Its a conspiracy...murderers!!! The government is the best referee for all this...they know whats best...trust them...it cares!!!
Sorry bout that...I had a MDB moment ;-)
i disagree. if all are guilty, none are guilty. the banksters and their politician whores are more guilty than the lied to voters or borrowers. socialism has little to do with the actual current problem of too much unearned wealth in too few criminal hands.
i will go along with you that excessive government power has a good piece of this but the new deal pales in comparison to the government expansion that resulted from wars: civil, ww1, ww2, cold, gwot (not to mention the one on recreational drugs that preceded and trained it).
Socialism has little to do with it??? Do you not see the failure that is socialism in Europe? Thatcher said it best, "Socialism works great until you run out of other peoples' money." The money is running out over there.
If you want a socialism that works...try living within your means...balance the budget. ZERO SUM BITCHES.
But if you must borrow 40% of every dollar spent and its still not enough to attain your socialist utopia, and your in a 1 to 2% growth regieme, I'm here to tell you the banks did the best they could to keep your myth going as long as they could for you. For you.
The problem is not with the banks. The problem is with us.
Jeff,
It was a joke. But like all jokes there must be an element of truth to it for it to be "funny".
"...if all are guilty, none are guilty."
Not quite. All we are arguing over is the price we are willing to pay.
"...the banksters and their politician whores are more guilty than the lied to voters or borrowers. socialism has little to do with the actual current problem of too much unearned wealth in too few criminal hands."
If we are to assign guilt on a percentage basis it is we who are guilty to some extent, we allow it, we promoted it, some actually condone it. Where is my taste seems to be the general attitude.
Where do these people come from who actually believed that O'bama was going to pay off their mortgage and not take a cut or the action? What does that imply? It implies he's going to steal or take by force from someone else to pay for yours doesn't it?
And yet, somehow we are all shocked and appalled to find that there are those who are even more greedy, more well connected and a whole lot smarter who use this emotion of greed to their advantage. The sky is falling, we are running out of oil...look there on the hill, shining like a beacon, its "green energy" follow me children!!!
Straight into the Land of Solyndra.
And over there...(Bush) we are surrounded by terrorists. Clearly this calls for a brand new spanking bureaucracy. I give you DHS, we'll figure out how to pay for it later but look at all the fat, incompetent fucking slobs that it now employs. We can't cut any of that now, why...that would just add to the unemployment numbers!
And one of the greatest cons ever...the serpent draws himself close to the ear and hisses. "You are a capitalistic nation. You should have your CEO's & board members be paid in stock options instead of wages. Shouldn't their earnings be tied to the performance of their company?" The serpent smiles and slithers away. Of course this diverts "revenue" from the Treasury...but what the hell, we're all Keynesian socialists now right?...lol.
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy." Churchill
We may not agree on everything Jeff but lets at least admit to ourselves what it is. They sell you "socialism" under the banner of "equality". They sell me "capitalism" under the banner of freedom but it is fascism.
Speaking of conspiracies -- weren't Bloomberg and the Bernank supposed to be in the same cadre of TPTB? I mean, I read it all the time on these pages. Now they're having a spit-ball fight in public? But, but, but, how can that be?
"I have seen the enemy, and it is us", to paraphrase the great Pogo.
This is part I don't get. There is the Pimp the Markets, the Fed, the Banks and their egotistic Matt Millers Bloomberg.
Then there is the "We are using our terminals and doing our Jobs Bloomberg. Two many faces. LOL
If the Sun is powered by Love,
I fear it could go out
any day now.
Lucky,
for us humans, super humans and beautiful creatures,
I got me a good woman for Christmas.
Game on Bitchez,
Let the best Plans and Blueprints win.
Vaya con Dios!
Max, did you forget to add your "sarc"? I'm sure you did.........
We're all to blame? F you buddy. I've voted Libertarian all of my days , excepting Paul this last go 'round. I'm 33 and disenfranchised. I'm tired of all of this kumbaya crap. I AM NOT REPRESENTED. I didn't vote for SS (of which I'll see not dime one), I didn't vote for the drug war, I didn't vote or support any of the wars except by forced taxation at the peril of my freedom, I didn't vote not to properly investigate 9/11, I sure as hell don't support the shitcanning of the constitution, I didn't vote for G fucking Sachs and their ilk to buy my government, I didn't vote for income tax or Economic policy ruled by private interested parties, and I damned sure haven't voted for local gwstappos that think "public safety" trumps inalienable rights.
You know what I've done? I've tried to treat people the way I want to be treated, I've worked hard since I was 16, I've educated myself, I've started a small family - 1 child, I have no cc debt, and I've had to short sale my starter house b/c my wife and I have been laid a combined 4 times. We have nothing, and we've played by the rules; and for what? I'll tell you what, so our generation and that of my childs can get ass raped. Fuck you.
You go sit in the pickle barrel with those fucking criminals who to this day walk free and perpetrate their horror show, you go sit with the scum sucking bought and paid for corrupt politicians, the bloodsucking luciferian banksters, the souless offshore whoring corporate machine.... because I ain't going to go there with you brother.
My biggest mistake, not sacrificing my life as a teenager to kill as many of these criminals as I could find when they were easy targets and just coming up. That's my sin.
Crab Cake - my greatest mistake was not to quote Teleb in this post. I feel that's how he encapsulates where we are in my post. I hear you. I voted with you. But I didn't do enough, I didn't stand with a bullhorn selling my bill of goods with the neighbors who were infected with the trite of which you display. Teleb takes the easy path of saying "why blame the last when yet all who hath come forth before are also to blame".
ALL are to blame because we do not stand here with inner soul searching honesty that we have truly done all that we can do to protect future generations. Even you have a moment of reason where you acknowledge this.
Maximilien posited:
Thank you for the clarification. I think the best that we can do now is atone for our past inaction. Each of us must put forth the effort to hunt down and exterminate as many bankers as we can.
Not to be a douche but trite is an adjective not a noun. platitude however is a noun and would have sufficed. my banal response will surely get many thumbs down because it's a distraction from the larger picture of which you accurately reflected.
It is our faults that we are where we are, and soon we will be where we will be. this has very little to do with politics, and very much to do with physics, geology, thermodynamics, and chemistry. you cannot have infinite growth on a finite planet, and no amount of voting can change that. we are merely on the plateau of hubberts peak, and the world is in the predicament it is in. once the descent begins... let's just say we wasted the only opportunity we had, and yet even the knowledgeable among us are still bickering about how group x caused all of this.
Your and me caused it by not realizing that the earth has limits, that growth has limits, that fossil fuels are not infinite, and your wealth is directly related to the cost of fossil fuels. if you still drive a car everywhere you go instead of biking on occasion, if you buy all of your food at the supermarket instead of growing some of it, if you put your clothes in the dryer instead of hang drying them, then you are at fault, but you'll likely never realize it.
Crab Cake, if only you were a common 33 yr old American. You might consider relocating with your family. There is a decent future out there for you....but probably not here in the states.
I will not run, it's not in my blood. I'm mostly English who showed up in Virginia in the late 1600's, an eighth Cherokee that fell off the trail of tears, my grandfather received a battle field officers commission in Pattons Army and 2 purple hearts, we can trace our line through both sides of the civil war, we've fought in nearly every war this country has asked us to bleed for... this is my country. A Republic if we can keep it.
I am scared and nearing desperation.
We've already decided. When/If the time comes I'm sending my wife and child with relatives, and I will go hit and run guerilla. I pray, literally, that reason prevails, and that oaths are remembered... but I'm not sure. God help us.
Please know that you and your family are in my prayers.
Your family's story is remarkably similar to mine. My family came here in the late 1600s, my father's side mostly English and my mother's side mostly Dutch/German. Being here that early probably means that we weren't the most respectable types, but we were resourceful. :) A fellow on my Mom's side was a frontiersman who took George Washington out exploring a couple times and reportedly saved his life. Another served as a general under the father of our country in the Revolutionary War. Yet another as a general of the Confederate States Army. And so on through today, with relatives on active duty as we speak (insert mental image of Lieutenant Dan from Forrest Gump here!). Our frontiersman line also mixed with the Cherokees and produced a gentleman named Sequoyah or Sequoia, with whom you may be familiar (he is not of my line of descent however).
I sometimes think of how tough, bold and strong our forebears were, and how soft, compliant and weak we are by comparison. The following quote always hits home with me on that level. Such truth. And the balls of it! This man wasn't an empty suit speaking soundbites on CNN, he was literally putting his life, liberty and property on the line against a king:
“If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that ye were our countrymen.”
(I even have a soft spot for the beer named after him!)
It shames me that I, and so many others, are now crouching down and licking the hands that feed us (some much more than others). That shame, I think, drives me in small ways. I try to push myself when I'm afraid, from adrenaline-junkie type situations to more mundane things like public speaking. I have stayed physically fit far beyond 99% of my peers. I have trained for physical combat. I have learned to handle and maintain weapons. I have recently taken an interest in small-scale gardening. All of this as a well-educated city kid, with no prompting and no one immediately around me sharing any of these interests. Why? The same reason I work hard and save. I don't want to rely on anyone. I don't want to be weak and if it comes to a fight, I want to be able to fight, not just talk about it. I hope to have the strength needed to do the job, if and when it comes, and whatever it may entail.
I do think it is in our blood. You're not alone by any stretch.
But this generation is not our forebear's generation. I think our battlefield will be right here, on the internet and face-to-face in our communities, with the pen and not the sword. I think that our military has the honor and integrity never to turn its force (which is most certainly overwhelming) against its own countrymen (and in this sense I think they are much, much more trustworthy than our local police forces, who all too often see the constitution as an impediment to be overcome and not an ideal to be upheld, but I digress.) My point is that we're still free and there's no King George. So my advice, for what it's worth, is to prepare and educate not just yourself but as many others as you can and spread the word. Even if it's just a mention of ZH or Ron Paul or the fact that with one ounce of gold, a man could buy a fine suit of clothes in the time of Shakespeare, in that of Beethoven and Jefferson, in the depression of the 1930s, and today. Get people thinking. Don't come on too strong or expect people to come around overnight. Some want to remain ignorant, even desperately so - we all know the type that simply can't stand to be told hard truths. Some have a vested interest in the status quo. But most are just sheep. Try to be a shepherd. I am not the most sociable guy by nature, and I live in a big city, but I have one colleague who is a lifelong Democrat and ardently supported Obama who is now looking long and hard at Ron Paul and moving some of his savings into metals. I've gone from "fruit loop" to "hey, maybe this guy's onto something." :) It's only taken about 4 years. But who knows who he may talk to, and so on. Just look at how much support Dr. Paul is getting from college kids these days vs. ten years ago! That fact alone gives me great hope. (I think "internet nerds" like Anonymous are going to be the most effective modern day guerillas, but again I digress)
Well, enough blabbering for one night. I guess all I wanted to say is your story resonates with me, you're not alone, be prepared but not rash, and don't let the things you know affect your quality of life or that of your family. Waiting around for disaster is no way to live. Disaster will come if and when it comes, not because you just took the blue pill or went down the rabbit hole (I know, I was scared and desperate when I did the same about 10 years ago). In the meantime, try to have some fun and spread the word. It'll take some of the edge off. ;) Hang in there, compadre!
'Congress has provided a variety of tools - including enhanced supervision for large, systemically significant financial institutions and a resolution mechanism to wind down such firms when necessary-'This just says one thing:
MF Global - we're guilty...
You forgot one possible step
3.5) Banks provide capital backing for "We buy Gold" and "Cash for Gold" kiosks and outlets in order to asset strip the US Middle Class of their remaining real wealth.
I don't know who is funding all of these stores but there are just too many out there for there not to be something driving a significant percentage of these stores.
I have noticed this as well. Around here they have dressed up dancing bears outside of them. And what about those cash for gold parties?
Suddenly having a pawn shop is chic?
pods
" 99% of US citizens think this is incredibly criminal.
Unfortunately, I don't think so. And that's the problem. While most of the 99% probably believe WS is guilty of some "shenanigans" (the term most favored by the corrupt msm on the rare occassion they dlscuss ws criminality), the overwhelming majority of people have no idea they are victims of real crimes and massive criminality aided, abetted and perpetuated by a com$licit crony capitalist gov also dedicated to covering up the truth and protecting the guilty.
That is why it's essential to reiterate to all who will listen that they are friggin' CRIME victims (not mere shenanigan sufferers) as much as if someone had stuck at knife at their throat, stolen their belongings and left them naked in the road; and that the dirty swine are still out there, lying, cheating and stealing at will, bringing governments and peoples around the world to their knees.
When enough of the 99 come to understand they are the victims of actual, premeditated illegal acts that would rightly see thousands of white collar perps indicted, tried and sentenced to hard time-- except for the corrupt failure of elected and appointed officials to uphold their oaths and faithfully enforce the rules of law on behalf of the American people-- that's when the tide will really turn.
No genius. This IS NOT why there is 'occupy wallstreet'. The opposite is more likely true. Occupy wallstreet to date has been a classic regime play. The sentiment is correct and good but the results are what the 1% craves above all else. More control over the 100%. Further excuses for why we need more of the government that has put us into this situation to begin with?
obumma is trying to suck us into the same situation that Europe is in.
That is his job.
Full globalization bitchez.
Wake up and smell the fucking salts before it's LIBERTY OVER.
RON PAUL 012.
Wake up America.
Well, actually, the FED is giving the banks your and my and our money. The FED doesn't have any of it's own money. The base, that'd be us, produces the wealth that underlies capital formation, yet, we have allowed them to rhetorically corral in the so called "consumer" feed lot. Banks don't produce wealth - they sell derivative facsimiles of wealth - debt and notional wealth - a piece of the fractional reserve pie with whip cream and a cherry on top
It might help to understand how history can make demons look like angels and angels look like demons to smith those invisible rings hooked into our noses and tied to guidelines that create the illusion of destiny. Example: In school we are all taught that Abe Lincoln was a great man for signing a decree that led to a civil war that spilled buckets of blood and filled the counting rooms of American War Lords and scared more than 100 years of our history with racism. Consider: Lincoln could have purchased the freedom for the slaves so they could migrate to northern industrial centers work as "dollar" slaves in northern factories. After all, until that moment in time slaves were a "legal" asset class.
Why didn't "honest Abe" choose to end slavery? No blood - would have saved billions in war costs.
As Gen Butler put it: War is a Racket. And honest Abe was really just a racketeer, like most presidents the commons has had to endure, who sold himself to the highest bidding pimp on the steps of the temple.
The FED is the primary Global War Usury Exchange. Period. Here is how it happenedL
The WZO Gypsies worked it all out just for us at Balfore back in the daze of Woody Woodrow "the wood" Wilson's through their confidant affiliate and fav pump the pumpkin middle man sayan and blackmail note delivery service, our history's very own Supreme Court Chief Justice William "The Ice" Brandeis. Not only did Woody surrender to the WZO and agree to bleed American Blood and Treasure to restart a war, WWI, that for all tech purposes was over except for the UK home secretary's signature on the formal documents, The Wood also agreed to break another campaign promise and agreed to the Federal Reserve Act which established the Central Bank of the Global War Usury Banking System.
Starting to reckon why all them Ivy League Schools of Dominion Heresy have all them Woody Wildson and Ice Brandeis christened Halls?
The Federal Reserve: Is it a multi generational crime syndicate, the top dog of the War Usury Banking System or a cloister of Fiat Exchange Token Alchemists?
It's all three for the price of one - just pay shipping for the 2ed and 3rd option then click heels thrice while chanting "ain't no value like paper backed value"!
Back to Balfour: The UK Home Secretary, for his bunz up and kneeling prostrations to the to the heretical WZO Balfour demands was given all the negatives of him playing find the quarter with a preschooler in a Downing Street #1 hat room. The WZO descendants of Vlad the Impaler, for their part, obtained a promise granting deeds, which the UK had no right to assert, of lands that were, in actuality, already enshrined through title and deeds to the people of Palestine which included the War Marketing Loss Leader of Modern Times as Chartered by the first resolution of the UN Security Council in 1948, Israel.
That Iraqi dude Abraham was a travel'n man for sure - his richness of loin made up for any "precious" assets he held for sure. According to Mormon Canons, American Indians are the "real" lost tribe, Abraham was, indeed, a man about town. He, so we be told, had signed contracts with the big white beard in the sky mall and all that. Yes, Timmy, the UN gave property they didn't own, a piece of land belonging to one party, based on claims by a counterparty that they had, somewhere, a contract, signed by g*d, from an impossible "to connect the dots" remote ancestor that cut the deal way back when, over brunch, with the Big White Beard Guy in the Sky!
The problem with a finite currency system is there is only so much money to be made based on supply and demand of the underlying "precious". The WZO Fiat wild catters figured out a long time back that all you need to do is tell the muggles that a piece of paper represents value - once they fall for that - just keep printing the hoax, or fiat, replacement token (making sure to keep more of `em for thyself everytime the presses are light up)! Slap a picture out of a history book on the fiat and the Idiocracy thinks it means sumpin!
Point is: US has been in a War Posture Since WWI. The Federal Reserve Financed the US 100 year legacy of War Posturing. Just tell some Merikon a Germin a Commie an Asian or Arab want's to pork their fat wife and he be spreading the fundio a nickle a throw to help finance whatever the latest greatest "Protection Racker" the War Usury and the governments they control are hell bound to deliver the Alchemist's fruit by again turning blood to gold.
Banks do not have money - they do not create wealth. Banks dealth with notional wealth. You - us - we be the only dogs in the pack building wealth. Time is power. Money can't buy time - they say money can't buy love - but they are a few working the alleys off 42ed street that say other wise.
Destiny: Give me your dirty love - just like that pink donation to the dragon in your dreams.
Is it just me or does the Bernack's scribbled signature resemble the letters Ag Au?
I think it looks like "Babe". Like you know I can see Ben sayin', "Hey Babe". He seems like that kind of laid back guy.
Only after he hits his hash pipe. Otherwise he gets the sweats.
You can read a graphologist's impression of Bubble Ben's signature here:
http://www.businessinsider.com/wall-street-ceo-signatures-handwriting-analysis-2011-5?op=1
Paula says: "Protection and evasiveness can be seen in the signature of Ben Bernanke. None of the letters of his name are distinguishable with the capital B’s forming protective covers and the stiff lead-in strokes indicating resentment.
A beginning left hook reveals an acquisitive nature and someone who may want to acquire for personal gain or stay firmly entrenched in his own philosophies. The tent formation in the last name shows a stubborn nature while the dashed and angled ending stroke forms a bunker of defense."
Gee...I saw a silhouette of two sharks and noticed that the fucker can't write a legible letter 'B'.
Scribbled?? That's perfect penmanship for a shape shifting reptilian.
It's called a chick fight
"Bloomberg attacking Bernanke...."
PMSL
I'd like to see Bernanke and Bloomberg in a death match. That would be awesome!!! :)
-John
http://johnu78.blogspot.com/2011/11/how-to-get-started-in-amateur-radio.html
"never pick a fight with someone who buys ink by the barrel" ...oh wait
It's all a charade. They're both on the same team.
"individuals make up all societies,creeds,nationalities,religions,race,etc.,etc., - it is unwise to cast a slander on a whole,... when the sift has yet been drained"
The other night i hear mr. Bloomberg open up for NPR saying that national deficit is now at 10 trillion. He was only off by 5 trillion! The shiw ends with everyone agreeing that healrh care is the problem. No mentio of banks or bailouts !
Bloomberg not to be trusted.
Forget the trial. I say just kill them. They are fucking terrorists.
We need someone with balls and an aircraft to step up!
Right fucking on. Enough of this on-going horse and pony show. We would have to be insane to stand for any more of this horse crap.
Yeah, but I am waiting on Margaret Brennan to go topless!!
It's on like donkey kong
The real number is above 30+ trillion.
Bernanke is a sellout traitor who should be put to death after his trial for treason.
http://theintelhub.com/2011/12/05/u-s-government-executes-16-year-old-fr...
U.S. Government Executes 16 Year Old From ColoradoJust two weeks after killing confirmed Pentagon asset and American citizen Anwar Awlaki, the United States government executed Awlaki’s 16 year America son via a drone strike in Yemen.
The U.S. government is now targeting and executing American citizens, without due process, who they have labeled as terrorists with little to no evidence.
While we do not know if Awlaki’s son was the intended target of the drone strike (the U.S. government won’t say) it simply smacks in the face of the Constitution of this once great country to target areas with any U.S. citizens, much less a 16 year old kid.
Freedom America style! Not even China does this kind of shit.
Well, Cops are trigger happy in the USA. Why do you think they want to disarm you?
Put to death. That's a bit too easy for his crimes. Put him in the burbs with a $30K a year deadend job, a $240K mortgage, skyrocketing bills, 2 kids, tuition payments, a 14 year old Ford Escort with 167K miles and a 45 minute commute. Show him what hell is.
No description of a nagging wife?
belime blolla, wit dem kine o problems his wife be plenti nagging on him nite and day...
Shotgun wedding to Merkel.
Escort? Go big. Give him an Aztec.
...and a pregnant 14 year old daughter who has just announced she is a lesbian...helping to explain why the turkey baster could not be found on Thanksgiving...
That's great!
You are a fucking idiot for 2 things:
1. Making threats on the internet.
2. Implying that America has a worse track record than China on anything besides manufacturing.
I'm not even American. Think twice, and when in doubt, shut the fuck up.
Making a threat? I said he needs a trial first. If convicted, then death penalty for treason, which is in the law.
And China gives trials to ``terrorists`` even if they are kangoroo type trials.
Obama should be arrested for war crimes, along with Bush and Clinton.
Just like China when they execute fraudsters?
Yep. If Jon Corzine would have been in China, he would have been executed by the state long ago.
They executed the head of their FDA a few years ago.....just sayin'.
Uh, ever look at what the enalty for debasing the currecny was...as laid out in ORIGINAL documents. Nobody is making a threat, unless they are saying that the law needs to be carried out equally for all people. None of that Animal Farm shit around here.
No silly, stop paying attention to what the state-controlled-main stream media feed's ya.
Awalaki was not a terrorist. He is a made up character played by Tony Greenberg, one of the most powerful families in the world. See this video and when done, I am confident your jaw will drop.
This story is bababaa bull-shit.
And Alex at Intelhub should know better.
http://www.youtube.com/watch?v=uiFtPLd93f8&feature=related
That was hilarious! Alex Jones is tame compared to this one. I give it a Linday Williams rating of 7 on the car salesman scale.
Yep ... jaw has dropped. Thanks for the link.
I'm initially sceptical (as always) of the overall thesis (particularly after my comments a few weeks ago here about another of this guy's "discoveries"), but it does actually confirm a few things that I have come across myself from a completely different angle.
One thing it does do, without a doubt, is show Alex Jones for the sham I have been saying of him here for quite a while. He is such a bad actor that one can always tell when he is hamming it up, or covering up his handlers' tracks. LOL.
This just in from Congressman Ron Paul:
"Oh, It's on like Donkey Kong."
The Bernanke meets no one half way!
Do you know why Chuck Norris gets out of bed in the morning? Because the Bernank tells him its OK to do so.
The Bernank's tears could cure cancer - problem is he never cries.
He's listed as an organ donor...for his beard.
stay thirsty my monetary fiends
Simply because the Fed withheld the amounts, names of borrowers, dates and, often,
interest rates weren’t disclosed doesn't mean it was done in secret. Come on Bloomberg, get with the program!
Best laugh in days - thanks
And it was written in Sanskrit on paper with white ink. So don't be telling no more lies about the Bernank.
LOL!!!
So that's how that transparency thingy I keep hearing about works. Yup, I feel much more informed now. Clear as mud.
In short, Bernanke says a number of things have been provided that haven’t been provided. That’s it, that's all.
That’s what people are complaining about.
When Bernanke appears before Congress and is asked where the money goes he doesn’t answer them. It’s pretty clear he’s running a secret operation where he gives money in unspecified amounts to unspecified people in unspecified regularity at unspecified arrangements. Do they have to pay it back, is there some interest, what did they do with it….???
What evil lurks in the minds of men? Who knows? The Shadow Bankers know. Bwahahahaha.
It depends on what the definition of "is" is.
When is Judgement Day for the Bernank?
He will eventually do it himself when the whole thing comes down on top of him. He packs a Glock 40 that little wimp.
Doubt it. Thinking Beretta .25
I was thinking a Bobcat 22....
I was thinking ice cream spoon.
I was thinking breath mint
I was thinking paper knife:
http://www.youtube.com/watch?v=OxcQRFBkeRw
full body condom?
....Daisy air pistol?
death by helicopter -it's the only way.
Bad sushi
I hope the fkr takes a swan dive off a building
What do you think this is, the 30s?
His Golden Parachute would keep him from going SPLAT!
Then we could see what a dead cat bounce really looks like.
It's about time SOMEONE in the media grew some balls.
Unleash hell I say. Let the fucking games begin
the games have just begun.
and by games i mean fucking americans in the ass with a barbed wire condom.
Bloomberg news works for the Fed. This "argument" is simply diversionary. They are probably all having a good chuckle over this. Gee, I hope the Journal and the Times jump in! What a farce.
Yeah, I also smelled a bit of PSYOPS in this.
Sure, I could entertain that, but cat fights in the media are definitely at the top of there "dont go there list" so I have to differ. This is late stage end of the Ponzi.
TPTB have had it all figured out, how debt and trade imbalances would threaten them, so they would eliminate the gold standard, and play for time while they looted the country. That game of cheating the system came to an end when the tech stock bubble burst, so the end game of uber looting all that was left began under Greenspan (who is now peddling a gold standard in a pathetic attempt to save his reputation). This is ultra late stage looting. Fortunately, our heroes in central banking have been stacking gold for ten years, evidenced in the 20-25% steady rise over the last decade. When the kick the can game is over, it will all collapse.
Fortunately, for the pigmen who matter, they had the foresight to lay away enough gold over the last decade to meet the needs of central banks (almost). So now we know how central banks are buying and the price of gold is suppressed, the gold was bought years ago.
Reminds me of Jamie Dimon's "pointed" question to The Bernank about the reporting burdens presented by new Fed requirements at one of the new Q&A "news conferences." I mean the friggin Bernank works for Jamie Dimon with his girlie loafers. Nauseating.
i see you see the polarization technique called divide and conquer. not that the Fed is any saintly org, but Bloomberg is an orchestrated servant just as the Fed itself is.
Oh Oz! Come out from behind the curtain. We forgive you! Its ok, we will make dinner and have a party!
Thanks for playing the bad guy.
<3
People have to be paying attention for this strategy to work. Most people in the US probably couldn't even tell you who Ben Bernanke is.
Ben Bernanke's signature looks like "Ashole" in curly.
Is this what they call the "fore" meeting the "skin"?
Open invites to Mikeys French Riviera, Bloomberg Terminal? Ya Right!
Bloomberg bent Benny over, the coals Bitchez.
....aaaand US stock futures are up. Must be another unsourced 'Europe is fixed' story floating around.
actually, I read somewhere that Krugman's space aliens invaded Europe just after the market closed.
Bloomberg wins the semi truck and the love of its son! ...And isn't that what life is really all about?
To all the journalists stopping in tonight. Stop fucking around, you're messing with the future of our country, our children's country. This is none other than full scale hard core abuse of power, corruption and the absolute whoring out of American principles and laws for the benefit of a few.
Hat tip to you tonight Bloomberg, may you be in good company on future endeavors doing the same in the continued exposure of sunlight upon the thrones of these criminals!
Here let me quote Robspierre for ya then: "phuck the media first" cuz your delusional if you don't think they don't have their interest over yours every time no matter the season. Bernanke's a saint next to Bloomberg. Bernanke also has the added benefit of DOING the right thing which considering we're talking policy here is an accomplishment indeed. Ain't no one arguing Bloomberg has ever done that. Nor ever will. The words sound nice though. Like Satan.....Always appreciate the digging for info of course though...I wonder who's digging for info on Bloomberg? What was that? No FOIA on that organization? There's a surpise.
I don't think I have ever heard the words "Bernanke" and "doing the right thing" in the same sentence.
Congrats. You may get downvoted out of here. Also, Bloomberg is a private company. Why would they need to disclose a FOI?
No doubt you are right. It will be the ultimate irony that the media, who made this all possible, prints the truth wnen it is too late to matter.
Still, hat's off to Bloomberg for fighting the good fight. They deserve some loyalty for the effort.
We at ZH do not forget virtuous behavior. (kind of hard to overlook today)
My comment was addressed to EVERY JOURNALIST. Working AT Bloomberg or with someone else. Read the Jefferson quote. THEY ARE PAWNS by default. They need to look within, in the whites of their children's eyes in order to break free from the ease at which they parrot the daily word.
Most journalists, sure, your comment is appropriately directed, but every one?. I guess you don't consider Tyler a journalist? What about Santelli? He's a parrot?
Clearly someone who did not read the quote from Jefferson.
"Hat tip to you tonight Bloomberg, may you be in good company on future endeavors doing the same in the continued exposure of sunlight upon the thrones of these criminals!"
Nope not TJ's quote: Yours.
Clearly.
please take your finger and stick it in your ass, take it out and smell it. Shit! Right?
good now that you are grounded in reality:
"David Rockefeller, “We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.”
Qulting TJ (A gangster in on the CONstitution) does not get you out of thinking.
the shit on your finger is real.
the shit in the paper is NOT.
/shill/
FED = Clearing house for banks
CONgress = Clearing house for corporations
Press = Patsy
People = Mark
So, we can expect a subpoena or a raid on Bloomie any day now...just to remove any doubt ;-)
nah... Just a lot of unexplained 'homicides' (without suicide notes)...
Ever notive Bernanke has an ass like a woman? And he responds like a girl too? Benny has issues besides that traitor thing
You check out Chairsatan's ass?
Tarpley is taking notes
I respect your calls. No cold shoulders from me. I was thinking about " Stealth Drones" , and rack of lamb.
Any thoughts?
The only thing they didn't rebut is Dear Mr Chariman and Ranking Member, rebutting Sincerely would of been redundant.
Pretty sure Barney is at home right now trying to figure out how to use rebut and Ranking Member in a pick up line
Benny, it's sweet that you cared enough to send Spencer "big bank-tbtf" Bachus a letter, but if you really loved US, you would consent, nay insist, upon an audit of the fED.
Wrong. If you loved our country, a country of EQUAL MEN. WHERE NO MAN IS ABOVE ANY LAW. You would immediately step down and publicly denounce your office. Put your future unborn Americans before yourself much as your forefathers did before you. Ben, live in legacy as Andrew Jackson or Jefferson as those who stood up to the abuse of power, who recognized that the self is weak, and that doing what is right means doing what is unpopular, doing what is fair and good for ALL - is to not have a system that cheats the productive for the few, the powerful.
Fed presidents and subordinates reading this, you are no different. The Internet is there. USE IT. Resign and denounce your profession. A profession of soft slavery and abuse. One that cheats the hard working sons and daughters of this country for the benefits of a few.
Man the one time I want to totally abuse the 'vote up' button I can't because you started with italics.
No bother. I'll do it here. +100.
Of course your plea will fall on the deaf psychopathic ears of those who need to hear it but kudos for saying what needs to be said anyway. I heard it.
Andrew Jackson should be admired for his defense of personal liberty, but he only stood up to the abuse of power when it was personally convenient. He abused his share of power.
Did anybody else think it was odd in the Bloomberg article how they just stuck the 7.7 Trillion number on its own separate line, I thought it was confusing and odd how they wrote the article.
Does anyone think it's weird how a Trillion is an acceptable household term these days? Quantity of money - it's nothing but abracadabra. A faith. A belief in something tangible that is not. You cannot touch a trillion. You just believe it represents something, no more than you believed in Santa Claus with every bone in your body.
It's a Darwinian Cheat where a name is giving to something (shells or dollars) where people who don't have jack shit to do with the transaction of REAL PRODUCTION AND OUTPUT profit simply from your blind faith.