Is Jawboning All The Fed Has Left? Goldman's Take On The FOMC Minutes

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Tue, 11/22/2011 - 16:41 | 1903982 TruthInSunshine
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The Bernanke's Stellar Economic/Financial Forecast;  Circa 2005 (interview by LIESman)

 

But in all fairness, no one could have seen it coming./s/

Tue, 11/22/2011 - 16:45 | 1904037 macholatte
Tue, 11/22/2011 - 17:02 | 1904121 Shock and Aweful
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Enact this law here...and half of the investment "gurus", market insiders, fund managers, and bankers would be eliminated immediately....

Seriously...they should maybe consider passing a law....they could give it some nationalistic title...like the "Reign in the fiscal weapons of mass destruction and financial terrorists Act"....

Could you imagine the blood in the streets if they enacted something like this here? 

Not just bankers and fund mangers either....there are so many goddamn crooked ass people in this country....stealing from others to get ahead is considered being a "go-getter" anymore....(as long as you steal with a pen and not a gun....then you are a fucking menace to society and need to be locked up with all those no-good drug dealers and addicts. (In our for-profit prison system)

However, consideriing that I only seem to see the police carrying water for the criminal's these days...I doubt a law like this would be enforced....unless it is carried out via vigilante justice?  

I am sure we could make up a few million police badges and start handing them out....

LETS ROUND EM UP!!!   hahaha

 

Tue, 11/22/2011 - 16:46 | 1904043 johnu78
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When I see the word "Jawbone" it makes me think of the clip in that movie "Rollover" when Hume Cronyn gives his little speech and then the whole U.S. economy collapses. Here's the clip of that:

http://www.youtube.com/watch?v=GPYLJoq_40Y

 

Enjoy,
John
http://johnu78.blogspot.com/2011/10/mosin-nagant-reasonably-priced-rifle.html

Tue, 11/22/2011 - 16:40 | 1904015 GeneMarchbanks
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No. They have 'tools' OK?

Tue, 11/22/2011 - 16:43 | 1904029 Tsar Pointless
Tue, 11/22/2011 - 16:52 | 1904074 TruthInSunshine
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The Bernank's masters want to drink everyone's milkshake. And I mean every last damn milkshake.

Tue, 11/22/2011 - 17:05 | 1904132 SheepDog-One
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Have tools? Or are tools?

Tue, 11/22/2011 - 16:43 | 1904028 Fred Garvin
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Still love this clip...

Here is a clip of Benny and Timmy saying what they really think...go to exactly 3 min 50 secs into the clip, the next 10 seconds says it all!

http://www.youtube.com/watch?v=-9l7C6fjvgE

Tue, 11/22/2011 - 16:44 | 1904033 PicassoInActions
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BDM is a changed man... Soon he will be like mother Teressa

Tue, 11/22/2011 - 16:45 | 1904040 JohnG
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".....and we expect this tool to be introduced at the January FOMC meeting."

So, yet another Fed member?

 

Tue, 11/22/2011 - 16:51 | 1904067 Cheesy Bastard
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Animal spirits.

Tue, 11/22/2011 - 17:03 | 1904118 SheepDog-One
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Im so happy to see their Keynesian BS such as 'animal spirits' philosophy dashed on the jagged rocks....NO you CANT force people here and there like cattle, like in the boy who cried wolf, people call 'BS' after they hear the same nonsense over and over again.

Tue, 11/22/2011 - 18:52 | 1904550 Cheesy Bastard
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+1

Tue, 11/22/2011 - 16:52 | 1904076 Mark123
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Who cares what these crooks have to say.  I thought we lived in a republic, not a debtor's prison?

Tue, 11/22/2011 - 16:57 | 1904098 Snakeeyes
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Can they go lower? Yes. Will it make any difference? No. But it does risk massive inflation if they can't pull out fast enough.

Lower GDP growth, Euro melting down, ... Treasury Direct: $35 billion 5yr at 0-7/8% – Fed Talks More Easing

http://confoundedinterest.wordpress.com

Tue, 11/22/2011 - 16:58 | 1904100 AldoHux_IV
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Inflation and nominal gdp targeting is just borrowing a page from China, and we all know how well that is going.

Crony capitalism bitchez!

 

Tue, 11/22/2011 - 16:59 | 1904108 SheepDog-One
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Damn straight all the FED has left is jawboning. 

Tue, 11/22/2011 - 17:01 | 1904116 mayhem_korner
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I rather prefer the term "squealing"...

Tue, 11/22/2011 - 17:02 | 1904122 SheepDog-One
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Definitely.

Tue, 11/22/2011 - 17:00 | 1904110 mayhem_korner
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Draghi = abomination that causes desolation?

Tue, 11/22/2011 - 17:14 | 1904165 DormRoom
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Fed cannot print.  If they do so, it would implode Japan form a collapse in USD-JPY, and our vital ally in South Asia (hint Chinese theatre of war).

Tue, 11/22/2011 - 17:15 | 1904170 kito
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now that ben hasnt loosened the monetary stool since the spring, when is this market sell off going to happen? 

Tue, 11/22/2011 - 17:29 | 1904248 Georgesblog
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That's the rule of deception. If you can't persuade with rational presentation, baffle them with double talk and confusion. keep them guessing. 

http://georgesblogforum.wordpress.com/2011/11/02/the-daily-climb-2/

Tue, 11/22/2011 - 18:47 | 1904535 tmftdoyle
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Answer: Yes!

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