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Watch Ben Bernanke Testify Before Joint Economic Committee Live
Bernanke will testify before the Joint Economic Committee today to offer his outlook on the state of the economy, governmental financial policy, and federal spending priorities. Last time he testified on the Hill, the Fed Chairman said the U.S. economy was showing signs of a "self-sustaining recovery" but cautioned that another four to five years may pass before unemployment levels fall to historic norms. Presenting the semi-annual Monetary Policy Report provides an opportunity for the Fed to update its view on the economic outlook directly to Congress. Watch out for any notable keywords such as "QE3-XXX", "Keynesian Paradise", "Turboprint", "Hyperinflation" and last but not least "Gold is money."
Full testimony link
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is this one of those precious metals rally events?
HOLY EURO!
LMAO.
Sanders: "Are you going to help small businesses with loans the way you have with 16 trillion to wealthy individuals and huge financial institutions?"
Bernanke: (Paraphrase) "Whoa, whoa that's crazy talk, we don't have the authority to help middle class and poor people!!!"
Bernanke, quote, "That is no way to run a railroad."
Harriman, Stanford, Bush, Vanderbilt, here is your man. Bernake has done more for the neo-robber barons than any man has ever helped the Power Hungry. If John Pierpont Morgan and John Davison Rockefeller could only be alive to see this giveaway of wealth by the Federal Reserve from the status quo to the Major Banking Houses on the back of a fiat standard that has fleeced the Republic, not to mention the world, and given the industry to the oilgarchs in a way that could not have been fathomed by even Karl Marx.
Bernanke, quote, "We stand by to dig this already unfathomably deep hole even deeper, and further enslave future generations so that today's bankers and financiers may live a life without need or want."
Ok so maybe he didn't say that in so many words.
In another year or so will we all be scavenging for rats? This would deliver historic normal employment levels would it not? His prediction is not yet proven untrue!
Im cutting in line too.
See that Rep Sean Duffy pretty cool guy asked good questions. Could be YOU! We need you to run for Congress defeat the corrupt, status quo.
If Mr. Lemmon Hendrix were a chick, I'd propose to him...or I mean her...today.
For we share a diagnosis and a prescription for the mutant strain of bacterium that is The Bernank.
Ah, the dulcet tones of the Bernank. So soothing, so reassuring.
can u beleive i fell asleep....what i'd miss?
No, he said that in reference to Peak Oil and the fact that we are digging unfathomably deep holes today and they are coming up dry.
And if there is any hope for future generations, it is in slowing down the demand for the little oil that's left in the hopes that our chemists and scientists can come up with a satisfactory replacement for crude oil. And if they don't, the sheep will piss all over them the way they have pissed on Bernanke.
Another great line was when he said, "We're just innocent bystanders."
I'm surprised he didn't burst into flames or get struck by lightning.
"We're just innocent bystanders."
What he really meant "I'm guilty and you bystanders are about to be destroyed.'
Or maybe, "If I'm going down, I'm taking you with me."
"The condom has broken and we are waiting for the economy to become pregnant again from anal sex."
"Pull out the Ben-wa balls!"
I was going to by some more ms puts but I better wait to see what this butthole says. He might say something about QE and I will be fucked.
Basically, inflation expectation from QE1-2 overshot what the Fed wanted, and so objective of operation twist was twofold: allowed more times for actors to deleverage, collapse the growing commodity bubble, and decrease inflation expectation, so it would not be engrained in the economy, and form the seed of stagflation.
I believe the Fed is more fearfulf of stagflation than deflation, or inflation, since it is the worse of both scenarios.
No QE3, unless commodity bubble collapses , so cost-push inflation is reduced, and remains 'transitory'.
Oh ok, so what we can understand from your post;
- QE DOES cause inflation
- We've recently experienced inflation, not deflation
- Bernanke manipulates commodity markets, bond markets, and the value of the Dollar (and OBVIOUSLY also the equities markets).
I like how Keynesians continuously defend their arch-priest lying, and talk of the "free market" as if they know what it is.
wtf.. Greenspan, the high priest of libertarian values, permitted the 30 year debt bubble. He didn't believe bubbles could exist. It's a worldview where markets are self correcting, but 3 bubbles inflated during his watch.
Bernanke isn't a Keynesian.. He may be a convert after another financial collapse. He's an acolyte of Milton Friedman.
What is this, vocab Tuesday? Did you just write down all the words in the glossary of your "Principles of Micro-Economics"?
Greenspan is no libertarian. Bernanke is what we call neo-Keynesian, and he and Greenspan and Friedman are all in the same Klan. The Klan takes their pointers from the Power Hungry. This Klan does what is best for theanking Houses, that is all.
wtf? Greenspan isn't a libertarian? Look @ his actions over the last 20 years. He was the prime mover for financial deregulation.
After all, if the free market can solve all of our social problems, because it is more efficient than government, free it!
But oh wait, free market without some wise oversight, leads to mammon, monopolies, obscures risks, price distortions, undermining the price discovery mechanism, leading to misallocation, and imbalances, and undermine its own effiency.
Thus the internal contradictions of laissez faire capitalism are exposed.
QED: an unrestrained free market can diminish the public good. Thus there is a role for government. The size is matter of debate.
I'm not an American Libertarian, I'm what in Europe is called a Liberal (same roots, different branch) but perhaps I can explain the libertarian point of view on this:
Libertarians maintain that you must be allowed to FAIL or the economy won't work in the long run. They would first abolish the FED, and then deregulate the financial system. Then banks are "on their own" and have an interest in NOT failing.
The current setup leaves banks to do what they wish and to cry bailout when it goes south.
There, no contradiction in the libertarian point of view.
Classical liberalism has a hidden Malthusian fatalism, based on an underdeveloped thoughts on political economy, especially wage gains, and productivity.
"hidden Malthusian fatalism"? Where did you get this from?
I'd say more something like a sane skepticism about the "goodness of people".
"underdeveloped thoughts on political economy" ?? perhaps you should read some Bastiat, particularly on the matter of unintended consequences. Nothing "underdeveloped" there, just a sound Socratic approach on what you really know...
If you do want to stay on a "leftist course" I'd suggest you study some of the Germans "Ordnungspolitik" studies. For example the history of the "Agenda 2010" and how it kept most of the worker's jobs in Germany (at a price, of course).
By the way, I agree with you that the real debate is about the SIZE of Gov - which has to match the tax rates on the long run. One reason why I think a flat rate tax would be the real progressive tax, in the long run. Strongly simplified, it would go like: "This year X% of the GDP is government spending, therefore X% is your tax rate - thank you, citizen!"
Look, there is no free market. The markets are centrally planned. The President's Working Group on Financial Markets was established under Greespan. This Group uses the market as its plaything. The Federal Reserve has on its board Jamie Dimon and other Major Banking Houses on its board. This is not deregulation, it is just a way to create the playing field for the sake of the playing field.
Doing away with Glass Steagall may have been deregulation, but more than anything, it was plain stupid. It has not been a laissez faire market, however, which is the basis for deregulation, this market has been centrally controlled so to make sure the guys at the top stay fat, and everyone else gets tied up.
Monopolies are direct result of goverment policies, not free market. And once established can be perpetuated because those monopolies have a control via government.
There were enough regulations to stop 2008 crisis, the gov. and the Fed didnt enforce it, because the big banks had/have monopoly control over the gov. If it was left on market forces all 5-10 biggest banks would be memory by now. BTW they would never have become so large in the first place.
And talking about market forces, yes they are brutal, but at least they would have purged the problem much much earlier. Something like 1997 or 2001.
And then again the market forces will purge the current problem too, just this time it will be several times bigger.
read some American economic history from the mid to late 19th century. Laissez faire capitalism lead to the steel, rail, cotton, financial barrons (monopolies). Why do you think we have anti-trust laws?
"Laissez faire capitalism" is a competitive market... nothing stopping some competitiors becoming 'top dogs' because they're first or sharpest but the free market (mainly small growing new companies) take down the established dinosaurs or 'kings of trees' in the forest
the free market, exactly like nature, is a process (unflìolding events in time) not a fixated frozen event. There is always dominent players who hav earned their stripes. But they always get tired or diseased and mainly eaten to death by smaller competitiors biting at their heals. Monopolists need constant market intervention to retain their position (see Big Oil like Exxon, Total, Shell etc) and their main ratchet is Govt, its legislation and oppression of smaller entrants
take a look at how Ryanair and lessor, EasyJet, took down the Govts/establishments monopoly State airlines. Then take a look how particuarly Ryanair used secondary airports to circumvent yet more monopolist practices at large airports. £299 fairs down to £12.99... you won't find that in a monopolist market rigged with anti-trust Laws and regulated by ingratiated crones (see banking, see all State public-private utility markets such as electricity, water, gas, oil)
in the case of "monopoly ...rail barrons" it takes alot of money to start railways... that's why the industry was sidelined/undermined by the more efficient, personal, flexible automobile 100 years ago with an explosion of new companies (100's auto Co's versus rails handful). How are your railways now mate? Ah, a bankrupt Govt propped up public-private shambles (like GM, like Nuclear GE, like Green Inc Co.)... and still a monopoly (wasn't your anti-trust supposed to stop this? How about Microsoft? How about... I could go on and on and on)
i can assure you the book you read is academic bollocks (like State monopolised healthcare, Pharma and education) and so is all the crap the ingratitaed corrupt crones write against the free market and for more (State monopolised) regulated markets that have never worked (see Utilities, rail, Nuclear, Green again)... and so is anti-trust Law. Law is a complete and utter sham
our world is being systematically strangled (legislation is intervention in the free market incarnate) and systematically robbed by monopolist parasites: the State and the unproductive parasites families and persons behind it (Rothchild, stand up and be counted).. The Parasite Club
The state is the ultimate monopoly, wake up!
No, Greenspan isn't libertarian. He once was a disciple of Ayn Rand, but once he got the printing press he went completely nuts.
Greeenspan was no libertarian. If he was he wouldn't have been messing around in the debt markets to begin with giving us artificially low rates. Maybe you should know what you are talking about before you speek.
err..As an Ayn Rand libertarian, he allowed the debt bubble to balloon, because he didn't believe in interfering with the operations of the market. The debt bubble ballooned because you had a structual imbalance between the current acount balances of US, and China. China used it's current account surplus to buy Treasuries to keep the yuan low, so it could maintain it's export lead. Low Treasuries yield allowed the US to incurr more debt at a cheap price. This was a structural problem.
Greenspan, as a libertarian, would not interfere in the market to correct this. He believed any market response was wiser than an individual judgement, even a Fed chairmman.
This is going to go against the grain, but I'm starting to think that Benny boy actually gets how fucked this situation has been and could get. His voice trembles at times when he's talking about the fiscal state. This leads me to think he's actually genuinely fucking petrified of the end game and is actually trying as hard as he can to avert the end game of national default, hyperinflation etc.
Of course, he's a political animal so he's chosing his words very carefully, when secretly he probably wants to tell them that the fed is copying the southpark strategy of buying and then suiciding on the debts.
You know their deserate when THE PEOPLES POTUS, has the Feds Robo Call Center shagging down non paying College loans,because they owe Billions to him.
REAL smart move, Robo calling CELLPHONES, right before an election, to harass folks with no jobs, and no hope of getting one.
Insert last nail in '12 Re-Erection Coffin you idiot.
my favorite thing to talk about in voir dire is analyzing a witness from their behavior absent their words. This guy is nervous, pathetic, lying piece
Problem with body language is it only shows when someone doesn't believe what they're saying, not in what way or why.
I think he'strying to manage perception for the TV. He's walking the fine line of technical truths that he doesn't have faith in.
His words are that things are relatively under control. It's the truth technically that the house of cards is continuing to be propped up in the short term, but he doesn't have faith in it lasting, hence his body betrays him and calls him a liar.
If he was to look like he was telling the truth, he'd have to have faith in what he's saying.
I suspect if this was the case, he'd start to sound a lot more like Peter Schiff. He'd be up there clearly stating that they have to fix their fiscal issues NOW or the music will stop.
He seems trapped by a situation he can only prevent for so long. Like one of those old handheld games where you had to run from one spot to another and catch things an idiot is throwing before they hit the ground.
He's desperately trying to stop the plates on the shelf from smashing while the politicians are shaking the building. More to the point, he's going to be blamed if any plates smash, but as a servant, he can't call his master an idiot.
I wouldn't want to be him right now.
Whoa! He just admitted that if investors lose confidence in the fiscal direction, the fed will have no power over interest rates.
how about someone asks him a question about rigging the Gold price market with a massive paper takedown 3 weeks ago?
where does that come under his only 2 public mandates (of a private bank), full employment and a "stable" economy??
wiping tens of $Billions off investors portfolios in a secret deal with other global money monopolists (Central Banks).. what public interest did he serve, what stability did he provide, why didn't Regulators get off their useless worthless corrupt arses and cuff the crook?
oh not a single 'public representative' thought to ask the question. None of them in Gold then. Maybe they were all waiting for Ben to take-down the Gold price and know the US Govt is going to extract it from private pockets in th near future (after they've trashed their money system)
Oh - that fucktard knows exactly how the thin the ice we're on is. They're the assholes who facilitated iceskating into spring time.
This is only about extending and pretending. He knows that there will be no legitimate attempt to "correct" the deficientcies in the global economy.
Be careful on puts with this high vix. I'm dumping some like BAC's that tripled since yesterday. Maybe buy em back in couple days.
On days like this, options are over priced. Even shit calls are up 40% on nov 9 bac calls, used to strangle myself.
shit calls?
are those anything like shit winds?
http://www.youtube.com/watch?v=q4iDurCE3Yk&feature=related
Rabbit turd? Spam? ... not money?
Will he say 'time to get the fiat-paper-throwing helicopter out' ?
God I hate listening to droning politicians.
Then why do you listen?
I'm a masochist.
Clever. Enjoy.
Like listening to some fucking party crasher reading aloud from the phone book.
..only the party crasher is more interesting and is not lying when their lips move
this is like watching two gangs of hardened fraudsters try to legitimise their crooked operations live in public ..Kabuki Theatre with a cast of nothing but parasite criminals
Politicians are elected. Benny boy was annointed.
even the politicians are 'annointed' ...hand selected by big corporate interests to fund their campaigns ..there's no such thing as a free lunch, there's also not a single politician that is a 'Man of the People' ...they're all hired and payrolled snakeoil salesmen
These people are fucking idiots.
Suck satan's cock, Bob Casey. You're a fucking tool.
A Jesuit tool ... so satan's cock is his favourite.
Gold is money, DEVALUING money that is
You do know that your empty platitudes are just ignored, right?
Then drop those ingots, butter fingers, gtf outta the way for the strong hands to catch 'em. get your weak hands off my gold, mother fucker, weak hands!!! Weak hands!!!
Bernanke has more grey hair, than he previously did.
How long will this hearing last? I want to throw some shorts in and go to sleep. :)
it lasts as long as the script they've all been given to act out is finished
what a pathetic display from an entire room of monopolists parasites ..integrity was shut out of the proceedings i hear
Good to hear the non-existant inflation is now coming down again.
Fucking Dog and Pony Show..
this is face time for your elected offcials! look how hard they are working!
they really do care about you, who live on the outside of thier gated communities! LOL!!
THEY ALL HAVE TO GO!
JW, you're right. But just like with other lawyers, people hate the class, but think "their guy" is good. We need to pound this message home till people "get it". Your guy ain't good either, get rid of them all, and do it over and over. Because when its just once, the new guy will claim a mandate instead of the more honest realization that he only got in so as to get the other guy tossed out. What psychos -- always willing to believe the best - about themselves. According to them, we can't live without them.
Vanity that huge is rare among the rest of us - most of us would be ashamed.
Bernie Sanders, is an only jew that is on our side. All other jews (lots of them) in the government are betrayers!
I like how the Bernanke has divorced himself from this disasterous world economy, his PHD thesis of money printing to save all, and has left the equity markets and all those "Money Printing" bashers drooling for more.
I have a new found respect for the Bernanke, and hope he continues to do nothing and bake and fry all those people that have been poking fun at him.
He is truely in the cat birds seat. Europe is shitting its pants for dollars, the PM's are happy they are not going down after getting pummeled, the dollar is up, China is crying about maybe having to float their currency, and he gets to say to everyone in the world..."money printing?...You want me to print more money?..can you all say please...Pretty please...pretty please with a cherry on top..."
I hope he tells them all to kiss his ass and call him next quarter.
The Bernanke is the dollar king.
Long live the dollar king
Like a pusher with rocks of crack.
the Euros have to hate this asshole. And Timmy, too.
I am truely sorry zerohedge mouseskitleers..
As the truth always hurts.
when you're printing counterfeit wealth and bailing out the fraudsters of Wall Street and national sewer system of Congress with it how would you ever imagine Benny has any handle on the truth mate?
"Sen. Casey said more fiscal action may be needed".
Translation: 'more gasoline on the fire'.
Gang r***.
http://www.youtube.com/watch?v=Dyh5v_GizaY
This taken from the comments section of the video"
"Gang rape must not be so bad. I hear 9 out of 10 people actually enjoy it."
He may believe it's needed, but it ain't comin'.
No way they vote another bailout package going into this election with a House dominated by tea-party dolts and every other member of Congress craping their drawers about their own re-election propects a year from now. A vote for more stimulus at this point is an invitation to be challenged in your district by someone from the far right.
If there is more "stimulus", it will have to come from the FED, and that won't go down easily, either.....but go down it will, by God, if that's what the puppet masters call for.
PRICE STABILITY, Bitchez. Or let me translate that for you, "FIRST BY INFALTION, THEN BY DEFLATION, PEASANTS". :)
Everyone remains deeply concerned about 2008's insolvent banks.
That doesn't sound good for us slaps out here.
Welcome to the Recovery: NYT by Timothy Geithner.
http://www.nytimes.com/2010/08/03/opinion/03geithner.html
Mitigate moral hazard?
I must need to google mitigate.
Mitigate, instigate, promulgate, profligate,...
Jesus... The QE3 rumors are working already... We just entered bear country.
I understand this bear market. The EFSF must be individually approved by 17 countries before 10/17 voting. Next week several piss ant size countries (Malta, Slovakia and the Netherlands) will bitch in public making the EU look weak. In the US we have Uncle Ben who reports to no one and can create trillions of credit before coffee in the morning. So the hedge funds attack the EU and spread rumors and then buy the US dollar and Treasuries (the really weak credit w/o risk). The market will continue going down until something big is announced to eliminate the control a few small economies have over the process. Maybe Uncle Ben will hint about QE3 today.
Should be arrested and executed for treason.
In the long term we all print.
Has the GOTUS (Guillotine Of The United States) been rolled onto the national mall yet?
Countdown to first Fukushima reference...
bernanke wont print until the people beg him to. he will let major banks fail or impose withdrawal restrictions. He will let depositors lose money or have restricted access to their funds. Only when the people beg him to print will he print
+1 Comay
First deflation then hyperinflation
"Our linen is of the finest quality, our ink is made in America, by Americans, FROM recycled middle class Americans we squeezed to death...."
The Federal reserve notes are printed on human skin
"Soylent Greenbacks"
Over/under on "this time, however"?
Blahblahblah.
He looks very tired. Maybe he has to solve a lot of problems behind the scenes...
Solve?!
he is truely worried about us and wants to try and help us..............
The Bernank cries for us in his Oysters Rockefeller every lunch.
Who on earth wants to listen to any more of the lies that this SATANic Monster utters?
Oh sure, I'm going to use my limited time on this earth watching a lying douchebag in the employ of the International Jewish Concordiat when I could instead be inventing the next Birthday Cake Candle Spittle Shield.
Riiiight.
KBN
He's really trying to control his quavery voice. As a grifter, he's not so good.
<OT>Did an algo get ahold of TNA?</OT>
QE3 annoced, lets party.
And remember , no sex after marriage.
http://www.youtube.com/watch?v=osQMG9f0HC0
Transitory! Take another shot!
There once was a boy named Bennie.
In PHd circles his accolades were many.
Unfortunately for common folk, his policies were a cruel joke.
He continued to print as if HE owned the mint.
The banksters didn't give a flip as they all had cash on their hip.
But when it all crashes down we'll be rid of this clown.
Ben tells Congress the 4 keys to "fiscal sustainability"
1. "Congress must stop budget deficits"... wasn't Ben the only global retard stupid enough to fund their deficit spending???
...after that I was laughing so hard i missed the other 3 pieces of advise from Doctor Heroin Funder!!!
blah blah blah... "Market Rallies on iPhone 5 Release - Cupertino, CA. The Dow Jones Industrial Average was able to shake off a rocky opening to closer higher on the release of the iPhone5 and the availability of the iPhone on the Sprint Network"....
Happy iPhone5 Day everyone!
Now he's saying inflation is coming down. The dick would never admit to inflation before, even though that's what he wants!
What he is actually saying is that their is less consumption due to a variety of a factors, not the least of which is less consumer products/variety coming in from China. My daughter-in-law has noticed this when she goes to purchase costume jewelry or items for her home.
Time to end welfare and get the factories in America producing. Anything wrong with that?
Sell, Sell, SELL! Sell, Sell, SELL! Sell, Sell, SELL! Sell, Sell, SELL! Sell, Sell, SELL! Sell, Sell, SELL! Sell, Sell, SELL!
Monetary policy in not a panacea. :)))
Annnnnnnnnd - nuthin.
for the bernank, an[sic] joo on xmas:
http://www.youtube.com/watch?v=EP1gNYU27Tk
Bob Casey is a fuck!
I am not even going towatch, Bernanke makes me squirm at the best of times the guy is a total whore/gimp for bankers
a f*cking disgrace to the humna race and should be executed immediatley.
seems like getting a PHD is economics is a piece of cake you just have to be able toi click the big print button
what a tool. If ANYONE puts up wuth more talk of QE they are retarded beyond belief. QE 1 and 2 just made things worse
how much more evidence do they need that Keynesian bullshit does n ot work
I am not even watching this, yet I am thinking "We elected THESE people, who in turn appoint THOSE people??? We're fucked".
Fed's Bernanke says Fed ready to do more
Hasn't he meddled enough already! He is even more of a fool that I thought possible
Fed's Bernanke says inflation expectations stable
On the planet gaga that he inhabits
I have been lying to you, we are purposely attempting to take every dollar from every American, because you are nothing more than collateral on past debts, and we are collecting...said Ben Bernanke...
Just walk away from this crime scene Ben.
Just walk away.
Turn the mike down towards the table, take one last swig off that bottle of water and walk away.
Let them call you. Let them call you and beg for more.
Prostitutes.
we don't need the fed or the joo banksters on wall street. fuck them, those thieves have done enough damage already.
http://www.youtube.com/watch?v=yQN5-FtvjfA&feature=related
This idiot politicans prefer to hear themself talking... self marketing, at least they think so. What a clown show.
The guy's a techno conformicrat frantically pulling levers and pushing buttons without any sense of moral underpinning. An empty academic. Started to get a chubby when he mentioned government causing part of the malaise . . . but then he blames their downsizing as being a drag on employment and consumer spending. Are you kidding me? One look at him and the panel of fools at the front of the room . . . and you can come away with only one conclusion: we're doomed.
http://www.youtube.com/watch?v=B96fZax0-6k
Bernake says China's currency manipulation is blocking the Global recovery...
Oh my goodness me, what a complete madman and he hasn't even got one brain cell
My fellow Americans, I'm pleased to tell you today that I've signed legislation that will outlaw a weak yuan forever. We begin hyper-inflating in five minutes.
<golf clap>
Same story for the last seven - eight - nine - fuck it, same story for 15 years. Why doesn't he just blame ARod already.
QE4 announced. Another $5t in taxpayer's money set to be handed over to the ultra-wealthy! It will surely fix the economy this time!
Bern: I don't have any of the numbers that I should have expected to provide on unemployment, but I can say without all certainty, that it is the Chinese and Europeans who are responsible.
"Fiscal policy is of critical importance.. but is not a panacea"
printing counterfeit wealth (socialised theft and fraud window-dressed as a Central Banking institution) should be a criminal offence Dr 'heroin junky' Bernanke
I believe that what he said was "Monetary policy is not a panacea". And its interesting that this quote has not been noted by Bloomberg or CNBC. My take is that he's admitting QE was fruitless and only caused a spirit dampening inflation surge which may even have taken the wind out of the sails of the recovery. Sorry MSM I know its not what you want to hear. You should have gone to cash when the Chairman finally admitted that inflation was not "Transitory" any longer. I think the market peaked a couple of days after that.
I didn't think I could hate these people more and once again I was wrong.
King Lear: things can ALWAYS get worse.
and apparenlty clothes do make the man
now when do we get to the part of the play with all the killing?
racer
yes more
he is willing to press the nuke buttoin thats what he means
how can he do more than destroy the world with Nukes
The only thing he needs to do is drink through a straw for the rtest of his short life
racer
yes more
he is willing to press the nuke buttoin thats what he means
how can he do more than destroy the world with Nukes
The only thing he needs to do is drink through a straw for the rtest of his short life
Martin Armstrong:
Clearly, MONEY is NOT and never has been a store of value. It is ONLY
a medium of exchange.
http://www.inflateordie.com/files/Reserve%20Currency%2010-02-2011.pdf
Biden: Who the F**k is Van Jones?
http://www.schnittshow.com/cc-common/news/sections/newsarticle.html?feed=124415&article=9202056&65
bob casey....look at that fucking hair do..what the fuck you fucking retard. you don't realise how fucking retarded you look. you should just shoot your self and get it over with as are to retarded to exsist.
Swap lines, bitchez. QE has become illegal. :(
YOU LIE !
There is a boy named Bennie. He was not only good at "Twist" he is soon to showcase his "Cha Cha"...to thrill the masses. Yippe!! We are saved.
Sanders may say something honest....stay tuned
Go Bernie.
well he got Ben to admit he has no plans to give $1 to main street/small business
Flat out!
Bernanke: "No; fuck main street, sorry. Next question."
...Fuck Ben Bernanke. A rope would look awfully good with a rope wrapped around his neck.
I would love to be the guy to set the knot.
Bernanke looks worn out...
Oldmen lemon party does that to you. Obama has started growing grey hair as well, after being briefed on Area 51, child sacrifices and the contents of Fort Knox.
You gotta love Bernie questioning Stutterfuck Bernak
BERNIE SANDERS!!! Damn... I like this guy. (Independant Senator - Vermont)
the only unofficially communist member
and I recall he was the mofo who gutted Ron Paul's fed audit legislation
www.youtube.com/watch?v=BTjuZAQjj-0
Hmmm unaware of that - thx for the link.
The economy will never work for paper money as long as the banks and the government are getting it for free from the printing press. Bernanke can say or do whatever he wants. The fact that people are being asked to work like slaves for worthless pieces of paper is the problem. We might as well be working for mining scrip or food ration coupons.