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Watch Ben Bernanke's Press Conference Live

Tyler Durden's picture




 

 

Ready to be disappointed by the Chairman announcing a whole lot of nothing, but doing it in a very Greenspanesque manner? Here it is: the live webcast from the Bernanke press conference which is about to begin.

Live broadcast by Ustream

 

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Wed, 11/02/2011 - 14:19 | 1837768 GeneMarchbanks
GeneMarchbanks's picture

Who's that Heidelberg? You tried it out yet? [wink]

Wed, 11/02/2011 - 14:20 | 1837783 knukles
knukles's picture

At least he's being uncertain with a straight face.

Wed, 11/02/2011 - 14:25 | 1837827 gangland
gangland's picture

 

Ben "upper lip and voice quiver poker face" the Bernank ? BTFD

 

"the prices of women's skirts & icrap has gone down while food and energy have gone up , so the kkkommeetteee see's inflation subdued and transitory untill 2014"

 

ZEEE PRICE STABEELEETEEEEE

" this isnt the inflation you were looking for"

 

"all your MBS are blong to us"

 

"Come with me if you want to live"

 

 

Wed, 11/02/2011 - 14:26 | 1837835 gangland
gangland's picture

 

the veined penis steve LIESman why do they insist on dressing his fat ass in blue w a red tie he looks like a dick

Wed, 11/02/2011 - 14:31 | 1837879 gangland
gangland's picture

 

unreal question "is the fed part of the problem?"

the chair satan: " I think the concerns about the fed are based on misconceptions, what we were doing was trying to prevent a collapse of the financial system and the american economy"

we were doing g-d's workHAHAHAHAHAHAH  has dry mouth!!!!!!    HAHAHAHAAHAHAHAHAHA to eternity....

Wed, 11/02/2011 - 14:38 | 1837907 dwdollar
dwdollar's picture

Bernanke just doesn't get it. No, jackass, THE FED IS THE PROBLEM. The fact is you bailed out the bankers and their fat salaries. Period. Yes, there would have been a deflationary depression, but those fucking bankers would be out on the street with everyone else, thus the income inequality gap would be much narrower now. In other words, you fucking Jew, the pain must be shared equally.

Wed, 11/02/2011 - 14:39 | 1837932 whstlblwr
whstlblwr's picture

Bernanke's arrogant intellecutal. If we disagree with him, then we are ones ignorant.

Wed, 11/02/2011 - 14:41 | 1837949 Fish Gone Bad
Fish Gone Bad's picture

So much money has been wasted.  Just like China, throwing money away.  It doesn't take an intellectual giant to do that.  Bernanke is a clown.

Wed, 11/02/2011 - 14:43 | 1837958 whstlblwr
whstlblwr's picture

Agree, but he thinks he knows more than everyone else. He's not printing to be evil, but he believes it's right thing to do. If we disagree, we are ones who don't understand. It's what makes him more dangerous.

Wed, 11/02/2011 - 14:53 | 1838020 toothpicker
toothpicker's picture

He IS printing to be evil

Wed, 11/02/2011 - 16:45 | 1838572 Sam Clemons
Sam Clemons's picture

When you control everything, its very easy to create the problem, and then roll out the solution and pretend to be savior.  I expect the next Fed induced crisis to have the same outcome.  The gold backed solution will have the same people running it.

Wed, 11/02/2011 - 14:58 | 1838038 gangland
gangland's picture

 

pffft you need a phd from chicago dude lse havad blahhh yale blahhhh i counter with randal wrey, mike hudson &  especially bill black, all 3 at umkc  /s ;) neo-chartalists

Wed, 11/02/2011 - 15:05 | 1838075 gangland
gangland's picture

 

catherine from bankrate.com (smokey voice) : "does operation Twist Work?"

 

the chair satan: "We know savers, bank's net interest margins, & pension funds are pissed, the response is a greater good which is PD churn profits, and so we belive that we will continue to force feed you equities, after all there's wood chips in lays potatoe chips"

Wed, 11/02/2011 - 15:19 | 1838146 derek_vineyard
derek_vineyard's picture

Can any of you dudes remember what a non ZIRP environment is?  These are epic times and ZIRP/neg real rates are the symptom.  Shit, the blonde chick on CNBC just said 'you guys are smoking the hopium'.  She must be a ZHer. 

 

Hey blonde chick if you read this, post your phone number.

Wed, 11/02/2011 - 15:51 | 1838320 TruthInSunshine
TruthInSunshine's picture

We all know that Steve LIESman was only in attendance for the donuts.

#CNBSC&BartonBiggs > Tebow

Wed, 11/02/2011 - 14:54 | 1838023 rubearish10
rubearish10's picture

He wants us to believe our economy has been saved because of him. End thought.

Wed, 11/02/2011 - 15:45 | 1838284 Executioner
Executioner's picture

Ben Shalow Beardbank

Wed, 11/02/2011 - 15:04 | 1838081 Goldmanite
Goldmanite's picture

I think Ben Bernanke has been pretty straightforward and has done everything in his power to boost the recovery. While people like you want things to collapse, I want people to prosper.

Wed, 11/02/2011 - 15:08 | 1838104 whstlblwr
whstlblwr's picture

How will things prosper when failed business propped up by taxpayer and it costs us with gas and food prices?

Gas and food would be half price now or more without Fed printing money.

Wed, 11/02/2011 - 15:12 | 1838126 Goldmanite
Goldmanite's picture

Americans need to learn that they are not the only one's who eat, drive and produce in the world. We live on a strain resource environment.

Inflation while is a bit high, is not the hyperinflation some of you dream.....

Wed, 11/02/2011 - 15:37 | 1838151 whstlblwr
whstlblwr's picture

And you obviously don't pay for your food.

The Fed likes to blame limited resource for high price, but it's smoke and mirrors and no one fooled by this argument except Fed who thinks people fooled. Without excess liquidity provided by Fed, dollar wouldn't die to cause inflation.

Wed, 11/02/2011 - 15:44 | 1838281 12ToothAssassin
12ToothAssassin's picture

/sarc

 

There I fixed it for you

Wed, 11/02/2011 - 14:39 | 1837935 Divided States ...
Divided States of America's picture

He's fuckin clueless.

Wed, 11/02/2011 - 14:47 | 1837967 gangland
gangland's picture

 

"It was bad luck!" - Big Ben

 

Question "what is your mandate , why are doing what youre doing, do you have any credibility?"

 

The chair bernank: "it's the banks fault, tight credit standards, the tresury churn net under my chopper hasnt resolved deflation"

 

ZEE PRICE STABEELEETEEE

Wed, 11/02/2011 - 14:56 | 1838036 Tramp Stamper
Tramp Stamper's picture

Will someone please replay a tape of this and count  how many times he said UMM

 

Wed, 11/02/2011 - 14:47 | 1837981 nope-1004
nope-1004's picture

We saved the economy.

Without our efforts, we'd be in a bigger ditch than now.

Most people dont' understand the severity of not intervening as we did in 2008.

 

ALL of these statements are an admission that the Fed, gov't, and banks CONTROL our free market capitalist society.

Wed, 11/02/2011 - 14:51 | 1838009 johnnymustardseed
johnnymustardseed's picture

ALL of these statements are an admission that the Fed, gov't, and banks CONTROL our free market capitalist society.

Sorry, it should be obvious that capitalism has failed..... chaos is up next

Wed, 11/02/2011 - 14:57 | 1838043 Raskolnikoff
Raskolnikoff's picture

we would have capitalism if we didn't have the Fed, but since we do have the Fed, we don't have capitalism and thus it isn't capitalism that failed.

Wed, 11/02/2011 - 16:41 | 1838276 GoinFawr
GoinFawr's picture

It was outlined centuries ago exactly how capitalism concentrates wealth/power, and in fact its demise is unfolding pretty much precisely as illustrated.

Unfortunately the suggested solutions unrealistically hinged on the absence of a group of ignoble traits prevalent in a certain percentage of human beings regardless of political ideology: greed, ruthless self interest, sociopathy, psychopathy.  Which just so happen to be the same distinguishing features prized by the pack of Berks that are currently laying waste to capitalism; go figure.

Wed, 11/02/2011 - 17:12 | 1838677 buyingsterling
buyingsterling's picture

Wrong - Marx didn't write about derivatives, and central banking was part of _his_ philosophy, I'd like to see a quote from Marx about how capitalism will lead to fiat currency, which will in turn destroy it.

As for the concentration of wealth - how about the concentration of trophies in the hands of the best athletes? A level playing field will always see the concentration of achievement (but also the broadest level of success for the most people).

Wed, 11/02/2011 - 23:31 | 1838919 GoinFawr
GoinFawr's picture

Heh, he didn't write about Mooncheese either, but that's not stopping anyone from bundling it, slapping a triple A rating on a CDO of it and then marketing it to unsuspecting pension fund managers now is it?  You'd like to see the what now? Fiat currencies existed long before Marx; money is a tool, not an ideology.

Sure, a level playing field. I think you may have missed my point?

Wed, 11/02/2011 - 15:00 | 1838062 whstlblwr
whstlblwr's picture

Just this morning intervention in stock market proves they have tight grip.

Put your faith in government controlled financial market. We will support you, there is nothing to worry about (play peaceful music in bacground as read this)

We need class action lawsuit against SEC for collusion and fraud.

Wed, 11/02/2011 - 14:59 | 1838056 realitybiter
realitybiter's picture

AND

 

most importantly, the issues which created the systemic collapse would have had the light of day shone on them and they would have been removed.  Yes, folks would now be subjected to criminal trial because crimes would have been revealed.  Yes, there would have been economic disruption.

 

But the f-ing sun would rise, grass would grow, and life would go on.....just without jackasses like Jon Corzine running around buttfucking the pooch.

 

This nonsense that the Fed had to save the system so the system could work is a complete departure of what the original mandate was.....the Fed is the lender of the last resort....NOT the lender to the lender of last resort.  Big freaking difference.  Unfortunately, our retarded society can't figure this one out.  SO they are completely complacent in accepting Ben Shalom's BS as he robs them.  Pull your freakin heads out.

Wed, 11/02/2011 - 14:57 | 1838046 Ripped Chunk
Ripped Chunk's picture

Because he is a dick. And a hack.

The grand facade that they had sustained for decades and finally lost control of 3 years ago is about to crash in spectacular fashion. Once again, little people eat shit.

This is why they chose Benny for the job. He knew going in he would be the stooge eventually. Greenspan should be crucified in a public ceremony ($79.95 on PPV!)

Wed, 11/02/2011 - 14:58 | 1838050 fonestar
fonestar's picture

"We have policy tools in case we need them, but I am pretending to be scared of Rick Perry because he is pretending to sound like Ron Paul."

Wed, 11/02/2011 - 14:26 | 1837837 AbelCatalyst
AbelCatalyst's picture

LIESman up first and makes it political...  Excellent!!  Next!

Wed, 11/02/2011 - 14:30 | 1837868 Translational Lift
Translational Lift's picture

And the Bernak gave the proper answer but forgot to end it with  ASSHOLE!!

Wed, 11/02/2011 - 19:59 | 1839246 Bruin4
Bruin4's picture

 

 

douchebag  

    An individual who has an over-inflated sense of self worth, compounded by a low level of intellegence, behaving ridiculously in front of colleagues with no sense of how moronic he appears. 
Wed, 11/02/2011 - 14:28 | 1837856 Clueless Economist
Clueless Economist's picture

Is the esteemed Chairman Jewish?

Wed, 11/02/2011 - 14:33 | 1837894 SheepDog-One
SheepDog-One's picture

Nahhh!! Not with a name like Benjamin Shalom Bernank! Full blooded Irishman!

Wed, 11/02/2011 - 14:38 | 1837925 knukles
knukles's picture

Betcha Mrs. Bernak calls him "O'Ben".
Confusing. 
I understand.

Wed, 11/02/2011 - 15:31 | 1837938 whstlblwr
whstlblwr's picture

Are you Jew too? Help us distract from issue. And it's help to discredit ZH for MSM. We (wife) notice in past that criticism of BIG MEDIA equal more racists on ZH.

Wed, 11/02/2011 - 16:08 | 1838393 object_orient
object_orient's picture

What do you have against articles (of the definite, indefinite variety)? Your comments are usually pretty insightful but why the gimmick? Does everyone on ZH need a gimmick? Sheesh.

Wed, 11/02/2011 - 16:10 | 1838399 Use of Weapons
Use of Weapons's picture

The relentless churning of old racist memes actually keeps ZH somewhat safer than you'd expect - nutjobs on the intarweb, when they bring in the dough, are not only tolerated, they are encouraged.

 

The principle is called "Plausible Deniability". i.e. "What, m'lud? No, I was running a whacky comedy site to pander to the tinfoil wearing loons of the intarweb! How dare you suggest that anything I said wasn't satire - look at the comments section!".

Wed, 11/02/2011 - 15:19 | 1838157 realitybiter
realitybiter's picture

I have many friends that are cool as hell and are also Jewish.  I love them.

But my mind is confused when I realize that I live in a society that goes full retard to make sure that there is diversity everywhere.....yet for some odd reason jews are horribly over-represented in banking and the regulation of banking. There are only 18 million world wide...yet somehow...Geithner, Rubin, Greenspan, Leavitt, Blankfein, shall I go on??? 

This is not anti-semitic, it is a recognition and celebration of diversity. Where's Jesse Jackson?  Or the Nuns?  They always seem to show up to right this wrong....  Oh, I forgot.  If you criticize anything regarding a situation involving a Jew you are automatically moved to the Hitler column.  Their hair could be on fire and you could comment on such and of course, you were being a neo Nazi...not just being a cool bud, "uh, dude, your hair's on fire...."  

"anti-semite!"  "ahhhhhhhhhhh!!"

I am all for getting some asians, blacks, and non-jewish women in banking....just to balance it out, a little.  

 

Gosh, we tried that back in the 90's...only Rubin, Summers, and Greenspan "shut that non-Jew bitch up!"

Yeah they showed her.  And us. 

Maybe that was Brooksley Born's problem....not jewish.  I am sure if she were, we would have all heard about the "persecution" when she got rebuffed.....

top of her Stanford Law Class.  Dead Nuts on regarding the OTC derivatives, CDS....yet three powerful banking Jews gave her the boot.  Bill Clinton was too much a pussy to tell them where to go....(which is surprising because she was kinda hot...but smart, not Bill's fav)...

Now who is really persecuted? That's right.   Us.

 

 

 

Wed, 11/02/2011 - 15:26 | 1838192 whstlblwr
whstlblwr's picture

We need Jew in oil industry. How come only Christian in America BIG OIL?

Wed, 11/02/2011 - 16:33 | 1838517 walküre
walküre's picture

BIG OIL is dirty. BIG FINANCE is kosher.

Wed, 11/02/2011 - 17:00 | 1838630 Messianic
Messianic's picture

Historically, Jews have always been the bankers - partly because Christians banned usury and Muslims likewise banned riba.

 

But the whole problem isn't jewish or whatever - the problem is individuals allowing governments or entities given special privileges to control the money.

Wed, 11/02/2011 - 17:10 | 1838670 GFKjunior
GFKjunior's picture

Every child molester has a mustache... but not everyone with a mustache is a child molestor

Wed, 11/02/2011 - 19:30 | 1839149 dolph9
dolph9's picture

America now has too many disparate groups to function as a whole.

We are incredibly divided by race and class.  Middle and working class citizens are being screwed now to support all manner of parasites:  Jew financiers, crony oligarchs, illegal Mexicans, section 8 and food stamp niggers, the diseased and demented and the healthcare complex which refuses to let them die, the defense contractors and their phony wars.  The list is endless.

Slowly but surely, month by month, year by year, the parasites are killing the host.

Thu, 11/03/2011 - 01:28 | 1839941 e_goldstein
e_goldstein's picture

It's actually "Ben Shalom"; you stupid fuck.

Wed, 11/02/2011 - 14:35 | 1837908 whstlblwr
whstlblwr's picture

Oh, it's troll with question to distract.

You are now obvious example to all those who want to hate Jews that Jew used as way to distract from real issue.

Wed, 11/02/2011 - 15:25 | 1838179 Chief KnocAHoma
Chief KnocAHoma's picture

This is not nearly as interesting as the interview Ben did with Barbara Walters:

Barb - "As chairman of the Fed what keeps you up at night?"

Ben - "Well Barb I rarely sleep because I know that one day, the entire human race will discover that the dollar is just bullshit paper backed by the promise to tax the American people into the next stone age."

Barb - "What kind of tree would you be?"

Ben - "You stupid bitch. Didn't you hear what I just said? What do you think they make paper from? Trees! No way I would be a tree. A nuclear bomb maybe, but no way I would ever be a tree."

It is a rare interview, but if you search hard enough you will find it on YouTube.

I am The Chief.

Wed, 11/02/2011 - 14:19 | 1837777 pragmatic hobo
pragmatic hobo's picture

one easy way to tell if bernanke is lying ... watch his lips quiver.

Wed, 11/02/2011 - 14:26 | 1837838 Hippocratic Oaf
Hippocratic Oaf's picture

..........and Liesman gets question #1, what a fukin douche-bag!!!!

Wed, 11/02/2011 - 14:53 | 1838019 optimator
optimator's picture

CNBC's Man from the Fed.  I wonder if he's gonna get caught up in the Corzine, CNBC mess?

Wed, 11/02/2011 - 15:08 | 1838097 SDRII
SDRII's picture

Who said it? " if there is going to be an opposition we will control it"

Wed, 11/02/2011 - 16:02 | 1838372 rickadoh
rickadoh's picture

Seriously, People know when hes lying. If he wants this ponzi to continue i would recommend no speeches.

Wed, 11/02/2011 - 19:00 | 1839076 QB
QB's picture

"one easy way to tell if bernanke is lying ... watch his lips move."

There, FTFY :)

Wed, 11/02/2011 - 14:19 | 1837778 Cdad
Cdad's picture

And here is the bullshitter in chief...Shakey McShakes.

Wed, 11/02/2011 - 15:13 | 1838134 Yen Cross
Yen Cross's picture

 Great to have you back in " Full Force' ,   Mc Shakey is priceless...

Wed, 11/02/2011 - 14:20 | 1837779 nope-1004
nope-1004's picture

 

"Recent concerns and fears of inflation are largely overstated.  Rising food prices in developed nations can largely be attributed to more people seeking more sophisticated diets."

 

- Ben Bernanke, Spring 2011

Wed, 11/02/2011 - 14:21 | 1837799 knukles
knukles's picture

"And is in essence anyhow a self-correcting mechnism whereby more of the little fuckers will starve to death as food prices inflate."   

Wed, 11/02/2011 - 14:24 | 1837816 wisefool
wisefool's picture

For the history buffs, this translates as: "Let them eat cake" (sophisticated diets relative to bread)

Wed, 11/02/2011 - 14:48 | 1837988 pragmatic hobo
pragmatic hobo's picture

i believe the the modern version of "let'em eat cake" is "but ... ipad price is not increasing!" ... does this make bull fucking duddley the modern version of mary anttonette? only if he ends up in guillotin.

Wed, 11/02/2011 - 14:55 | 1838028 wisefool
wisefool's picture

Ehh ... I am sincerely a completely non-violent type. Marie was a child forced into marriage at age 15. France had enourmous debt, and had been run by buerocrats for many years while the nobles (lobbyists) squabled with each other. She did not deserve what she got, and no, the dudes at the fed are not the root cause of this. complicit at best.

Wed, 11/02/2011 - 15:37 | 1838248 pragmatic hobo
pragmatic hobo's picture

of course it really isn't about Marry the person but her cluelessness to reality ... so as you said mary had her excuses ... what's bill dudley's excuse? if the guy is truly cluless and dumb he really shouldn't be running FRBNY?

Wed, 11/02/2011 - 14:24 | 1837819 nope-1004
nope-1004's picture

Edit:  Type error.  Should say "developing nations".

 

Wed, 11/02/2011 - 14:44 | 1837970 MrBoompi
MrBoompi's picture

"So we will keep inflating the world economy until the fears of inflation are not overstated."

Wed, 11/02/2011 - 15:01 | 1838069 Ripped Chunk
Ripped Chunk's picture

Guess the 7 billion population milestone is scaring the oligarchs? Nah! They have planned to stave em' all since the early 1900's

Load your own if ya got the equipment!

Wed, 11/02/2011 - 14:29 | 1837858 Deadpool
Deadpool's picture

"Downside risks remain". the loophole for the ages.

Wed, 11/02/2011 - 15:01 | 1838064 optimator
optimator's picture

Quatch!

Wed, 11/02/2011 - 14:20 | 1837782 Hugh G Rection
Hugh G Rection's picture

And cue the government provocateur trolls calling for someone to "whack" Benocide, in 3,2,1...

Wed, 11/02/2011 - 14:21 | 1837786 wretch
wretch's picture

Sounds like a provocation.  Dickweed.

Wed, 11/02/2011 - 14:26 | 1837840 Hugh G Rection
Hugh G Rection's picture

That's deep. Vaginagrass.

Wed, 11/02/2011 - 14:30 | 1837870 Deadpool
Deadpool's picture

now that is eye watering funny. "Vaginagrass"...classic! you're my new hero HGR.

Wed, 11/02/2011 - 15:03 | 1838079 Ripped Chunk
Ripped Chunk's picture

Killed it. Still laughing

Wed, 11/02/2011 - 15:18 | 1838149 Hugh G Rection
Hugh G Rection's picture

much obliged

Wed, 11/02/2011 - 14:22 | 1837803 Hedgetard55
Hedgetard55's picture

Feed him to the Nile crocs at the National Zoo in D.C.

Wed, 11/02/2011 - 14:23 | 1837805 Cdad
Cdad's picture

Why would anyone need to do that?  Shakey McShakes destroys his credibility every single time he speaks.  He is killing himself, and his time as the US dollar killer is very quickly running out.

Wed, 11/02/2011 - 14:47 | 1837982 NotApplicable
NotApplicable's picture

Somebody unelected has to be the fall-guy. Other than his partner in crime Timmah, can you think of one better?

Wed, 11/02/2011 - 14:24 | 1837820 Conax
Conax's picture

No need for that-

"It is a fearful thing to fall into the hands of the living God." ~ Hebrews 10:31

He'll get his, no doubt at all.

Wed, 11/02/2011 - 14:21 | 1837787 IrritableBowels
IrritableBowels's picture

Inflation < 2%!

Wed, 11/02/2011 - 14:21 | 1837790 Temporalist
Temporalist's picture

Everything is going to be fine as per Bernanke.  Economic recovery ongoing.  Unemployment down.  Bernanke is never wrong.

Wed, 11/02/2011 - 14:21 | 1837793 TeamDepends
TeamDepends's picture

His tie is crooked.

Wed, 11/02/2011 - 14:23 | 1837802 knukles
knukles's picture

So are all his fucking cronies.  Go figure.

Wed, 11/02/2011 - 14:23 | 1837807 Tsar Pointless
Tsar Pointless's picture

No, it's on straight. Optical illusion.

The person wearing it is crooked.

That's the problem.

Wed, 11/02/2011 - 14:26 | 1837832 GeneMarchbanks
GeneMarchbanks's picture

+ 1 just wanted to say: I voted.

Wed, 11/02/2011 - 14:32 | 1837874 haskelslocal
haskelslocal's picture

Demonstrating his tendency is to hang to the right

Wed, 11/02/2011 - 15:02 | 1838071 TeamDepends
TeamDepends's picture

Isn't there a "shenanke"?  You know, behind every great man....

Wed, 11/02/2011 - 14:25 | 1837811 A Lunatic
A Lunatic's picture

.

Wed, 11/02/2011 - 14:22 | 1837794 JSD
JSD's picture

"ASSumming all else equal..."; let us also assume that Ben does not  have a properly functioning brain cell.

Wed, 11/02/2011 - 14:21 | 1837796 metaforge
metaforge's picture

So utterly full of shit.

Wed, 11/02/2011 - 14:33 | 1837885 whthewrld
whthewrld's picture

blah blah blah . . . Liquidity . . . blah blah blah . . . dissatisfied . . . blah blah blah . . . hot air . . . blah blah blah . . . pockets of growth . . . slow movement . . .

Is Bernanke talking about the economy or his bowel movements?

Wed, 11/02/2011 - 14:41 | 1837947 RichardENixon
RichardENixon's picture

His sex life, most likely.

Wed, 11/02/2011 - 14:22 | 1837798 dracos_ghost
dracos_ghost's picture

Jeebuz, someone give him a bottle of water. He's giving me cotton mouth.

Wed, 11/02/2011 - 14:23 | 1837810 Temporalist
Temporalist's picture

Haha...everyone knows there is no Jeebuz.

Wed, 11/02/2011 - 14:22 | 1837801 Roland99
Roland99's picture

wait? what?

he said oil is down from its peak?

Maybe down from the $140/bbl peak a few years ago but, uh, has he looked at crude futures lately?

 

guess one can't see very well with one's head entrenched in one's anus.

 

Wed, 11/02/2011 - 14:25 | 1837823 Cdad
Cdad's picture

has he looked at crude futures lately?

No...Shakey McShakes finds it counter productive to look at actual facts prior to a public address whereby he advances the criminal syndicate Wall Street banker agenda.

Wed, 11/02/2011 - 14:49 | 1838000 NotApplicable
NotApplicable's picture

You're forgetting he's an "economic historian." Backwards is the only direction he knows to look.

Wed, 11/02/2011 - 14:23 | 1837804 JSD
JSD's picture

Ben; you are 'frustratingly slow' as well.

Wed, 11/02/2011 - 14:50 | 1838004 nope-1004
nope-1004's picture

It's the anti-anxiety medication.

 

Wed, 11/02/2011 - 14:23 | 1837808 dexter_morgan
dexter_morgan's picture

I'd rather stick needles in my eyes.

Wed, 11/02/2011 - 14:25 | 1837818 thedrickster
thedrickster's picture

The party believes next year's grain ration will be adequate.

Wed, 11/02/2011 - 14:56 | 1838037 pods
pods's picture

Better than expected!

pods

Wed, 11/02/2011 - 14:25 | 1837821 Matevski
Matevski's picture

He has that Gorbatjov-stain on his head. Cool!

 

Wed, 11/02/2011 - 14:34 | 1837902 knukles
knukles's picture

That's from where Mrs. Bernak hit him on the head trying to get his attention...   Mind wanders....

Wed, 11/02/2011 - 14:41 | 1837906 knukles
knukles's picture

Huh?

"MF Global wasn't under the Spih of the Fsock so there was no reason for there to be a problem..."

No shit...
I feel better now.
O'Benji....  Benji.... Over here, dear.

 

Wed, 11/02/2011 - 14:43 | 1837959 knukles
knukles's picture

And yet he says that there were no "earthquakes. hurricanes or meltdowns recently" 
See it's all transitory.
Bitchez.

Asshole

Wed, 11/02/2011 - 14:47 | 1837984 fuu
fuu's picture

No need to hold back, tell us how you really feel.

Wed, 11/02/2011 - 14:25 | 1837824 sunkeye
sunkeye's picture

well 'least he dont use a teleprompter

me applying the 'if you cant say sumpin nice keep yer piehole shut' maxim

 

Wed, 11/02/2011 - 14:26 | 1837830 IrritableBowels
IrritableBowels's picture

Dear daddy...

 

Wed, 11/02/2011 - 14:26 | 1837833 slaughterer
slaughterer's picture

Committee forcasted inflation rates permit a QE3 only in 2012 decliining below 2% only in 2012.  Sorry bulls.   No Santa rally this year.

Wed, 11/02/2011 - 14:29 | 1837834 thedrickster
thedrickster's picture

Liesman, speaking truth to power. Journalistic integrity, boom.

Bernanke, dismissing the argument by framing it within the confines of a faulty definition. Intellectual honesty, boom.

Wed, 11/02/2011 - 14:27 | 1837839 wang (not verified)
wang's picture

Liesman

Wed, 11/02/2011 - 14:29 | 1837866 smlbizman
smlbizman's picture

he is the financials worlds "newman"

Wed, 11/02/2011 - 14:27 | 1837843 Comay Mierda
Comay Mierda's picture

no no no printing money doesnt create inflation.  I'm a phd economist

Wed, 11/02/2011 - 14:28 | 1837845 the grateful un...
the grateful unemployed's picture

MSM outlet just said the economy is strong, and because it is so strong there is no need for additional QE, and they will keep ZIRP for at least two years (just to make sure I guess). stock market pared its gains, apparently the glass is half empty.

Wed, 11/02/2011 - 14:28 | 1837847 Dr. Engali
Dr. Engali's picture

liceman is such a fuck.

Wed, 11/02/2011 - 14:28 | 1837849 smlbizman
smlbizman's picture

honestly, i cannot tell whats going to happen 5 fucking minutes from now....and this guy can see years into the future but can't see that he is never gotten right yet....i bet ms. cleo's predictions were more accurate....

Wed, 11/02/2011 - 14:31 | 1837877 SheepDog-One
SheepDog-One's picture

Sure, we're all screwed right now, but Graybeard McLipquiver assures us he sees signs of improvement over the next several hundred quarters.

Wed, 11/02/2011 - 14:28 | 1837853 Comay Mierda
Comay Mierda's picture

can someone please just stand up and throw a bag of hot steaming shit in this guy's face?

Wed, 11/02/2011 - 14:44 | 1837965 sdmjake
sdmjake's picture

That's so Funny. Feel exactly the same way.

Wed, 11/02/2011 - 15:01 | 1838067 chunga
chunga's picture

I'll be glad to pick up the tab.

Wed, 11/02/2011 - 15:33 | 1838231 MsCreant
MsCreant's picture

That could totally redefine the "Brown Bag Lunch." Or maybe a Brown Bag Launch?

Wed, 11/02/2011 - 14:29 | 1837860 Cdad
Cdad's picture

OT:

Put/call ratio today on the XRT=34.61

And Goldman chose to upgrade UA today.  Goldman now = Longbow?

Wed, 11/02/2011 - 14:29 | 1837861 vegas
vegas's picture

I don't see it on the cartoon channel. Maybe there is a mistake.

Wed, 11/02/2011 - 14:29 | 1837862 SheepDog-One
SheepDog-One's picture

And now, please welcome your FED chairman, Shakey McLipquiver!

Wed, 11/02/2011 - 14:33 | 1837891 Cdad
Cdad's picture

Shakey McPuckerschfincter?

Wed, 11/02/2011 - 15:02 | 1838076 chunga
chunga's picture

Shakey McShitLipper

Wed, 11/02/2011 - 16:13 | 1838408 rickadoh
rickadoh's picture

You made milk come out of my nose!! LOL

Wed, 11/02/2011 - 14:30 | 1837869 Temporalist
Temporalist's picture

Consider yourselves lucky that you got a brief glimpse of Lies man.

Wed, 11/02/2011 - 14:32 | 1837882 SheepDog-One
SheepDog-One's picture

Now Liesman takes his position, under the podium.

Wed, 11/02/2011 - 14:32 | 1837889 wang (not verified)
wang's picture

did I hear Bernank tell lice to f off

Wed, 11/02/2011 - 14:32 | 1837881 knukles
knukles's picture

Great job if you can get it.  Big salary, pension, dental, per deim allowance, cost of living allowance, armed chauffer, big office, powerful freinds, power broker, make money out of thin air, can screw up anything and nobody'll fire your ass, read the minutes verbatum and call it a speech.
And soft-ball questions prepped by Steve Liesman!
My God! 
OK, I volunteer myself, will even give up my pending personal I was gonna publish in the Enquirer to hook up with Kim Kardashian (no pre-nup needed, Kim) and take his job.  Tough times demand tough choices. 

Wed, 11/02/2011 - 14:32 | 1837883 Gief Gold Plox
Gief Gold Plox's picture

Christ, he says "price stabeeleeteee" more than Trichet. I sense a drinking game sequel approaching.

Wed, 11/02/2011 - 14:32 | 1837884 Deadpool
Deadpool's picture

aren't they monitoring Fed chatter now? we're all gonna be audited....

Wed, 11/02/2011 - 14:53 | 1838015 NotApplicable
NotApplicable's picture

As I've said a thousand times now, Bernanke is the greatest Fed Chairman of all time, bar none!

(there, that should be sufficient to persuade the bots)

Wed, 11/02/2011 - 14:34 | 1837887 Yen Cross
Yen Cross's picture

HELO  [ http://en.wikipedia.org/wiki/Helicopter ], Ben should do (CHAPSTICK), commercials! Those qqq-ivering lips are priceless!

Wed, 11/02/2011 - 14:32 | 1837888 peekcrackers
peekcrackers's picture

Ben is not worried , he has 2 tickets for Israel and a Oz of good weed , in  his top dresser drawer

Wed, 11/02/2011 - 15:05 | 1838091 optimator
optimator's picture

"Two tickets".  Just a joke, the reality is a private jet with enough range to get to the promised land and ability to haul his stash of real gold.

Wed, 11/02/2011 - 14:33 | 1837892 Vincent Vega
Vincent Vega's picture

This is a press conference. The last thing Bennie wants to do is answer any questions or give out any information. He continues to spout the same jiberish he's been spouting since at least 2008.

Wed, 11/02/2011 - 14:33 | 1837893 Tense INDIAN
Tense INDIAN's picture

Price stability ........after all this volatitlity with huge crashes......BEN will be laughing heartily in his bed room after this conference

Wed, 11/02/2011 - 14:58 | 1838049 NotApplicable
NotApplicable's picture

Maybe he means that the rate of change of prices is stable? Or maybe the rate of change in the rate of change of prices is stable? Or at least the absolute value of them? Or maybe the number of digits? I don't know...

There's truth in there somewhere, I swear it!

Wed, 11/02/2011 - 14:34 | 1837895 booboo
booboo's picture

"bailing out the banks fixed THAT economy but we are now of concerned with the CURRENT economy"

WTF

Wed, 11/02/2011 - 15:00 | 1837899 JR
JR's picture

Marshall Stalin never looked this good, presiding over the police state… It’s the Federal Reserve and its control of the world’s currency that enables war without end,  especially the unique American invention, worldwide war on every continent colorfully called the War on Terror.

Quote: "Hotel Guests Will Be Asked to Watch for Terrorists" headlines today’s USA Today – a warning appearing on hotel televisions courtesy of Homeland Security. Then a brief explanation:  "Welcome screens on hotel TVs will show public service announcement from Homeland Security urging guests to be vigilant in their travels."

And who would dispute the descending steps leading to the American police state?

Our politicians ignore the loss of liberty while waving the flag and flashing the war on terror scare, combining this policy with their partner in the Middle East, the state of Israel.

Ah, our leaders: George W. Bush - mentioning the word “evil” in 30 percent of his speeches delivered in the first two years of office – gave us this pearl in his Farewell Address, January 2009:

“…there can be no compromise. Murdering the innocent to advance an ideology is wrong every time, everywhere. Freeing people from oppression and despair is eternally right.”

Translation: In the case of Iraq, you have to kill them to save them.

Wed, 11/02/2011 - 15:43 | 1838270 MsCreant
MsCreant's picture

 "Hotel Guests Will Be Asked to Watch for Terrorists" 

And 

“…there can be no compromise. Murdering the innocent to advance an ideology is wrong every time, everywhere. Freeing people from oppression and despair is eternally right.”

So you are saying that Hotel guests are going to be calling Homeland Security as they watch Bernanke speak?

You can't just lay out a proof like that without also listing your conclusion. Tisk, tisk.

Wed, 11/02/2011 - 16:58 | 1838619 JR
JR's picture

Okay, sorry. Conclusion: We live in a police state.

 So far hotel guests are only treated to the Security warning, unlike the Big Brother novel where Big B doesn’t need your report since he can see YOU through the television set. The true nomenclature here is that the President, the Congress, the television cable network and the Sheraton Hotel are no longer doing the people’s bidding

It is the entity called the Federal Reserve which created a way to govern the country with paper currency that could be manufactured in endless quantities, sufficient to buy the politicians, the military drones, the jet airplanes, the aircraft carrier groups and, yes, the hotels.

And Chairman Bernanke? He’s the man who brings us their message.

By the way, if one should doubt this authority, ask the hotel if your room could be provided with a cable connection that did not have the warning.

Wed, 11/02/2011 - 14:34 | 1837900 Yellowhoard
Yellowhoard's picture

When the Collapse Of Western Civilization movie is made, I vote for William H Macy to play the Chairsatan, Fargo style.

Wed, 11/02/2011 - 14:44 | 1837969 RichardENixon
RichardENixon's picture

But wasn't Buscemi the one who was fed into the wood chipper?

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