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Watch Ben Bernanke's Press Conference Live
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.
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Who's that Heidelberg? You tried it out yet? [wink]
At least he's being uncertain with a straight face.
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"
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
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....
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.
Bernanke's arrogant intellecutal. If we disagree with him, then we are ones ignorant.
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.
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.
He IS printing to be evil
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.
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
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"
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.
We all know that Steve LIESman was only in attendance for the donuts.
#CNBSC&BartonBiggs > Tebow
He wants us to believe our economy has been saved because of him. End thought.
Ben Shalow Beardbank
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.
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.
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.....
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.
/sarc
There I fixed it for you
He's fuckin clueless.
"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
Will someone please replay a tape of this and count how many times he said UMM
ALL of these statements are an admission that the Fed, gov't, and banks CONTROL our free market capitalist society.
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
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.
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.
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).
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?
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.
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.
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!)
"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."
LIESman up first and makes it political... Excellent!! Next!
And the Bernak gave the proper answer but forgot to end it with ASSHOLE!!
douchebagAn 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.
Is the esteemed Chairman Jewish?
Nahhh!! Not with a name like Benjamin Shalom Bernank! Full blooded Irishman!
Betcha Mrs. Bernak calls him "O'Ben".
Confusing.
I understand.
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.
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.
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!".
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.
We need Jew in oil industry. How come only Christian in America BIG OIL?
BIG OIL is dirty. BIG FINANCE is kosher.
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.
Every child molester has a mustache... but not everyone with a mustache is a child molestor
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.
It's actually "Ben Shalom"; you stupid fuck.
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.
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.
one easy way to tell if bernanke is lying ... watch his lips quiver.
..........and Liesman gets question #1, what a fukin douche-bag!!!!
CNBC's Man from the Fed. I wonder if he's gonna get caught up in the Corzine, CNBC mess?
Who said it? " if there is going to be an opposition we will control it"
Seriously, People know when hes lying. If he wants this ponzi to continue i would recommend no speeches.
"one easy way to tell if bernanke is lying ... watch his lips move."
There, FTFY :)
And here is the bullshitter in chief...Shakey McShakes.
Great to have you back in " Full Force' , Mc Shakey is priceless...
"And is in essence anyhow a self-correcting mechnism whereby more of the little fuckers will starve to death as food prices inflate."
For the history buffs, this translates as: "Let them eat cake" (sophisticated diets relative to bread)
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.
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.
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?
Edit: Type error. Should say "developing nations".
"So we will keep inflating the world economy until the fears of inflation are not overstated."
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!
"Downside risks remain". the loophole for the ages.
Quatch!
And cue the government provocateur trolls calling for someone to "whack" Benocide, in 3,2,1...
Sounds like a provocation. Dickweed.
That's deep. Vaginagrass.
now that is eye watering funny. "Vaginagrass"...classic! you're my new hero HGR.
Killed it. Still laughing
much obliged
Feed him to the Nile crocs at the National Zoo in D.C.
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.
Somebody unelected has to be the fall-guy. Other than his partner in crime Timmah, can you think of one better?
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.
Inflation < 2%!
Everything is going to be fine as per Bernanke. Economic recovery ongoing. Unemployment down. Bernanke is never wrong.
His tie is crooked.
So are all his fucking cronies. Go figure.
No, it's on straight. Optical illusion.
The person wearing it is crooked.
That's the problem.
+ 1 just wanted to say: I voted.
Demonstrating his tendency is to hang to the right
Isn't there a "shenanke"? You know, behind every great man....
.
"ASSumming all else equal..."; let us also assume that Ben does not have a properly functioning brain cell.
So utterly full of shit.
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?
His sex life, most likely.
Jeebuz, someone give him a bottle of water. He's giving me cotton mouth.
Haha...everyone knows there is no Jeebuz.
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.
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.
You're forgetting he's an "economic historian." Backwards is the only direction he knows to look.
Ben; you are 'frustratingly slow' as well.
It's the anti-anxiety medication.
I'd rather stick needles in my eyes.
The party believes next year's grain ration will be adequate.
Better than expected!
pods
He has that Gorbatjov-stain on his head. Cool!
That's from where Mrs. Bernak hit him on the head trying to get his attention... Mind wanders....
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.
And yet he says that there were no "earthquakes. hurricanes or meltdowns recently"
See it's all transitory.
Bitchez.
Asshole
No need to hold back, tell us how you really feel.
well 'least he dont use a teleprompter
me applying the 'if you cant say sumpin nice keep yer piehole shut' maxim
Dear daddy...
Committee forcasted inflation rates permit a QE3 only in 2012 decliining below 2% only in 2012. Sorry bulls. No Santa rally this year.
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.
Liesman
he is the financials worlds "newman"
no no no printing money doesnt create inflation. I'm a phd economist
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.
liceman is such a fuck.
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....
Sure, we're all screwed right now, but Graybeard McLipquiver assures us he sees signs of improvement over the next several hundred quarters.
can someone please just stand up and throw a bag of hot steaming shit in this guy's face?
That's so Funny. Feel exactly the same way.
I'll be glad to pick up the tab.
That could totally redefine the "Brown Bag Lunch." Or maybe a Brown Bag Launch?
OT:
Put/call ratio today on the XRT=34.61
And Goldman chose to upgrade UA today. Goldman now = Longbow?
I don't see it on the cartoon channel. Maybe there is a mistake.
And now, please welcome your FED chairman, Shakey McLipquiver!
Shakey McPuckerschfincter?
Shakey McShitLipper
You made milk come out of my nose!! LOL
Consider yourselves lucky that you got a brief glimpse of Lies man.
Now Liesman takes his position, under the podium.
did I hear Bernank tell lice to f off
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.
Christ, he says "price stabeeleeteee" more than Trichet. I sense a drinking game sequel approaching.
aren't they monitoring Fed chatter now? we're all gonna be audited....
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)
HELO [ http://en.wikipedia.org/wiki/Helicopter ], Ben should do (CHAPSTICK), commercials! Those qqq-ivering lips are priceless!
Ben is not worried , he has 2 tickets for Israel and a Oz of good weed , in his top dresser drawer
"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.
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.
Price stability ........after all this volatitlity with huge crashes......BEN will be laughing heartily in his bed room after this conference
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!
"bailing out the banks fixed THAT economy but we are now of concerned with the CURRENT economy"
WTF
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.
"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.
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.
When the Collapse Of Western Civilization movie is made, I vote for William H Macy to play the Chairsatan, Fargo style.
But wasn't Buscemi the one who was fed into the wood chipper?