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Watch Bernanke's Press Conference Live
Because live is better than dead. And just in case he lets one slip just what his price target for the Russell 2000 (aka the US GDP) is and how much gold the Fed will secretly lease. As a reminder, from Alan Greenspan testimony to Congress in July 1998: "Central banks stand ready to lease gold in increasing quantities should the price rise."
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Watch his lip quiver...lying basturd.
He looks like he's going to crap in his pants...or maybe he already has?
Fractional reserve gold leasing?
His mouth is making too little sense. Me head hurts.
The longer he talks, the higher gold goes. For the first time ever I want him alive and talking.
Clone that sumbitch!
Hmmmm, more than one opportunity to hang him for treason. I like it.
I would ask Bernanke just one question...
"Who do you work for?"
"You are cornered. Your legacy is shot. Find that sacred forest in Japan and do what you've got to do."
Bernanke has not the honor to do such a thing.
While I generally hate using the "F word", has anyone else noticed just how much Bernanke speaks like a complete fag?
It's not just his uncertain, quivering voice and lower lip, but his inflections, his lisp, his weak "L"s, his mincing rhythm of speech --- I can just imagine the clammy, wet-noodle handshake he almost certainly gives, and while I have never seen him walk, I am picturing Nathan Lane in "The Birdcage".
Something tells me that there has been a good deal of "private consultation" between Bawney Fwank and Ben.
The elites at this level are mostly deviant sexual perverts. You are likely correct.
Vee haff veys uff.............
Bernanke and his cabal are the biggest danger to world peace and global stability!
-John
http://www.youtube.com/johnu78
Funny, I just noticed gold closed at $1666 yesterday.
"We cant just lower the funds rate by 0.25% like in the good old days..."
No Shit
Bull shit. He wants to go negative in real terms.
I suppose he didn't mention that US debt/GDP is 100.92% today. That's 35 days after it hit 100%. At that rate it's 120% in roughly 2 years. That's if the GDP stays the same and consitent borrowing rates. The last 35 days might be a bad basis for extrapolation but my bet is still, economy down and spending up so......120% in 18mo? But then again, the wheels could be completely off by then. <insert popcorn comment>
Go long depend's.
The most dangerous man on the planet looks like he's turtling. I would have followed through completely if I was as busted as he is. Best thing you could do Benny boy is throw yourself outta that helicopter of yours...
http://therealasset.co.uk/bernanke-dogma-gold-price/
I hope he stumbles in front of a METRO train.
His voice is always shaking in public event.
He's always had trouble lying with sincerity.
he always seems that way. is he a drinker? i only feel like that when i have a heavy hangover. maybe he should take a xanax or xanor before he does a speech.
Time for helicopter Ben to annouce QE to infinity, again!
http://ericsprott.blogspot.com/
Steve Liesman CNBC can suck my balls
Now there's a fetish I'll never understand!
Not a chance, I would run it by hand till I found some qualified help.
speaking of cnbc....has anyone noticed uncle warren now takes baths with the bloomberg girls...and they have also hooked the sooth sayer of all sooth sayers "big" dick bove.....
and i tried to look up the tropos situation on google this morn....no good...had to use yahoo search to get...strange?
and if you dont know about tropos look it up...
The word on the street is that Bernanke's wife makes his FX trades through Armada Markets. I wonder where does ECB's Monti wife trade.
For his ilk, money is like incest, best kept in the family.
I doubt Armada would accept Bernanke's wife as a client. This is a stand-up company.
Ben "Quavering Falsetto" Bernanke.
Every press conference.
(forward four yrs.) "there he is grab him".
Party like it's 2009!
Jump in, the waters fine.
The Professor Moriarty of financial crime. He will be hiding out in the sewer system of NYC in two more years.
Great idea, cheapest, most effective way to drive the rats out of the sewers of New York.
His voice starts cracking when he knows he is lying about inflation and price stabilteeeee
Shakey McShakes is present in da house. But we must forgive...as no one could be expected to spin this line of complete bullshit without a tell.
**dry mouth is also present again**
Did he just say that oil has come down in the last couple quarters? Did he just say that? Who is he kidding with that inane comment? Seriously, who was supposed to swallow that absolute lie? Americans who have been in the grave for the last two quarters?
Add stammering.
Lies-man: Mr. Bernank, because I work for a shit show known as CNBC, I get the first question. Um....what color is your helicoptor?
The Chairsatan: First i am happy you found a job that suits your handicap. On my helicopter its US note green.
Also because he knows that those who possess most of the worlds gold refuse to 'lease' it to the Fed. They got burned on the last go-a-round (1933).
Give it up Bennie...resistance to the Truth is futile.
Cornell raised tuition 4.5% again.. they have been raising 4.5% for the last 3 years I've been watching as I live near that university.
It's called INFLATION....... Every one is experiencing it since Obummer and The Bernack continue to print money.
Don't forget the O'Dumbo Dollars for anyone with a pulse. If only we could bundle these student loans into some tranches of treachery...
I love life
"Because live is better than dead."
Bernanke?...I think some here might care to differ with that sentiment.
I keep waiting for him to throw his notes into the air, shout "Ah fuckit!" and walk out in the middle.
That would rok.
LOL
LOL indeed.
WORD!
"Who of us here didn't know what government was before we came? Wasn't half our purpose coming to get shed of the cocksucker? And here is comes again - to do what's in its nature - to lie to us, and confuse us, and steal what we come to by toil and being lucky just once in our fuckin' lives. And we gona be surprised by that, boys, government being government? Will we next be shocked by rivers runnin' or trees castin' fuckin' shade?"
Cy Tolliver's take on government - Deadwood Season 2
Major dry mouth..
"Thank you all for coming today and as a gift for attending, if you'll look under your seat, you will find a 'GOLD TO THE MOON' baseball cap."
Bla, bla,.....
Historically until now, every single central-planning economy (CPE) has been a disaster. During the last 200 years, the zionist world bankng oligarchy thought that they are better.
Well, the CPE lately failed in USSR and China resulting in a collapse of the Soviet Union and the Chinese Cultural revolution, respectfully. Now, it is the USA and EU turn.
I got my popcorn and I am watching. Yes, gold and guns are elso very helpful.
http://www.youtube.com/watch?v=USHHQRodF88
ugh, i'm getting sick and tired of these lying mofo's
What's that noise in the background? Occupy wallstreet? :D
I ran it through an enhancer, and here's what they're chanting.
Hey. Hey!
Ho, Ho!
Give me my ZIRP,
or out you go!"
If I keep watching him speak I'm gonna end up tossing my monitor out the window.
must.....walk....away....immediately.
I was gonna get a 5 year mortgage but I'll wait now
Sounds like he needs to take a 'Cry' break.
Ahhhhhh stevie..
"Lease gold"?
Why would someone want to rent gold?
Why, to pay back the gold they rented yesterday, silly!
Tradition
When a patient(fiat) is dying in a hospital with a DNR all the dr.s (Bernanke) can do is a morphine drip (print)
He made it rain today.
Comrade liarman got the first question again. Reminds me of when the U.S.S.R used to have party people on with the interviewers just to make sure the interviewee answered the question in the appropriate manner.
Bullish for commodities, eh.
Better article about Bernanke:
"Drunken Ben Bernanke Tells Everyone At Neighborhood Bar How Screwed U.S. Economy Really Is"
http://www.theonion.com/articles/drunken-ben-bernanke-tells-everyone-at-neighborhoo,21059/
Ben, just hang yourself from the debt ceiling.
I thought Liesman was going to ask him for some beard clippings as a souvenir.
Take a shot every time the bearded midget stutters
Your neighbors would appreciate you waiting till you get to the range.
LOL What monetary policy? I wouldn't call printing fiat dollars like there is no tomorrow part of monetary policy. It is nothing short of an attack on the United States and its people, not even to mention the rest of the world. I suppose this is what happens when you allow the real terrorists to run your country (and the rest of the world for that matter) through privately owned central banks and what have you. Yes, the so called "good guys" who continue to murder and destroy innocent people under the false pretence of "peace and security". They are deliberately destroying the United States and other countries to formally bring us into their one world government wet dream. Good is bad and bad is good. Have I missed something?
Where's Bennies binky? The Press pussies sure are fucking little ass kisser BITCHES. Where's the real questions, cowards!
I thought LIESman would blow him on camera
LOL
umm best guess uh we can only guess uh we do not know where umm what a retard i am uh.
Alzheimer's prevention by reading Zero Hedge?
Sounds reasonable since it does make one ponder....stimulate the grey matter...
Gold, bitchez
http://www.huffingtonpost.com/janet-tavakoli/gold-and-silver-price-man_b_1231011.html
She's a babe! A babe among children! A babe among babes, if you will.
LOL.. plus 1 on babe factor!
"Give that women a cigar"
The guy who couldn't see the housing crisis coming is going to forecast 2014...???
We recognize that during a period like this savers get a lower return.......translation...they get screwed.
A few more years of exporting inflation around the globe. How many food riots will this cause?
"screw savers"
Question on savers: he said we should have a growing economy so that savers can get a return on their investment. He doesn't even conceive of the concept of wealth preservation, which he is destroying through inflation. I can't think of a more clear reason for buying gold & silver.
Yup. He's straight up about it. Savers are getting fucked so that the stock market stays high. A sentence that summarizes the last three (and next three) years. Fucking criminals.
Would anyone even care if a samurai clean swiped Bernankes head from his corrupt body with the cameras rolling
Joke of the Day:
President Obama walks into the Wynn Casino and says to a cashier, "Good Morning; I'm here on a free ride; could you please cash this check for me"?
Cashier (Looks like Bernanke with a lisp) : "It, it it, would be my pleasure sir. Could you please show me your ID"?
Obama: "Truthfully, I did not bring my ID with me as I didn't think there was any need to. I am President Barrack Obama, the president of the United States, and you look familiar? Ben, baby, what you doing here Bro?
Cashier: "Yes sir, I know who you are, its me, but i needed a job, no one believes in my BS anymore, but with all the government regulations,and regulators and Casino Security because of impostors and forgers, etc., I must Insist on seeing ID, s-s-s-s-sir."
Obama: "Putz, Just ask anyone here in the Casino who I am and they will tell you. Everybody knows who I am. Hey Bill Clinton over here, ( he waves, to Clinton escorted by two knockout bimbos, over here" (He's ignored)
Cashier: "I am sorry, but these are government and Casino rules and regulations, and I must follow them we've never had a failure in the Casino Industry....EVER."
Obama: " I know we have regulators and regulations Dodd- Frank, and Consumer Financial Protection (Condom) Bureaus, out the ass, now and oversight by the government for the protection of all clients and customers in our economy.
Cashier: (Ben, Doubled over in laughter, choking) "Thank you sir, very good, that was a good one, I needed that, business is very slow."
Obama: "I am urging you please to cash this check, now, immediately, Its a Crises"
Cashier: "Look, this is what we can do: One day Tiger Woods came into the bank without ID.
To prove he was Tiger Woods he pulled out his putting iron and made a beautiful shot across the lobby into a cup.
With that shot we knew him to be Tiger Woods and we cashed his check."
"Another time, Andre Agassi came in without ID. He pulled out his tennis racquet and served an ace shot directly into the center of our logo 90 feet away. With that spectacular shot we cashed his check.
"Even Jenna Jamieson came in without ID, after a while, a long while really, we cashed her check too, she was spectacular too."
So, what can you do to prove that it is you, and only you?"
Obama stood there thinking, and thinking and finally says:
"Honestly, nothing comes to mind. I can't think of a single thing I can do."
Cashier: "Will that be large or small bills, Mr. President?"
Obama: "Large, Ben, Baby; I want to spend it before I inflate it and make it worthless"
Cashier: " No problem, we fixed out printer, come back after lunch we will be printing more than you can carry"
Why would anyone listen to his lies and propaganda is beyond me. We all know the numbers and the facts.
"The Committee believes long term price stability is beneficial for savers."
Or when translated:
http://www.youtube.com/watch?v=gEmJ-VWPDM4&ob=av3e
What he didn't say, 'Savers need to get with the program. The elderly are going to die at some point which the Committe believes will be beneficial to the economy."
barliman
P.S. Since savers also includes people who own homes, 'get with the program' means 'default now, you goddam dummies!"
THE BLS is already killing 'em off monthly.
uh..uh..uh..uh..uh..uh..um..
First round of drinks on me tonight.
could you start buying now
lolol...luv it
do I have to drive to you or can I can I send you the bill?
Summary: don't worry the fed will make sure markets have no chance to work.
The FOMC has a "democratic process"? I just lost my lunch. They want more transparency? Give me a fucking break. For starters, they could tell us who the owners of the Federal Reserve, and their branches, actually are. Only then will we know why they vote the way they do. I'd be surprised if they ever mention the "dual mandate" of the FR if it wasn't in the form of a joke.
Owners of the Fed:
http://land.netonecom.net/tlp/ref/federal_reserve.shtml
What they really mean is the FED believes its lies are not having the effect they used to have so they are attempting to make said lies more believable.
Why is he sitting at a desk? On a platform.
Principal reduction.........last straw.
I think he knows he screwed us royally and is trying to hide it.
The Bernanke knows it's all coming unglued, it's written all over his face. He looks confused that his own rhetoric doesn't make sense as he's hearing it...
"Live is better than dead"? Really.
Paraphrasing all current Federal Reserve speeches:
"My organization took a dollar and turned in into a nickel and along the way we all got mansions, yachts, high-priced hookers, fabulous vacations and good drugs. What all did you, my little people, get?
The invoice.
Typical investor hears: even more low interest rates, stocks will skyrocket. Must buy now.
Inflationist hears: Low interest rates for longer, inflation will go postal, fed won't be able to pull in the money supply fast enough. It's the Wiemar Republic all over again. Buy gold.
Deflationist hears: No change to interest rates. They're doing this to fight deflation. Housing market crashing. It can't be stopped. They won't be able to stop deflation either. It's the 1930s all over again. Sell everything and stay in cash.
All I heard was buy more guns, gold, grub, and silver and stack it deeeep.
Ben lying like a fucker, the press corps throwing softballs, gawd this is pathetic. Gold going supernova as Ben runs his yap. In the greatest check kiting scheme of all time...Ben announces we will PRINT our way out of this mess.
In every crisis, there is always one dipshit that stands up and says, "Follow me, I know the solution." That man is almost always insane.
My take on today's press conference is that the FED has decided that full employment is more important than price stability & that forms of quantitative easing are not helpful with their goal of full employment due to broken transmission mechanisms.
He is very consistant at repeating the mandate... Many questions lead him to repeat the mandate as the answer... I like how he dodged the political questions as well... Sets himself apart from the political process... Very interesting.
"Most people invest...."
Most of Bernanke's friends, anyway.
Fuck! That CNN guy fucked him!!!
LIAR! Interest rates do NOT compensate savers for inflation! Get me a rope and a lamp post.
Is this guy for real?! Can you please tell me what shit he smokes and drinks
Had there been even a shred of integrity among the (presumably hand-picked and carefully screened) audience at that disgusting press conference of our Economic Central Planner in Chief, at least ONE member would have stood up and shouted "YOU FUCKING LYING SON OF A BITCH!!"
Douchebanke just said " while savings rates are still low, they are still positive." Does he plan on making them negative???
What an ASSHOLE!
Psychopathy (/sa??k?p??i/[1][2]) is a personality disorder characterized by a pervasive pattern of disregard for, or violation of, the rights of others. It is defined in different ways, but can involve a lack of empathy or remorse, shallow emotions, selfishness, grandiosity or deceptiveness; it can also involve impulsiveness, irritability, aggression, or recklessness.
Picture Ben.
actually i think he is just up shit creek without a paddle.
"deflation is very negative" Dr. Ben Bernanke
Because with deflation, the IRS doesn't get enough money to pay The Bernacks salary or Obummer's vacations.
INFLATION is a hidden tax!!!!
God, I love the Bernank. Metals soaring as his bullshit rolls on. Griffeth and Carrera planting some lipstick on his ass. http://thecivillibertarian.blogspot.com/2012/01/when-crisis-occurs-there...
Pants have to be on Fire!
You'll love this (Art by Jeff Olsen):
"It's like a Superman comic, when you run out of bullets, it's time to throw the gun."
I have to admit...I am in wow mode....he laid it out....no savings..no interest...debt to the moon...inflation has to take off now...I bet it takes off on food first...oil and gas second...$5 gas this summer....$10 corn...AND I think you will see the rest of the world distance themselves from us....bigtime...
I have a movie for Helicopter Ben. "Invasion Of The Mattress People". The movie reaches a crisis when the Mattress People give up on the currency, and cut up newsprint to hide in the bedding.
http://georgesblogforum.wordpress.com/
Maybe more would pay attention if NO ONE watched it.
You give these jerks power through participation.
Like your TV, turn it off.
Leasing "tradition" helps support the fiat currency of 1st resort and that's why they put it on their balance sheet. If they didn't have all that "tradiation" to lease they wouldn't have the privilage to print irredemible FRN's for very long. I wonder how much "tradition" they have left in their vaults and I wonder how high in value they are prepared to let "tradition"get. Nixon had to close the "tradition" window in "72" because France was trying to redeem all their FRN's for our "tradition." They wanted to horde all the "tradition" for themselves and not trust us to do so. If you don't have nuclear weapons we will bomb you for your "tradition."
Here is the deal.
In 2008-2009, the PRIVATE bad debt should have been written down/off. The banks restructured. Then there should have been massive fiscal and monetary stimulus. Today The US would be back on a growth trajectory.
Instead that private debt was transferred to the public balance sheets. Now the Fed is going to keep ZIRP for years to try and inflate that bad debt away. The only winner in a ZIRP enviroment is the $14T US government debt. The people that make up the country well 99% lose on this path. Slowly but surely the US loses.
Monetary and fiscal choices that were made in 2008-2009 (which are currently being reinforced) will end up being more detrimental to the US way of life than ten 9/11's.
A final point. Japan has been on this program for almost 20 years. But they got lucky, because for most of their liquidity trap 20 years the rest of the developed world was growing.What happens to the US when their liquidity trap takes place at the same time as Europe starts imploding?
Fractional reserve leasing equals the addition of more empty shells to the shell game. Now you see it, now you don't. Hey look over there, it's something shiny!
But how can anyone possibly believe that totally incompetent and clueless politicians and central bankers could solve anything. They created the problem in the first place and are therefore totally unsuitable to play the role of Deus. The main objective of governments is to stay in power and thus to buy votes. Therefore they are incapable of taking the right decisions. And the opposition, aspiring to power is even less suitable since they will lie through their teeth and promise the earth in order to be elected. (We know that there are exceptions like Ron Paul, but the voters will most probably find his medicine too strong to swallow.)
More analysis:
http://www.mmnews.de/index.php/english-news/9031-deus-ex-machina
Ya Silver. You missed something and that is the question do the "good guys" agree or not agree to form complete consensus?
The real good guys may be oiling up their pieces and such represent stripes of all nations.
The self-sodomy joke of the devil doesn't all flow in one direction, or does it? Criminals often attempt to burn the place behind them to cover tracks. I suppose some think we are all stooopid...