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Word Cloud Summary: Inflation - 16; Deflation - 0; Easing -2; Tightening - 0; Gold 0; Weak - 8; Strong - 4; Transitory - 1
Summary: inflation - 16; deflation - 0; easing -2; tightening - 0; gold 0; weak - 8; strong - 4; transitory - 1, and....
"the finances of the federal government will spiral out of control in coming decades, risking severe economic and financial damage" - 1
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the federal government is a barbarous relic.
One can also eat government employees if one is into that sort of thing.
My Ipad is tastier.
Wally- Are you enjoying that?
Diamond- Nah. Needs garlic.
Politicians are wonderful, smothered in onions with fava beans and a nice chianti..
But they need to be cleaned thoroughly before cooking.
Economic Ills Not Temporary (The Bernank) -.. and inflation is only transitory...
in coming "decades"????
He meant minutes, right?
Succinct and to the point!
Don't Panick ...
The Wall Street MBA's Got Yer Back.
I'm thinking these mba clowns want hyperinflation to wipe away their $170,000 hawvard student loan debt
people who have the connections to get into those schools normally don't have any need for debt like the peons require
Decades?
Maybe Ben is thinking about his future stay at Leavenworth?
Grand jury subpoenas first...
until the word "clusterfuck" appears in one of his speeches...he cannot be taken seriously.
Nice.
That would be an exit speech...
ooooohhhhhhhhhhhh!!!!!!!!!!!!!!!
Break all markets again, Bernank!
People are sensing Ben is pegging the bullshit meter.
Ben is trying to talk without spilling the beans on tonight's teleprompter script...
ALL ABOARD!!!!!!!
Nice to know that you have "decades" while this happens.
"the finances of the federal government will spiral out of control in coming months (at most, years), causing severe economic and financial damage"
There. Fixed it.
Bernutty is now reduced to playing Whack-A-Mole with the ebubbleme his Keynsian religious zealotry has created.
Take action for yourself! Title 12 section 411 is the key
word cloud summary(simplified) : blah 2916 .
Agree, word clouds are currently in vougue, but they're really a very crude way of conveying information because all context is lost.
I'll be amazed if you see any in five years from now.
actually, you're not criticizing word clouds, you're criticizing the bulshit speech
...but i'm criticizing word clouds :)
What - no "tool" ??
Deflation...sure...absolutely...obviously deflation...in the RIETs!
Yeah, I like how we've "been fighting deflation this entire time", but don't worry, because "inflation is now on its way down".
And "the subprime housing problem is contained", "a recession will be avoided", "housing price growth will flatten over the coming months"...
It's one lie after another.
It's "tradition" for him to lie.
Gold preparing ready for liftoff.
market selling off? but...but...that's so insanely rational. be in the green again by 3:50
Well...anything is possible. However, with the door on Lloyd Blankfein's closet hanging by one hinge, and the totally depraved and raging USD studman making niche adult movies on Wall Street this afternoon and tomorrow, it is pretty tough to figure how that will happen...as the greatest crowded trade of all time unravels.
Sell everything save for the USD now...ask questions later....I suspect. For I do not believe that even helmet wearing NYSE floor traders are actually going to wait to be saved by President Zero later tonight. I think even bankers have that one figured out.
The FED needs to be abolished NOW. Sound money NOW.
Phrase: I should be tried for treason- 0
"LOOKOUTS BELOW".....
Pull the cork capt. Ben
"But what about all those people you told it was safe to sunbathe on the deck?"
Pull the cork...
the finances of the federal government are
turning and turning into the widening gyre
the falcon cannot hear the falconer
things fall apart
the center cannot hold
mere anarchy is loosed upon the world
the ceremony of innocence is drowned
the best lack all conviction, while the worst
are full of passionate intensity
thanks and enjoy your lunch...
- bernank
The Fed will never be abolished.
Ft. Knox will never be audited.
If anything the Pyramid Ponzi Scheme of Fractional Reserve Lending is going to expand even bigger.
In fact, my prediction is that the rest of the world, including emerging economies, will soon adopt the Fed model and start cranking up new securitizations and derivatives.
Nothing is going to change.
Nothing ever will.
Especially after today, where ESPN forks over another $15 billion for 8-yr. rights to the NFL.
The sheep don't care about stocks. They only care about the NFL right now.
Even though I hate you on so many levels (though mostly because you've stopped posting pics), that was epic Robo.
Can't imagine anyone junking that.
Aww, Robo, you're trying to help the world by making one of your batshit, 100% wrong calls.
We all thank you from the bottom of our hearts.
Sadly, he might be at least partially right.
What part is wrong?
"nothing is going change"
WTF? Changing right in front of our eyes now. Biggest wealth transfer in history.
Please wake up Robo.
You're right, the Fed will never be abolished--it'll be razed to the ground.
You may be right as well, but I don't think I should hold my breath on that one.
The Bernank-Paulson-Geithner triumvirate has already initiated the process that is going to turn us Japanese, bitchez.
The Bernank is large and in charge of the massive destructive policies now underway, with ZIRP until 2013 as just the appetizer.
They had a chance to let the forest fire rage on, and burn out all the dead scrub and dead trees that served as kindling for future fires, but they decided to bail out their friends, instead, which only temporarily stopped the inferno (wait until we all get to see the next one - epic won't be suitable to describe it).
Nikkei from 40,000 to 8,700 in 22 years, despite Japan pouring more concrete and asphalt, and spending more on infrastructure projects than any other nation on earth (yes, including China)...
Good luck to the buy and hold equity bagholders in the U.S., playing at the world's most creatively dishonest and ingeniously thieving casino that are "stock markets," who are now underwater in NOMINAL terms since 1999 and UNDERWATER IN REAL TERMS SINCE 1994!
I'm sure you won't suffer the Nikkei Ginsu. Keep the faith, with The Bernank, Geithner & Obama (or whatever puppet that replaces him/them) in charge. /sarc
Yeah, but which part?
The FED wont be abolished, it will be abandoned some midnite soon.
I agree.
The globalists already have the Fed's replacement lined up and ready to go.
It's some patriotic sounding entity, but with the same ulterior motive as its core mission as the Federal Reserve was charged with.
Lines 1, 2, 3 and 8 IMHO.
that's not true...i care about my fantasy team
so robo if what you say is true and for the most part, i believe it is totally true.......then where does that leave us? so what you are saying is that this country is already totally lost and can never be found again............here we are coming up on the tenth anniversary of 911 and people still buy into that silly arabs with boxcutters story...........what does the Book say about it all? People perish because of a lack of knowledge and so it is, and so it was and unfortunately so it shall ever be, i guess.............shame really, just a damn shame.............
You make a good point. Let's go to the history books.
Philosopher's complain about romans never ending appetite for gladiator games and free bread at the gladiator games. (bread and cirucuses).
A few decades later gladiators aren't paid and roman empire is caput.
End.
Thanks for playing billy.
http://www.ubergeek.tv/article.php?pid=58
anybody got a link to the speech?
Bernanke has tools in spades, and he's at a fork in the road, will he shear the prudent savers and let the bankers rake in the money or mow them down? /punny tabloid writer
I'm still lookin' for the opt out in the sanity clause.
Honey, get off your dead ass and mix me another drink.
If they would make marihuanna legal, Benny da Men would get stoned and slow down his printing.
It seems some1 keeps him on ritalin.
What, no "corporate jet owners?"
'My dad Bernank has this kickass set of tools! I can FIX it!'
He's Gonna Kill Us! Scene - Fast Times at Ridgemont High Movie (1982) - HD - YouTube
"First he's gonna shit...and then he's gonna kill us."
Naw...I can FIX it! Just be glad I have good reflexes....fixed in under 15 minutes!
Phoebe Kates...read bikini...nothing else need be said.
A topless Phoebe Kates, the reason why Fast Times was viewed at least 50 times by most high school guys.
...but I averted my eyes....each and every time I watched the film.
Ask & ye shall receive ...
http://2.bp.blogspot.com/_x1KR5jvl8q4/TEIpqRGwkvI/AAAAAAAANXk/vapMTcE8f0...
Life is good when one can mix Bible verses and boobs together.
Wow, that was so funny. Humor is timing, you achieved it....
classic
Puke bucket ETFs up...commence vomiting of equities. Efficient markets, indeed.
Watching equities getting wildly propped back up by robots churning algos into frothy creamyness. Seems Ben has cried wolf too many times, people sense something is wrong here with these mealy-mouthed
'Im kinda talking about QE and all but not giving any specifics at all, we have a 'list of options' and a set of tools but bottom line we're screwed and I really dont know what to do. I'll give my best guesses on how things will look in a year, nevermind all my cprior guesses have been completely wrong....hey just focus on my tool, I'm out'.
Yea whatever Ben youre a disaster and everyone knows it.
Chairsatan: "Ultimately FED mandate is consistant with strong dollar policy"
WTF, then you should be fired! The dollar will only strengthen when the FED is abolished.
And the only reason the dollar has gotten a prop at all is due to complete Euro collapse. Sheesh.
...and the reversal against the Swissy...and the suck balls downturn in the Aussie. It is more than just the Euro, Dog.
The big unwind.
Yep it is unwinding fast now as the next ZH article states the Eurozone is dead...and the old playbook the elite used 'problem-reaction-solution' will no longer work.
Not to worry Dog...President Zero will fix everything after the bell. He has plans to spend more money, generations worth of future tax payer obligations, and this will smooth everything over.
No problems.
Asshole 1
Idiot 1
Stupid 1
IQ 50