Word Cloud Summary: Inflation - 16; Deflation - 0; Easing -2; Tightening - 0; Gold 0; Weak - 8; Strong - 4; Transitory - 1

Tyler Durden's picture

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spiral_eyes's picture

the federal government is a barbarous relic.

fuu's picture

One can also eat government employees if one is into that sort of thing.

Conax's picture

Wally- Are you enjoying that?

Diamond- Nah. Needs garlic.

 

Politicians are wonderful, smothered in onions with fava beans and a nice chianti..

gmj's picture

But they need to be cleaned thoroughly before cooking.

Two Towers AU AG's picture

Economic Ills Not Temporary (The Bernank) -.. and inflation is only transitory...

trav7777's picture

in coming "decades"????

He meant minutes, right?

BaBaBouy's picture

Don't Panick ...

 

The Wall Street MBA's Got Yer Back.

Comay Mierda's picture

I'm thinking these mba clowns want hyperinflation to wipe away their $170,000 hawvard student loan debt

trav7777's picture

people who have the connections to get into those schools normally don't have any need for debt like the peons require

SheepDog-One's picture

Maybe Ben is thinking about his future stay at Leavenworth?

carbonmutant's picture

Grand jury subpoenas first...

alien-IQ's picture

until the word "clusterfuck" appears in one of his speeches...he cannot be taken seriously.

TruthInSunshine's picture

 

 

 

ooooohhhhhhhhhhhh!!!!!!!!!!!!!!!

Break all markets again, Bernank!

SheepDog-One's picture

People are sensing Ben is pegging the bullshit meter.

carbonmutant's picture

Ben is trying to talk without spilling the beans on tonight's teleprompter script...

Canaduh's picture

ALL ABOARD!!!!!!!

Byte Me's picture

Nice to know that you have "decades" while this happens.

centerline's picture

"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.

Misean's picture

Bernutty is now reduced to playing Whack-A-Mole with the ebubbleme his Keynsian religious zealotry has created.

FaithEqualsZero's picture

Take action for yourself! Title 12 section 411 is the key

tsx500's picture

word cloud summary(simplified) :                blah    2916 .  

Troublehoff's picture

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.

Troublehoff's picture

actually, you're not criticizing word clouds, you're criticizing the bulshit speech

 

...but i'm criticizing word clouds :)

Fuh Querada's picture

What - no "tool" ??

Cdad's picture

Deflation...sure...absolutely...obviously deflation...in the RIETs!

EscapeKey's picture

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.

Bay of Pigs's picture

It's "tradition" for him to lie.

Gold preparing ready for liftoff.

 

jdelano's picture

market selling off?  but...but...that's so insanely rational.   be in the green again by 3:50

Cdad's picture

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.

1835jackson's picture

The FED needs to be abolished NOW. Sound money NOW. 

What_Me_Worry's picture

Phrase: I should be tried for treason- 0

tbone654's picture

"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...

caerus's picture

 

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

RobotTrader's picture

 

 

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.

Rover's picture

Even though I hate you on so many levels (though mostly because you've stopped posting pics), that was epic Robo.

Dumpster Fire's picture

Can't imagine anyone junking that.

tmosley's picture

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.

Blano's picture

Sadly, he might be at least partially right.

Bay of Pigs's picture

"nothing is going change"

WTF? Changing right in front of our eyes now. Biggest wealth transfer in history.

Please wake up Robo.

tmosley's picture

You're right, the Fed will never be abolished--it'll be razed to the ground.

Blano's picture

You may be right as well, but I don't think I should hold my breath on that one.

TruthInSunshine's picture

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

WonderDawg's picture

Yeah, but which part?

SheepDog-One's picture

The FED wont be abolished, it will be abandoned some midnite soon.