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everyone from the gov down to the consumer is bankrupt. nothing is going to change it. And its taxes that pay for the debt. The moron keynesians think we create something from nothing. The situation in the US is going to get much worse before it gets better.

funny how its always the shorts, not the morons who ran the company into the toliet. There is no reason to own common stock in any financial right now. none.

Has anyone noticed the last week or so the sp 500 is trading almost uniform fashion with the euro?

These fucking assholes should be out of business. Why the hell are we proping up these clowns?

Its harsh. I agree. More than anything he was just flat out 100 percent wrong. His ideas and the fed are very much responsible for the situation we are in. Now the concensus that no financial institution should evcer go bust because of lehman is setting us up for another disaster.

Bernanke is a moron and a clown.

maybe

all there doing is wasting peoples time and money trying to save a totally broken system instead of figuring out a long term solution

Most people favor holding people and companies responsible for there actions which the cocksuckers who run the government are too chicken shit to do. They still think they can save this POS system.

Expect it will be worse because we have so little savings

You can tell Bill Poole thinks Bernanke is a moron. A sentiment I agree with

Until we begin to let things fail we wont get out of this crisis. That includes banks. BAC was mer and countrywide combined. The fed just fed one into the other until BAC failed and now there is no one big enough to absorb it. The FED is a joke and run by morons

So they should load up the federal government so they can bail themselves out with themselves. Oh wait. Thats stupid.

he's a market limit order just waiting to happen

yep

Its going to be worse the than the great depression. get ready for a total disaster

I think its a forgone conclusion, but the rest of the world is going to have it even worse

the whole thing is a ponzi scheme. were trying to bail out ourselves with ourselves. How are you going to borrow money from income that doesnt exist? Bernanke is a retard and a moron. Krugman isnt far behind. plan for the worst case scenario

its not, but when your a clueless clown like Bernanke you cannot figure out that your theories are shit. They need to start forcing investors taking losses on credit portfolios, but they wont do it because they lack the balls

Forget about it. Bankruptcy for sure.