Bernanke Is A Lying Criminal

Quote from Pa(b)st Prime:

I'm not bullish-nor am I particularly bearish right here-but karl and Zhivodka are making the best points.

Forget about what Bernanke said during the break. Words are for pikers. The dumb money looks to be "told" what's happening.

Look instead at the Fed's actions. They were cutting the shit out of rates even when stocks were still making all time highs. No one remember the 9/07 funds cut?? His actions are those of a Chairman who saw things desinigrating early.

I'm the biggest critic of government there is-and I'm not exactly crazy about Jew bankers either-but Volker, Greenspan and Bernanke have each done an almost perfect job of managing FOMC policy vs. conditions. Granted they're not bright enough to post on ET.......
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When it comes to the FOMC people somehow forget that things could be worse: the GOVT could be trying to engineer us out of this mess. do you guys really want the govt to try and find an efficient way to clean up things? Are you kidding me?

Ben has a shitty job - he's the mouthpiece for the people that are going to fix this mess. He's also the whipping-boy when congress wants to haul someone up in front of the cameras. IMO, he's done a good job telling congress where to go[hell] surreptitiously.

For what it's worth, W had it bad too. No one wants to get dealt a hand like 9/11.
 
Quote from Pa(b)st Prime:

Look instead at the Fed's actions. They were cutting the shit out of rates even when stocks were still making all time highs. No one remember the 9/07 funds cut?? His actions are those of a Chairman who saw things desinigrating early.
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Sorry, but I beg to differ. You seem to forget Jim Cramer's infamous "They know nothing!" rant. I still chuckle at the fact that it was only then Bernie began his interest-rate slashing campaign in earnest.

You still think this bozo is for real?! Seriously, "helicopter" Bernie is a joke. Now that he's out of ammunition, he plans to print his way out of this recession.
 
Isn't Bernanke out of ammo, literally?

What's he going to do, take the funds rate to negative territory?

is he going to engage in an orgy of quantitative easing on top of what's already been done, in collusion with Treasury?
 
Quote from gigsup:

Actually, he seems to be the only one who half -way knows what is going on. He paints a false picture, I agree.
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He has been painting a false picture ever since landing that position.


The economy is not turning around anytime soon, what he said today was one big lie.
 
Quote from saliva:

Sorry, but I beg to differ. You seem to forget Jim Cramer's infamous "They know nothing!" rant. I still chuckle at the fact that it was only then Bernie began his interest-rate slashing campaign in earnest.

You still think this bozo is for real?! Seriously, "helicopter" Bernie is a joke. Now that he's out of ammunition, he plans to print his way out of this recession.
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Like I have said before, anyone who thinks the way out of this crisis is to print fresh new money is quite an idiot. Ben believes that's the way and will be quite surprised when he realizes it will NOT work.
 
Quote from S2007S:

He has been painting a false picture ever since landing that position.


The economy is not turning around anytime soon, what he said today was one big lie.
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One Year Ago:

Bernanke Says No Recession
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7 Months Ago:

Bernanke Says Rates Are `Well Positioned' to Spur Growth

http://www.truveo.com/Bernanke-Says-Rates-Are-Well-Positioned-to-Spur/id/2015833990

2005:

Bernanke: There's No Housing Bubble to Go Bust
http://www.washingtonpost.com/wp-dyn/content/article/2005/10/26/AR2005102602255.html
 
bottom line people in america are not stupid, well most anyways. Everyone can feel the effects of the economy. The only ones that have no idea whats going on are the upper class. people who don't need money. The economy is great for them because they are not suffering, so in their eyes everything is great and as soon as the american consumer can borrow more money the economy will rebound. In the meantime why don't we just bail out every moron banker and every idiot insurance company just in case goldman sachs cant get its money back. Bernanke should be thrown to the wolves for his lack of common sense.
 
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