Posts Tagged ‘ben bernanke

25
Feb
10

ron paul ties fed to saddam hussein in the 1980’s

maybe farfetched but wouldn’t friggin’ surprise me….

http://blogs.wsj.com/economics/2010/02/24/ron-paul-on-watergate-saddam-hussein-and-the-federal-reserve/

here’s henry waxman backing up RP’s claim:

from dailypaul.com

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17
Feb
10

onion parody of money

excerpt:

WASHINGTON—The U.S. economy ceased to function this week after unexpected existential remarks by Federal Reserve chairman Ben Bernanke shocked Americans into realizing that money is, in fact, just a meaningless and intangible social construct.

http://www.theonion.com/content/news/u_s_economy_grinds_to_halt_as

04
Feb
10

op ed on bernanke’s exit strategy

excerpt: ”
To sum up, the Fed creates a monetary base and the banks can create $10 for every $1 of monetary base. Wall Street firms created $20 for every Fed $1. In other words, the Fed only seeds the market. Beyond crude instruments like interest-rate policy, it has little control over how much actual money supply exists. In good times banks lend too much. And in bad times, such as today, they don’t create enough money because they lend too little.

Perhaps the lesson Mr. Bernanke drew from 2008-09 is not that we need more regulation but that financial firms should not be allowed to generate money out of thin air to write soon-to-be-bad loans. To seal his legacy, it is fractional reserve banking that he can rein in. Limit leverage and you take away the hot air from these bubbles.”

http://online.wsj.com/article/SB20001424052748703699204575017462822204340.html#

14
Jan
10

“after a plan crash, you locate the BLACK BOX”

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from http://inpoints.blogspot.com/feeds/posts/default

06
Jan
10

so the gov’ment hedge fund was part of the 60% rally this year

more speculation the whole bloody game is a rigged joke:

As I pointed out in December 2008, Nouriel Roubini wrote the month before that the government might buy U.S. stocks:

The Fed (or Treasury) could even go as far as directly intervening in the stock market via direct purchases of equities as a way to boost falling equity prices. Some of such policy actions seem extreme but they were in the playbook that Governor Bernanke described in his 2002 speech on how to avoid deflation.

Given that Roubini was previously a senior adviser to Tim Geithner, he probably knows what he’s talking about.

Now, Charles Biderman, CEO of TrimTabs, argues that the government may, in fact, have been buying stocks to prop up the stock market.   Given that 25% of the top 50 hedge funds in the world use TrimTabs’ research for market timing, it is a credible source.

http://www.zerohedge.com/article/us-government-buying-stocks

05
Dec
09

another anti-fed anti-dollar article in wsj

2 years ago these articles were only on fringe ‘tin foil hat’ websites…now their on wsj every week…

excerpt:

 “The nets came down on Wall Street, too. As the idea took hold that the Fed could meet any serious crisis by carpeting the nation with dollar bills, bankers and brokers took more risks. New forms of business organization encouraged more borrowing. New inflationary vistas opened.”

http://online.wsj.com/article/SB10001424052748704342404574575761660481996.html?mod=WSJ_hpp_RIGHTTopCarousel

03
Dec
09

ron paul dylan ratigan discuss bernanke

Vodpod videos no longer available.

more about “Morning Meeting:Bernanke fighting for…“, posted with vodpod

 




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