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Old 07-15-2008, 05:53 PM
 
485 posts, read 1,806,463 times
Reputation: 215

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Perhaps that's because he's a lying sack of weasel dung?
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Old 07-15-2008, 06:10 PM
 
Location: America
6,987 posts, read 15,774,855 times
Reputation: 2073
Quote:
Originally Posted by 58robbo View Post
From a staunch Ron Paul, Peter Schiff, Marc Faber, David Tice fan this will go right against the grain. but could bernanke be a genius? could he be inflating the currency to combat our dependence on oil and imported goods? i'm definitely not a fan of regulation but i do think the recent gas price hikes were the best thing to ever happen to us.
just a thought.
first problem with this theory is, he is NOT inflating our currency he is DEFLATING it.
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Old 07-15-2008, 06:18 PM
 
Location: Stanwood, Washington
658 posts, read 675,500 times
Reputation: 172
Ben is not a genius. He is far less experienced in the current issues than Greenspan was when he took the job. His actions and words indicate he is just furthering the Fed's corporate policy... to please the stockholders at the expense of the customers, us.

Remember, the Federal Reserve is a corporation, not a government office. Decisions of the Fed are not checked and cannot be vetoed by anyone in America, anyone in government, and anyone in the Executive branch.

Ben is a rich corporate guy who works for a company that creates its own money out of thin air, and doesn't even need the Treasury to print it. Get the picture?

On a related note to your post, I hope Hussein wins this Fall so this economy can hit the toilet and show Americans that their politicians sold them out and then fled accountability. Up will be the only direction left at that point, and we won't still be playing race, gender and politics but instead will be rebuilding our nation.
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Old 07-15-2008, 09:47 PM
 
485 posts, read 1,806,463 times
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Politicians fled accountability?

What else do they ever do?

We haven't had any leadership worth a hoot in a generation, nor has anyone been held to account-not even Joe McCarthy.

Because we don't take any interest in our government, nor do we demand that villains be punished.

This could be our "Affair of the Necklace."

Many authorities rate that disgraceful bit of biz as one of the three causes of the French Revolution-it finally convinced the people of France that their government was too corrupt and inept to continue.

Somebody build a hybrid tumbrel while I put this guillotine kit together....
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Old 07-15-2008, 09:49 PM
 
Location: Chicago
38,690 posts, read 91,148,397 times
Reputation: 29528
Quote:
Originally Posted by Wild Style View Post
first problem with this theory is, he is NOT inflating our currency he is DEFLATING it.
You can't be serious. How on earth is it even possible to come to this conclusion?
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Old 07-15-2008, 10:37 PM
 
3,460 posts, read 5,075,710 times
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Quote:
Originally Posted by Drover View Post
You can't be serious. How on earth is it even possible to come to this conclusion?
I was wondering that too.....
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Old 07-16-2008, 01:52 AM
 
3,283 posts, read 4,759,339 times
Reputation: 753
Quote:
Originally Posted by Wild Style View Post
first problem with this theory is, he is NOT inflating our currency he is DEFLATING it.

i think you're confusing deflating with devaluing. if he was deflating the currency that would mean that he was reducing money supply. if he was deflating "THE VALUE" of the currency well that would mean something different
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Old 07-16-2008, 01:59 AM
 
3,283 posts, read 4,759,339 times
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Quote:
Originally Posted by krakenten View Post
Because we don't take any interest in our government, nor do we demand that villains be punished.

finally some common ground. can i add that so many people have no idea how government works and how their decision affect us.
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Old 07-16-2008, 04:36 AM
 
2,482 posts, read 8,163,134 times
Reputation: 1944
Quote:
Originally Posted by 58robbo View Post
From a staunch Ron Paul, Peter Schiff, Marc Faber, David Tice fan this will go right against the grain. but could bernanke be a genius? could he be inflating the currency to combat our dependence on oil and imported goods? i'm definitely not a fan of regulation but i do think the recent gas price hikes were the best thing to ever happen to us.
just a thought.
No.
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Old 09-05-2008, 06:39 PM
 
Location: Sitting on a bar stool. Guinness in hand.
4,429 posts, read 5,811,944 times
Reputation: 1708
Quote:
Originally Posted by baystater View Post
Yep.

BTW did anybody find that Paulson's water gun in pocket VS a bazooka in the pocket comment during his testimony today, to be completely idiotic.
Report: Gov't may soon back Fannie, Freddie - Yahoo! News (broken link)

So is it the water gun?.............or the bazooka?

Better yet. Is it live or????????????????? is it memorex?
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