Article

2011-02-19 Economy

The Bernank Says He is Blameless for Global Financial Disruption

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Posted by Anguper Hupomosing9418 2011-02-19 00:00|| || Front Page|| [11131 views ] Top

#1 ION WAFF > INTELLIGENCE COMMUNITY FEARS US MANUFACTURING DECLINE. US DNI wants an NIE as per LT US Security implications.

Posted by JosephMendiola 2011-02-19 00:50|| 2011-02-19 00:50|| Front Page Top

#2 Also from WAFF > {MEMRI.org] IRANIAN GEENRAL WARNS US OF CONSEQUENCES OF MEDDLING [Iran, ME Affairs], PREDICTS CONFRONTATION SOON AGZ US, warning that the ERA OF ABSOLUTE POWER FOR THE US + ITS MILITARY, SECURITY SERVICES IS OVER.

Once again, OLLIE STONE'S "PLATOON", "WHITE RABBIT" anthem by Jefferson Airplane, + NOSTRADAMUS > "NONE SHALL SEE THE POWERS OF ASIA DESTROYED UNTIL THE SEVEN/SEVENTH HOLDS THE LINE" [ as per "Decisve Battle"]".

Posted by JosephMendiola 2011-02-19 00:56|| 2011-02-19 00:56|| Front Page Top

#3 Fire Bernanke for not doing his job. He's about as useful as the Minerals Management Agency.

Posted by gorb 2011-02-19 01:28|| 2011-02-19 01:28|| Front Page Top

#4 Ben doesn't care about the USA or the Fed... only about JPM and GS.

Posted by Water Modem 2011-02-19 01:32|| 2011-02-19 01:32|| Front Page Top

#5 Well of course he says that. There is considerable blame to go around--mostly among donks to my way of thinking.

Posted by JohnQC 2011-02-19 11:05|| 2011-02-19 11:05|| Front Page Top

#6 Karl,

Methinks Bernanke couldn't carry Greenspan's loafers.

James,

He could not carry Volker's jock strap must less be qualified to sit in the same chair.

Posted by James Carville/Karl Rove 2011-02-19 11:09|| 2011-02-19 11:09|| Front Page Top

#7 Not to suggest that I think Weimar Ben is right, about anything. But he is doing his job, which is to support the federal government. Either Congress has to cut expenditures, or he has to print the money to close the gap. If he refused, he'd be handed his hat, and someone willing would take his place.

I notice that his middle initial S (Shalom) is turning up more and more frequently in the MSM, which makes me wonder why on earth that matters. Easier to blame a Jooo than Congress and the whole social welfare Ponzi scheme, I guess?

Posted by RandomJD 2011-02-19 13:11|| 2011-02-19 13:11|| Front Page Top

#8 Kissenger Foundation flunkies, the lot. Send Ben and Tax Cheat Tim off to China where they belong. They've sold us out, let them declare their rightful Chinese Communist citizenship along with Henry the greedy bastids!

Posted by Besoeker 2011-02-19 13:16|| 2011-02-19 13:16|| Front Page Top

#9 Methinks Bernanke couldn't carry Greenspan's loafers.

I dunno. Greenspan came up with the idea of the ARM and released it into the wild.

Posted by gorb 2011-02-19 14:11|| 2011-02-19 14:11|| Front Page Top

#10 The Republicans repeal Glass Steagal (1987) and pretty much the first thing Greenspan did in 1987 was to guarantee unlimited liquidity to banks.

Effectively writing them a blank bailout check, which underwrote all the wild speculation by banks that led to the GFC.

Posted by phil_b 2011-02-19 19:57|| 2011-02-19 19:57|| Front Page Top

#11 Bernanke and Greenspan are two sides of the same coin.

Posted by Nimble Spemble 2011-02-19 20:02|| 2011-02-19 20:02|| Front Page Top

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