Home › Forums › Financial Markets/Economics › Bernanke Lies Again….and We Believe Him
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Arraya.
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February 25, 2009 at 10:34 AM #355233February 25, 2009 at 11:12 AM #354670
macromaniac
ParticipantAfx,
I was not asking that “literally” it was out of sarcasm. I know its on the internet but I don’t have a vote no matter what is in the pork barrel and that is why we pay these clowns 165K a year….
TO READ THE BILL BEFORE YOU PASS IT!
If you want to pay me 165K then a will read the 1100 page bill. That is my job and duty to my constituents and taxpayers….
February 25, 2009 at 11:12 AM #354979ParticipantAfx,
I was not asking that “literally” it was out of sarcasm. I know its on the internet but I don’t have a vote no matter what is in the pork barrel and that is why we pay these clowns 165K a year….
TO READ THE BILL BEFORE YOU PASS IT!
If you want to pay me 165K then a will read the 1100 page bill. That is my job and duty to my constituents and taxpayers….
February 25, 2009 at 11:12 AM #355112ParticipantAfx,
I was not asking that “literally” it was out of sarcasm. I know its on the internet but I don’t have a vote no matter what is in the pork barrel and that is why we pay these clowns 165K a year….
TO READ THE BILL BEFORE YOU PASS IT!
If you want to pay me 165K then a will read the 1100 page bill. That is my job and duty to my constituents and taxpayers….
February 25, 2009 at 11:12 AM #355141ParticipantAfx,
I was not asking that “literally” it was out of sarcasm. I know its on the internet but I don’t have a vote no matter what is in the pork barrel and that is why we pay these clowns 165K a year….
TO READ THE BILL BEFORE YOU PASS IT!
If you want to pay me 165K then a will read the 1100 page bill. That is my job and duty to my constituents and taxpayers….
February 25, 2009 at 11:12 AM #355249ParticipantAfx,
I was not asking that “literally” it was out of sarcasm. I know its on the internet but I don’t have a vote no matter what is in the pork barrel and that is why we pay these clowns 165K a year….
TO READ THE BILL BEFORE YOU PASS IT!
If you want to pay me 165K then a will read the 1100 page bill. That is my job and duty to my constituents and taxpayers….
February 25, 2009 at 11:15 AM #354675jpinpb
ParticipantThat’s true. We entrust public officials to read through these bills. It’s not our job. Even if we did take the time to read through it, little we can do, before or after.
February 25, 2009 at 11:15 AM #354984ParticipantThat’s true. We entrust public officials to read through these bills. It’s not our job. Even if we did take the time to read through it, little we can do, before or after.
February 25, 2009 at 11:15 AM #355117ParticipantThat’s true. We entrust public officials to read through these bills. It’s not our job. Even if we did take the time to read through it, little we can do, before or after.
February 25, 2009 at 11:15 AM #355146ParticipantThat’s true. We entrust public officials to read through these bills. It’s not our job. Even if we did take the time to read through it, little we can do, before or after.
February 25, 2009 at 11:15 AM #355254ParticipantThat’s true. We entrust public officials to read through these bills. It’s not our job. Even if we did take the time to read through it, little we can do, before or after.
February 25, 2009 at 11:56 AM #354685Arraya
Participanthttp://theautomaticearth.blogspot.com/
Bernanke says the recession will be over in a few months. MarketWatch has a deadline that says “Evidence mounts that recession’s worst is past”. The Dow is up 3.5% when I write this. Now I’m sure Bernanke would look just fine with a party hat on his skull, but by now words like his this morning have become irresponsible. You can’t keep on lying to people and expect them to always come back for more. The high and mighty in the markets are understandably giddy at the prospect of hundreds of billions of additional taxpayer dollars being moved into their failed institutions.This is the cover of the February 15, 1999, issue of TIME Magazine. Robert Rubin, Alan Greenspan and Larry Summers as the three wizards who will save the world. Ten years later, Rubin is the man behind the scenes of Obama’s finance team, Greenspan is busy doing mea culpa’s that leave him without blame, and Summers has his eyes on Greenspan’s old throne. These guys have orchestrated the downfall of the American economy ten years ago, through the Glass-Steagall repeal, insanely low interest rates and lack of regulation for ‘innovative’ financial instruments. They are today still firmly in the seats of power. I can’t think of anything more worrisome than that.
snip
In 1999, mere months before the Glass-Steagall repeal was voted through, Robert Rubin handed the Treasury Secretary seat to Larry Summers, in order to move on to Citi and put to “good use” all the new financial powers he himself was responsible for writing.
In 2009, Rubin left Citi throuigh the revolving door that connects Wall Street to Washington, to team up again with Larry Summers and Tim Geithner, and make sure hundreds of billions are being poured into the bank he helped implode. None of Obama’s initiatives will do anything to save the banking system, or restore economic growth, or benefit the taxpayer. We’re witnessing the liquidation of the US as a going concern.
February 25, 2009 at 11:56 AM #354994Participanthttp://theautomaticearth.blogspot.com/
Bernanke says the recession will be over in a few months. MarketWatch has a deadline that says “Evidence mounts that recession’s worst is past”. The Dow is up 3.5% when I write this. Now I’m sure Bernanke would look just fine with a party hat on his skull, but by now words like his this morning have become irresponsible. You can’t keep on lying to people and expect them to always come back for more. The high and mighty in the markets are understandably giddy at the prospect of hundreds of billions of additional taxpayer dollars being moved into their failed institutions.This is the cover of the February 15, 1999, issue of TIME Magazine. Robert Rubin, Alan Greenspan and Larry Summers as the three wizards who will save the world. Ten years later, Rubin is the man behind the scenes of Obama’s finance team, Greenspan is busy doing mea culpa’s that leave him without blame, and Summers has his eyes on Greenspan’s old throne. These guys have orchestrated the downfall of the American economy ten years ago, through the Glass-Steagall repeal, insanely low interest rates and lack of regulation for ‘innovative’ financial instruments. They are today still firmly in the seats of power. I can’t think of anything more worrisome than that.
snip
In 1999, mere months before the Glass-Steagall repeal was voted through, Robert Rubin handed the Treasury Secretary seat to Larry Summers, in order to move on to Citi and put to “good use” all the new financial powers he himself was responsible for writing.
In 2009, Rubin left Citi throuigh the revolving door that connects Wall Street to Washington, to team up again with Larry Summers and Tim Geithner, and make sure hundreds of billions are being poured into the bank he helped implode. None of Obama’s initiatives will do anything to save the banking system, or restore economic growth, or benefit the taxpayer. We’re witnessing the liquidation of the US as a going concern.
February 25, 2009 at 11:56 AM #355127Participanthttp://theautomaticearth.blogspot.com/
Bernanke says the recession will be over in a few months. MarketWatch has a deadline that says “Evidence mounts that recession’s worst is past”. The Dow is up 3.5% when I write this. Now I’m sure Bernanke would look just fine with a party hat on his skull, but by now words like his this morning have become irresponsible. You can’t keep on lying to people and expect them to always come back for more. The high and mighty in the markets are understandably giddy at the prospect of hundreds of billions of additional taxpayer dollars being moved into their failed institutions.This is the cover of the February 15, 1999, issue of TIME Magazine. Robert Rubin, Alan Greenspan and Larry Summers as the three wizards who will save the world. Ten years later, Rubin is the man behind the scenes of Obama’s finance team, Greenspan is busy doing mea culpa’s that leave him without blame, and Summers has his eyes on Greenspan’s old throne. These guys have orchestrated the downfall of the American economy ten years ago, through the Glass-Steagall repeal, insanely low interest rates and lack of regulation for ‘innovative’ financial instruments. They are today still firmly in the seats of power. I can’t think of anything more worrisome than that.
snip
In 1999, mere months before the Glass-Steagall repeal was voted through, Robert Rubin handed the Treasury Secretary seat to Larry Summers, in order to move on to Citi and put to “good use” all the new financial powers he himself was responsible for writing.
In 2009, Rubin left Citi throuigh the revolving door that connects Wall Street to Washington, to team up again with Larry Summers and Tim Geithner, and make sure hundreds of billions are being poured into the bank he helped implode. None of Obama’s initiatives will do anything to save the banking system, or restore economic growth, or benefit the taxpayer. We’re witnessing the liquidation of the US as a going concern.
February 25, 2009 at 11:56 AM #355156Participanthttp://theautomaticearth.blogspot.com/
Bernanke says the recession will be over in a few months. MarketWatch has a deadline that says “Evidence mounts that recession’s worst is past”. The Dow is up 3.5% when I write this. Now I’m sure Bernanke would look just fine with a party hat on his skull, but by now words like his this morning have become irresponsible. You can’t keep on lying to people and expect them to always come back for more. The high and mighty in the markets are understandably giddy at the prospect of hundreds of billions of additional taxpayer dollars being moved into their failed institutions.This is the cover of the February 15, 1999, issue of TIME Magazine. Robert Rubin, Alan Greenspan and Larry Summers as the three wizards who will save the world. Ten years later, Rubin is the man behind the scenes of Obama’s finance team, Greenspan is busy doing mea culpa’s that leave him without blame, and Summers has his eyes on Greenspan’s old throne. These guys have orchestrated the downfall of the American economy ten years ago, through the Glass-Steagall repeal, insanely low interest rates and lack of regulation for ‘innovative’ financial instruments. They are today still firmly in the seats of power. I can’t think of anything more worrisome than that.
snip
In 1999, mere months before the Glass-Steagall repeal was voted through, Robert Rubin handed the Treasury Secretary seat to Larry Summers, in order to move on to Citi and put to “good use” all the new financial powers he himself was responsible for writing.
In 2009, Rubin left Citi throuigh the revolving door that connects Wall Street to Washington, to team up again with Larry Summers and Tim Geithner, and make sure hundreds of billions are being poured into the bank he helped implode. None of Obama’s initiatives will do anything to save the banking system, or restore economic growth, or benefit the taxpayer. We’re witnessing the liquidation of the US as a going concern.
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