Clueless
Federal Reserve Chairman Ben Bernanke Tuesday signaled a readiness to lower interest rates in a dramatic shift to support an economy battered by a financial crisis of "historic dimension."
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Since cheap credit and over stimulation caused this financial meltdown, then obviously we need more cheap credit and more stimulation to fix it. So says planner-in-chief Ben Bernanke. Apparently the markets and the people are done buying this baloney. When Bernanke started his remarks today, the Dow was at -120. By the time he announced his willingness to cut rates; it had fallen to -300. The old paradigm has failed and beating that horse will only deepen the crisis.
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Showing comments 1—50 of 86 [Newer]
Posted 10/07/08 12:07 PM
Michael Salvi
Elkins Park, PA | everyone loves to slam bernanke, but no one is willing to say the one great thing about him...and that is how well he grooms his beard...i mean, that thing is sharp looking. other than that i've got nothing |
Posted 10/07/08 12:10 PM
WillB852
Winter Garden, FL | I just bought "The Creature from Jekyll Island", the library system does not have one copy, go figure. I just got through the first chapter and it is amazing who got together and devised the Federal Reserve. I am looking forward to reading the rest, it is probably a good thing I didn't rent it, it is 600 pages long. But it is really 4 books in one. |
Posted 10/07/08 12:17 PM
JMPforLiberty
Johnston, RI | Lower interest rates more?!
I doubt Bernanke is stupid enough to realize what a terrible idea this is. Under that premise, he is intentionally hurting the economy. Considering the devastating effects that will likely occur between the bailout (partly his idea) and lowering interest rates further, I think he should be criminally prosecuted.
Yes, he does a nice job grooming his beard, but there's really nothing else about him that I like. |
Posted 10/07/08 12:19 PM
CelticPaladin
Lexington, KY | He's also got relatively few wrinkles for someone who commits atrocities.
Creature from Jekyll Island is a good book. |
Posted 10/07/08 12:20 PM
Andrew Sica
Woodbury, CT | I think Greenspan retired to a condo in that beard, where he can whisper sweet nothings in Bernanke's ear ("Lower those rates, babbbbby").
|
Posted 10/07/08 12:20 PM
jtinsley6
Martinsville, IN | He is a tool!!!! |
Posted 10/07/08 12:20 PM
Andrew Sica
Woodbury, CT | Anyway, how long is this insanity going to last? You really can't make this up, the last thing we need now is this clown pulling every lever at his disposal. |
Posted 10/07/08 12:21 PM
Michael Salvi
Elkins Park, PA | let them drop their rates again, the sooner this system collapses the better. i have no problem going back to eating leaves and insects if necessary. |
Posted 10/07/08 12:22 PM
Dr Dave
Botsford, CT | If they lower rates anymore does it go into negative rates.
We'll pay you to borrow.
This is like drilling a hole in the bottom of a sinking boat to let the water out.
The beard keeps his mouth warm, too bad his brain is frozen. |
Posted 10/07/08 12:23 PM
Michael Salvi
Elkins Park, PA | by the way, i'm proud to say that i initiated the beard commment and that it made its way into 3 other posts |
Posted 10/07/08 12:25 PM
Revolu
Raleigh, NC | it is a glorious beard indeed!
But alas. Here we go. Excellent comment Dr. Dave:
"This is like drilling a hole in the bottom of a sinking boat to let the water out."
There is no way out, but down to the bottom. |
Posted 10/07/08 12:27 PM
Wesss2
Pearl, MS | Make that 4 Michael,
You have to give him the beard it is hard to pull that look off, onlt Lew Rockwell does it better.
Other than that I say we are going to be burniing stacks of dollars to stay warm in the winter it looks like. |
Posted 10/07/08 12:29 PM
Michael Salvi
Elkins Park, PA | i'm currently building an island much like the one on lost...anyone want in? we'll have no interest rate cuts, just juices and berries |
Posted 10/07/08 12:41 PM
Michael Salvi
Elkins Park, PA | jokes aside, this is some serious stuff going on here folks. i posted a blog on here i think you all should check out, message me and let me know your thoughts/feedback.
thanks,
mike |
Posted 10/07/08 12:45 PM
voxdan
Castle Rock, CO | see also Fiat Empire video |
Posted 10/07/08 12:47 PM
RoseEmmons
Las Vegas, NV | TimD, I can help you with that. Private message me and let's get the ball rolling =0) |
Posted 10/07/08 12:50 PM
ismell
Littleton, CO | Island I'm totally up for it! |
Posted 10/07/08 12:52 PM
Michael Salvi
Elkins Park, PA | all our goods on the island will be made from hemp |
Posted 10/07/08 12:56 PM
MarilyninLakeJackson
Lake Jackson, TX | We will all need that island soon.
I fell asleep watching Bernanke, then woke up to George Bush, and before I was fully awake, I was dreaming it was my ex-husband spouting his nonsense at my church, and I walked out in embarrassment. Now, I gotta have a strong cup of coffee - or something. |
Posted 10/07/08 12:57 PM
CelticPaladin
Lexington, KY | I think Lew looks a little like Ben... no offense meant.
But maybe we can switch Lew for Ben Man in the Iron Mask style? Will anyone notice? (Other than the improved economic situation.) |
Posted 10/07/08 1:06 PM
GusCo
Dallas, TX | I think I think we all may ahve taken the wrong approach to this bailout fight. Rather than writing and calling our reps, we should have thrown them into a panel van like the Libs are doing the hobos in Ohio. Then we could stand over them as they vote. |
Posted 10/07/08 1:12 PM
MarilyninLakeJackson
Lake Jackson, TX | GusCo, it's true, and we have to wonder if all the cross-examing going on today in the House of the CEO's of AIG, etc. are just a show for our benefit. Maybe not. (?) |
Posted 10/07/08 1:23 PM
luciusETRUR
Lewisville, TX | I think the bigger problem is convincing people. This is a system that has been around longer than just my parent's generation, but my grandfather's, as well.
Abolishing the Federal Reserve, to me at least, is the most important issue, but at the time, is the single most difficult thing to do. Not only have people thrown their faith into, but they don't see alternatives.
If this turns into an economic panic, sadly, we may have a chance to rid of the fed. |
Posted 10/07/08 1:25 PM
BruceKoerber
Cedar Rapids, IA | Ben Bernanke is far, far from clueless. He knows exactly what he is doing. The problem, and why he is so full of anxiety, is that he is just a pawn (by his own ego-driven choice) of the unConstitutional coup and he knows that the moves he is making on the 'chessboard of tyranny' are easily trumped by the market powers. The only hope for the usurpers of the Constitution is to cheat and lie but more and more people are watching the chess game, it is even on the world stage!
At some point their only option will be to flip the table and declare themselves the victor!
That is when liberty will rise up and seize Bernanke and his overlords by their forelocks and put them in prison! (It appears that Paulson and Bernanke and Khashkari are trying to make it difficult to grab them by the forelock!) |
Posted 10/07/08 1:28 PM
Michael Salvi
Elkins Park, PA | i love this site...keep the message going folks...and i love you all...and i still love bernanke's beard...check out my blog on here and message me/leave comments |
Posted 10/07/08 1:30 PM
GusCo
Dallas, TX | MarilyninLakeJackson-
I think that the badgering of these CEO's is merely to sway the American people away from free market thinking. By painting these execs as the face of greed incarnate the government is justifying its existence to us. We are all supposed to go home and thank goodness that the government has stepped in to protect us from big business. None of us would dream of opposing all of the regulation to come now that we know that there are greedy monsters holding these offices in corporate America. |
Posted 10/07/08 1:34 PM
MarilyninLakeJackson
Lake Jackson, TX | GusCo, that was my feeling to. And some of them interviews also voted for the bailout bill. Go figure. |
Posted 10/07/08 1:36 PM
Daniel Schmid
Chicago, IL | Is it just me, or has there been a major drop off in activity ever since the website got updated? This is one of the first posts I've seen in a while that's gotten more than 20 comments...
I noticed you had to sign up again when the site was updated. Could that be part of it? |
Posted 10/07/08 1:38 PM
GusCo
Dallas, TX | Plus they'll all get together for beers to right the legislation.... Hope y'all are hungry, because we are going to be some pork-eating fools. |
Posted 10/07/08 1:38 PM
GusCo
Dallas, TX | Write* the legislation |
Posted 10/07/08 1:39 PM
Ranforevir
Knoxville, TN | Look at those pretty, manicured fingernails. I bet he doesn't even change his own oil. |
Posted 10/07/08 1:44 PM
GusCo
Dallas, TX | Tim, I'd love to help with content or anything if you can use me. |
Posted 10/07/08 1:51 PM
Johnny5
salem, WI | Ben bernanke just needs more input. |
Posted 10/07/08 1:57 PM
Ranforevir
Knoxville, TN | Johnny5 makes a pretty good point. Maybe we should have given $7 trillion. :P |
Posted 10/07/08 2:00 PM
Truthseeker
Santa Clara, CA | CLUELESS???
PERHAPS. WHAT IS
MOTIVATING THE MEMBERS
OF THE FEDERAL RESERVE
SHOWING THAT THEY ARE READY TO
LOWER INTEREST RATES?
STUPIDITY? TO AFFECT THE
PRESIDENTIAL ELECTION SO
AMERICANS WILL SEE ONE OR THE
OTHER CANDIDATE AS THE SAVIOR
OF AMERICA?
I ASK MYSELF WHICH CANDIDATE
WILL LEAD US FASTEST INTO BECOMING A
TOTALITARIAN COUNTRY AND DO THE MOST
HARM TO THE BILL OF RIGHTS? (YES,I CONSIDER
ONE IS A GREATER THREAT THAN THE OTHER.)
I HAVE ANSWERED THAT QUESTION
FOR MYSELF.
IN THE MEANTIME, SINCE CALIFORNIA'S OFFICIAL MAIL-IN
BALLOT FOR THE GENERAL ELECTION
DOES NOT HAVE THE NAMES OF CHUCK BALDWIN AND
DARRELL CASTLE ON IT I HAVE WRITTEN THEM IN.
|
Posted 10/07/08 2:06 PM
ohgodno
Brooklyn, NY | http://img220.imageshack.us/my.php?image=bernanke03cn6.jpg |
Posted 10/07/08 2:09 PM
rae 37066
Westmoreland, TN | Find a tall building and jump Ben!!!! |
Posted 10/07/08 2:32 PM
RoseEmmons
Las Vegas, NV | @rae 37066
Donkeys don't jump. They sort of shuffle along to the edge and then fall. =-P |
Posted 10/07/08 2:40 PM
alert
Houston, TX | Just before getting on this site I read various articles that were headlined by Drudge. One stated how the stock market was still falling. This is since yesterday when I read articles about the market falling which means it is continuing to. This obvious exposes the lie of the elites who trumpeted that everything would be rosy if only the Congress and Senate would further scam the taxpayers by passing the "bail out." Another article was the president of France stating that we need to have a new world. My husband who has been greatly educated by me knew immediately what that remark meant; The end of U.S. and other national sovereignty and the ushering in of the New World Order by the international elites!! Another article lamented the independent actions of certain nations in Europe who just refuse to be enslaved by the European Union!! |
Posted 10/07/08 2:43 PM
LibertyJedi
chicago, IL | I agree on the beard, we need to go all out in this up coming election and take votes i.e. inflict pain, it seems the only thing they will understand.... I also agreed that the worst thing we need now is this Ben monkey flipp'in all the levers,.... Watch’in the fed... it is like watching a group of kindergartners get into the cockpit of a 747 flip all the switches, look out the window and wonder why the plane is not taking off. In this case it is Ben and company, WAIT, flip that last switch and surely the economy will begin to take off :-) It really will be up to us, In Freedom, |
Posted 10/07/08 2:55 PM
Ginny Saville
Richmond, KY | Americans love to live swanky,
so we don’t really like Ben Bernanke.
He’s tough on the dollar,
makes me want to holler,
‘What is up with your rate hanky-panky?’
When I read about Mr. Bernanke,
I tend to end up kind of cranky.
He may be a scholar,
but he’s breaking the dollar.
I’ve pulled my cash out of the banky.
Bernanke's monetizing our debt,
but the worst hasn't been seen quite yet.
The economy slumped
and our dollars were dumped.
Hyperinflation is what we'll get.
Bernanke is Wall Street's best friend.
Sweetheart bailouts to them he will send.
We'll lose our shirt,
and grovel in dirt.
Wall Street criminals win in the end.
|
Posted 10/07/08 3:05 PM
AuthenticAuthor
Canutillo, TX | Ben Bernanke and his brethren remind me of fraudulent televangelists; the tougher things get, the more they beg. Of course, instead of persuading us to give them money, they're persuading us that it's okay for them to steal our purchasing power. From the looks of this picture, Ben must already know the gig is up.
It's a shame of the lack of overt outrage in this country towards the Federal Reserve and Capital Hill. We've warned the public for years; most did not listen. When our predictions were right, most did not heed our solutions. And again we can expect most Americans to be willfully ignorant of the real causes, of the real consequences. Sometimes it feels as if most people in general hate History, for it reminds them that we are a shizophrenic species.
Here's hoping that stupidity and greed are no longer tolerated. |
Posted 10/07/08 3:51 PM
Buster
Las Vegas, NV | Wait a minute the bailout money is being funneled into short term financing not mortgage backed securities? Would the bailout have passed if they said they wanted 700 billion to inflate the sock market?
Doesn't that mean Bernanke is bidding stock prices beyond their value with tax payer money and providing hand outs?
The government is purchasing private organizations on the stock market with tax payers money. That means the government is using our money to take ownership in private corporations, if they are not taking ownership in the shares what are they paying for.
If the government owns the financial interments with voting rights doesn't that mean they can manage the company and change to board and president of private organizations they can buy enough stock in to control? it would be like a private person owning 2/3 of a companies stock therefore they printed up money to socialize America just great. diluting their share of ownership, owners of those organizations that are paying tax the government is using to leverage them out of their property? |
Posted 10/07/08 4:30 PM
onesquarelight
Mechanicsburg, PA | Thanks for the mention of the movie;
FIAT EMPIRE: Why the Federal Reserve violates the U.S.
Constitution.
I'm watching it now. Everyone who has not watched this movie I urge you to.
Find it here
http://video.google.com/videoplay?docid=5232639329002339531 |
Posted 10/07/08 4:44 PM
onesquarelight
Mechanicsburg, PA | Each of us needs to Digg these blog posts. |
Posted 10/07/08 4:44 PM
Ranforevir
Knoxville, TN | SEND THE FED YOUR COMMENTS ABOUT THE BAILOUT!!!
http://www.federalreserve.gov/newsevents/press/bcreg/20081007a.h tm
For immediate release
October 7, 2008
Agencies Seek Public Comment on Proposed Rulemaking to Lower Risk Weights for Claims on, or Guaranteed by, Fannie Mae and Freddie Mac
The federal bank and thrift regulatory agencies announced today that they will request public comment on a joint notice of proposed rulemaking (NPR) to allow a banking organization to assign a 10 percent risk weight to claims on, and portions of claims guaranteed by, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Claims include all credit exposures, such as senior and subordinated debt and counterparty credit risk exposures, but do not include preferred or common stock.
The agencies believe reducing the risk weight from the current 20 percent is appropriate in light of the financial support the Treasury Department announced in September to provide to Fannie Mae and Freddie Mac through senior preferred stock purchase agreements. Under the proposal, the 10 percent risk weight would apply as long as these agreements remain in effect.
The NPR is being issued by the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision. Public comments are due 30 days following publication in the Federal Register, which is expected soon. The draft Federal Register notice is attached.
Media Contacts:
Federal Reserve Deborah Lagomarsino 202-452-2955
FDIC David Barr 202-898-6992
OCC Kevin Mukri 202-874-5770
OTS William Ruberry 202-906-6677 |
Posted 10/07/08 5:13 PM
MarilyninLakeJackson
Lake Jackson, TX | Off Subject, but shouldn't someone fix that video so that it doesn't keep playing over and over again? |
Posted 10/07/08 5:42 PM
C00kieM0nster
Oxnard, CA | Island? Will there be cookies!?
...and beer.
...not necesarily at the same time. |
Posted 10/07/08 6:09 PM
WILL WORK FOR PEACE
Idaho falls, ID | The beard and manicure are almost perfect. I'll give him a 9.5 on grooming.
... and I vote cookies first, then beer. |
Posted 10/07/08 6:56 PM
Andrew76
Ballwin, MO | Man, I'm just assuming that people will automatically think, "Wow... if it's this bad now, imagine what it would've been like if Ben Bernanke and Secretary Paulson hadn't been there to help us! Poor Bernanke and Paulson having to battle those greedy capitalists!"
Maybe I'm just too cynical, or perhaps just prepared for the worst.
The word needs to get out, and out, and out, that what is happening has ***nothing*** to do with free market capitalism. It is in fact a total lack of free market capitalism that's lead us to where we are now. I want to pull my hair out everytime NPR "news" mentions or leans toward the notion that this is all somehow due to greedy wall st. investors running unhinged through the market, or that this is due to G.W. Bush's "deregulation" of the market. Uhm.... THERE HASN'T BEEN ANY F***ING DEREGULATION, IDIOT!!! The last "deregulation" was in fact passed by Clinton, not Bush.
Free markets? We haven't had them for over 100 years. |
Posted 10/07/08 7:56 PM
deadpeoplesjunk
st petersburg, FL | Don't cry Ben! you'll get tears on your rolex president! Wait, or is that the patek that paulsen gave you for all your work in conning the congress to pass the bailout?
[sorry moderator, i just had to say it, won't happen again]lol
Rick |
Posted 10/07/08 8:11 PM
Jaycen
glendale, AZ | Pledge now to open debate for third party candidates
http://www.thirdpartyticket.com/ |
Posted 10/07/08 8:47 PM
scotty
Mount Juliet, TN | Lawson is 4/5 away from the goal! Consider giving if you haven't. I just gave $100. Anyone else?
Wouldn't it be great to have someone else like Paul in Congress?
http://www.lawsonforcongress.com |
Posted 10/07/08 9:23 PM
TimWhite
Cheshire, CT | Greenspan is a smart guy. He knows fiat money doesn't work:
"Some mechanism has got to be in place that restricts the amount of money which is produced - either a gold standard or currency board or something of that nature - because unless you do that all of history suggests that inflation will take hold with very deleterious effects on economic activity." - former Fed Chairman Alan Greenspan, October 2007 (on FOX Business)
http://www.youtube.com/watch?v=z5MVsm2cpc0 |
Posted 10/07/08 9:29 PM
SonOfLiberty4
Devastated, CO | The following was written 217 years ago - Now we understand!
I consider the foundation of the Constitution as laid on this ground: That "all powers not delegated to the United States, by the Constitution, nor prohibited by it to the States, are reserved to the States or to the people." To take a single step beyond the boundaries thus specially drawn around the powers of Congress, is to take possession of a boundless field of power, no longer susceptible of any definition.
"The incorporation of a bank, and the powers assumed by this bill, have not, in my opinion, been delegated to the United States, by the Constitution... They are not among the powers specially enumerated..."
Opinion on creating a National Bank (1791), also quoted in The Writings of Thomas Jefferson "Memorial Edition" (20 Vols., 1903-04) edited by Andrew A. Lipscomb and Albert Ellery Bergh, Vol. 3, p. 146
|
Posted 10/07/08 9:58 PM
JayGreene
Clearwater, FL | True or just Hype? It is compeling and sickening...You decide?
U.S. SHIPS 800 BILLION "AMEROS" TO CHINA; PREPARES TO DE-MONETIZE U.S. DOLLAR!
http://www.mediatakeout.com/users/HUEmanbro/49004/us_ships_800_billio n_ameros_to_china_prepares_to_de-monetize_us_dollar |
Posted 10/07/08 10:02 PM
JayGreene
Clearwater, FL | True or just Hype? It is compeling and sickening...You decide?
U.S. SHIPS 800 BILLION "AMEROS" TO CHINA; PREPARES TO DE-MONETIZE U.S. DOLLAR!
http://www.mediatakeout.com/users/HUEmanbro/49004/us_ships_800_billion_amero s_to_china_prepares_to_de-monetize_us_dollar |
Posted 10/07/08 10:04 PM
Wadesc
Houston, TX | Hey guys,
Federal Reserve Facepalm!
In all seriousness. We may be entering very tough times. Who knows where this nation will be a year from now, let alone next week. |
Posted 10/07/08 10:27 PM
JayGreene
Clearwater, FL |
Berg vs. Obama, Civil Action No. 08-cv-4083
, seeking a Declaratory Judgment and an Injunction that Obama does not meet the qualifications to 2 be President of the United States. Berg filed this suit for the best interests of the Democratic Party and the citizens of the United States.
Philip J. Berg, Esquire stated in his lawsuit that Senator Obama:
1. Is not a naturalized citizen; and/or
2. Lost his citizenship when he was adopted in Indonesia; and/or
3. Has dual loyalties because of his citizenship with Kenya and
Indonesia.
http://groups.google.com/group/misc.legal/browse_thread/thread/1b2e5c9 73e2e80aa |
Posted 10/07/08 10:32 PM
JayGreene
Clearwater, FL | WE MUST CONTACT OUR STATE REPS TO CONFIRM IF THE ABOVE SHIPMENT IS TRUE? |
Posted 10/07/08 11:24 PM
Two-if-by-Sea
Wakefield, MA | hey, it's okay everyone. McCain and Obama both made it clear that they were going to fix the economy up. You know, let's just regulate some more, let the fed do its thing. It'll all be fine in a bit.... exactly why neither one of the bastards will get my vote! |
Posted 10/08/08 12:24 AM
CraigThompson
Miami Beach, FL | new candidate for President!
www.craigthompson.us
|
Posted 10/08/08 12:57 AM
luciusETRUR
Lewisville, TX | We have been turning towards Socialism since the beginning of the 20th century. |
Posted 10/08/08 05:51 AM
An Individual
Allison Park, PA | So I realized yesterday that Ludwig von Mises himself briefly mentioned my grandfather in one of his articles and said this of him:
"[If his plan works], a plain citizen will have contributed to the welfare of the nation and its manual workers more than all the learned advisers of the Administration and all the members of the innumerable government agencies."
Why am I mentioning this? Because the context in which this was written, namely that of the relationship between unemployment and inflation, seems as though it could have been written today, for the most part.
I quote:
"Moreover it must be remembered that inflation is not a policy that can last. If inflation and credit expansion are not stopped in time, they result in a more and more accelerated drop in the monetary unit's purchasing power, and in skyrocketing commodity prices until the inflated money becomes entirely worthless and the whole government-manipulated currency system collapses."
Ouch. My guess is that Secretary Paulson and Chairman Bernanke must have been absent on the day of this lecture...
He goes on to mention my grandfather as an example of how citizens are able to make a difference without some form of regulation, whether government or otherwise, by finding a way in which to work within the market conditions.
-AI |
Posted 10/08/08 06:49 AM
John Randolph
Cupertino, CA | BJ Lawson said it best: if it were possible to stimulate an economy by inflation, then Zimbabwe would be the richest country on earth.
It's not enough to fire Ben Bernanke. The Fed must go.
-jcr |
Posted 10/08/08 08:12 AM
illuminatidvds
lake park, FL | Great Post... I've read a lot of posts on here and it only backs up the information I found on this web site...
http://www.illuminatidvds.com
Keep up the good work! |
Posted 10/08/08 08:14 AM
illuminatidvds
lake park, FL | Great Post... I've read a lot of posts on here and it only backs up the information I found on this web site...
http://www.illuminatidvds.com
Keep up the good work!!! |
Posted 10/08/08 08:19 AM
ScottFox
Atlanta, GA | He's certainly not 'Clueless', he knows exactly what he's doing. |
Posted 10/08/08 08:37 AM
FederalBetrayal
Sutton, MA | I'm convinced that Bernanke is a total moron, and only knows how to cut rates. What we need is to establish a banking alliance to get the Liberty Dollar in circulation. What the banks do, businesses--both small and large--will follow |
Posted 10/08/08 09:53 AM
MikeAngelo
Thornton, CO | Clueless was not the first thing that came to my mind when I saw this photo, It was CRIMINAL. |
Posted 10/08/08 10:11 AM
CharlotteJuett
Genoa, NE | I agree with the gal who posted that there seems to be a BIG decrease in the amount of traffic that this site gets. The having to resign up probably caught a lot of people flat footed and the kicker was the $35.00 dues to be a precinct captain and get privileged info from the site. |
Posted 10/08/08 12:26 PM
Maverick21
Olathe, KS | I like the firewashington.com idea. One other thought. Possibly on that site or some other media, like billboards, someone could research and post what Bernacke and Paulson and the rest of the crooks involved did with their investment dollars before and after the bailout. The public deserves to know who profited from inside information.
A general comment...The Internet is great and all, but you have to convince people to actually navigate to and read articles on various sites. And as stated on other blogs, if you mention RP many people tune out. On the otherhand, people read billboards whether they like it or not. Billboards, although an "old" technology, might work for getting the general public to wake up and begin to see what is happening out there or at least to begin to question things and will then seek out the websites and articles necessary to inform them.
Just a thought.
AJ |
Posted 10/08/08 12:43 PM
Maverick21
Olathe, KS | I feel really stupid, but could someone tell me why "banned from commenting on your posts" is showing up on so many postings?
Thank you |
Posted 10/08/08 6:58 PM
fadestyle
Walnut Bottom, PA | Is the Federal Reserve Engaged in Acts of Economic Warfare Against America?
Mike Adams
Natural News
October 8, 2008
In 1942, German intelligence officers rounded up skilled Jewish prisoners and launched Operation Bernhardt, a clever scheme designed to counterfeit hundreds of millions of dollars worth of British Pounds and destroy the British economy by flooding it with counterfeit money. Located in the Sachsenhausen concentration camp, Operation Bernhardt was, even by modern standards, a runaway success that resulted in the creation of forged bank notes worth 132 million British Pounds.
This “economic warfare” operation resulted in a devastating economic effect on the British economy. You can read the true history of this operation here: http://en.wikipedia.org/wiki/Operation_…
It is important to note that Operation Bernhardt was an act of war, specifically pursued for the purpose of destroying Britain’s economy by creating so much new money that the value of the money already in circulation would plummet. This was considered a strategic attack, just as effective as carpet-bombing tank factories or mowing down soldiers on the field with German-made MG42 machine guns.
What does all this have to do with the Federal Reserve?
Today, the Federal Reserve is engaged in an eerily similar operation, counterfeiting trillions of dollars in U.S. bank notes and flooding the U.S. money supply with money created from nothing. The result, of course, is the same as was intended by Operation Bernhardt in 1942: The economic destruction of the target nation. Only this time, the target is the United States of America.
If this is an act of war? what do we do about it? |
Posted 10/08/08 8:17 PM
boggy b
Durham, NC | Took the liberty of a little modification:
http://filer.case.edu/msd16/images/bernankedoh.jpg
/Spread it |
Posted 10/09/08 2:21 PM
elfroggo
Camas, WA | He should step down. He is a disgrace just like everyone else heading up this collapse. I do agree with others that his beard is very nice, although he looks like he ate too much chili the night before in the picture. |
Posted 10/09/08 7:28 PM
galvestoncondo3114
galveston, TX | We have a Ron Pualette running for the US senate seat from Texas. Her name is Yvonne Schick.
She is opposing the incumbent Cornyn - WHO VOTED FOR THE TRILLION DOLLAR RIP-OFF.
Yvonne espouses Ron Paul ideals and referred to him several times in the debate tonight.
See her website: http://www.schickcampaign.com/ - she advocates all of Dr. Paul's views.
Please spread the word - we need to take Cornyn's seat! |
Posted 10/09/08 8:19 PM
telefriend
Medford, OR | There will be no mercy shown towards Godfathers of fractional reserve banking, no matter how much they have studied the Great Depression. |
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