Bernanke: We are Printing.. No, We are not Printing
Remember? This guy was the Time Magazine’s Person of the Year 2009. Watch this classic from Jon which rips apart the credibility of this crackpot…
Bernanke
A Must Must Watch (Funny Take on the Fed)
You must watch this – It sums up all my economic rants in less than 7 min.
Fed’s $600B (on top of 2009’s $1.5T) QE 2, a.k.a Printing
More on this loony action by Bernanke, the crackpot No 2 (No 1 was Greenspan) later. For now , check this pic, which I stole…
Rubber Band Economy
What is a rubber-band economy? Imagine the rubber material to be hard cash (currency in circulation) – notes, coins etc outside the central banks and…
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Low Interest Rate Policy is a Dangerous Gamble: Says One of Them
Two days after I said that Feds are continuing their war on savers, one of the Fed governors came out and more or less agreed…
Jim Cramer at it Again: Yesterday, He Said “Buy”, and the Market Down 260 today
Long before Before Jim Cramer became a TV icon, he used to participate on Silicon Investor bulletin board. Circa 1998-2000 I had a few nasty…
“Congratulations America, You Now Own Red Roof Inn!”
I despise the Federal Reserve Board with a passion. Especially the Fed under Greenspan and Bernanke. The right anger has to be aimed at the…
Bill Fleckenstein on Heath Care, Fed Printing and More
Question: How do you solve alcohol addiction? Answer: Give the addict heroine! Don’t laugh – this is the solution of the US Federal Reserve Board…
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Explaining AIG: Leave it to Stewart
Two years of business school education, and decades of experience in dealing with worthless securities is not enough to understand the complexities behind AIG bailout….
Give What We Want or Else…
It is irrelevant which party is in power, the modus operandi is the same. Give us what we want, or else markets will tank! What we know from this process is that it is not the elected officials who are in charge. This is no democracy. This is an oligarchy. A bunch of fat cat bankers and large corporations are in charge. Not the Congress. Not the President.
Person of the Year, huh?
Time wants us to believe that Bernanke saved us from melt-down, but I think time will tell us a completely different story: Bernanke’s cure is worse than the disease that was ignored even caused/spread by Greenspan’s Fed.