Ben Bernanke helped lead nation out of crisis: And if you believe that there is a bridge to the moon we’d like to sell you. Of course after QE Infinity you could probably build your own bridge to the moon just so long as you were willing to part with a loaf of bread’s worth of federal reserve notes.
This post was last modified on October 10, 2013
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If you consider going from a "Crisis" to devaluing the dollar, and loss of our reserve currency status. This is going to make what happened to the weimar republic look like a good time.
sometime, last year, my ebt allowance was $85, then they lowered it and to 58, last month i got a letter sayin it was going up to 63, this month i got another letter sayin it's 50. NOW, the question I have, for all y'all who are smarter than me in economics, Is this a sign of stability, or crisis? Explain your answers. :)
OH and my SDI is still under 1K.
You need to read 1984, it's all explained there.
Simply stated, your chocolate ration was increased from 85 grams to 50 grams.
Yea right and I can leap over building in a single bound.
Bernanke did nothing but put this country on the express lane to financial ruin. He and Paulsen need to be tried for fiduciary malfeasance. At some point the money presses are going to have to stop and then watch the hyper inflation kick in. Followed right behind with stagflation. For those who don't remember that Carter mess. It's where goods and services prices skyrocket and your wages remain stagnant or are reduced. Car loans where @ 20%, home loans where impossible to obtain.
That seems to be in line with what the O-team's policies are aiming the country toward. This administration, cabinet, court, and congress should produce a bumper crop of defendants.
"This administration, cabinet, court, and congress should produce a bumper crop of defendants."- or targets.
Yes but the problem with that is it feeds into their anti second amendment agenda- don't underestimate their willingness to sacrifice a few of their own to achieve and end goal... there's more than one similarity they have with the militant muzzies they're so fond of.
Targets of disdain?
What's the muzzle velocity and caliber of that disdain?
1850 fps
.357 magnum
Good times, if you're a Progressive.
California's government seems to have liked the crisis, and has decided to stay.
We're out of the crisis? Could've fooled me!
From crisis to calamity... if that helps.
From the frying pan to the cremation incenerator!
LOL. What is up with all the thumb downs? I think you've got a fan.
I must be doing something right, I'm torqueing off the libtards!
Interesting chart that accompanied the article, although Yahoo failed to explain why Bernanke's performance was so much below that of Greenspan and Volcker.
Listening to Greenspan speak was a surefire cure for insomnia, but at least he didn't make us all worry about the economy crashing, and the world going nuts.
If you consider a sound fiscal policy a crises, then ol' Ben sure saved us.
Plucked from the perilously calm seas of evil stability and taken safely to nurturing gale of doom.