Congrats - you're now Ben Bernanke. What do you do?
May 09, 2006
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A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
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12 comments:
Shave and a haircut?
Kudos keith for pulling your recent posts on osman and condoflip.......those posts were a little over the line IMHO.
Does Ben have papers, he looks like a Mexican?
Call in an airstrike on Greenspan for leaving behind such a mess.
Resign
I would give the wealth ample time for them to get out of the US$ dominated assets while I am pumping M3 even crazier than those in Weimar Republic in 1923.
Then, I would render the total collapse of the entire middle-class so that they can be drafted to fight in upcoming resource wars.
I would definitely play the key role of transforming the current system into a total facist one, so that I can please my masters.
and finally, I would make sure a painful death of the empire.
As Ben Franklin said, "We give a republic if you can keep it." Sorry Ben, we are unliky to keep it.
Ban negative amort loans. Then raise capital requirements on real estate loans by banks. That would starve capital out and force a recession without raising interest rates.
But raise int. rates 50 basis points anyway.
Ban negative amort loans
You know that guy smokes pot. And you know pot causes brain damage.
Get a hummer from the "Money Honey" in wxchange for her next big scoop?
Shoot myself it's hopeless
or ask for a raise because I can't afford a decent house - even on my salary!
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