October 19, 2007

Ben Bernanke youtube parody. Who ever thought we'd have common people criticizing the Fed chief for LOWERING rates.



The Big Bernanke Put will go down as the most shameful, corrupt and stupid Fed move of all time. Even people on main street will come to understand that soaring prices and massive dollar devaluation are NOT in the nation's (or their) best interests.

Screw Ben Bernanke. When the nation needed a Volker, and a strong and independent Fed chief, we got a corrupted kiss ass owned by the banks, Bush and Wall Street.

You should have no confidence in the American dollar or credibility of the financial markets going forward.

10 comments:

Anonymous said...

http://news.yahoo.com/s/ap/20071018/ap_on_bi_ge/oil_prices;_ylt=AruHFnuAVqfG6j2nA3x8eKSs0NUE

NEW YORK - Oil prices surpassed $90 a barrel for the first time Thursday as the falling dollar drew new foreign investors and speculators to dollar-denominated energy futures.

Light, sweet crude for November delivery hit $90.02 in electronic trading Thursday evening before returning to around $89.60. Earlier, prices had risen $2.07 to settle at a record $89.47 on the New York Mercantile Exchange.

While oil prices have risen sharply in dollar terms in recent days, the steadily weakening dollar means oil futures are seen as a bargain overseas. Data released in recent weeks shows speculative buying of oil futures is on the rise. Buying by foreign investors sends prices up, which draws more speculators into the market.

Edgar said...

We were counting on Ben to do the Volker, instead he did the Triple Lindy. Rot in hell, BB. Maggot.

Anonymous said...

BACK TO THE BARTER SYSTEM!!!!




if her dadies rich take her out for a meal

if her dadies poor just do what you feel

LauraVella said...

After hearing all the interest rate cut talk last month, I still didnt believe Bernanke would cave in to his wall street friends, to kill the dollar - but he did.

After seeing that, I don't think he'll pull a Volker (and raise rates) until late next year.

I locked up some monies in 13month CD's, we'll see if that was a good decision....

LauraVella said...

It sounded so much like a real commercial, especially with the cork pop at the end!

Anonymous said...

"Other unique Berkshire Hathaway financial risks include Buffet's $21 billion currency bet against the U.S. dollar. He notes that, “We may be wrong and, if so, our mistake will be very public.” Berkshire Hathaway is also the biggest shareholder in Moody's, providing Buffet media clout over all corporations and investment firms."

US Dollar...Moody's...Buffet....hmmmm

Exit said...

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tips to Doctor Housing Bubble

Andy in San Diego said...

"The Big Bernanke Put will go down as the most shameful, corrupt and stupid Fed move of all time."

Oh, ye of little faith. You don't think he'll follow it up with something even more stupid?

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