Now THIS should be an interesting Fed meeting. What do you think Shock & Awe Helicopter Ben will do this time?

Even though HP'ers predicted it, I'm still amazed at the incompetence or corruption of Bernanke cutting 3/4 point one hour before the stock market was about to open down big last week.

"Stop stock prices from falling on any given day" was NOT part of the Federal Reserve Act as I read it.

But, this is who we have in charge of the world today. And nobody should be surprised, like Hitler's Mein Kampf, Bernanke told us in advance through his writings before he was Fed Governor what he was going to do, and now he's doing it, and everyone acts shocked.

Meanwhile, central bank heads around the world don't play follow the leader this time, knowing if they did they'd send inflation soaring in their own countries, and their currencies plummeting. You know, like the United States. Hey, you see that gold price yesterday? Nuff said.

I think he cuts again, which really makes no sense as he just cut a few hours ago. But that's what the stock market and bankers wants, so that's what their "moral hazard? what moral hazard?" poodle will do. And this meeting should tell you everything you need to know about Bernanke. Don't fight him I say. Join him. And enjoy The Next Bubble, whatever it is.

Time for Bernanke to 'man up' - The Fed needs to show Wall Street that it - and not the markets - is calling the shots.

NEW YORK (CNNMoney.com) -- "This was a sad day for Bernanke," a bond fund manager told me the day after the Federal Reserve cut interest rates by an aggressive half-point back in September.

The manager's argument at that time was that the Fed chairman was showing that it could be bullied by Wall Street.

Since then, the Fed has gotten even easier to push around. The central bank's dramatic three-quarter of a percentage point rate cut last Tuesday was the equivalent of shoving a pacifier in a crying baby's mouth.

US Dollar: "Ben Bernanke and George Bush, why do you hate me so?" Are we on the verge of a total US dollar collapse?

Never thought it'd happen so quick, but it appears the US dollar is going into crisis mode now.
* OPEC talking about moving out of the dollar.
* China talking about getting their reserves out of dollars.
* The Fed lowering interest rates in panic mode, intentionally destroying the dollar.
* Bush and Paulson doing absolutely nothing to protect the currency.
* Supermodels and rappers saying no more dollars.
* Countries with dollar-pegs experiencing hyper-inflation and about to pull the plug
* The dollar hitting record lows against other currencies on a daily basis.
* Americans clueless, some thinking this dollar destruction is a good thing

At what point HP'ers do people around the world throw in the towel and rush out of dollars like Phoenicians are rushing out of condos? At what point does this free-fall turn into a rout? And isn't it amazing that housing panic has led to dollar panic?

Nov. 20 (Bloomberg) -- The dollar fell to a record low against the euro and the Swiss franc on speculation a U.S. government report will show a deepening property slump, prompting the Federal Reserve to lower interest rates.

The dollar declined against 13 of the 16 most-active currencies as economists forecast Commerce Department data today will show U.S. housing starts dropped to a 14-year low in October. Losses in the dollar also accelerated on speculation Middle Eastern nations will consider changing their fixed exchange rates to the U.S. currency.

``The dollar is hard to buy,'' said Motonari Ogawa, vice president for interest-rate products and foreign exchange in Tokyo at Morgan Stanley, the world's second-biggest securities firm. ``The markets are fixated on today's U.S. housing data.''

Here's Ron Paul punking the traitor Ben Bernanke on Moral Hazard and the destruction of the US dollar

It's really too bad that most Americans are too dumb or too misinformed to understand this issue, or how The Fed's decision to destroy the US dollar will affect their lives.

America the country deserves leaders like Ron Paul. The current ignorant inhabitants of America do not.