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View Full Version : Bernanke Reappointed .... Ugh.




haaaylee
08-25-2009, 02:56 PM
http://www.abc.net.au/news/stories/2009/08/26/2666815.htm?section=world

Bman
08-25-2009, 02:58 PM
You didn't think they'd really replace him did you?

haaaylee
08-25-2009, 03:00 PM
No, but it is still depressing to hear outloud . ..

purplechoe
08-25-2009, 03:30 PM
No, but it is still depressing to hear outloud . ..

What's the point though, like Ron said... "You replace one central banker with another, what's the difference?"

Don't fret. Lets make sure that Bernanke is the last one!!!

http://images.chron.com/blogs/lorensteffy/bernanke.jpg

MyLibertyStuff
08-25-2009, 03:34 PM
thank god

surf
08-25-2009, 03:49 PM
"The U.S. government has a technology, called a printing press... that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation."

- Helicopter Ben Bernanke

fr33domfightr
08-25-2009, 08:48 PM
This guy has to go through another confirmation hearing, as reported by CNN.

Let me guess what some dialog might be, "What do you think about HR1207?" Bernanke, "I'll bring more transparency, don't worry, you don't need to pass HR1207..."


FF