Karl Denninger calls out Ron Paul - "No more excuses!" [Archive]

fgd

12-09-2010, 05:29 PM

With the naming of Paul to the subcomittee, Karl Denninger has called him out - he says that there should no longer be any obstacles behind getting some answers out of Bernanke and holding his feet to the fire.

http://market-ticker.org/akcs-www?post=174523

So now we find out - does Mr. Paul have a sack?

And more importantly, is he willing to go where we must if we're going to drain this swamp - to use the "F" word ("Fraud"), to use the "C" word ("Criminal"), to use the "I" word ("Indict") and to use the "P" word ("Prosecute")?

We shall soon see.

I'm kind of inclined to agree - Ron's questioning of Bernanke tend to be less questioning and more speechifying. Ron has multiple times mentioned "what questions we're not allowed to ask" as part of the reasoning why he hasn't held the line and fored answers about swap agreements et al., but has not produced who made this list of questions and what is in it.

I asked Karl what he would have Paul do, and here it is.

http://market-ticker.org/akcs-www?singlepost=2305375

As for the first steps, it's simple: You nail him with every one of his lies, including the events that are arguably perjury in front of Congress, and demand that he answer for it or resign.

You also call him on the lies on 60 Minutes, and additionally ask him to defend the obvious problem with collateral on these TAF loans that I've documented. Then you ask since The Fed is these institutions' primary regulator where is the collateral now, how is it being carried in terms of value now, what was it since he didn't disclose the specific collateral that was posted, and was The Fed knowingly lending to insolvent - not illiquid - institutions - which is EXPLICITLY ILLEGAL. If he says he was not, ask him to prove it given his own haircuts and hit him with a Subpoena Duces Tecum demanding he show his work and evidence it along with every similar piece of collateral at that bank (he can't defend that and he knows it.)

On monetary policy generally it's even simpler. The Fed's enabling law says STABLE prices. Stable = unchanging. Demand he answer how "Stable" = 2% inflation annually, show a chart of it over 50 years, and ask for him to defend it again. Then take the credit and GDP growth charts and ask him to defend THAT, since the mandate requires him to control CREDIT AGGREGATES.

That's a good start and ought to consume several hearings. If Bernanke survives that hearing I've got plenty more where that came from.

And I bet Ron Paul will not do ANY of it.

If he does, The Fed as currently operated is DONE.

IMHO, we need to push this out to C4L and other PACs, and get this to Ron's desk as well. Time for WAR!

specsaregood

12-09-2010, 05:32 PM

qh4dotcom

12-09-2010, 05:43 PM

Hate to say this but Alan Grayson is more qualified to be the chairman than Ron.

specsaregood

12-09-2010, 05:46 PM

Hate to say this but Alan Grayson is more qualified to be the chairman than Ron.

Only if ethics and principles aren't part of the equation. And one could argue that lack of those is what got us into this mess.

paulpwns

12-09-2010, 05:47 PM

Who?

RP has spent his entire life fighting the fraudulent monetary system and this clown comes out and decides to tell HIM what to do?

Give me a break.

Guitarzan

12-09-2010, 05:51 PM

JoshLowry

12-09-2010, 05:53 PM

Karl should document it all up detailed and referenced and then send it to Dr. Paul's office.

Seriously.

Karl could have come up with a packet of questions instead of a ranting blog post.

fgd

12-09-2010, 05:55 PM

I'm actually inclined to agree with Karl here, Paul hasn't done a lot with the time he's been given with Bernanke in the hot seat, and I'd like to see him step up.

devil21

12-09-2010, 05:57 PM

Seriously.

Karl could have come up with a packet of questions instead of a ranting blog post.

That's what he's good at. Not much else.

jmdrake

12-09-2010, 05:58 PM

Can we wait until the first hearing before we start finding more grey clouds in our silver lining?

RonPaulFanInGA

12-09-2010, 05:59 PM

http://img148.imageshack.us/img148/1872/131004789.jpg

Yieu

12-09-2010, 06:13 PM

Yeah, it would be prudent to give explicitly detailed suggestions (within the realm of possibility for the chair of course) before turning to criticism.

Rael

12-09-2010, 06:18 PM

I think he meant that Grayson is a better interrogator than Paul. Which I would have to agree. After all Grayson was/is an attorney I believe.

Paul is much more qualified, but he does need to buck up, and, maybe, not be so much of a gentleman when questioning. I think he will.

I wish RP would be more aggressive with this as well as on the campaign trail, although it's not really in his nature. I think he's more effective when he gets a little mad.

Rede

12-09-2010, 06:26 PM

Ron Paul has said that he does not like to go back and forth with Bernanke, and instead 'speechifies', because once he asks a question the rest of his time will be used up. At that point he's just allowing Bernanke to say what he wants and the good Dr. can't make his point.

Correct me if I'm wrong, but as chairman can he not take as much time as he likes? If he can, I presume you will see more pointed questions.

Liberty_Mike

12-09-2010, 06:30 PM

Although Grayson got booted from Congress, I wonder if he could still help Ron analyze documents and figure out some good questions that Ron could throw his way. Grayson was really good at that.

raystone

12-09-2010, 06:37 PM

HOLLYWOOD

12-09-2010, 06:45 PM

I think he meant that Grayson is a better interrogator than Paul. Which I would have to agree. After all Grayson was/is an attorney I believe.

Paul is much more qualified, but he does need to buck up, and, maybe, not be so much of a gentleman when questioning. I think he will.

Ron can hire Alan Grayson as a consultant and interrogator in January... Grayson's schedule is wide open starting the new year.

Enough of the Denninger BS... he's 110% Gas Bag and user of other people's intellect and research for his own crusades.

sailingaway

12-09-2010, 06:45 PM

Because between RON PAUL and KARL, ANYONE would pick KARL to protect them against the Fed?

Ron had a 5 minute limit before and Bernanke filibustered him if he asked a quick question so he used the time to make his OWN speech then ask a quick question at the end.

I'm pretty sure time limits in subcommittee will be a thing of the past for him now.

:D

And Ron HAS used the 't' word "Theft" and the 'f' word "fraud" and the C word "unConstitutional" and the M word "immoral".

Karl just hasn't been paying attention.

Koz

12-09-2010, 07:04 PM

If supoenas do have to be approved by the speaker, hearings aren't happening. Considering the dissappointment that was the Audit the Fed bill, nothing substantial will get through Congress either. Dr. Paul may get a few good headlines taking the Fed to the woodpile. Let's face it, this will likely not affect the Fed's operations. Now, if we can get competing currencies legalized, that's a whole different ballgame.

I tend to agree with you, but don't forget politicians need a scapegoat. Bernanke is an easy scapegoat no matter how much the banksters give to Boner. If he (Boner) is under fire for the economy he could start blaming the fed, especially if the public discontent against the fed continues to grow.

These guys want to get elected above all else. If there is pressure to audit the fed from the people we may yet see some progress.

Don't give up hope yet. We have a long way to go, but we do have a little momentum. Crap, even two years ago I was totally ignorant about all of this stuff.

People are learning the truth every day. Once you learn the truth you don't go back to being ignorant. We just have to educate a lot more people.

TonyFromTheBronx

12-09-2010, 08:22 PM

Ron's intellect with Grayson's balls would be an ideal Chairman.

I hate to say it, but Ron will be nothing more than a nuisance to Bernanke. Ron's too old and to meek for what needs to be done.

Michigan11

12-09-2010, 09:03 PM

olehounddog

12-09-2010, 09:42 PM

I'm actually inclined to agree with Karl here, Paul hasn't done a lot with the time he's been given with Bernanke in the hot seat, and I'd like to see him step up.

Ben would talk in circles and burn up time.That's how he makes his living. I remember hearing Ron say the time to question was so short that he thought this was the best use of the time.

jtstellar

12-09-2010, 10:03 PM

Hate to say this but Alan Grayson is more qualified to be the chairman than Ron.

a person who rants on and on about government taking over health care and class warfare would have any credibility while grilling bernanke? are you using that brain even
you support the public option or something? you on a dole? i don't see how you support grayson otherwise.

jtstellar

12-09-2010, 10:05 PM

Ben would talk in circles and burn up time.That's how he makes his living. I remember hearing Ron say the time to question was so short that he thought this was the best use of the time.

and of course i suspect many people watch like ~30 clips of ron paul then just chat away rest of the time remaining totally clueless about any actual indepth knowledge.

vita3

12-10-2010, 01:16 AM

Ron is getting a nice oppurtunity in Congress..especially compared to the 5 minutes he's had in the past.

I'll keep my gunpowder dry, until we see what the good Dr. does

daviddee

12-10-2010, 01:56 AM

...

qh4dotcom

12-10-2010, 02:17 AM

a person who rants on and on about government taking over health care and class warfare would have any credibility while grilling bernanke? are you using that brain even
you support the public option or something? you on a dole? i don't see how you support grayson otherwise.
Grayson is shooting himself in the foot by attacking the Fed....without the Fed monetizing debt, where is the money for the public option going to come from?
Also remember that the liberty movement patriots supported the socialist Bernie Sander's Audit the Fed bill.

JoshLowry

12-10-2010, 02:26 AM

If he does not accomplish anything, he will be written off into the dustbin of quacks that screamed loudly, but accomplished nothing.

Garbage.

Just because he's been one of the few pulling for liberty in this tug of war for power doesn't mean he should be discounted if the rope doesn't move for another 10 years. His efforts may have kept factions of our government from falling over the edge of an authoritarian cliff. Who knows what his butterfly effect will carry out for generations to come.

Would you rather Ron Paul retire 20 years ago? I hate to think how little I would know if it were not for him.

LibertyEagle

12-10-2010, 03:25 AM

Hate to say this but Alan Grayson is more qualified to be the chairman than Ron.

That's absolutely ridiculous. I doubt Grayson would know much of anything about the FED, had it not been for Ron Paul.

anaconda

12-10-2010, 03:52 AM

Ron needs to have someone else ask the questions on the subcommittie's behalf, or be very scripted by some experts. Ron does not have the depth nor breadth of understanding of economics that Bernanke does. Ben needs to get taken on by a bit bull with a deep understanding of economics and the Fed. Many of Ben's responses to Ron's questions simply baffle Ron at times and he has no idea what to come back with. We need someone on board that Ben can't spin circles around. Ron has got us this far, now it's time to bring in some big guns.

nobody's_hero

12-10-2010, 04:45 AM

I have come up with a compromise:

Ron Paul should put on a mask of Alan Grayson's image, only when he is in the hearings with Bernanke.

To be fair, there were a lot of references to "grilling" Bernanke over the past years. If Ron Paul did any grilling, it was going to be educational. If Alan Grayson did any grilling, it was going to be entertainment.

And it was the only thing Alan Grayson ever had going for him, besides maybe "the war is making you poor" act.

Yieu

12-10-2010, 05:12 AM

Ron does not have the depth nor breadth of understanding of economics that Bernanke does.

Are you thinking of the same Dr. Ron Paul as I am? :confused:

economics102

12-10-2010, 06:24 AM

If he does not accomplish anything, he will be written off into the dustbin of quacks that screamed loudly, but accomplished nothing.

That's absurd. Consider the question -- what has Ron Paul's most significant career achievement been to date? It's education. He has probably converted more Americans to the libertarian (and conservative) philosophies than any other person since the Founders. That's not an easy thing to do.

He has inspired an entire movement of individuals, who now, because they have this knowledge, are morally burdened to take action and enjoin the battle.

If Ron Paul retires tomorrow, he will still have accomplished more for the liberty movement than perhaps any other figure in modern American history.

If he ends up also achieving great things as Chairman, that's great. If his son ends up achieving great things, even better.

But Ron Paul does not have anything to prove to anybody.

pacelli

12-10-2010, 06:27 AM

I agree with Karl that Paul should go after the illegal behaviors of the private federal reserve.

I am concerned that Paul's new position will make him less available for campaign 2012 events.

rich34

12-10-2010, 06:36 AM

Seriously.

Karl could have come up with a packet of questions instead of a ranting blog post.

Absofuckinglutly!! I don't mind Karl from time to time, but if he's gonna start talking shit about Paul then fuck him I'll no longer read his shit! Ron is really in between a rock and a hard place. Yeah he's got a chairman position and yeah they do have subpoena power, but you guys know as well as Mr. Karl damn well knows that any kind of subpoena will result in Obama stepping in and giving "immunity." Karl knows this he's just trying to get himself some attention by attacking Ron, POS imo!!

Bern

12-10-2010, 07:21 AM

I'm quite sure that Ron Paul would welcome any constructive criticism or ideas for restoring honesty to the system. Karl's ego knows no bounds though. I posted an example a while back as to his blind spots:

http://www.ronpaulforums.com/showpost.php?p=2974074&postcount=16

He's not interested in real solutions so much as grandstanding IMO. I've been reading his writings loosely for a while and I honestly think he is jealous that Ron Paul gets so much attention.

jclay2

12-10-2010, 07:34 AM

james1906

12-10-2010, 07:45 AM

Ron Paul is Chuck D, Alan Grayson was Flava Flav. Grayson served his purpose, but he's in no way qualified to lead.

fisharmor

12-10-2010, 08:05 AM

I differ a bit from the sceptisim in here about how Ron should handle Bernanke. Ron is doing his thing, bringing light to this dark subject, many had no idea about prior. The next phase will be fellow congressman going after Bernanke. Ron's job is bringing awareness, and then sick the dogs on him.

WIN.
Grayson was attack dog on several issues over the last two years, and it got him booted out of congress.
When your arguments involve yelling, people stop listening.
Ron's actions build political support.
The dogs are not cartoon characters like Grayson, the dogs are US.

How many of the media's talking heads would pounce on video of Bernanke having an Office Space moment, trying to explain what exactly it is that he does here?

qh4dotcom

12-10-2010, 08:31 AM

That's absolutely ridiculous. I doubt Grayson would know much of anything about the FED, had it not been for Ron Paul.

He's a client of Peter Schiff's Euro Pacific Capital and Peter has said the man understands economics...Peter even gave him $2,400 in campaign contributions....and yes, he is a bit misguided even though he understands economics.

Feeding the Abscess

12-10-2010, 08:36 AM

http://www.gold-speculator.com/market-ticker/12763-bernanke-under-fire-grayson-paul.html

Hahahahahaha, he criticizes Ron, and "suggests" he "consider" a list of points that Ron has been talking about for nearly 40 years.

If Denninger posted here, I'd have him on ignore. What an opportunist attention whore.

Fredom101

12-10-2010, 08:54 AM

Can we wait until the first hearing before we start finding more grey clouds in our silver lining?

Exactly! Let's critique him after, not slam him before the first hearing!

HOLLYWOOD

12-10-2010, 09:05 AM

Ron Paul on FOX BUSINESS next on THE FED 10:15 EST

crazyfacedjenkins

12-10-2010, 11:05 AM

That's absolutely ridiculous. I doubt Grayson would know much of anything about the FED, had it not been for Ron Paul.

Nah he holds his own fairly well.

YouTube - Alan Grayson: "Which Foreigners Got the Fed's $500,000,000,000?" Bernanke: "I Don't Know." (http://www.youtube.com/watch?v=n0NYBTkE1yQ)

Travlyr

12-10-2010, 11:22 AM

Hate to say this but Alan Grayson is more qualified to be the chairman than Ron.

Really? Where is his book on monetary policy? Ron Paul's "End The Fed" was quite enlightening. Has Alan Grayson written something more in-depth that I cannot locate?

anaconda

12-12-2010, 04:12 PM

Are you thinking of the same Dr. Ron Paul as I am? :confused:

Ron Paul is a rare true hero. I am eternally grateful for him. He probably understands more about economics than anyone in the U.S. House and Senate, as near as I can tell. I would rate Dr. Paul's knowledge of economics at around a 4 year bachelor's degree. But I would like to make two points: The fact that while Dr. Paul's economic agenda is the right and just one and the liberty one makes him utterly unique (maybe except for Rand) and all that much more of a hero, it does not necessarily make him a top expert in all of the theoretical underpinnings. Just open an undergraduate upper division macroeconomics text somewhere in the middle and you'll get the idea. Can Ron derive the demand curve for labor or explain the Phillips Curve? Ben knows this shit upside down backwards and forwards. But that doesn't mean he's not a criminal. There's plenty of people that Ron can bring in to utterly embarrass Bernanke.

anaconda

12-12-2010, 04:23 PM

I think this would have to be the harshest assessment yet. Really....Ben Bernanke smarter than Ron Paul on Economics?

Ron Paul is the only member of congress with the courage and sufficient interest in and understanding of economics to seriously challenge the corrupt system and ignite a nation wide movement. He is a true hero and a rare and amazing man. But I would not call him a top level expert in economics. He is on the right track but at this point could use some back up from Ph.D type free market economists in the subcommittee. I think I read that he already has actually done this...

Inkblots

12-12-2010, 08:03 PM

If supoenas do have to be approved by the speaker, hearings aren't happening. Considering the dissappointment that was the Audit the Fed bill, nothing substantial will get through Congress either. Dr. Paul may get a few good headlines taking the Fed to the woodpile. Let's face it, this will likely not affect the Fed's operations. Now, if we can get competing currencies legalized, that's a whole different ballgame.

This is the key point that most people seem to be missing. As Dr. Paul himself has repeatedly pointed out in recent interviews, any subpoena duces tecum he might like to issue will need to be approved by both the full committee chairman, Spencer Baucus, and the Speaker of the House, John Boehner. And given what I know of both men, they're very unlikely to let Ron rock the boat to much. His best strategy is to go slow, and keep up a steady, constant pressure to release information bit by bit. Those will probably be the only sorts of request to be approved, not this ridiculous, unrealistic faux-macho guns-ablazin' method favored by this Karl person.

Lucille

12-13-2010, 09:09 AM

Also Vox Day (http://voxday.blogspot.com/2010/12/monday-column.html):

Note to Paul: I am your biggest fan at WorldNetDaily, but put up or shut up time has now officially arrived. There is no time for meandering lectures on the theoretical advantages of a gold standard or esoteric soliloquies regarding the correct definition of money. The American people just want the facts about their money and where it has gone. They need the facts. And then they need action.
[...]
So, it is eminently obvious that Ben Bernanke cannot be trusted to tell the truth, regardless of his choice of venue. Only last week, it was revealed that the majority of the trillions of dollars that were loaned out by the Federal Reserve didn't even go to American banks or corporations as had previously been supposed to be the case, but were funneled to banks in Germany, Switzerland and even the Cayman Islands instead. There are still massive amounts of American taxpayer money that are completely unaccounted for, and there can be no question that the Federal Reserve has abused its prized independence or that it cannot be permitted further benefit of the doubt.

As anyone who has witnessed a congressional hearing knows, it is not going to be easy to get direct answers out of Bernanke. Like his predecessor, Alan Greenspan, he is a master of obfuscation and evasion. So perhaps the new chairman of the House subcommittee for monetary policy should keep in mind that waterboarding has been deemed a legal and constitutional form of interrogation. And it might be helpful to remind the central bankers at the Federal Reserve that it will be easier to avoid a banking panic if the answers to the questions that are sure to be raised by Rep. Paul's congressional audit are provided in a timely manner by the bank itself rather than dumped on the public without warning by WikiLeaks, or worse yet, Anonymous.

Lucille

12-13-2010, 01:55 PM

Economic Policy Journal - Robert Wenzel: It's Time to Get Off Ron Paul's Back (http://www.economicpolicyjournal.com/2010/12/its-time-to-get-off-ron-pauls-back.html)

First of all, for such a detailed demand of Ron Paul by Denninger, it is remarkable as to how little he understands about Ron Paul's positions.

More Wenzel: Denninger Smoked Out (http://www.economicpolicyjournal.com/2010/12/denninger-smoked-out.html):

Sadly, Karl Denninger has been smoked out about his beliefs and understanding about gold, following my earlier post.

He has responded this way:

Uh huh. Someone hasn't looked at an inflation chart going back to the start of the US. If they had, they'd realize that hard money isn't the answer - in fact, it produces monstrous AND EXTREMELY VIOLENT currency valuation changes, with some oscillations exceeding 40% in the space of one year. Try planning for THAT!

That's what happens when you stick your head up your ass and refuse to look at the data that is publicly available!

Lovely.

Also, you can't eat fiat funny money either, KD. That said, when you're cold, it will burn!

Lucille

12-14-2010, 10:58 AM

And it continues:

Denninger responds to Wenzel: Another Case Of Severe Recto-Cranial Inversion (http://market-ticker.org/post=174941)

What Robert Wenzel apparently was upset about was my calling out Ron Paul.
[...]
Wenzel seems to believe that somehow gold-backed currency "fixes" this. He's full of crap. The proof of this is found in the historical inflation/deflation chart above, along with the fact that there were horrifying deflationary depressions and inflationary races during the period of time that this land was on "hard money." Nor is this history confined to the United States - the number of boom/bust credit cycles exacerbated by hard-money supplies that are manipulated by a tiny cartel is a matter of historical fact worldwide - from the South Seas bubble to TulipMania and more. Indeed, the fact that such credit bubbles have been a constant throughout written history while for what is arguably a majority of that history monetary theory was tied to gold and other precious metals is solid evidence, if not hard proof, that the existence or absence of a hard monetary standard has nothing whatsoever to do with that which ails said monetary systems.
[...]
Wenzel, along with others, believe that "if we only had hard money" we'd avoid bubble dynamics and thus avoid the inevitable pain. He and others who similarly believe this crap are dead wrong and the history of economics proves it. That he and others (including people like Bernanke) refuse to extract their head from their ass long enough to recognize that fifth grade mathematics controls the inevitable economic cyclicality that must occur in any monetary system where one can lend capital - no matter the monetary base - is alarming.
[...]
Yes, we have a major problem with The Fed. Yes, The Fed is broken. No, the solution is not "hard-backed" currency where the backing is controlled by a cartel, thus giving the cartel holders - the big banks - the ability to perform even more theft than they're performing now!

http://market-ticker.org/smilies-local/headinbutt.gif

Pull it out Mr. Wenzel - there's light out here, and it's found in the historical record and the basics of arithmetic - a basic understanding of which should be a prerequisite for propounding on economics and monetary theory on the web - or anywhere else.

specsaregood

12-14-2010, 11:01 AM

I think this is relevent:
From the article referenced: http://www.ronpaulforums.com/showthread.php?272690-National-Journal-Interviews-Ron-Paul-about-The-Fed

House GOP leaders have not spoken with Paul yet about his agenda, and incoming House Financial Services Committee Chairman Spencer Bachus, R-Ala., has not indicated that any topics are off limits.

Paul said he should have autonomy as long as “I act in a way that seems to be reasonable and not yelling and screaming and accusing people of all kinds of things.”

Something that Karl should keep in mind.

AGRP

12-14-2010, 11:03 AM

Talk about expectations. You would think he just became the president or something.

devil21

12-14-2010, 03:24 PM

Karl never misses a chance to rag on Ron Paul. He's got a history of doing it.

JoshLowry

12-14-2010, 03:31 PM

Lucille

12-14-2010, 04:19 PM

I hope a contributor at zerohedge weighs in on this soon!

Robert Wenzel: My Severe Recto-Cranial Inversion (As Diagnosed by Karl Denninger) (http://www.economicpolicyjournal.com/2010/12/my-severe-recto-cranial-inversion-as.html)

Karl Denninger has taken a look at my most recent post regarding my take on his understanding of money and has apparently decided to stick his nose up my you know what and conduct an examination. Hope you feel comfortable that way, Karl.

Writing from that position must be difficult, but Denninger has chosen to do so and thus I will try to explain to Karl where his thinking has failed him, so that when he comes up for air he might understand.
[...]
Denninger is inventing an entire new language here, so bear with me while I explain. What Denninger really means by "reference" is that gold is "convertible" into a paper currency. He must have never read and understood any standard economics text, not to get and use standard terminology.

Then Denninger explains the "utility" of gold without understanding the regression theorem. No wonder he is so confused. (See Bob Murphy on the regression theorem)
[...]
Of course, Denninger does not name any specific period when a "horrifying deflationary depressions and inflationary races during the period of time that this land was on 'hard money,'" took place, becasue there weren't any.

He continues, and this proves that Denninger is an idiot:

Nor is this history confined to the United States - the number of boom/bust credit cycles exacerbated by hard-money supplies that are manipulated by a tiny cartel is a matter of historical fact worldwide - from the South Seas bubble to TulipMania and more

The South Sea bubble and Tulipmania were all about printing paper money--there was no huge explosion of gold supply. See Doug French on Tulipmania. And see French on the South Sea Bubble here.

You have to be completely ignorant of history AND be willing to make stuff up to write the above stuff that Denninger writes. It is totally off the wall.
[...]
I'm getting embarrassed that I am even debating this guy. The chart is bogus and if it was accurate data, what the hell would it mean? That nominal borrowing capacity of any economy grows at an exponential rate relative to nominal GDP. Not a chance.
[...]
Anyone going to Denninger's site is just getting their minds confused with bizarre, glowing in the dark, dribble---not suitable for anyone over the age of three. And given the language he uses, he obviously has to be kept away from the kids, so just let him play with himself.

HOLLYWOOD

12-14-2010, 05:05 PM

Can we change the thread title to: "JOKER from Florida, Blah Blah... Rants Once Again"
http://www.funphotobox.com/results/1416/funphotobox141643s1yzbrib.jpg?r=80054

Lucille

12-14-2010, 05:53 PM

LOL, Hollywood!

Zerohedge's Gordon Gekko Flashback (a righteous take-down): Mr. Denninger and Gold or Why the Dollar-Deflationists Are Wrong (http://www.zerohedge.com/article/mr-denninger-and-gold-or-why-dollar-deflationists-are-wrong)

Those who know Mr. Denninger know that he, well, for lack of a better word, hates Gold. It only goes to show the level of disinformation and ignorance prevalent in our society when even smart people like Karl fail to get it. From what I hear anybody even mentioning the word Gold runs the risk of being permanently banned from one of his "forums". In a recent commentary entitled "Ten Things for 2010" he was at it again bashing Gold...

More here: Gordon Gekko's Blog (http://www.gordongekkosblog.com/)