Interesting Bloomberg interview. "Bernanke is a nut."

Neshanic

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Mon Nov-05-07 01:35 AM
Original message

Interesting Bloomberg interview. "Bernanke is a nut."

http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vo0.Z1Q4Lx7U.asf

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CoffeeCat

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Mon Nov-05-07 01:50 AM
Response to Original message

1. Sometimes you feel...

...like a Bernanke, sometimes ya don't.

Makes sense though. The guy is working for a bunch of squirrels.

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Common Sense Party

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Mon Nov-05-07 01:51 AM
Response to Original message

2. Nobody wearing a bowtie like that has room to call anyone a nut.

Edited on Mon Nov-05-07 01:53 AM by Common Sense Party

Did say one good thing, though--Bernanke's a gov't employee cuz he couldn't get a real job (or something to that effect).

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nightrider767

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Mon Nov-05-07 01:52 AM
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3. A Nut?

I doubt he's a nut. But he is certainly part of the cabal that is trying to "fake" this economy on.

I think the big story is that this economy is a mess and going down, and they are actually trying to hide it.

For what reason?

Why?

Eventually the truth will come out.

ANd yet,,,, they are buying time.

I don't think they can keep faking it for mare than 6 months...

What happens then?

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charlie

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Mon Nov-05-07 01:57 AM
Response to Reply #3

4. Buys time

for the big players to unload bad assets so the dumb little guys (read: us) will be holding the bag when they cut the strings.

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nightrider767

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Mon Nov-05-07 02:42 AM
Response to Reply #4

6. Agreed

But I'd guess there is more to it.

I foresee a surprise.

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charlie

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Mon Nov-05-07 03:33 AM
Response to Reply #6

8. Well, I've noticed

a fresh round of Social Security scaremongering has begun. Maybe it's a last play for the motherlode Wall Street has been salivating for. If the wheels truly come off the economy, the public's hold on SS will be intractable. The opportunity will be lost, perhaps for a loooong time, as American attitudes to public works, investment, and relief will take a wrenching readjustment when they're enduring privation not seen in generations.

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nightrider767

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Mon Nov-05-07 04:06 AM
Response to Reply #8

10. I wish they'd just leave Wall Street Alone

The more Bush sticks his big fat nose into it, the bigger the "correction" is going to be.

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Eurobabe

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Mon Nov-05-07 02:53 AM
Response to Reply #4

7. you can say that again

they're all michael millkin clones.

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The_Casual_Observer

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Mon Nov-05-07 02:39 AM
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5. They are gaming the system as never before. In the past , recessions

happened & life when on. This time they didn't let it happen, kind of like putting a cork up the rectum, it isn't going to solve any problems but make them worse later on.

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AndyTiedye

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Mon Nov-05-07 03:38 AM
Response to Original message

9. Helicopter Ben

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fasttense

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Mon Nov-05-07 06:36 AM
Response to Original message

11. I liked his last statement

"If I were Bernanke I would abolish the Fed and resign. It would be the best thing for the country."

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soothsayer

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Mon Nov-05-07 07:27 AM
Response to Reply #11

12. Can't be done! Didn't poppy say he's got backers with $400 billion dollars who

who would fight to death the destruction of the (evil) Fed?

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annabanana

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Mon Nov-05-07 07:34 AM
Response to Original message

13. It appears to me that he's just calling the Gov on its Bullsh*t.

He's calling phony numbers out. YOu would think that the "money people" would be interested in some real numbers... Or maybe they're only interested in real numbers that no one else has access to.

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