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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (7191)11/30/2007 11:29:52 AM
From: RonMerks  Read Replies (1) of 50748
 
Re- 'And gold?

You already know what to do when a sniveling, little
bald puke of a man, who won't look you in the eye...
puffs up his chest, raises and deepens his voice, bulges
his beady little eyes and shoves his chips into the center
of the table and calls...'

I take it you think Bernanke may only be a 1 term Fed chariman. Why don't you tell us how you really feel about Bernanke the next time <vbg>.

In all seriousness- how will the rest of the world ever take the US Treasury, or Fed serious after this?

First Paulsen assured them that the storm was contained and all these foreign central banks loaded up on not just our subprime paper, but Bear Stearns, Citibank, and Fannie Mae & Freddie Mac- only to get crushed with more bad loan write offs.

Then Bernanke comes out and holds a press conference about more clarity, direction and openness with the markets. Talks about how much more hawkish they will be on inflation, on how the economy is still strong- and just a week, or so later- the ignoramus does a flip-flop on the world stage with Kohn and signals to the market he's going to return with whatever size punch bowl they desire!

How can Bernanke and Paulsen look the world in the face any longer?

Can you imagine being the Chinese and having Paulsen lecture you about currency reform? They have to be laughing their asses of at what clowns the Americans are.

This countries financial future is in shambles. Our politicians have sold out to Wall Street. God, forbid - if we end up going to War with Iran.

Ron
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