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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (12542)10/7/2008 3:26:40 PM
From: LTK007  Read Replies (1) of 71456
 
Edited(Corrected):G.G i do NOT view Bernanke as an evil pig. He is an academic in over his head.
i believe Bernanke was SINCERE.
He knows he is battling The Great Depression II.
But he can NOT say "Well yes we are in danger of a crash and another great depression." And say "We are F--ked"

Because if he did the market IMMEDIATELY COLLAPSES----and the next day they would have to do what they did in 1914, close the market indefinitely(the idea was an utter failure).
Bernanke is not a greedy person, not a conspirator, not a seeker of GLORY, not a manipulative liar , his SIN is he is a BAD ECONOMIST, nothing more.
Greenspan was was a lying manipulator, a seeker of being an object of worship, and as Faber lashed him for, a criminal person, as he is fully aware what he was doing is wrong.
Faber had access to Greenspan's real belief's and saw he betrayed his own knowledge out of a lust for power.
Faber damned Greenspan as man with no conscience.

This is NOT Bernanke, Bernanke is just out of it.
i will NOT be dragged into equating Bernanke to Greenspan. Max
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