The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: grusum who wrote (233785)	12/20/2009 12:45:36 AM
From: Skeeter Bug	Read Replies (1) of 306849

agreed. the issue is whether they were dumb or they were orchestrating a plan. i know it is the latter because they are fundamentally dishonest people. bernanke is much smarter than i. he nailed a 1599 on his SAT. he has 100 phd economists working for him. when he said we were giving trillions to the banks so they could lend the money out, i told everyone he was lying through his teeth, the banks wouldn't lend because they were broke and the lending environment sucked so they obviously wouldn't lend. i'm not even in banking. i didn't get a 1599 on my sats. i don't have 1 phd economist working for me, let alone 100. those that have my school of thought were right and bernanke was wrong. it is extremely unlikely that he's stupid. his bosses created a money backed by debt system. it is a debt based ponzi scheme. in that environment, the bankers need ever increasing debt to maximize their profits. how did greenspan and ben do? market-ticker.denninger.net market-ticker.denninger.net the solution is to reduce debt levels, but everything bernanke does is to increase debt! that's as rational as a drunk drinking more to avoid the hangover from binge drinking! bernanke's irrational approach (give more credit to fix excessive credit) is simply explained by an effort to continue the money is debt based ponzi scheme of his employers - the private bankers that own the fed! if bernanke doesn't keep inflating money, there isn't enough money to pay back the loans to the bankers and this will wipe out his bosses. money is debt. interest payments require more debt... more debt means more interest. more interest means more debt. this is a ponzi scheme that will invariably break. w are close to the breaking point, hence, the fed's looting of the public to benefit bernanke's banker bosses has commenced on a scale beyond your comprehension. $24 trillion in government guarantees. from the worker... to the banker... mediated by a fed chairman employed by bankers. bernanke IS NOT a government employee. greenspan was knighted - it is illegal for a government employee to be knighted. greenspan and bernanke work for the bankers, not the public. sorry for the rant, but the quicker people figure out these people are frauds, the faster we can deal with these internal financial terrorists out to do MAJOR HARM to the american citizen.

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