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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (239511)2/26/2010 2:07:35 PM
From: Skeeter BugRead Replies (1) of 306849
 
>>Despite all Ben's best efforts, he still appears to be pushing on the proverbial string.<<

every action ben has taken has been to serve the special interests of the banks that privately own the fed.

i do not believe that 1599 SAT bernanke and his 100 phd economists believe this...

market-ticker.denninger.net

is sutainable.

a fifth grader wouldn't believe that chart to be sustainable.

now, baghdad ben can't come out and say he's r*ping the american people to protect his employers from the coming collapse so he doesn't. he talks about "getting back to normal" and a "slow recovery" all the while providing unlimited ability to the banks to dump their trillions in toxic assets onto the people.

and now he's saying that taxes must go up and spending must go down - b/c the fed (private bankers) aren't going to keep printing for the benefit of the government.

washingtontimes.com

"We're not going to monetize the debt," Mr. Bernanke declared flatly, stressing that Congress needs to start making plans to bring down the deficit to avoid such a dangerous dilemma for the Fed.

"It is very, very important for Congress and administration to come to some kind of program, some kind of plan that will credibly show how the United States government is going to bring itself back to a sustainable position."

if the banks are now safe from collapse, i think we could well get a collapse. there is no better time to asset strip citizens than at the bottom of a massive credit collapse.

my eyes are wide open and my head is on a swivel - i'm not married to any ideology. i'm analyzing daily to see where our financial over lords have decided to take us.

i won't be surprised to hear obama's austerity speech - and he'll blame bond vigilantes or someone else.
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