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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: stockalot who wrote (23803)	8/17/2006 12:36:10 PM
From: Honey_Bee	Respond to of 42834

BOB BRINKER does indeed consider himself a cut above the whole FOMC and especially "obi-wan" Ben Bernanke, as BOB BRINKER condescendingly calls him. BOB BRINKER seems to find it unbelievable that the like of the Fed Chair "doesn't agree with" him. ROFLOL! BOB BRINKER, while pontificating to a caller about the Fed being "soooo worried...soooo worried" about inflation, BOB BRINKER almost hysterically shouted the following comments. This is a verbatim transcript (word for word for those in Sacramento): "I think a lot of it's misplaced, I've said it many times on this program and I continue to believe that I'm right. (Caller: "I agree with you, bob.") "Well, I'm glad you do, but guess what, guess what, I'm glad you do, but guess who does NOT agree with me--BEN BERNANKE, BEN BERNANKE, HE DOESN'T AGREE WITH ME, he's still talking about oil prices causing inflation. I don't know what planet he's hanging out on, but oil prices, the higher they go, the more counter-inflationary they are, if you think if oil went to $200 a barrel tomorrow and that would be inflationary, you're completely wrong. People would be completely out of money, they wouldn't be able to buy anything at all. So it's ridiculous! This notion that rising energy costs is inflationary is COMPLETE AND UTTER NONSENSE! .