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To: LTK007 who wrote (234226)	12/24/2009 12:53:40 PM
From: DebtBomb	Read Replies (4) \| Respond to of 306849

Good Bye! The Reappointment Of Bernanke Is Too Much To Bear What I am seeing and hearing on the news -- the reappointment of Bernanke -- is too hard for me to bear. I cannot believe that we, in the 21st century, can accept living in such a society. I am not blaming Bernanke (he doesn't even know he doesn't understand how things work or that the tools he uses are not empirical); it is the Senators appointing him who are totally irresponsible -- as if we promoted every doctor who committed malpractice. The world has never, never been as fragile. Economics make homeopath and alternative healers look empirical and scientific. No news, no press, no Davos, no suit-and-tie fraudsters, no fools. I need to withdraw as immediately as possible into the Platonic tranquility of my library, work on my next book, find solace in science and philosophy, and mull the next step. I will also structure trades with my Universa friends to bet on the next mistake by Bernanke, Summers, and Geithner. I will only (briefly) emerge from my hiatus when the publishers force me to do so upon the publication of the paperback edition of The Black Swan. huffingtonpost.com

To: LTK007 who wrote (234226)	12/24/2009 10:46:10 PM
From: Jim Fleming	Read Replies (1) \| Respond to of 306849

otherthan A comment on the Fed's interest rate conundrum! The fact of a very short duration 12 trillion dollar national debt poses the the question of what size increase in interest rates would , in reality, be an act of financial hara kiri. Jim Fleming

To: LTK007 who wrote (234226)	12/24/2009 11:11:39 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 306849

>>An Opinion: i do NOT see Bernanke raising interest rates, period. Bernanke is what i call an academic FANATIC committed to his own theories.<< otherthan, look at it this way... bernanke will do anything to try and increase debt and transfer profits from society to his banker buddies. increasing debt is exactly what greenspan and bernanke have done and it will be what bernanke continues to do... market-ticker.denninger.net why is debt so important? consider the following truths... 1. there is never enough money in the economy to pay off previous debts with interest. 2. new debt is required is increase the money supply to make old debts payable or there will be lots of defaults. the bankers set up a monetary system that guarantees that new money is debt based - so the banking system gets an ongoing cut of every new dollar put into the economy and almost every dollar in the economy (i hear 95%). if bernanke doesn't increase debt, defaults will cream his employers - and you know he doesn't work for us. his actions aren't fanatic or inspired by theory, they are motivated by fact - the ponzi like money as debt monetary system will collapse unless they can continually increase debt (ie, money). the bankers created a fraudulent system from the beginning as a method to loot the country of its wealth a little at a time. bernanke can't tell people that he's managing a fraudulent monetary system designed to transfer wealth from the citizens to the bankers, so they sell this idea bernanke is too stupid to realize his philosophy is a total failure. the battle now is whether the markets force up interest rates regardless of fed policy. eventually, they will. not sure when. we are seeing a chart breakout in TBT, but i'm not sure if it holds.