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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (510840)10/1/2012 9:15:09 PM
From: MulhollandDrive  Read Replies (3) | Respond to of 793990
 
re:But his intellectual arrogance is beyond belief. He thinks he has everything under control. Some, like James Rogers, think that he is an idiot. I tend to agree.

jim rogers is right.....all bernanke knows is 'printing'

why not just drop a million dollars from the 'helicopter' for each man woman and child in the us and turn the spending lose? we all know the reason why not....the digital printing is designed to fill the gaping holes in the TBTF banks' balance sheets and now this 'employment' criteria that the fed is claiming is a fool's metric as well...really is nothing but a smokescreen to divert attention away from the extreme condition of the fed balance sheet....i honestly don't see how this ever gets unwound in our lifetimes, little wonder he wants no one looking 'behind the curtain'