holy face palm batman, is this guy absolutely retarded?
and this guy.. Ben Bernanke.. he's the Chairman of the central bank of the united states? holy cr*p! What's this guy trying to pull down there?
Last edited by s2upid; 03-18-2010 at 10:21 AM.
I'm pretty dumb when it comes to this stuff, but I don't see how it can be a good thing...
"Let us cross over the river, and rest under the shade of the trees."
~Last words of Gen. Thomas Jonathan "Stonewall" Jackson
He's spending too much time with tax-cheat Geitner who is in charge of the US IRS, but got caught not filing taxes for several years and "not understanding" the laws. Great guy to have in charge of your tax department.
Before you internet warriors go on about how this guy is so stupid maybe you might want to read up on it a bit.
ALREADY do that up here.
You surprised me Adam, I thought you knew your finance. But I guess you really just believe everything you read on the internet.
all i can say is DUHHHHHHHHHHHH
If only the free market was just that, a free market. We got foxes guarding the hen house.
This Is Going To Hurt A Little Bit
My true honest opinion is... That I don't have enough information to form an opinion.
I'd wager a bet no one here does. Bernanke may not be perfect, but I'd rather have him in charge of the Fed than the people commenting in that article.
dude don't get too excited and confused. even a 10% requirement is as good as zero. what fucks with me is his reasoning:
"Ben Bernanke wants to completely eliminate minimum reserve requirements, which he says "impose costs and distortions on the banking system". "
sounds reasonable ben.. we're behind you
If you ever listen to him talk, he his an idiot like George was. They gave a trillion dollars to the E.U. banks and when asked who got the money, he didn't know. The people running the U.S. financial system are pathetic. WHY OH WHY obama kept these assholes in charge is beyond me. WAIT! there's only one possibility, he works for the same guys that bernake works for.
What makes you think you could do a better job? Didn't you say in a different thread you weren't working and haven't been for some time? Sorry, I don't want to give a low blow but calling a guy who's twitter updates can sway the world economy an idiot when you're on EI is a little hypocritical.
What is BCSB coming to when I'M the voice of reason?
Are you serious, LOL, your attacking me. I never said I could do the damn job, BUT NEITHER CAN THAT MORON. Have you done any research into the FED. They have destroyed the U.S. economy. He runs the fed, therefore it's his god damn fault. He is an idiot. So he has degrees SO WHAT! The U.S. economy is all the proof you need.
I work construction, there's no construction right now. That's why I anint working. I've been working full time since 96. This is the first time I've ever used E.I. If it wasn't for the U.S. economy going to shit our economy would be far better off and I would still be working.
1 more thing , did you even read the article. That proves how thick this guy really is. He is purposely making things worse. And if it's not on purpose and he really believes in what he is doing then again my point is proven.
the last time someone wanted to reduce the power FED had (or eliminate it), that person ended up having brains blown all over the insides of his limo...
I dont understand what is BAD about banks and countries having their currencies backed by something physical ie gold. Worked pretty bloody well before.
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