|
|||||||||||||||
 |
‘Person of the Year’: Time Picks Fed Chair Ben Bernanake |
|
|||||||||||||
|
|
|
|||||||||||||
|
|
|
|||||||||||||
|
|
|
|||||||||||||
|
|
|
|||||||||||||
|
|
|
|||||||||||||
|
|||||||||||||||
Guess the Libs have picked the worst financial person in the U.S. to be their bathroom reading material. Bernanke & Geithner are the dumbest financial two I have ever witnessed.
He deserves it.
Not my work but accurate
Sorry, I have to repost a comment I made on a story yesterday. This article makes the comment so much more..ummm…”time”ly….
We have had a federal reserve that for decades has a had monetary policy that is too loose. We have also had a government that legally demanded (CRA) and financially subsidized (Fannie and Freddie) bad behavior. The final insult is the myth that the world would have ended had the worst offenders been allowed to fail.
Capital seeks employment. When excess capital is rattling around the economy (interest rates from the fed are artificially low), increasingly risky investments will be made. This is because the low hanging fruit of low risk/high return investments have already been pursued. The more loose the monetary policy the riskier the investments. This is by definition a “bubble” and it is the direct and result of an incompetent Federal Reserve.
Now, add a regulatory environment that for decades has said to the banks:
“Make bad loans” (again, Community Reinvestment Act). Fannie and Freddie will buy the mortgages and repackage them. In addition, if there is ever a problem the gov’t will cover Fannie and Freddie so risk isn’t an issue. Let the profits roll!”
Believe it or not there are many banks that behaved responsibly and would have benefited greatly long term had there been a shake out in the banking industry. I am amazed that we have politicians who stole from the American public to save failing banks and then we fault bank leadership at failing institutions for grabbing the lifelines. I blame the boneheads writing checks out of my account much more than the boneheads willing to cash the checks.
Yes, bankers are self-interested. However, the real crooks are those that are now posturing as saviors of the western world while they continue to plunder the future of America. If we are looking for crooks I propose the following:
Public Enemy #1 – The Federal Reserve – Why exactly do we need unelected bureaucrats manipulating interest rates (controlling the value of money)? I wonder what the real market rates for borrowing money would be without manipulation.
#2 – The federal government for continuing its ridiculous interventionist policies, because for some reason the belief persists that politicians know more about running businesses than do successful business people.
A very distant third are the subset of bankers that over-reacted to the ridiculous environment created by the Fed and the gov’t. Had TARP not happened, this group wouldn’t even make the list as the market would have resolved very nicely all the issues of executive compensation, poor lending practices, etc.
I think it’s about time we had a bald Time Man of The Year.
Bravo to Time Magazine! The best just keeps getting better.
Signed,
Big giant pile of vomit
For 100 years the lying politician critters and the fed have been printing,
(counterfeiting) money out of thin air to help fix the problems they help create.
Bernanake and Obama are finishing off the dollar bubble.
United States Dollar R.I.P. 1792 – 2010
This was okayed, like the 30,000 troop deployment to Afghanistan by The Bilderberg Group.(what president takes three months to act on His in-theatre generals’advice for more troops?)((Maobummercorn’s a total puppet))
The Fed is no more federal than Federal Express.
Search-up: “The Obama Deception” 1:51:21 in length.
Now I’m scared. The media has a way of making someone look really good just before they do something to us. lol
A little humor – Every Breath Bernanke Takes:
Quick! Give him a Nobel Peace Prize and an Academy Award, too!
Are the people in the mainstream media this delusional? Do they live in an alternative universe? Or have they just given up trying to appear as though they’re not shills for Obama and the New World Order?
Wouldn’t it be funny if he wasn’t reconfirmed and TIMES was made a fool. Is this part of the agenda and corruption of the media.
CHECK OUT MORE CORRUPTION REPORTS AT: http://www.americanparchment.com
@@@@@@@@@@@@@@@@@@@@@ TO STAY WEEKS months and even years ahead of these BANKING and POLITICAL vermin listen to Alex daily at http://www.infowars.com Click Listen Now and You will be ahead of all the games (they) are attempting to play on YOU!!!
hahahahahahahahaha……
In other news, the White House declared Howard Dean “irrelevant.”
Just like Time magazine.
This news only makes my recent letter to our illustrious senators opposing Helicopter Ben’s next term to the fed more validated, in my mind. What a worthless rag is Time magazine. To give credit to those or the one for creating the problem…well that just fans my boogie. There are two sides to any money transaction, and Ben made lots of friends in high places, aka, the Insiders, while most people got soaked and Gored (pun intended). Just wait for the next shoe to fall, namely hyperinflation. But since we know who owns the media, I am sure that it will be under reported. Hang onto your Bibles folks. We can’t put any faith into these worldly, so called leaders. Wake up America, and hold unto our freedom.
What!!!! I deserve this recognition…..remember Im the 500 million dollar man…..and I can get the ladies….he he he.
This and many more reasons why I will never subscribe to the stupid, idiotic and terminally biased TIME magazine…
Time magazine? What is that? Never heard of it.
Adolf Hitler was also Time’s man of the year.
testicular man I agree X2
Tiger should have won, he had 14 women (so far, that we know) and thats 2 more people that actually read TIME ragmag!
Is TIME owned by MSNBC????
Funny guys, those TIME editors. They were kidding, right?????
seems another award that at one time meant something (peace prize,emmy, etc.)It seems these awards don’t mean squat anymore
TIME, another useless media company. How about a random American taxpayer who’s wages were cut by 50% in 2009 on the cover – me?
1.) Worth Reading…
2.) [...]if you have a few minutes to spare take some time to read this post on[...]…
1.) More…
2.) [...]if you want to read a bit more then I recommend the following[...]…
Garmin 1490t Nuvi…
[...]we like to honor other sites on the web, even if they aren’t related to us, by linking to them. Below are some sites worth checking out[...]…
Travel Offers…
[...]several online sites which are shown below, from our own mindset are surely really worth visiting[...]…
They have been recognised…
[...]a measure of flexibility in implementing these[...]…
1.) Color Scheme…
2.) [...]example of a color scheme that I would like for my sites…
Blogs ou should be reading…
[...]Here is a Great Blog You Might Find Interesting that we Encourage You[...]……
Car Service…
[...]while the sites we link to below are completely unrelated to ours, we think they are worth a read, so have a look[...]…
Pure Acai Berry…
[...]while the sites we link to below are completely unrelated to ours, we think they are worth a read, so have a look[...]…
Best VPN Router…
[...]below you’ll find the link to some sites that we think you should visit[...]…
family Solicitors…
[...]while the sites we link to below are completely unrelated to ours, we think they are worth a read, so have a look[...]…
UK Porperty Solicitors…
[...]while the sites we link to below are completely unrelated to ours, we think they are worth a read, so have a look[...]…
1.) Another site…
2.) [...]I don’t normally recommend other sites but I will break my trend for this[...]…
Immigration Solicitors…
[...]below you’ll find the link to some sites that we think you should visit[...]…
Clubpenguin…
[...]listed here are several listings to websites we link to for the fact we feel they are well worth checking out[...]…
our recommendation…
[...]has completed a thorough review and update of the[...]…
1.) Extra Reading…
2.) [...]this site is off topic but I recommend taking a quick look at it[...]…
Sexcam…
[...]Sexcam mit gratis Testzugang[...]…
Grow taller fast…
[...]these sites are really worth a look im sure you will agree they are top class[...]…
1.) More…
2.) [...]if you want to read a bit more then I recommend the following[...]…
UK Immigration solicitors…
[...]the time to read or visit the content or sites we have linked to below the[...]…
Immigration Lawyers…
[...]just below, are some totally unrelated sites to ours, however, they are definitely worth checking out[...]…
[...]I saw this really great post today.[...]…
I want to read more on this guy’s thoughts since they are much like mine. Although unrelated to my blog, worth linking to….
1.) View Point…
2.) [...]another viewpoint on this topic…
Gout Diet…
[...]just below, are some totally unrelated sites to ours, however, they are definitely worth checking out[...]…
provide a complete set of…
[...]to take into account changes in[...]…
Netflix…
[...]what follows are a couple of url links to internet websites we link to since we believe they’re well worth browsing[...]…
1.) Worth Reading…
2.) [...]if you have a few minutes to spare take some time to read this post on[...]…
House Sale & Purchase…
[...]the time to read or visit the content or sites we have linked to below the[...]…
UK family Solicitors…
[...]just below, are some totally unrelated sites to ours, however, they are definitely worth checking out[...]…
1.) Writing Style…
2.) [...]unique writing style that I like…
Discount Yankee Candles…
[...]while the sites we link to below are completely unrelated to ours, we think they are worth a read, so have a look[...]…
Immigration advice…
[...]below you’ll find the link to some sites that we think you should visit[...]…
Cheap Conveyancing Quotes…
[...]below you’ll find the link to some sites that we think you should visit[...]…
Immigration Adisory Service…
[...]below you’ll find the link to some sites that we think you should visit[...]…
We like these:…
[...]Here are some totally unrelated sites to ours, which you should check out[...]…
Websites we think you should visit…
[...]although websites we backlink to below are considerably not related to ours, we feel they are actually worth a go through, so have a look[...]……
indoor wall waterfall…
[...]just below, are some totally unrelated sites to ours, however, they are definitely worth checking out[...]…
Free games…
[...]Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would ha…
Free online games…
[...]Hello! I’m at work surfing around your blog from my new apple iphone! Just wanted to say I love reading your blog and look forward to all your posts! Keep up the superb work![...]…
Wholesale Yankee Candles…
[...]just below, are some totally unrelated sites to ours, however, they are definitely worth checking out[...]…
Related……
[...]just beneath, are numerous totally not related sites to ours, however, they are surely worth going over[...]……
Wholesale Yankee Candles…
[...]just below, are some totally unrelated sites to ours, however, they are definitely worth checking out[...]…
Clubpenguin…
[...]listed here are some web links to websites online which I connect to because we believe they really are seriously worth checking out[...]…
nissan juke reviews…
[...]Awesome post, I’ve linked back to your blog here http://www.juke-nissan.com/sites-we-like/ return the favor if you can, thanks![...]…
Recommeneded websites…
[...]Here are some of the sites we recommend for our visitors[...]……
Colon Cleanse Health…
[...]we like to honor other sites on the web, even if they aren’t related to us, by linking to them. Below are some sites worth checking out[...]…
Good Writing…
[...]here you’ll find a link to a great site that we know you should love[...]…
nissan canada…
[...]Awesome post, I’ve linked back to your blog here http://www.juke-nissan.com/sites-we-like/ return the favor if you can, thanks![...]…
Improve your height…
[...]I really did enjoy reading these blogs and I am sure you will to[...]…
calorie diets…
[...]right this moment went to the town went by way of the shop. so nice to see t[...]…
Clubpenguin…
[...]below are a few web links to web-sites which I connect to for the fact we believe there’re seriously worth visiting[...]…
Superb website…
[...]always a big fan of linking to bloggers that I love but don’t get a lot of link love from[...]……
[...]Within the next business day, the person will then receive the easy online loan in their bank account that they had indicated[...]…
Traditionally the policy of banks is to only loan money to those who can prove that they don’t need it…
Superb website…
[...]always a big fan of linking to bloggers that I love but don’t get a lot of link love from[...]……
Websites you should visit…
[...]below you’ll find the link to some sites that we think you should visit[...]……
Websites worth visiting…
[...]here are some links to sites that we link to because we think they are worth visiting[...]……
1.) Good Post…
2.) [...]Will all the junk out there I like to link back to the good sites and this is one![...]…
How to Lose Weight Fast…
[...]below you’ll find the link to some sites that we think you should visit[...]…
Awesome website…
[...]the time to read or visit the content or sites we have linked to below the[...]……
Sites we Like……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]……
Superb website…
[...]always a big fan of linking to bloggers that I love but don’t get a lot of link love from[...]……
Simply take some time to look through this guide in order to learn what applicants may receive as well as how to get started with no faxing online payday loans…
[...]It is at times like this that you could take advantage of a no credit check cash advance so that you can put the pieces back together again and begin to breathe a bit easier[...]…
Kiteboarding Videos…
[...]the time to read or visit the content or sites we have linked to below the[...]…
Kiteboarding Videos…
[...]the time to read or visit the content or sites we have linked to below the[...]…
Buy Rolex Watches…
[...]here are some links to web sites that we think they are worth visiting[...]…
Sites we Like……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]……
Extreme Sports News…
[...]a moment to view websites we have linked to underneath the[...]…
Extreme Sports News…
[...]a moment to view websites we have linked to underneath the[...]…
Websites we think you should visit…
[...]although websites we backlink to below are considerably not related to ours, we feel they are actually worth a go through, so have a look[...]……
Awesome website…
[...]the time to read or visit the content or sites we have linked to below the[...]……
Websites worth visiting…
[...]here are some links to sites that we link to because we think they are worth visiting[...]……
Superb website…
[...]always a big fan of linking to bloggers that I love but don’t get a lot of link love from[...]……
Gems form the internet…
[...]very few websites that happen to be detailed below, from our point of view are undoubtedly well worth checking out[...]……
Links…
[...]Sites of interest we have a link to[...]……
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
Websites worth visiting…
[...]here are some links to sites that we link to because we think they are worth visiting[...]……
Post a Comment
You must be logged in to post a comment.
Follow Us on Twitter
Now the NWO types are going-for-broke. This is a wonderful time! These insular elites aren’t yet adjusted to the new reality. People aren’t buying this bilge any more. It used to be they could control perceptions this way more effectively but that is just no longer the case. They are just burning out their last resources. We now listen to GCN, http://republicbroadcasting.org/, Russia Today (where they are less controlled than US press), whatreallyhappened.com, etc….
This morning I caught some of NPR – it is like state controlled media now. They were lavishing praise on some small town in the UK that was gullible enough to fall for this “carbon threat” nonsense. They hope we will follow suit but that reached its climax and is now descending. We’re not gonna take it! Take your Gorebaloney and get out of the US!