Ben Bernanke on the Great Depression: "We did it." - GoFuckYourself.com

xmas13 · 07-22-2008, 01:16 PM

http://www.federalreserve.gov/BOARDD...08/default.htm

On Milton Friedman's ninetieth birthday, November 08, 2002, Ben Bernanke stated:

"Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.

Best wishes for your next ninety years."

)))

ADL Eddie · 07-22-2008, 01:20 PM

I need to finish his book on depression. Only read first few chapters (articles)

_Richard_ · 07-22-2008, 01:27 PM

thanks for this

pornguy · 07-22-2008, 01:31 PM

Interesting to read.

Vendot · 07-22-2008, 03:22 PM

Quote:

Originally Posted by pornguy

Interesting to read.

Really? It looks boring to me.... can somebody sum it up in plain english?

AlienQ - BANNED FOR LIFE · 07-22-2008, 03:26 PM

Well ya goto keep in Mind that it was MC Cain's chief adviser and President Bushes economic advisor that de-regulated both the mortgage industry and the oil industry.

Ya do not hear the news talking about that so much. But if you look at the the chief Economic Advisor to McCain he is the same guy that was appointed by Bush.

Now look...

We got Mortgage lending problems and oil problems directly caused by the same fucking retard that McCaine wants to consult with for his campaign...

Those two industries were de-regulated by the Bush Administration, and the same guy has his nose up McCain's ass hoping he can continue fucking up the economy.

I forgot the name of that guy but right about now he should be shitting bricks not campaigning with MCCain!

spunkmaster · 07-22-2008, 04:08 PM

Mortgage lending was opened up to provide more loans to the poor and minorities under the Clinton Adminstration. The zero down, Alt A and Stated Income loans were pushed on the Banks by Clinton and Bush continued it !

07-22-2008, 01:16 PM	#1
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	Ben Bernanke on the Great Depression: "We did it." http://www.federalreserve.gov/BOARDD...08/default.htm On Milton Friedman's ninetieth birthday, November 08, 2002, Ben Bernanke stated: "Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again. Best wishes for your next ninety years." ))) __________________ ICQ 557504926

07-22-2008, 01:20 PM	#2
ADL Eddie Confirmed User Join Date: Feb 2007 Posts: 548	I need to finish his book on depression. Only read first few chapters (articles) __________________ 42 Dating Niches! $42/ Signup!

07-22-2008, 01:31 PM	#4
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	Interesting to read. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

07-22-2008, 03:26 PM	#6
AlienQ - BANNED FOR LIFE best designer on GFY Join Date: Mar 2003 Location: IALIEN.COM - High Definition Video and Photographic Productions -ICQ 78943384 Posts: 30,307	Well ya goto keep in Mind that it was MC Cain's chief adviser and President Bushes economic advisor that de-regulated both the mortgage industry and the oil industry. Ya do not hear the news talking about that so much. But if you look at the the chief Economic Advisor to McCain he is the same guy that was appointed by Bush. Now look... We got Mortgage lending problems and oil problems directly caused by the same fucking retard that McCaine wants to consult with for his campaign... Those two industries were de-regulated by the Bush Administration, and the same guy has his nose up McCain's ass hoping he can continue fucking up the economy. I forgot the name of that guy but right about now he should be shitting bricks not campaigning with MCCain! __________________ NAKED HOSTING FTW!11 I'm On The INSANE PLAN $9.95/mo! \| The Alien Blog Adult News Worth Reading Updated Daily \| Content For Sale! 641 PICS 216 MINUTES OF VIDEO $350.00 \|ICQ: 78943384 \| Last edited by AlienQ - BANNED FOR LIFE; 07-22-2008 at 03:29 PM..

07-22-2008, 04:08 PM	#7
spunkmaster Confirmed User Join Date: Jan 2004 Posts: 2,052	Mortgage lending was opened up to provide more loans to the poor and minorities under the Clinton Adminstration. The zero down, Alt A and Stated Income loans were pushed on the Banks by Clinton and Bush continued it ! __________________

07-22-2008, 01:27 PM	#3
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Earth Posts: 30,989	thanks for this