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Old 11-06-2010, 07:40 PM   #1
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Federal Reserve Chairman Ben Bernanke defended the Fed's new $600 billion program to aid the economy

This is the guy that has been in that office since the democrats took office in 2007, 15 months later , all the shit started, why the fuck is he still there?


http://news.yahoo.com/s/ap/us_bernanke_stimulus
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-06-2010, 07:44 PM   #2
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my guess is because he is the best man for the job?
or do you have someone better, more qualified, with more experience in mind?
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Old 11-06-2010, 07:50 PM   #3
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my guess is because he is the best man for the job?
or do you have someone better, more qualified, with more experience in mind?
Anyone can print moiney!





It's fookin' magic!

Smoke and fucking mirrors!

Guess again!

Last edited by SallyRand; 11-06-2010 at 07:58 PM..
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Old 11-06-2010, 08:01 PM   #4
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He is an expert on the great depression and he was appounted by w not barry and he has term to fill out. i think He cant just be fired
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Old 11-06-2010, 08:04 PM   #5
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Also you should grateful because your income is based on cc sales.so he doesnt prop up the banks it would be bye bye credit cards
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Old 11-06-2010, 08:04 PM   #6
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Old 11-06-2010, 08:06 PM   #7
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He is an expert on the great depression and he was appounted by w not barry and he has term to fill out. i think He cant just be fired
I stand corrected, another mistake by Bush
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-06-2010, 08:08 PM   #8
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Also you should grateful because your income is based on cc sales.so he doesnt prop up the banks it would be bye bye credit cards
But do you think another stimulus will work were the first one is very questionable of any real results?
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-06-2010, 08:34 PM   #9
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$600 Billion is not that much really ? we blew $741 TRILLION in the Iraq War debacle.

QE2 won't make that much difference other than increasing the price of US Treasury Bonds ? who makes money off of that? Do the math ...
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Old 11-06-2010, 08:43 PM   #10
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$600 Billion is not that much really ? we blew $741 TRILLION in the Iraq War debacle.

QE2 won't make that much difference other than increasing the price of US Treasury Bonds ? who makes money off of that? Do the math ...
You didn't do well in math did you?
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-06-2010, 08:45 PM   #11
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$600 Billion is not that much really ? we blew $741 TRILLION in the Iraq War debacle.

QE2 won't make that much difference other than increasing the price of US Treasury Bonds ? who makes money off of that? Do the math ...
How does it feel to pull a figure out of your ass?
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Old 11-06-2010, 08:50 PM   #12
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Take a look at this:

See the entire article here:

http://pubrecord.org/special-to-the-...anking-cartel/

From the citation:

"When we analyze our current crisis, focusing on the past few years of economic activity blinds us to the history and context that are vital to understanding the root cause. What we have been experiencing is not the result of an unforeseen economic crash that appeared out of the blue with the collapse of the housing market. It was certainly not brought on by people who bought homes they couldn?t afford. To frame this crisis around a debate on economic theory misses the point entirely. To even blame it on greedy bankers, while essentially accurate, also misses the most vital point.

This crisis is the direct result of a strategic economic attack on the existence of a middle class and democracy worldwide. The stock market and economy have become weapons of mass oppression manipulated by an imperial banking cartel to impose order and exploit the masses. This crisis boldly represents the manifest evolution of the fascist spirit reasserting itself as the dominant ideology.

Any fairytale notions of the United States being a democratic republic built on the rule of law have been utterly dispelled. As a nation we have been bred and conditioned to be dangerously naïve to the darker forces which operate beyond the spotlight of the mainstream media. We have been blinded to what has been developing throughout the world.

The economic imperialism that has now blown-back to the United States and Europe has been evolving for decades and can be directly traced back to the end of World War II, to the birth of the CIA, International Monetary Fund (IMF) and World Bank.

For those of us who have been paying attention to economic imperial operations that have been carried out against countries throughout the world, this looks all too familiar. The IMF and global bankers have conquered the second and third world, and they have now moved on to countries within the first world. Western European and American working classes are in the cross-hairs now.

Economic and societal indicators, along with recent G-20 policy decisions, clearly demonstrate that they are carrying out and escalating systemic economic attacks throughout Europe and the US.

To put it in technical terms, the United States government has been taken over by a financial terrorism network. They have bought off leaders of both the Republican and Democratic parties, and have established a dominant role in all three branches of government and throughout the mainstream media. They have complete control of the economy, stock market, US Treasury, Federal Reserve, World Bank, IMF and global banking system. Free market capitalism has collapsed; it?s now a rigged global market. This is an organized criminal operation, an imperial fascist movement that is determined to destroy our very way of life.

A war has already been launched against us.

In just the past three years we have lost an unprecedented amount of national wealth, trillions upon trillions of our tax dollars have been looted by Wall Street, endless wars, enormous subsidies for the most profitable global corporations and tax cuts for the richest one percent of the population. Never before, in the history of civilization, has a nation been so thoroughly and systematically fleeced.

This is all the result of a coordinated economic attack by a global banking cartel against 99 percent of the US population.

Until we can become politically intelligent enough to see this as the reality and root cause of our current crisis, we will not be able to overcome it, our living standards will continue to decline and we will all be sentenced to a slow death in a neo-feudal system built on debt slavery.

The average American is horribly naïve to just how depraved, corrupt and addicted to power this banking cartel is. Through their control and domination of the mass media, they have kept their crimes against humanity out of public consciousness. We have been shielded from the global devastation and death toll that they have already wrought. The result is an unsuspecting population of confused and passive people having their future ripped out from under them, right before their eyes, without any organized defense or resistance."
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Old 11-06-2010, 08:51 PM   #13
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You didn't do well in math did you?


That's the biggest estimate I've heard yet. Kind of depressing.
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Old 11-06-2010, 09:03 PM   #14
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http://costofwar.com/

Read it and weep ...

Billion LOL

Just compounding the mess

Last edited by Barry-xlovecam; 11-06-2010 at 09:05 PM..
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Old 11-06-2010, 09:20 PM   #15
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But do you think another stimulus will work were the first one is very questionable of any real results?
40 percent of the stimulus is tax cuts.You like tax cuts.
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Old 11-06-2010, 09:29 PM   #16
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40 percent of the stimulus is tax cuts.You like tax cuts.
Stop keeping up Tony, people have a lot of catching up to do already.
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Old 11-06-2010, 09:39 PM   #17
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i think a cardboard box would be more qualified. He's there because he'll do the wrong thing, not because he'll do the right thing. the politicians need someone willing to do what helps them, and not what could be considered doing "a good job".
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Old 11-06-2010, 10:15 PM   #18
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Wait a second, this guy is standing behind a decision he made?

Someone is holding themselves accountable?

This must stop right now!
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Old 11-06-2010, 10:23 PM   #19
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$600 Billion is not that much really ? we blew $741 TRILLION in the Iraq War debacle.

QE2 won't make that much difference other than increasing the price of US Treasury Bonds ? who makes money off of that? Do the math ...
Quote:
Originally Posted by Barry-xlovecam View Post
http://costofwar.com/

Read it and weep ...

Billion LOL

Just compounding the mess
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Originally Posted by costofwar.com
$741,xxx,xxx,xxx
Let me help you understand numbers, the basic fundamentals of math:

One thousand: 1,000
One million: 1,000,000
One billion: 1,000,000,000
One trillion: 1,000,000,000,000

Now that I've educated you, can you please tell me that costofwar.com estimate again?
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Old 11-06-2010, 10:50 PM   #20
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He is an expert on the great depression and he was appounted by w not barry and he has term to fill out. i think He cant just be fired
What the hell are you talking about?

Barry nominated Bernanke to a second term as chairman of the Federal Reserve, he had the option not to. It took 3 votes to get him reappointed and it was the Republicans that stood firm with the 18 nay votes while the Democrats played politics and switched 9 votes after the first 2.
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Old 11-06-2010, 11:18 PM   #21
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This is the guy that has been in that office since the democrats took office in 2007, 15 months later , all the shit started, why the fuck is he still there?
What "shit" started 15 months after he took office?
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Old 11-06-2010, 11:50 PM   #22
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So you are just gonna print off another 600 billion. Didn't learn the first time around eh ?
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Old 11-07-2010, 02:44 AM   #23
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teenage hearthrob bernanke. another 600 billion ?
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Old 11-07-2010, 03:00 AM   #24
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But do you think another stimulus will work were the first one is very questionable of any real results?
Do you think any of the constant bitching you're doing on these forums, and worrying you're doing about the US / global economy is going to change your life in the slightest?

Quit bitching, roll with the times, and get to work.
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Old 11-07-2010, 05:28 AM   #25
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Let me help you understand numbers, the basic fundamentals of math:

One thousand: 1,000
One million: 1,000,000
One billion: 1,000,000,000
One trillion: 1,000,000,000,000

Now that I've educated you, can you please tell me that costofwar.com estimate again?
I misspoke ? but I rejoice in that ? I gave you an opportunity to feel so important.

You are now a legend in your own mind ...
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Old 11-07-2010, 07:06 AM   #26
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This thread reminded me of the old number differences.

"Americans use billion to mean one thousand million (1,000,000,000), whereas in the UK, until the latter part of the 20th century, it was used to mean one million million (1,000,000,000,000)."
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Old 11-07-2010, 09:09 AM   #27
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40 percent of the stimulus is tax cuts.You like tax cuts.
The tax breaks he came up with didn't work, he gave tax breaks to people buying hybrids, yeah, they have a bigger carbon footprint to build because of the caustic batteries needed than that of a regular car.
And there was the tax breaks for Chevy to build the Volt, that cost more than a regular family can afford.

here's a really good article
http://www.washingtontimes.com/news/...mulus-failure/
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-07-2010, 11:36 AM   #28
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But do you think another stimulus will work were the first one is very questionable of any real results?
the first stimulus was based on infrastructure funding and tax cuts

what exactly do you want the government to do, nothing?
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Old 11-07-2010, 11:38 AM   #29
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what exactly do you want the government to do, nothing?
that would be an improvement.
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Old 11-07-2010, 12:00 PM   #30
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I misspoke — but I rejoice in that — I gave you an opportunity to feel so important.

You are now a legend in your own mind ...
"$600 Billion is not that much really — we blew $741 TRILLION in the Iraq War debacle."

That's not misspoken sir...you literally thought we had spent over 1,000 times the proposed $600 billion plan on the Iraq War alone. Now that you understand it's not that much less than we've spent on a war that's lasted several years, you might take it more seriously. Carry on.
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Old 11-07-2010, 12:03 PM   #31
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doesn't seem like any of these idiots have any clue or confidence in what they are doing. they all have ideologies formed during the post-war bubble and have no clue what to do for sure in the current environment. making this a left right issue is for simpletons.
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Old 11-07-2010, 12:10 PM   #32
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the first stimulus was based on infrastructure funding and tax cuts

what exactly do you want the government to do, nothing?
read the link I posted, they should have done it a lot differently, it was made to stimulate the economy, it failed, so he wants to try again
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-07-2010, 12:19 PM   #33
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read the link I posted, they should have done it a lot differently, it was made to stimulate the economy, it failed, so he wants to try again
Have you seen South Park? You're totally Captain Hindsight.

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Old 11-07-2010, 12:21 PM   #34
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Have you seen South Park? You're totally Captain Hindsight.

Meh, 99% of people are Captain Hindsight...much easier than being Superman.
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Old 11-07-2010, 12:25 PM   #35
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Well, car phones (that later turned to cell phones) cost $1500 when they first came out and now everyone owns one.

Ben Bernanke studied or taught (can't remember) financial history of the Great Depression and you could not get a better man to understand or possibly clean up this financial mess we are in.
Like Obama saying we have Shovel ready projects, which worked in the depression, but can't work now because bureaucracy, Barry didn't take that into account because his advisers didn't think about that, Ben Bernanke being one of those advisers
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-07-2010, 01:21 PM   #36
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Have you seen South Park? You're totally Captain Hindsight.

Do you think they have an idea the "MIGHT" work this time?
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-07-2010, 01:36 PM   #37
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...pretty much why you can NEVER post anything positive from the current administration.
Not true, I loved when he said he wouldn't go after pot users in California.

And for his agenda, most of it I thought was a really good idea, just not executed for shit

I want healthcare to work, just don't think that a law that excludes the people that wrote it is worth a shit, along with several other companies and one local teachers union

I love he pulled most of us out of Iraq, why not all of them? and why are we still in Afghanistan?

I loved that he wanted to end don't ask don't tell, but he changed his mind on that.

I loved that he wanted to end ear marks and let a bill run on it's own merit, that didn't go to well for him.

I believed like most that the stimulus was a good idea, except for the fact that it was done in Japan 10 times and didn't work

I think he's a good speaker, except during a speech, I would love to see him look at the camera

I love that he wants bipartisanship, he just doesn't practice it, when conservatives form a protest group, he called them tea baggers, not very presidential.

I could go on?
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-07-2010, 01:37 PM   #38
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the Federal Reserve is a cancer on society.
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Old 11-07-2010, 02:18 PM   #39
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You actually proved my point.



....the other ten sank to pure republican shit.
Care to elaborate?
Ending the wars and pulling everyone out is republican?
Having healthcare that covers everyone is republican?
Don't Ask Don't Tell, ending it was promised by Barry. I think it should be ended, is that a republican thing?
Ending earmarks was promised by Barry. I don't think it will happen anytime soon, but it was promised and it sounded pretty good.
Japan did 10 stimulus packages, it didn't work, thats republican?
Gop and Democrats working together is a good thing for the Republicans?
I think that it's better for everyone!

As for the speeches, sorry, not making eye contact is just something that bothers me
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-07-2010, 02:38 PM   #40
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This is the guy that has been in that office since the democrats took office in 2007, 15 months later , all the shit started, why the fuck is he still there?

http://news.yahoo.com/s/ap/us_bernanke_stimulus
Because the power-elite want him there. Simple as that.

The Federal Reserve is a private entity .. it's as federal as Federal Express ... few people truly realize that, though many more are learning about it through various news stories and word of mouth from vocal activists.

The President, and other politicians, by and large, are puppets - they do what the power-elite want. Look at how little President Obama has accomplished - it's not for a lack of trying, but rather he has far less control than many people assume he, and past Presidents for that matter, has.

Ron
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Old 11-07-2010, 03:35 PM   #41
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My point was, it's impossible for you to point out 100% positive anything about the current administration. There is always something negative at the end.

So let me add a bit to see if we can get on the same page..


The stimulus package also funded the HAMP Financial Stability Plan. The republicans ripped this apart when it was first launched and said it would/is a failure. Now you don't hear one word about it from them. Why?

So far it saved 1.8 million homes and on track to save 4 million homeowners from losing their home due to predatory lending. The average US household is 3.2 people which means that 12.8 million people would lose their homes and leave the head of the household with destroyed credit. That's roughly half the population of Texas that would now be in a lower social cast.

Meaning, our property values plummet, kids uprooted from schools and forced into lower class areas because of bad credit, crime increases because of bad or no credit, prison populations increase, taxes increase due to needed social programs, etc.

In short, we are not the Japanese and this program is working..
Again, my complaint is not about the idea behind it, it's the leadership in the way it's executed
http://online.wsj.com/article/SB1000...938527666.html
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-07-2010, 04:27 PM   #42
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1.8 million homes or 5.7 million people I would bet, are delighted how the leadership executed the plan. I wonder how many of those 5.7 million are republicans?
More than half of the 1.4 million borrowers approved for temporary modifications have fallen out of HAMP because they didn't qualify.
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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Old 11-07-2010, 06:14 PM   #43
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Old 11-07-2010, 06:53 PM   #44
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$600 Billion is not that much really ? we blew $741 TRILLION in the Iraq War debacle..
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Old 11-07-2010, 07:19 PM   #45
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This is the guy that has been in that office since the democrats took office in 2007, 15 months later , all the shit started, why the fuck is he still there?


http://news.yahoo.com/s/ap/us_bernanke_stimulus
Well maybe this is why; I dunno but makes sense to me! Someone told me this via email but I have not checked it's veracity!

KFC has announced an addition to their chicken dinners. It's called the Obama Cabinet Bucket Dinner which consists of nothing but left wings and assholes.
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Old 11-07-2010, 07:23 PM   #46
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Well maybe this is why; I dunno but makes sense to me! Someone told me this via email but I have not checked it's veracity!

KFC has announced an addition to their chicken dinners. It's called the Obama Cabinet Bucket Dinner which consists of nothing but left wings and assholes.
The pelosi meal has two big thighs and two small breasts
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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