Thursday, September 8, 2011

Ben Bernanke: Worst Failure in the History of World Finance

I just heard the conclusion of Ben Bernanke's speech today (Bernanke, to our detriment, remains chairman of the Federal Reserve, as he has been for the whole DOWNWARD collapse of our economy). Bernanke again confirmed why he is The Worst Failure in the History of World Finance. It was like listening to Obama.


No reccognition of Bernanke's FAILURE, from the time he was appointed in 2006, to do AnYTHING to even mitigate the "Great Recession"--the wrost recession since World War II. In other words, Bernanke has done WOARSE than every single Federal Reserve chairman since World War II, an dseems to have no clue as to his FAILURE. He talks aoubt TOOLS, as if he did not have those same "tools" BEFORE our economy collapsed, and had not FAILED to do anything about the collapse.


Wait. It is much worse than this. We not only have had the wrost recession since Wrold War II, but the WORSt recoveRY since World War II. Berrnanke has been there the whole time, and bears major reponsibility for this FAILURE. The man, again, seems to have no clue, and took NO responsibiilty. Likke Obama, he "blamed" EVERYBODY: and EVERYTHING else. Well, Ben, I BLAME YOUO. Yes, YOU. Ben Bernanke. The Worst Failure in the History of World Finance.


You heard Mitt Romney criticize China as a "currency manipulator". Well, we have a "currency manipulator" right here in River City. His name does not rhyme with pool, however, His name is Bernanke, the most blatant currency manipulator in the history of the Untied States. No one else is even close. And he FAILED. He deabsed our lcurrency, KILLED LPEOPLE throughout the world by causihng massive inflation in food lprices (along with Obama), and inflated our economy to the pint that gas prices KILLED the fragile "recovery". The Worst Failure in the History of World Finance. No, I don't exclude Herber Hoover. Hoover was bad, bukt he did not have the pervasive influence on economic and monetary policy that Bernanke has had (no "tools" for one thing, good as that may have been in some respects, if Bernanke is any indication of what "having tools" means). Bernanke has presided over this economic FAILURE more than any other person in history has ever done, and he is RESPONSIBLE for the results (along with Obama).


It turns out that we have had 3.5% INFLATION in the first half of this year, and htat is with a CHANGED DEFINITION of "inlfation" that essentially excludes energy and food. That is entirely the result of Bernanke's policy of Quantitative Easing 2" (printing money, although LIAR Bernanke has consistently denied thatis what he did, failing utterly to explain where the Fed got the "money" to "buy" our own debt, and thereby monetizing the debt). What and who do Bernanke blame for this INFLATION? As stated, Bernake blames EVERYONE AND EVERYTHING BUT BERNANKE. High oil and commodity lprices, without acknowledging the role Bernanke played int hat: the LEADING role. Japan. The list goes on and on, but I could not listen to them all. My attention wandered, as it does when I am listening to a FOOL. Bernanke is a fool That would not matter, except that he SILL has massive inflluencde over lthe American economy--even over the world economy. Yes, the Wort Failure in the History of World Finance is still there. Talk about rewarding FAILURE!!!!!!!!!!


Oh. Bernanke also, as usual SAID NOTHING. He is, after alll, an economist. Bernanke tried to avoid all personal responsibility, but still SAID NOTHING. No "explanation" of the consistent FAIURE (beyond blaming everyone and everfything else). No specification of what the Fed intends to do to "make sure that the recovrey continues" (as Polyanna Bernnake said, with a smirk). No inflation, wihout explaining that this is because of Bernanke's FAILURE to bring about a real recovery. If ur economy again COLLAPSES, then we obviusly can't have much inflation. Bernanke still went with this riidiculous "promise" to keep interest rates at essentailly zero, NO MATTER WHAT INFLATION WE HAVE. No, he did not say thqat last part, but what else can he MEAN by such a "rpomoise"? Surely, Bernake would not "lie". Oh, yes, he would. He is a dishonest, dangerous man wityhout a clue.


Enoguh. Bernanke is not worth any more. He remains The Worst Faiure in the History of World Finance, and he compounds his multiple faiures every day, and with every meaningless speech he makes. Yet, the peoiple of Wall Street look to Bernanke as their "savior". That is yet another reason that the peoiple of Wll Street are The Stupidest People on Earth.


No proofreading or spell checking (bad eyesight). If you doubt me on Bernanke, by the way (never doubt me), then I DARE you to explain WHO presided over the WORST recession since World War II, and WHO presided over lthe WORST "recovery" since World War I thought BERNANKE was Fed Chariman through ALL of this time, with more than enough time to do something about the collapse so many people saw coming. Am I wrong? Did the MARITANS or the RUSSIAN or the CHINESE put someone in place of Bernanke while we were not looking. Unless you can show me that such a thknng happpened, I DARE you to explain why Bernanke is not responsible for what happened. I know that if you are on Wall Street, your brain is not capable of handling this obvious a concept. You are one of The Stupidest People on Earth, as lyou have agian proven with your worship of Bernanke. I have hoopes, however, tghat if lyou are not part of Wall Street, or an economist or member of the mainstream media, that you will ralize that a GENIUS would NOT have presided over both the worst recessin and worst recovery since World War II.

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