Bernanke's Road To Deflation: Will Quantitative Easing Work As Intended? (Guest Post From Banking Analyst Chris Whalen)

Last we checked in with Whalen, he was beating this clown into submission on CNBC.  He's back today with a look at Bernanke's love-child, QE v. 2.0.  Chris says it's not going to work as intended. Full detail on the inside.

Just last week, Bernanke was overheard saying:

• "It's hard out there for a Fed Chairman.  Quantitative easing is not an easy gig.  Rates are low.  F**k that.  Push them lower.  Change the language.  Buy Treasuries.  Tell Geithner to build a pipeline from his office to mine.  We're gonna buy so much worthless paper, they'll start calling me Richard Koo."

##

Click to read more ...

Al Qaeda Yemen Terrorist Dry Run (ABC VIDEO)

Video:  ABC's Brian Ross reports

Sorry for the off-subject post, but I think it's important to highlight that our security failed again.  Miserably.  They were questioned and then allowed to board.  Could have been a tragic error.  Government has stolen our liberties in the aftermath of 9/11, and all we have to show for it is another TSA failure.  Janet Napoltiano should have resigned in disgrace long ago.

Click to read more ...

When I'm 64 (The Obamacare Song)

Click to read more ...

Who's Afraid Of Elizabeth Warren, And Why? Examining Her Opposition (Ultimate Viewers Guide)

Warren told to quit now because "The banks always win. Always."  Wasted about 3 hours putting this post together.  Show your pity by clicking.

Click to read more ...

Chris Dodd On Elizabeth Warren's Possible Nomination: "Sheila Bair Is A Much Better Candidate" (VIDEO)

Links, story and video are inside.

Click to read more ...

Travelling Light, Obama-Style: 20-Vehicle Convoy, SWAT Team, Ambulance, Air Force One And Nuclear Codes Accompany Him On Holiday (PHOTOS)

Click to read more ...

If The GOP Takes The House, Issa Plans New Bailout Probe

Click to read more ...

Citigroup Is Cooking The Books And The SEC IS Getting Involved (Gasparino Video)

Update on the story from Charlie.  Links, transcript, quotes inside.

Click to read more ...

TUNE IN -- A Message From The Love Police: The International Bankers Control Your Lives (Must See Video)

If you're new to Charlie and the Love Police, be prepared for something quite unusual.

Click to read more ...

Peter Schiff & Henry Blodget With Dylan Ratigan (VIDEO)

Don't miss the Larry Summers joke in the first 30 seconds.

Click to read more ...

Bernanke's Jackson Hole Speech -- Complete Text: "We're gonna buy so much worthless paper, they'll start blaming me for deforestation"

Video:  Bernanke's failed predictions on CNBC

Bernanke was overheard saying:

• "It's hard out there for a Fed Chairman.  Quantitative easing is not an easy gig.  Rates are low.  F**k that.  Push them lower.  Change the language.  Buy Treasuries.  Tell Geithner to build a pipeline from his office to mine.  We're gonna buy so much worthless paper, they'll start calling me Georgia-Pacific."

The complete text is inside.

Click to read more ...

Geithner Makes Shocking HAMP Admission: Federal Loan Modification Program Just a Ploy to Enrich Big Banks

Click to read more ...

Out Of Control Deficit Spending -- Government Gone Wild: Morty Zuckerman Vs. Robert Reich (CNBC VIDEO)

Video:  Zuckerman vs. Reich -- Aired yesterday

From 2 guys who love stimulus, a battle for truth.  At least Zuckerman has the guts to admit he was wrong about the power of government spending.  Reich proposes a payroll tax 'holiday' which would help certainly, but time and deleveraging are the only cures.

At the 2:45 mark, Zuckerman admits to smoking marijuana, just not on TV.

Click to read more ...

Meet The QE Enemy -- St. Louis FED President James Bullard On The Economy & GDP Revision (VIDEO)

Besides the Liesman interview, several other stories on Bullard await you on the flip.

Click to read more ...