Bernanke Reads Financial Blogs

Matt O'Brien, business and economics editor at the Atlantic put this message out on Twitter while watching Bernanke's speech at the University of Michigan, where readers were encouraged to submit questions for the Bernank via Twitter.

Bernanke: "I read blogs. Blogs have become pretty important source of intellectual exchange." #fordschoolbernanke

— Matt O'Brien (@ObsoleteDogma) January 14, 2013

Here's another question for the Bernank from Fake Blythe Masters.

Mr. Bernanke, would you consider your term as chairman of the Fed as 'successful' or 'very successful'? #fordschoolbernanke

— Blythe Masters (@FakeBlythe) January 14, 2013

Check out the hilarious tweets and questions here.

Photo from Univ. of Michigan.

Photos by William Banzai7...

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And here's one just for you, Bernanke, in case you're reading.

Comments

[Cheyenne]

Bernanke's reaction to Alan Greenspan's sustained ejaculation of truth starting at 7:09 in this video is absolutely priceless:

http://www.youtube.com/watch?v=2WEoJVJkZfU

ALAN GREENSPAN: There was rampant fraud [involuntary sidelong glare from BB] in a lot of what was going on in these markets. There are two fundamental reforms that we need, that is, to get adequate capital and two, to get far higher levels of enforcement of fraud statutes, existing ones, I’m not even talking about new ones. Things were being done which were certainly illegal and clearly criminal in certain cases [head goes into hand] Fraud creates very considerable instability in competitive markets. If you cannot trust your counterparties, it won’t work. And indeed we saw that it didn’t.

[SKINFLINT]

Interesting video on Maryland fraud. Listen as Mr. Wetzelberger explains how mortgages are money, how it is off shored and also how the Maryland judiciary has a vested interest in keeping this shit going. M&T is the bank. They also raided HUD to the tune of billions in NY state. http://m.youtube.com/?piggyback=2#/watch?v=Z2_cKtvpSIY&desktop_uri=%2Fwatch%3Fv%3DZ2_cKtvpSIY

[Omair Khalid]

This is a great article. I learned much. Keep up the good work. I would also like to share my opinion with everybody. I honestly don't think that banks are going to help us out. I think that it is better if the borrowers communicate their needs through loan brokers like Biz4Loans at biz4loans.com instead of actual lenders

[John]

The fed and corporate profits

http://mobile.reuters.com/article/businessNews/idUSBRE96O03U20130725?irpc=932

[SKINFLINT]

http://www.zerohedge.com/contributed/2013-07-25/fed-economist-fired-investigating-suspicious-9-11-cash-transfers-and-steve-ke Money movement.

[SKINFLINT]

Don't know if Cheyenne still checks in here, but this article from Bloomberg is just awful. UBS, is sued by the US FEDS foe 4.5 Bln in losses and settles for not even close to this amount. Does not admit fucking fraud, and continues to operate. Furthermore, GE and BOA have also settled for undisclosed sums of money. WTH? http://mobile.bloomberg.com/news/2013-07-25/ubs-agrees-to-pay-885-million-to-settle-u-s-securities-suit.html