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« 12 Days of Christmas: Government Spending Edition | Main | Tom Petters: Convicted Hedge Fund Ponzi Master Gives Drug-Addled Speech To MBA Students On Business Ethics & Core Values - Detailed Look At The Fraud »
Monday
Jan032011

Lord Bernanke spake and the sheeple listened: "All will be well my debt slaves, all will be well"

Video - Bernanke speech on the Fed's exit strategy

Who Needs QE2 - Watch An Overconfident Bernanke Talk About Shrinking The Fed's Balance Sheet

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Your Debt Lord speaks...

But to whom will he sell the exalted MBS...

Ben seeks to reassure those concerned that the Federal Reserve does indeed have an exit strategy for its massive asset purchases and ponzi-inflated balance sheet.  The only 2 things the failed Chairman got wrong in this presentation were the the timing and the direction.  

What he meant to say was that the recession would last a decade, unemployment would skyrocket and then would plateau instead of subsiding, that housing prices would fall an additional 30%, and that he the great Bernanke would in fact increase asset purchases not decrease them, let alone, god forbid, actually sell a pile of crap or two, and that he might even consider creating a brand new national debt monetization program with proceeds from the previous $1. 5 trillion mortgage backed securities debt monetization program, and that still nothing would work, but not to worry because the helicopter was not working right and as soon as he got it fixed, that all would be well.

 

These are must-sees:

Lord Bernanke spake, thus the sheeple listened and went shopping - part 1...

Lord Bernanke spake, thus the sheeple listened and went shopping - part 2...

 

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Reader Comments (9)

« Fed's Maiden Lane Spins Crap Assets Into Tungsten »

http://dailybail.com/home/feds-maiden-lane-spins-crap-assets-into-tungsten.html
Dec 13, 2010 at 4:26 PM | Registered CommenterDailyBail
Dec 13, 2010 at 4:26 PM | Registered CommenterDailyBail
« Amazing Video Of Black Friday Panic Inside Wal-Mart (WMT) »

http://dailybail.com/home/amazing-video-of-black-friday-panic-inside-wal-mart-wmt.html
Dec 13, 2010 at 4:32 PM | Registered CommenterDailyBail
Health Care Reform Provision Is Unconstitutional, Federal Judge Rules

http://www.activistpost.com/2010/12/health-care-reform-provision-is.html
Dec 13, 2010 at 4:33 PM | Registered CommenterDailyBail
Dec 13, 2010 at 4:33 PM | Registered CommenterDailyBail
Bernanke is a thief and is making millions, if not billions off the American people, with his shifty tradings and investments with Americans money. So why is he still the Federal Reserve Chairmen????
Where is our Audut Team and investigations of the IRS on his earnings.
Curious of how much unreported earnings, Bernanke has not filed with the IRS.????
I dare to say ......"A LOT"
Dec 14, 2010 at 3:27 PM | Unregistered CommenterAngelsmom
Just think, the "Ben-Ber-Nank" takes a Shit.......................eats his own shit, just to prove to us, his "Shit" is good for us..............If we eat his Shit, all were doin is eatting his "Fed Shit" as we have done all a long............

The "Ben-Ber-Nank" is sooooooooooo full of Shit, he will Eat His Own "Crap"......! He is so Fuckking Full of Shit, he talks like a "Shit-Head"...........!!!!!!!

What a F-Creep. Telling us, we Will Eat Crap, wile I will eat Steak, and tell goverment what to eat, and when to eat. Talk about the "Wizzered of Oz" behind the black curtian.............................
Dec 14, 2010 at 9:47 PM | Unregistered CommenterTexas Dar
That Ben-Ber-Nank, mad me mad last night. OK, all goverment makes me mad. Not at what thAre doin, but we cant do anything about it................& Thats Mad !
Dec 15, 2010 at 6:09 PM | Unregistered CommenterTexas Dar

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