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"There Is A Difference Between Bernanke And Houdini, Bernanke's Not A Magician, We're On The Verge Of A Great Great Depression, Near Panic Among Money Managers" (CNBC Video)

CNBC panel last week.  This one speaks for itself.



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Reader Comments (12)

House Republicans will huddle on Thursday to discuss their members' position on Libya a day after unexpectedly withdrawing a resolution disapproving of the conflict. Speaker John Boehner conceded to reporters that many House Republicans are concerned by the military operation and called on President Obama to "step up" his explanations for the conflict.

Jun 2, 2011 at 3:01 PM | Registered CommenterDailyBail
Gold is the only place for new money in June

Commentary: The fundamentals and the technicals align for gold now

Jun 2, 2011 at 3:07 PM | Registered CommenterDailyBail
This video will show why our freedoms may be at stake if we don’t cut government soon.

Jun 2, 2011 at 9:58 PM | Unregistered CommenterLiberatedCitizen
The order of the day is to bankrupt America and put it into receivership of the banks with the military being used like witless mercenaries to maintain this order. All because the U.S. adopted the Fed, a definite end-game oriented ponzi scheme requiring unending, exponentially growing consumption rates to make the thing the orgasm by proxy the inventors at Jeckyll Island aimed for. Very tacky. Like metrosexual date rape, only more drawn out and tortuous. (Think S&B/S.E.C. banking and CFR R-rated television.)
And since the tax base has been so eroded, along with purchasing capabilities, the compound interest leaving the economy for a big safe somewhere is the guide for planned, inevitable ruin. All to the glee of the bankers and the Council on Foreign Relations. if all of America was made up of out-sourcers, the death of the country would be only slightly slower. I hope you generals out there respected Pat Tillman more than the past five Commander in Thieves.

We must put this, our country back together again, somehow. Bush,Clinton, Bush, Obama, Mitterand, Blair, Campbell, this IMF wanker, etc. all spell bad news for invention and genius if America fails. Dump the Fed. Payback's in greenbacks.
Jun 2, 2011 at 11:28 PM | Unregistered CommenterHoward T. Lewis III
i agree about dumping the fed...time to take back the constitutional power to coin our own money as the founders intended...for most of my life i would never have said this...let's face it, we know that congress will spend like crazy if they have the power of the purse and can print as they wish, but after the last 4 years of Fed printing and general mischief, i now believe congress couldn't do any worse...plus, if congress printed there would be no debt accumulated...it would all be free essentially and we wouldn't have to pay back anyone...
Jun 3, 2011 at 12:04 AM | Registered CommenterDailyBail
Basically what this administration has done is give the nations wealth to the bankers who are fat and happy again. If anyone in the msm had bothered to check out his background and read his books they would have known that he is anti-capitalists and anti free trade.
Jun 3, 2011 at 4:43 PM | Unregistered Commentergenomega
Liesman smirks throughout the entire clip...

Does he think this shit is funny? Obviously, Liesman does not agree with this guy and he is a HUGE Fed-O-Phile who fellates the hedge fund managers during his down time, but did he think it was funny when The Fed powered our road to the abyss? Does he think it's funny that QE1 and QE2 have been abysmal failures, which will saddle us forevermore? Does he think it's funny that reported unemployment is above 9% with the real unemployment rate much, much higher (btw, where is The Fed on this?)? Does he think it's funny that more and more middle class (what's left of it) nesteggs are becoming more and more worthless everyday?

Yeah, he should be smirking witth disgust, but not about what this guy is saying...
Jun 4, 2011 at 3:34 PM | Unregistered CommenterJosie

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