Hilarious Post from guest that just appeared on CNBC today - Zero Hedge
http://cfecon.blogspot.com/2009/08/zero-hedge-hilarious-post...
Zero Hedge: Hilarious Post by Michael Pento
Submitted by Tyler Durden on 08/25/2009 18:23 -0700
By Michael Pento
Apparently I was wrong. You have to be a complete lunatic to embrace a gold standard or even suggesting our central bank behaves as if we were on one. After debating with Mr. Mark Vitner of Wachovia on CNBC this morning, I now realize that the Fed has done a wonderful job all along. They have prevented all recessions, defended our currency and have prevented all asset bubbles from occurring.
It was perfectly justified to have Pets.com trade at 15 million times the eyeballs that clicked on their web site. Who needs earnings when you are part of the new internet phenomenon? It was also fine to flip a condo 5 times before it was even built. After all, shouldn't a house that slowly disintegrates into the soil appreciate at 4 times the rate of inflation?
We need more asset bubbles, a lower dollar, less savings and more consumption. We need to print more money and let the Chinese worry about producing stuff. Our money is prettier and now comes in new and exciting colors. And as long as foreigners buy our Treasuries, who cares about how large the debt grows.
I just feel better knowing the Fed is there to bail out rich folks, bankers and those in debt. We need a flexible currency that can slowly wipeout the middle class and those dumb enough to save money. I say long live Banana Ben!
Easy solution
Expose the owners of the fed.
They are doing everything in their power to keep us distracted and fighting about the 'issue du jour."
Do not think helpless because that is WHAT THEY WANT.
They are selling futility. Don't buy it.
Loeb, Desmairas, Draper, Hewitt, Greenberg, Train, Lehman, Brezinski, Loeb, Smith, Windsor, Weinberger, Whitehead, Kissinger, Luce, Volker, Pyne, Warmer, Sisk, Duke, Drexel, Warner, Buffett, Sisk, Duke, Elliman, Murphy, Roosevelt, Murdoch, Drexel, Schroder, Huntington, McCloy, Stillwell, Cabot, Forbes, Moss, Bronfman, Russell, Collins, Reynolds
Freeman, Van Duyn, Disney, Li, Merovingian, Bundy, Onassi, Dupont, Allen, Armstrong, Berg, Barad, Malone, Bezos, Windsor, Gates, Bloomberg, Bradley, Biondi, Sergey, Erdogan, Case, Chernin, Brown, Cox, Daft, Dean, Dell, Diller.... sure enough some of these folks aren't around anymore. So? That means all the horror they committed is ok?
List of shame continues...you could add all the congressman since the fed act passed in 1914...they have done nothing. Nothing. Nothing.
Add your own favorite names for double the fun!
These people are selling us down the river.
It is not 'organizations' that are selling us down the river.
It is people.
Bernanke and his bosses and all his friends too!
CEO of Goldman, the crew over at the CFR...etc etc.
As soon as we start focusing on these men the quicker they will cut and run.
Now I have a test for ya.
The poster that takes a couple of these names and challenges me...probably works for them...guess how I know this...?
That is what they have been doing since I started posting here ...long long ago......remember...I am "shrill" and I think that is supposed to be bad....so don't listen to me.
Just learn to divine the truth on your own. The names above DO NOT want you to do that..which is why they want you to watch Fox. No thinking on your own now...
Unify
I wish I could remember how to laugh.
"In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism." - Mises - www.mises.org
"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com
Remember how to laugh
Watch this:
http://www.dailypaul.com/node/104553
it's more of a laugh in
it's more of a laugh in disbelief, sadness, utter despair and possibly a glimmer of hope.
sometimes I feel like a prisoner in the electric chair right before they pull the switch
Any last words?
Yeah, what the f...
awesome
awesome