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Bernanke: "This Whole Thing Is A Kleptocracy"

Bernanke Breaks Down: "This Whole Thing Is A Kleptocracy"
4-1-13

In an unprecedented abandonment of his carefully scripted responses to Congressional questions, Federal Reserve Chairman Ben Bernanke unleashed what appeared to be a heart-felt and spontaneous disavowal of the financial and political systems of the United States.

Asked a question about the wealth effect, Bernanke paused and said, "The wealth effect. Ah, right." He then smiled faintly and shook his head. "You want to know about the wealth effect? Well, I'll be candid with you. This whole thing is a kleptocracy--the financial system, the political system, it's one big kleptocracy. That's the real wealth effect."

Seeming to find his footing, Bernanke continued with a passion that startled the audience. "You know, I told myself to just repeat the party line for another year so I could step down quietly and let Yellen or another of the toadies take over, but I realized that I can no longer stomach the lies, the obfuscation and the plundering."

"Yes, I have a plum position lined up at Goldman Sachs after my retirement. You know, give a few speeches and pocket a couple of million dollars, but I am tired of the dirtiness of all this money."
Leaning into the microphone, Bernanke asked, "Aren't you tired of the dirtiness of all the money you take? Aren't you tired of the lies we're all living?"

"I am supposed to be an expert in economics. ....
More at:
http://www.zerohedge.com/news/2013-04-01/guest-post-bernanke...




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Drunken Bernanke tells it like it is...

Thanks, Onion. http://www.theonion.com/articles/drunken-ben-bernanke-tells-...

http://o.onionstatic.com/images/articles/article/21/21059/Dr...

Potential Annualized National Debt Allowance - a look at 40 years of PANDA next Pandaline - weekdays central time

April Fools: Fool for a day. Century Running Fools: Central Bank


Though the foolish bank was foreclosed & large storage truck for asset seizure, sheriff deputies & local television news crew. What a show! Not at April Fool to be seen (No bank employee on action newsreel; they remaiined in their den).
Central Banks run run banks. No need to for you to run to the bank. Banks make house calls. So can you. Get your foreclosure today!

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

wow! i wish this was real...

too good to be true..

"When the people fear the government, there is tyranny. When the government fears the people, there is liberty."

-Thomas Jefferson

SteveMT's picture

Someday soon after he's arrested, hopefully.

I wish that the article had contained the following:

Bernanke:

And oh, that Congressman Ron Paul! He was right all along. Ron Paul knew we were outright stealing from the American people. When he asked me "is gold money," I lied like the devil himself and said "no." Whenever Ron Paul asked me a question, I squirmed like the lying, cheating, NWO banker that I am.

egapele's picture

LOL! Happy April Fools Day to you too.

:-)

SteveMT's picture

Good. You have a sense of humor.

I thought we needed a little levity on the April Fool's Day. Appreciated.

April Fools. Har har.

April Fools. Har har.

meekandmild's picture

kleptocracy

A kleptocracy (sometimes cleptocracy) (root: klepto+kratein = rule by thieves) is a term applied to a government that extends the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats) at the expense of the population. A kleptocratic government often goes beyond merely awarding the prime contracts and civil service posts to friends (a common feature of corrupt governments[citation needed]). They also create projects and programs at a policy level which serve the primary purpose of funneling money out of the treasury and into the pockets of the executive with little if any regard for the logic, viability or necessity of those projects.

http://www.websters-online-dictionary.com/definition/Kleptoc...

SteveMT's picture

Thanks for providing that definition, meek.

Imagine if Bernanke did finally admit to this someday after his arrest?! Thanks for first bump.