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Comment: Translating Benny

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Translating Benny

Benny Bernacke really was saying today...

" I can't get China or Japan to buy more treasuries, so the Fed will step up buying of them to the tune of 40b $ a month. and just so Gold doesn't spike, we will naked short the Gold and Silver markets and cover the shorts with more phony balony US $'s".

"Oh yes and we will keep Interest rates frozen until unemployment drops under 6.5%, but we are the Fed we do not give a F'n A about unemployment."

"This isn't what the govern meant"

"Win the crowd and you will win your freedom"