US debt default would trigger global 'crisis': Bernanke

[distressed7]

This guy needs some acid. I'd love to see this schnorr's inside world come out. He's always riveted in his head. He is a servant to the worst of schleps. He lies. He plays a shell game with the little schleps who believe him. He is just a used car salesman charged with taking the heat for the cockroaches of the worldwide banking industry. Someone, please call Orkin.

[sickasso72]

That Criminal is waaaay creepy. When your a liar and your in the lie its hard to see past it.

[99645md]

The shock wave is the billions of dollars that the fedreal reserve is giving to hundreds of banks across the world. Ben Bernanke is greatly responsible and does not want to take any responsibility for this theft. Why should any one listen to what he has to say? And why is this criminal still trying to make decisions for our economy? 

[jblcva]

The FED should pay the deficit. they have helped create

this fiasco. I am sure they have 14trillion laying around.

[Acerimmer12]

"The system" fuck yeah default and tear it down.

[ilkinond]

America was so much better off under the British - if the republicans had tried this sort of shit while we were in charge, we would simply have put them up against a wall and shot their livers out.

[Georgiapeach770]

@orkneymist I was being sarcastic...went over your head i guess.

[TheIxtlan]

All the congress have to do to solve the US debt crisis is for them to increase taxes.

Increase tax to the poor and give tax break for the rich.

Vote for Republican.

[jblcva]

@TheIxtlan Tax increases always get passed down to the little people..

[southpore1]

Ron Paul's popularity for president is quite low. I don't see him getting the Republican nomination, especially a kook like him, who wants to legalize drugs. Is that your stance on illegal drugs too, moron?

[dyingtolive123]

@southpore1 marijuana is the same effects and danger as alcohol really, just because the government says its illegal doesnt mean it is much different from alcohol. also drug gangs benefit from drugs being illegal. i'm not saying heroin should be advertised or sold at every bar but by making it illegal it allows gangs to prosper by selling it. drug businesses lead to guns, guns lead to death. also you think anyone that wants drugs has any difficulty getting them? making them illegal has no efect

[iamgod604]

just raise the debt ceiling to 200 T and make Gold price collaspe.. make those gold bugs lose their saving... Long LIve the Dollars

[empemitheos]

@orkneymist err

[anunnaki2006]

Remember folks that the Federal Reserve is controlled by the Exchange Stabilization Fund via the U.S. Treasury which is subordinate to the Universal Postal Union in Berne, Switzerland which is tied to The Worshipful Company of International Bankers controlled by the Crown which has been covertly controlled since the 14th Century by the Knights of Malta Amalfi merchants after the suppression of the Knights Templar who ruled the Crown since 1215. The Crown is controlled from St John's Wood!

[Georgiapeach770]

um why the fuck would we default? Clearly we have the money to still help parasitic countries like Israel or bomb libya, or send more troops. We still have the money to pay these incompetents their salaries...

[ksamongee]

Only a crisis if "YOU" and Obama choose to not pay our debt. Our revenue is over $2trillion next year and all you have to pay is $243 Billion. This standoff will finally force the White house to show their hand and decide where their loyalties lie, their bloated government or Sociel security checks for grandma.

[TheMainstreamHipster]

●▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬●WHO THE HELL IS MAXIMILIAN EVERARD MAGEE?●▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬● please respond

[movement26]

Bernanke.......A fox in charge of the hen house........Someone should remind him of "We the people"......not..... "We the banksters".

[RegioLunar]

The structure of the money must be changed. The US default will probably help cleanse the CDO pyramid which haunts governments. It will also put an end to fictious financial derivates which add no real value to society. Administering money produces nothing it only propels CEO luxury bubbles....

[CheckYourFactsPlease]

The GOP is pathetic. 

[LetsBeProud]

@CheckYourFactsPlease They sure are . If te US defaults thier rich friends make money because gold commodites will rise. So I say isn't that like minipulating the system?

[ozonewdb]

@LetsBeProud not when the system is rigged dumbass. OUR MONEY IS COUNTERFEIT! This asshole bernanke says gold is not money. For every dollar the fed "prints" we the taxpayers pay back 1.40 cents. gold inflation is based on the worthlessness of the dollar. As they continue to print money out of thin air, we suffer and pay the imaginary cost of it, like the slaves we choose to be. end the slavery, end the fed and its banker thieves.

[Eetaq]

@ozonewdb Alex Jones is not a PhD. It is better to get your economic information from people who have dedicated their lives to studying it than from radio personalities.

[ozonewdb]

@CheckYourFactsPlease Democrats are socialist traitors. FACT! Anyone that wants US citizens to pay more "tribute" to this Government is a complete moron. Taxes are enslavement but idiots like you will never understand this because of your slave mentality. so go spit out more welfare babies and expect the rest of us to feed and cloth them loser. keep feeding these wars with the blood of our children and our treasure for these monsters to profit from. RON PAUL 2012

[Eetaq]

@ozonewdb There is no correlation between high *income* taxes and GDP. Socialist? America has higher taxes than Canada, and they have free healthcare. We have to have high taxes to fund our military.

If you don't like the military, that's one thing. But if you don't like taxes, then you are just uneducated. Study a little econ.

[bodhisattvajihadi]

Well that's what happens when you make bad decisions and bad investments, consequences. What triggered the global crisis was squandering resources and fraud.  The entire political/financial systme of the world is constructed so a handful of people don't have to admit they are completely incompetent. They got their dream jobs, however they could, and they completely fucked up. Now they wont leave.

[stubbornVN]

It's some kind of lazy-unmarketed-government to walk around defaulting after accumulating debts. Use a capitalist approach and offer cheaper taxes (and trading tax credits scheme) for sale. Nationalist capitalists will buy up taxes thereby reducing future government debts. Imagine letting people buy good future-tax-rates by paying today's financing issues. Pay it back in pensions if they leave the market. The US pays for company burdens in any event - what about the people?

[BeautifulDances]

This is the GOP only hope, have another country take over the U.S. Because they know they do not have a chance in 2012. This could collapse Europe excluding Germany.

[130hc]

Liar! I hope you go to Jail for your crimes Mr:33 seconds

[EmeterioBetances]

If there is a global crisis I just want to be on an island alone with 2 sexy ladies. I don't need money cause money the root of all evil. If you follow the money you will find were the master mind behind the evil plots. So in that regards just place me on an island with two beautiful women. lol

[Prometheus666333]

@EmeterioBetances Women aren't really that beautiful without regular access to a drug store and a bathroom.

[INOVATION27]

OUR ONLY HOPE IS RON PAUL 2012 ! SPREAD THE WORD

[southpore1]

@INOVATION27 Ron Paul is KooK-a-Looka-a-Looka!!

[INOVATION27]

@southpore1 you're so ignorant. I'm guessing you want to be a slave with no rights for the rest of your life

[southpore1]

@INOVATION27 ...and you would want Ron Paul for president so you and your trailer park friends can legally smoke crack and collect your public assistance checks. Who's the slave?

[INOVATION27]

@southpore1YOU are my dear trailer park friend. he never said anything about legalizing crack. If you only knew the truth about our Government.... smh do some research. here's a hint. Kennedy was Assassinated because he Knew too much

[c00per69]

What happens when you let a bunch of flunkie lawyers run a country. You get flunkie policies. A lawyer by there very nature deceive and manipulate for their own gains. I prefer leadership by example not this crap. We only have ourself to blame for electing the stinken lot. To big to fail is just not the banks entitlment attitude, it is also our governments.

[Badtreewater]

Bullll'Shit!, go ahead and default. The money never existed in the first place.

How the fuck can the American people "Owe" for something they never received?.

[chaosmucker]

We should be RIOTING IN THE STREETS!!! WHY ARE WE LETTING THIS HAPPEN???? What is wrong with the American people WAKE THE HELL UP!!! Before its to late!!! FEDERAL RESERVE=Private owned bank! RON PAUL 2012

[chaosmucker]

Solution: Shut the Federal Reserve down & do away wqith it completely! It is the cause of this economic Recession!

Fact: We owe the Federal Reserve money!

Question: If the Federal Reserve is Gov't owned, then how do we owe it????

Fact: The Federal Reserve started this & we need to do away with this PRIVATE owned company! Instead of pointing fingers! It is not a right or left thing!

[TrollMCTrollinMAKKY]

Fucking republicans are the blame for this. I blame them and much more for the fuck-ups they have done, AND YOU FUCKING RETARDED PEOPLE KEEP VOTING FOR THEM?! BECAUSE OF THE FEAR-MONGERING PROPAGANDA BULLSHIT THAT YOU PEOPLE KEEP FALLING FOR?! AND THESE ASS-BAGGING FUCKERS USE RELIGION, MORAL VALUES AND ALL THAT SHIT TO SUCKER YOU IN?! YOU PEOPLE MAKE THE FUCKING DICTIONARY WORD "GULLIBLE" THE MOST USED WORD IN THE WORLD'S HISTORY! HOW CAN YOU BE SO FUCKING DELUSIONAL BY THESE PEOPLE?!!!!

[DillonDee1]

the VA programme FOR hOMELESS VERERANS has come into the the sights of deficit hawks in the Republican Party. AND In Paul Ryan’s proposed 2011 budget it was completely eliminated, which caused outcry among Democrats.

“The House Republicans’ decision to slash funding for housing assistance to thousands of homeless veterans shows a total lack of humanity

[BeautifulDances]

@DillonDee1 Not only that China has warned about this. Taking money away from the poor is not going to do anything because in time the poor puts back the money but the rich continue their free money they get from the government. Yes they get free money.

[BeautifulDances]

@DillonDee1 A corporation does not have to pay back stock money when the stock falls if I remeber correctly. I think the government pays the investors? Plus all the subsides they get why are they even complaing about tax breaks.

[StinkFingerr]

Hey Bernake, you figured out Turbo Tax yet?

How about you take your little fear tactics & use them to get Obama to stop obstructing a beneficial agreement for the country? Explain to president Curious George how socialism is about to crash the Dollar.

[deathtrapdeath]

This is just another global warming fart. Fuck off with your borrowing. The American people are ready to kick you left wing, homo loving, God hating, communist pukes out!

[dlucas90]

In other words, "please keep "borrowing" our money made from fairy farts, please don't put us out of the fraudulent, counterfeit business, I have a family and friends that eats gold and no real skills to pay for it".

[capleton48]

Hitler, Obama, and Lenin “National Socialism,” and “Marxist Socialism.”

[mrpatience2007]

oh lord here we go again....... why isnt this guy in jail?

[the82spartans]

I can't believe him for all the tea in China. Or Tee-bils for that matter.

[Panchee123]

dont believe this douche

[morethanthesky]

gee I wonder why ben you ass

[Tallacus]

Ben Bernake is a criminal, the Federal Reserve is a PRIVATELY OWNED BANK, don't believe watch The American Dream, WAKE UP PEOPLE, WAKE UP!

[Phead128]

Banker's mistakes, war blunders, and pork spending passed on through spending cuts/higher taxes on future generations like me... :-(

[UnblockedOne2]

go ahead & default. I have tons of food & all you gold & silver fools will be staving. suckas

[DrStrangelove666]

@UnblockedOne2 Staving for vampire meat isn't so bad. I hear it makes a great graveside treat after a hard day of stealing gold dental work.

[UnblockedOne2]

@DrStrangelove666 haha. get all the gold you want, you'll just find yourself trying trading it for what u really need.

[lights21002003]

that what they said last time if you dont give me you fuckin money then the world would die

[slonamu]

I hope they default. Enouth stealing by the banksters.

[ThickShades1]

why is this guy still talking and why are people still listening to this arse?