Bernanke: Obama Stimulus Would Lift Economy

[BackInsight]

No. Its BS. And giving fat cats money to buy silver and gold.

[MarksMarketing]

the financial system is based on air and confidence bred by speculators and you are just a puppett of the speculation which gives the power to the IMF and other evils in the world. when you are on you d bed bernanki you will hear the cries of the ones you walked on

[Foreverclever87]

All these people saying that hyperinflation will destroy America have no clue what they are talking about.  The history of the US dollar is very complex, and saying "the constitution says we have to use gold or silver" doesn't get us anywhere. The gold standard is STUPID. Thank GOD Nixon got us off of it, it's probably the only good thing that he did do in office. Also, Ron Paul and Peter Schiff don't have all the answers. Sorry

[whitmts]

Bilderberger hoe

[BBCater]

100 years ago, a $20 bill, and a $20 gold coin would buy a cow. They were measures of the same thing. Today, a $20 gold coin will still buy a cow, while a $20 bill won't get you down the frozen food aisle. They have the same name (dollar) in their definition - how can this be?

Because the "dollar" is now worthless. It's a FIAT money system, and each time they print more, the stuff you have becomes worth LESS.

Bernanke wants to print and issue MORE, and we'll all have LESS as a result.

[BBCater]

Bernanke is the FED..... the FED issues our money. The stimulus says "print more money" and Bernanke benefits. It's that simple.

Our Constitution defines money as "gold or silver", and the definition of a "dollar" is a measure of those metals. We went off the gold standard, and now the "dollar" is a measure of nothing.

Can an "inch" be a measure of nothing? When you think of a "dollar" as an "inch" of money (both measures) what are we measuring? Can an inch shrink due to inflation?

[avrilsdream]

Now that the country is in an uproar about Obama's lack of experience and intelligence (regardless of his smoke and mirrors speaking tactics, or ability to use proper english), it makes you wonder how many of the people complaining put us in this situation by voting for him. I'd say many of them are the ones who can't read this and don't even know what politics is. But they were promised Air Jordans and Playstations. Can this country start to get real instead of voting for all the wrong reasons?

[cartoonglutton]

More Bernanke-panky. He told the same lie to scare people into supporting the Wall Street fat cat bailout. Didn't that bailout's failure to improve the economy prove that this is not the way to avoid economic catastrophe? STOP ALL GOVERNMENT SPENDING IMMEDIATELY - CUT TAXES - ABOLISH THE FEDERAL RESERVE AND IRS NOW - IGNORE YOUR FEDERAL AND STATE TAX "OBLIGATIONS"!!!!!

[civusamericanus]

Bernanke, GFYS.... Answer is leave Iraq and the Middle East NOW! Quit bombing bridges in the middle east , then pay to rebuild them, and then waste money rebuilding over there! Take that money save it on the deficit, cut the deficit, then spend some on our infrastructure. But as long as we try to STIMULATE the ecomony through DEBT FINANCING, its impossible.

[horta85]

Fuck Palin, Obama and all those clowns!

We need a experience president who understands our situation and understands the risk of possible solutions. Not just throw billions of dollars like Obama is doing for a quick fix. But people are captivated by appearance money and the media. So here is your reward people!

[avrilsdream]

yes

[manliter]

It is time for a revolution. Do not file taxes. Enclose a tea bag in you tax return envelope. Do not file taxes!!! Our version of the Boston Tea Party. It must be done. We must stand up against the regime. Let's get together on this and send Washington a strong message. It takes guts but we can do it. Demand that we receive ascitizens a bailout of minimum of $100,000.00 to stimulate the economy. Only mnoney in the hands of consumers can do this. Demand our tax money.!!!!!!!

[nathands]

I kind of like this idea. Only thing is, me and alot of other people get taxes back. I do like this line of thinking though, because we have to do something.

They are spending our childrens future away with reckless abandon, and nobody messes with our children.

Think about it, what would you do if some stranger just walked up and smacked your kid in the head? Well what the politicians, democrat and republicans, have done is even worse.

[ecwaufisxtreme]

Palin will be our NEXT President for she is GOD's CHOSEN ONE, GOD INCARNATE and the LIVING EMBODIMENT OF GOD HERSELF! She will be America's GREATEST POTUS of ALL TIMES and will put ALL MALE POTUS to SHAME because they are ALL HER DICKLESS and BALLESS BITCHES and PUSSIES! She will fulfill her destiny because it is GOD's WORD and WILL and GOD HERSELF SAID SO! Palinomics will save this country from a 2nd Great Depression and America will see its most golden and glorious 8 years under Sarah Palin.

[inachu]

My co worker said white construction workers will not be given any of the stimulus money. HAHAHAHA

He is so paranoid and racist. Lets wait and see if this is true.

[dafunkmonster]

Since when is it the job of the federal reserve to be the savior of the economy?

Where in the constitution does it give the government the right to buyout huge portions of private debt?

America, wake up. You're being had. Your government is selling you out, and the only people benefitting from it are the media, the dishonest billionaires, and your congressmen.

[inachu]

Under Bush watch with the gay MR frank who allowed the housing dept allowed thos who cant afford homes buy them anyway.... So every low income person starts to buy a house living on bread and water then refinanced themselves out of a house.

[joe035]

Your right, this countries full of fools. Ron Paul was the best choice.

[nathands]

I agree 100 Percent. His book Revolution says it all. And to think, I used to think he was a conspiricy theory wacko. I will vote for him next time for sure.

[saveurhomenow]

Don't Get Foreclosed On Modify Your Loan go to homesaver(DOT)tk

[truefaith00]

This is going to get freakin unreal. Will people finally realize that we cannot spend our way out of this mess when national unemployment reached double digits? Gets over 15%? When????

[joe035]

your right! Ron Paul would have been the best solution to fixing this mess.

[chewbaca1989]

"I Killed the Bank"-Andrew Jackson's inscription on his tombstone, no shit.

Kill this fucking Zombie, lop the heads.

[OmarThePug]

Peter Schiff said that this "stimulus" is like being head over heals in debt with your home and deciding to remodel the bathrooms.

Yeah, when the banks come and foreclose they have a nicer house to resell.

[ohmybentley]

Yea thanks and whatever. What a joke. after this comment the price of oil went up. Yea that means the price of everything goes up,gas,food,etc. Keep talking . Help the people, help this economy right now,quit talking.

All they care about is themselves. He gets a check every week,and so does congress etc. They are the only ones with job security.

[xlioilx]

KILL THE FED SO AMERICA CAN LIVE!

[zelbah]

Reality check.

The Banks got their cash so they 'did not' have to hold onto

everyone else's debt.

They are liquidating foreclosed properties

as fast as possible so not to have to pay property taxes on them and to get the loses off their books.

They know what everyone else should finally learn from all this....CASH is KING.

[knsummers]

Hasn't Bernanke proved that his judgment is poor ? That he thinks Obama's plan is good makes me think otherwise.

[phatcityhogs]

me too, i hope americans can get out from under these guys

[phatcityhogs]

does anyone still believe this stuff?

[HollowEarthling]

Nope, it's lip service for the zombies. It's doublespeak for the evil shit they are planning to try to fleece us with. I hope it has the opposite effect of enraging the population in time.

[ydlafams]

That's the blessing and the curse of having a fiat money system, as opposed to a gold standard.

[GeminiAzules]

its woolsy!

[santasxgirlfriend]

the white bearded weasel!

[lookingforghosts]

bernanke sucks Moose!

[officialusa]

a stimulus package is a loan. You can not borrow your way out of debt. A loans is additional debt with added interest.

[SonnyWyatt]

You know that, and I know that....but too few people know that. That is the problem.

[Mysticomega]

we're already screwed now we're just talking about a matter of degree...