Bernanke, Paulson have driven our economy worst by the 850 billion dollars deficit. And Obama chose a crook as a nominee for Treasury secretary replacing Paulson. He didn't pay his taxes and he becomes treasury secretary will drive this country further in debt. Geithner is a part of the new Crooked, Mobster style Obama politics.
Commercial banks are hardly insolvent. They're all part of the FRS which means they can lend out many times what they actually have in reserve (the rest being created from nothing). With a 10% reserve requirement, BoA can lend out $10M with only $1M in reserve. If they only get $2M back, they haven't lost $8M, they've doubled their money! The "bail out" is lie. All this inflation is intended solely to maintain the wealth disparity between the citizens and the aristocracy that controls America.
Bernanke is running out of cards to play, he has already cut interest rates to 0. he has convinced congress that printing money, or taking on more debt is the answer. WELL, we already let him print and take on debt, and now he says more is needed. How long can this continue, there will come a point when people will no longer buy treasuries. The point will also come when we wont even be able to pay the interest on the national debt
Obama is a puppet Ron Paul is for real. Educate yourself don't believe anything from major news corps. or university studies. Practice co-op farming and own guns, and never give them up for ANY reason.
We need to balance the budget. Andrew Jackson did it, and was nearly murdered because of it. The assassin's weapon(s)misfired. Save Ron Paul, and remember our heroes and what they died for.
it's not new.
bob733333 3 years ago
Bernanke, Paulson have driven our economy worst by the 850 billion dollars deficit. And Obama chose a crook as a nominee for Treasury secretary replacing Paulson. He didn't pay his taxes and he becomes treasury secretary will drive this country further in debt. Geithner is a part of the new Crooked, Mobster style Obama politics.
DarthMai 3 years ago
SUCK SATAN'S COCK bernanke and Paulson
AcaiBerryMONAVIE 3 years ago
Commercial banks are hardly insolvent. They're all part of the FRS which means they can lend out many times what they actually have in reserve (the rest being created from nothing). With a 10% reserve requirement, BoA can lend out $10M with only $1M in reserve. If they only get $2M back, they haven't lost $8M, they've doubled their money! The "bail out" is lie. All this inflation is intended solely to maintain the wealth disparity between the citizens and the aristocracy that controls America.
Piscivorus 3 years ago
Bernanke is running out of cards to play, he has already cut interest rates to 0. he has convinced congress that printing money, or taking on more debt is the answer. WELL, we already let him print and take on debt, and now he says more is needed. How long can this continue, there will come a point when people will no longer buy treasuries. The point will also come when we wont even be able to pay the interest on the national debt
faasprabbit 3 years ago
Just print more money and rob the American public to give to your Zionist bankers you fucking parasite.
willquinteros 3 years ago
I thought the MSM was predicting an up turn just around the corner?
haha ahh the sheeple..
fatmoleman 3 years ago
So who made Bernanke the Secretary of Treasury?
Not that there's a difference between him and his spend meister spitting image Paulson anyways.
therealcaptobvious 3 years ago
How will recovery be lasting if you keep printing today's money against tomorrow's wealth?
Uvissiet 3 years ago 2
Obama is a puppet Ron Paul is for real. Educate yourself don't believe anything from major news corps. or university studies. Practice co-op farming and own guns, and never give them up for ANY reason.
We need to balance the budget. Andrew Jackson did it, and was nearly murdered because of it. The assassin's weapon(s)misfired. Save Ron Paul, and remember our heroes and what they died for.
"I KILL THE BANK"
Andrew Jackson's favorite saying.
hsubllik 3 years ago