On Mar 11, 1:57=A0pm, phil scott <p...@[EMAIL PROTECTED]
> wrote:
> On Mar 11, 7:47=A0am, Jerry Kraus <jkraus_1...@[EMAIL PROTECTED]
> wrote:
>
> >http://biz.yahoo.com/ap/080311/fed_credit_crisis.html
>
> > In his infinite wisdom, and in an effort to tem****arily prop up the
> > collapsing Stock Market, that "Moron at the Fed", Ben Bernanke, has
> > decided to print money like it's going out of style, and hand over 200
> > billion dollars to the Banks based on nothing whatsoever in the real
> > world, as we know it. =A0 While this is tem****arily -- very
tem****arily
> > -- pleasing investors, its effects will obviously be disasterous for
> > the economy as a whole. =A0While it will tem****arily -- very
tem****arily=
> > -- hold off the final and total collapse of the U.S. banking system,
> > it will, as a direct result, cause the final and total collapse of the
> > U.S. currency, as well. =A0Ah, well, there's no pleasing the right
wing
> > until everything is TOTALLY DESTROYED!!!!
>
> unfortunately there are few if any exceptions to that pattern in world
> history, all on the same trend lines, with the same markers and mile
> stones, govt and private population demographics....govt bloat/
> starving people...wars to fund govt and its insiders, then counter
> attack on a 360 degree front... =A0the empire collapses to be left in
> ruins or crawling off to reboot at a much lower level.
>
> Phil Scott
The really funny thing is that investors are congratulating the Fed on
being "creative". Gee, how brilliant. Let's print money we don't
have to paper things over for a while! Yeah, that's gonna work REAL
well. Just like in Germany in the 1920's. Hyperinflation.
Destruction of the currency. Great idea. What an utter goof that
Bernanke is. Fits in well with the Bush economy.
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