The Return of Bernanke and Obama’s Incomprehensible SOTU
by The New LedgerIt’s time for your weekly dose of markets and politics with Coffee and Markets, our podcast from The New Ledger with Francis Cianfrocca, brought to you by BigGovernment.com.
Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.
Download Podcast | iTunes | Podcast Feed
You can subscribe to the podcast by following the links above, and if you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.
Related Links:
Yousefzadeh: A State of the Union in Contradiction
Domenech: The Speech Obama Didn’t Give
Email this to a friend | Print |
Share on Facebook
| Tweet this
| 
Follow Us on Twitter
Subscribe via RSS
Got a Tip?
17 Comments
Even though Bernanke has made some remarkable blunders (or were they calculated maneuvers?), I think it was a good call to keep him at the helm a while longer. Changing the FED Chair at this point in time would cause more market instability than he is likely to do himself. In short, it is the lesser of two evils. Better the Devil you know, if you take my meaning. I'm actually more concerned (and disturbed) by Treasury Sec. Tim "Turbo Tax" Geithner. I would be happier if he were out of the picture.
I totally disagree keeping him there is the lesser of two evils. I think a random idiot grabbed off the street would be better; at least the following confusion would likely result in a freeze of actions, which would be infinitely better than more of the lying, looting and destruction the current traitors are engaging in.
Anyone watching Obumble lecturing the Reps at their
meeting…..Obumble definitely has a problem thinking
on his feet without his teleprompters….I only watched
about 20 minutes of it, and came to the conclusion the
only one there that wasn't spineless was Blackburn
from Tennessee…The rest of the reps were wimps!
OK, so you give Ben Bernanke the Boot out the Door. Who would Obama put in there? Nancy PaLOUSY? Hillary? Barney Frank?
Look, a world economy does NOT crash 35 days before an election unless it was supose to. The Blue Prints to fix this economy are out there for all to see. JFK,Ragan,Bush1,Clinton and Bush II.
Our economy is a mess because this is what those in power want and Goldman Sachs was right there (as they always are) to help the Franks, Dodds, Obamas clean us out.
Yes Bernanke is one of them. But we are screwed no matter who is in place. The writing was on the wall when Farmers in CA did not get water last year. We voters get the Government we deserve. When you sell your soul to be bought by your Government with other peoples money. You get what you get and can't really throw a fit.
Both Obama and Bernanke are similar in this respect.
Bernanke: You have problems? I've got money to give you. And, it is no problem for me, we print the money in the back.
Obama: You have problems? I've got promises for you. We're going to fix things for you, however long it takes. Thank Gaia that I'm here now to think of a good solution. And, it is no problem for me, we print the promises in the back. I'll give you a note to see Bernanke.
The lesser of two evils is still evil.
How can we hope to restore confidence in our government when even our conservative commentators spout such stuff?
In this entire country there is no one more qualified than Ben?
When you make a deal with the devil you are always going to be the junior partner!
America, you'll here from me about this in about November-December '10 because that's when the worst depression in America's history will begin! And not being racial, that's the cost of being politically correct!
Exactly. Keep your friends close, and your enemies closer. Pay no mind to these financial neophytes. They can't even be considered useful idiots.
You are correct in that we will see hyperinflation as a result of Bernanke dumping 1 trillion dollars of fiat money into the economy on top of the next wave of ARM's coming to default. I want to see how he proposes to fix it!
This, from a random idiot!
Some of us still have to try to deal with reality while we're waiting on that hopey change you voted for. Put down the bong and take some Economics courses, you boob.
Sir, you spout hate words like a drunken name calling teabagger on MSNBC. Disturbed, Boob, Idiots. "Changing the FED Chair at this point in time would cause more market instability than he is likely to do himself." That is impossible! "In short, it is the lesser of two evils. Better the Devil you know" Than who, Satan?
So, what? You think you're smarter than me and the 70 US Senators (of BOTH parties) who voted for it? You, sir, are an idiotic boob. And you may also be Satan, I'm not sure about that one yet.
I agree that the run at the banks in September 2008 was DELIBERATE. It was a manufactured "crisis" to give Obamao the presidency as he was behind by 3 points at that time. Conducted several weeks earlier than October to throw everyone off. "Never let a crisis go to waste." Since Obie took office, there has been crisis after crisis to usher in another big government program and ease the way into socialism before anyone realizes it. Plus, Obie has amply rewarded his friends, cronies and big donors by how he shapes policy.
Bernanke, Paulsen and Geithner were asleep at the wheel in the Fall of '08 and yet we're led to believe the same clowns are the only ones who can fix the problem?
Also, don't forget Greenspan. He didn't see it coming years earlier when he helped create the problem. BTW, his wife, Andrea Mitchell of MSNBC, doesn't think Soros is such a bad guy. What does that tell you?
Improve your vision naturally!…
Thanks. Left you a trackback to help your readers improve eye vision naturally….
You must be logged in to post a comment.