Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
Stock Market FOMO Hits September CRASH Brick Wall - Dow Trend Forecast 2021 Review - 20th Sep 21
Two Huge, Overlooked Drains on Global Silver Supplies - 20th Sep 21
Gold gets hammered but Copper fails to seize the moment - 20th Sep 21
New arms race and nuclear risks could spell End to the Asian Century - 20th Sep 21
Stock Market FOMO Hits September Brick Wall - Dow Trend Forecast 2021 Review - 19th Sep 21
Dow Forecasting Neural Nets, Crossing the Rubicon With Three High Risk Chinese Tech Stocks - 18th Sep 21
If Post-1971 Monetary System Is Bad, Why Isn’t Gold Higher? - 18th Sep 21
Stock Market Shaking Off the Taper Blues - 18th Sep 21
So... This Happened! One Crypto Goes From "Little-Known" -to- "Top 10" in 6 Weeks - 18th Sep 21
Why a Financial Markets "Panic" May Be Just Around the Corner - 18th Sep 21
An Update on the End of College… and a New Way to Profit - 16th Sep 21
What Kind of Support and Services Can Your Accountant Provide? Your Main Questions Answered - 16th Sep 21
Consistent performance makes waste a good place to buy stocks - 16th Sep 21
Dow Stock Market Trend Forecasting Neural Nets Pattern Recognition - 15th Sep 21
Eurozone Impact on Gold: The ECB and the Phantom Taper - 15th Sep 21
Fed To Taper into Weakening Economy - 15th Sep 21
Gold Miners: Last of the Summer Wine - 15th Sep 21
How does product development affect a company’s market value? - 15th Sep 21
Types of Investment Property to Become Familiar with - 15th Sep 21
Is This the "Kiss of Death" for the Stocks Bull Market? - 14th Sep 21
Where Are the Stock Market Fireworks? - 14th Sep 21
Play-To-Earn Cryptocurrency Games Gain More and Is Set to Expand - 14th Sep 21
The CashFX TAP Platform - Catering to Bull Investors and Bear Investors Alike - 14th Sep 21
Why every serious investor should be focused on blockchain technology - 13th Sep 21
SPX Base Projection Reached – End of the Line? - 13th Sep 21
There are diverse ways to finance the purchase of a car - 13th Sep 21
6 Tips For Wise Investment - 13th Sep 21 - Mark_Adan
Gold Price Back Below $1,800! - 10th Sep 21
The Inflation/Deflation debate wears on… - 10th Sep 21
Silver Price seen tracking Copper prices higher - 10th Sep 21
The Pitfalls of Not Using a Solicitor for Your Divorce - 10th Sep 21
Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
This Boom-Bust Cycle in US Home Ownership Should Give Home Shoppers Pause - 9th Sep 21
Stock Market September Smackdown Coming Next? - 9th Sep 21 - Monica_Kingsley
Crazy Crypto Markets How to Buy Bitcoin, Litecoin for Half Market Price and Sell for TRIPLE! - 8th Sep 21
Sun Sea and Sand UK Holidays 2021, Scarborough in VR 180 3D! - 8th Sep 21
Bitcoin BTC Price Detailed Trend Forecast Into End 2021 - 8th Sep 21
Hyper Growth Stocks - This billionaire is now using one of our top strategies - 8th Sep 21
6 common trading mistakes to avoid at all costs - 8th Sep 21
US Dollar Upswing, S&P 500 and Nasdaq Outlook - 7th Sep 21
Dovish Assassins of the USD Index - 7th Sep 21
Weak August Payrolls: Why We Should Care - 7th Sep 21
A Mixed Stock Market - Still - 6th Sep 21
Energy Metals Build Momentum; Silver & Platinum May Follow - 6th Sep 21
What‘s Not to Love About Crypto Market Fireworks - 6th Sep 21
Surging US Home Prices and Gold – What’s the Link? - 6th Sep 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

The Fed Saves the Nation

Politics / Central Banks Oct 28, 2009 - 01:37 AM GMT

By: Stephen_Merrill

Politics

Federal Reserve Chairman Ben Bernanke gets more than his share of grief.  He is, after all, just the present grand master for the Keynesian policies that have ruled Washington since the days of Herbert Hoover.


Trying to toe a moderate line, Bernanke’s Fed has “loaned” $12 trillion plus directly to insolvent banks interest-free to stem the financial crisis.  Then, of course, there was also the $700 billion gift from Congress to Wall Street the Chairman proposed known fittingly as TARP (Taxpayers Are Raped/ Pillaged).

        With all this talk about the Greatest Depression and Wall Street shakedowns and, can you imagine, an imperial, corrupt Fed, it is past time for Ben Bernanke to solve all of the financial problems our nation is ever likely to face. Forget restraint. No one will ever again say that the Federal Reserve acts as the poodle for the global elites who happen to own the Fed.

        Humble as he can be, Chairman Bernanke will use the same amount of time it took the Hebrew God to create the earth and its inhabitants.

Day 1 - At the crack of dawn the Federal Reserve will pay off the entire US National Debt.  This is to benefit every American.  All those grumpy creditors across the world should be happy now.

Day 2 – By work-time every American who wants one will be given a $250,000/year paycheck.  Work instructions to follow later.  This new monetary policy promises to more than quintuple federal income tax revenues.

Day 3 – By the time the Sun reaches its zenith all of the debts of every American will be paid in full, every mortgage, credit card and friendly loan of any sort.  No worries now.

Day 4 – By sunset every single American, man, woman and child, shall be given a flat $1,000,000.  Talk about the most affluent nation in history.  This is taking care of the common man.

Day 5 – In the dead of night China, Brazil and possibly Hungary will fall to a hostile takeover bid unheard of in its scope.  These nations will now work directly for the Fed.

Day 6 – Light years away, the Fed shall join with Goldman Sachs and the Mafia to indebt the entire Milky Way with the derivatives trade in toxic assets.  The frontiers are endless.

Day 7 – All day, Chairman Bernanke shall rest admiring his mastery of the Universe.

Minions of the chairman assure the serfs that applying these policies will be a manageable uptick to the Fed’s balance sheet that is quite necessary for the good of the people.  The people will have to trust in the Chairman since not even Congress or the President can take a peek at the Fed’s finances.  Where did it get all that money?

Professor Keynes never dreamed it could be so good!

  By Stephen Merrill, Editor
  Hampton Roads Freedom News
 
  Mr. Merrill is a trial lawyer from Norfolk, Virginia who is the longtime general counsel for the Tidewater Libertarian Party.  A sometimes civil rights lawyer, he authored an amicus curie brief considered in the landmark United States Supreme Court case Kelo v. New London. 

  Mr. Merrill is the editor of the Hampton Roads Freedom News.   http://FreedomNews.US 

© 2009 Copyright Stephen Merrill,- All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in