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Breaking: Bernanke leaving sinking US Economic Ship?

 
AwakenedDude
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03/21/2013 10:26 AM
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Breaking: Bernanke leaving sinking US Economic Ship?
Is Bernanke bailing before everything implodes? Is this another sign that it's time to get out before it all goes bust?

Inquiring minds want to know...

Federal Reserve Chairman Ben Bernanke’s role overseeing the United States’ central bank could be over in under a year: the economist alluded this week to stepping down at the end of his current and second term.

Speaking at a routine press conference on Wednesday, Mr. Bernanke hinted at ending his reign as chairman of the Fed as early as next January, retiring from his role without seeking a third term in office.

Should the chairman exit the bank early next year, he will likely step away from the Fed before the policies he enacted to revive the US economy are fully completed. Under Bernanke’s rule, the Federal Reserve has launched several rounds of quantitative easing, controversial programs that the chairman himself credits with saving the economy. Critics, however, claim that these programs are creating another market bubble that might result in as much as $500 billion blown in only three years.


As always, decide for yourself...

[link to rt.com]

Peace.
Anonymous Coward
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03/21/2013 10:34 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
or maybe because he getting old and want a nice peacefully retirement
AwakenedDude  (OP)

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03/21/2013 10:36 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
bump
Anonymous Coward
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03/21/2013 10:37 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
or maybe because he getting old and want a nice peacefully retirement
 Quoting: Anonymous Coward 9712926


Goldman Sachs pays much better.

chuckle

.
AwakenedDude  (OP)

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03/21/2013 10:37 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
or maybe because he getting old and want a nice peacefully retirement
 Quoting: Anonymous Coward 9712926


Yes, but where's the conspiracy in that!?

Peace.
AwakenedDude  (OP)

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03/21/2013 10:44 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
bump
No More Lies

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03/21/2013 10:44 AM

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Re: Breaking: Bernanke leaving sinking US Economic Ship?
titanic
violin
Anonymous Coward
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03/21/2013 10:46 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
He's just getting his assets in order for te coming global war.

Lots of people gonna die.
AwakenedDude  (OP)

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03/21/2013 10:53 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
titanic
violin
 Quoting: No More Lies


Yup, couldn't agree more. Time to head for the bunker...
Sneetch

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03/21/2013 10:56 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
He's gonna try to leave while the ceiling is cracking and hopefully in his mind, disappear.

Or you know, disappear into the Goldman Sachs tower.
We were meant to live for so much more, have we lost ourselves?
AwakenedDude  (OP)

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03/21/2013 10:59 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
He's gonna try to leave while the ceiling is cracking and hopefully in his mind, disappear.

Or you know, disappear into the Goldman Sachs tower.
 Quoting: Sneetch


No doubt we'll see where he lands. When the elite start to leave their posts, it's time to take notice.

If you're not paying attention to this, you might be missing a very big clue.

Peace.
waterlily

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03/21/2013 11:03 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
He's gonna try to leave while the ceiling is cracking and hopefully in his mind, disappear.

Or you know, disappear into the Goldman Sachs tower.
 Quoting: Sneetch


No doubt we'll see where he lands. When the elite start to leave their posts, it's time to take notice.

If you're not paying attention to this, you might be missing a very big clue.

Peace.
 Quoting: AwakenedDude


I believe you are so right on this.
*********** WaterLily ***********
" Do I dare
Disturb the universe?"
-- T. S. Elliot, Love Song of J. Alfred Prufrock

*************************************
“We are as ignorant of the meaning of the dragon as we are of the meaning of the universe.”
-- Jorge Luis Borges
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"Pompey made his preparations for the war at the end of the winter, entered upon it at the commencement of spring,
and finished it in the middle of the summer."
-- Cicero, De Imperio Cn. Pompei
AwakenedDude  (OP)

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03/21/2013 11:10 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
bump
AwakenedDude  (OP)

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03/21/2013 11:18 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
He's gonna try to leave while the ceiling is cracking and hopefully in his mind, disappear.

Or you know, disappear into the Goldman Sachs tower.
 Quoting: Sneetch


No doubt we'll see where he lands. When the elite start to leave their posts, it's time to take notice.

If you're not paying attention to this, you might be missing a very big clue.

Peace.
 Quoting: AwakenedDude


I believe you are so right on this.
 Quoting: waterlily


My thought process is this: If THE person who pretty much controls the U.S. dollar, is resigning at the height of arguably the WORST economic mess this country has ever seen, how can anyone have confidence in this?

With all the EU / Dollar / Gold issues happening on a daily basis, this can't be anything other than a clear cut sign he's getting out while he still can. After all, the sheeple will typically point to the guy who's in charge AT THE TIME it all goes boom. It's like he's planning to get away so he can't be blamed.

At least that's my perception. What ever happened to sticking a job through to the end? ...unless their is no way to fix it...

Peace.
AwakenedDude  (OP)

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03/21/2013 11:20 AM
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Re: Breaking: Bernanke leaving sinking US Economic Ship?
I'd love to have been a fly on the wall when this was discussed with Mr. O. Was is mutual consent, did he quit and leave Mr. O hanging, or was this a big FU?

odance

Peace.
No More Lies

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04/05/2013 11:23 AM

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Re: Breaking: Bernanke leaving sinking US Economic Ship?
Eric King: “Dr. Roberts also mentioned that Bernanke wants to pass the torch to the next guy before the collapse happens.”


Sinclair: “It may not be the next guy, it may be the next gal (Yellen). The general thesis of can-kicking is when the can can’t be kicked any more, you are not there. During the crisis in Cyprus, in answer to questions, the Chairman (Bernanke) did open up the door to a strong possibility he might not choose to remain as Chairman of the Fed.


That is a significant consideration because I don’t think the Chairman, who is really the ‘bagman’ of the previous Chairman (Greenspan), really wants to be there when the collapse is in full swing. This is especially true if Cyprus is an attempt to create a change in how Chairman Bernanke had in fact planned the bailouts.


So if Cyprus is used to take depositors’ money, that’s a key change. If this is in fact the new strategy, then in a very short period of time you are going to see that all of the money put into the financial system from 2008 forward has been wasted. The Chairman’s effective resignation, by failing to stand for reappointment, would indicate he sees all of his efforts have been destroyed by the IMF’s ‘Cyprus Solution,’ and this will be a key signal that the end is at hand.”

[link to kingworldnews.com]

-------------------------------------------------------------​-------

Think about it, he's leaving BEFORE a lot of the polices he put in place are actually implemented....if he was confident they were going to be even remotelyl succesful, he wouldn't leave for anything! He would want the credit for directing the proverbial ship around the proverbial icebergs. But nope! Instead he is a proverbial rat jumping of that proverbial ship. Ok i'm not typing proverbial ever again!





GLP