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Breaking: Bernanke leaving sinking US Economic Ship?
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:AwakenedDude:MV8yMTc1NjczXzM2Nzg4Njk5Xzc4RERDRUI0] [quote:waterlily:MV8yMTc1NjczXzM2Nzg4Mzc5X0UwOTUyMUQx] [quote:AwakenedDude:MV8yMTc1NjczXzM2Nzg4Mjk0XzE2NTFBRDU=] [quote:Sneetch:MV8yMTc1NjczXzM2Nzg4MjE3XzUwQjVDMTY3] 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. [/quote] 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. [/quote] I believe you are so right on this. [/quote] 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. [/quote]
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
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