Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
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:No More Lies:MV8yMTc1NjczXzM3MDk5OTI5X0FFREIyNTlC] 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. [b]That is a significant consideration because I don’t think the Chairman,[/b] who is really the ‘bagman’ of the previous Chairman (Greenspan),[b] really wants to be there when the collapse is in full swing.[/b] [b][color=red]This is especially true if Cyprus is an attempt to create a change in how Chairman Bernanke had in fact planned the bailouts. [/color][/b] So if Cyprus is used to take depositors’ money, that’s a key change. If this is in fact the new strategy, [b][u]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. [/u][/b] 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,’ [b]and this will be a key signal that the end is at hand.”[/b] http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/5_Sinclair_-_This_Will_Create_The_Mother_Of_All_Financial_Crises.html -------------------------------------------------------------------- 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! [/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
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
13 Important Elements To Look For In Every Staged Shooting Event
Gestapo In The USA: FCC Intimidates Press and Kills Free Speech at 5G Rollout
Democratic National Convention in Philly Is Not What We’re Told About in the Media
Federal Judge Rules Hidden Microphones in Public Do Not Violate Constitution
Deutsche Bank's net income plummets
Sanders Supporters Walk Out Of Democratic Convention
Black Protesters at DNC SHOUTS: “Don’t Vote For Hillary, She’s Killing Black People”
Hillary Clinton will nominate justices to the Supreme Court who are prepared to overturn Citizens United.”
Day After Clinton Cash Film's Go Worldwide, CEO Forced To Step Down
Ancient ‘toilet paper’ proves that Silk Road travelers spread parasites as they traveled
Sheriff David Clarke Says the DNC ‘Seems to Be About Embracing Criminality’
Why News Junkies Are So Glum About Politics, Economics, and Everything Else
Here's What Happened When Democrats Recited 'The Pledge Of Allegiance' At The DNC
Superhuman Tech? Most Fear Worst..
Wikileaks Proves Primary Was Rigged: DNC Undermined Democracy
WIKILEAKS JULIAN ASSANGE Says He Has NEW Emails That Should Indict Hillary…And Why He’s A Trump Fan
Undercover Video: Hillary Clinton Delegate Explains Her Deceptive Propaganda to Ban Guns
Is State Dept. Is Protecting Hillary Rotten Clinton's Presidential Bid?
Robots, drones fill police ranks
Companies around globe packing earth orbit with satellites to meet communications demands
Rise of black nationalist groups
Report: Mr. Robot’s one-time only VR experience will return next week
'Kill More Cops’ Graffiti Mural Appears on Freeway
DNC erects four-mile eight-foot tall fence around Philly convention site
Should the Postal Service Handle Your Loans as Well as Your Mail? Elizabeth Warren Thinks So.
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2015 Godlikeproductions.com
Page generated in 0.005s (5 queries)