Ben Bernanke: 'Get rid of the Debt Ceiling, it has no practical value' | |
Anonymous Coward User ID: 26268975 Slovakia 01/14/2013 09:01 PM Report Abusive Post Report Copyright Violation | |
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MaxMad User ID: 13864401 United States 01/14/2013 09:08 PM Report Abusive Post Report Copyright Violation | What the hell why not right? After all the FED buys up 90% of the US debt with QE-Infinity money it printed out of thin air. Weeee!! Tick Tock Tick Tock Tick Tock Fiat currency is going to explode this year. It's all over folks. Japan is set to implode this year... We are right behind them... |
Brad Daylight User ID: 1779676 United States 01/14/2013 09:14 PM Report Abusive Post Report Copyright Violation | ROFL!!! Yea, he is right! After it tops off at a good amount of, oh you know, like a few ten trillion dollars, IT DOESN'T MATTER ANYMORE! "I have felt despair many times in my life, but I do not keep a chair for it." ~Dr. Clarissa Pinkola Estes Today is a gift, that is why it is called "The Present" “When an opponent declares, “I will not come over to your side,” I calmly say, “Your child belongs to us already… What are you? You will pass on. Your descendants, however, now stand in the new camp. In a short time they will know nothing else but this new community.” - Adolf Hitler “If you want to tell people the truth, make them laugh, otherwise they'll kill you.” -Oscar Wilde Have a nice day, may God bless you :D |
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duFontaine. User ID: 29412599 United States 01/14/2013 09:21 PM Report Abusive Post Report Copyright Violation | America FUCK YEAH!! "Accept now that all you have seen from the day of your birth on the surface of the earth, to the present, are wonderful only because the finite mind of man is confused with fragments of evidence, that, from whatever direction we meet them, spring from an unreachable infinity." "There was a man who could create what could not be imagined. A temple so great you questioned if it was built with human hands. A man who built an idea into the greatest force the world has ever known. A world built from a single word. I care not for the folly of man but for the end of human contention." |
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Anonymous Coward User ID: 32212799 United States 01/14/2013 09:30 PM Report Abusive Post Report Copyright Violation | Federal Reserve Chairman Ben Bernanke criticized the debt ceiling as an unusual device that can be used to prevent the United States from paying it’s bills, as he suggested that the country would be better off if the debt limit did not exist. Quoting: Anonymous Coward 32179466 The password is "gallows"... |
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Carshy McCarsh User ID: 32212799 United States 01/14/2013 09:35 PM Report Abusive Post Report Copyright Violation | A couple of very astute posters here have identified the corollary to this assertion by The Beard: If the debt ceiling is some sort of legacy aberration, then there is no need for income taxation. Thanks Ben! On April 15, I think I'll follow Lil' Timmy Geithner's example, and your analysis, and shrug. |
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Anonymous Coward User ID: 32212799 United States 01/14/2013 09:37 PM Report Abusive Post Report Copyright Violation | Yeah bernanke would love that, the valve would be in a constant state of ON, money would just keep on flowing to them. Quoting: Anonymous Coward 24473407 It's not "money" if it isn't backed by "value". These fucking monsters are engineering the destruction of American value via the sabotage of its currency/money. |
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Anonymous Coward User ID: 30453592 United States 01/14/2013 09:50 PM Report Abusive Post Report Copyright Violation | Yeah bernanke would love that, the valve would be in a constant state of ON, money would just keep on flowing to them. Quoting: Anonymous Coward 24473407 It's not "money" if it isn't backed by "value". These fucking monsters are engineering the destruction of American value via the sabotage of its currency/money. not quite it says federal reserve note.it is their money,were all going to be renting in potterville soon.why else would they destroy everything if not to just take control of everything else they don't already own |
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Anonymous Coward User ID: 31968081 United States 01/14/2013 09:50 PM Report Abusive Post Report Copyright Violation | Yeah bernanke would love that, the valve would be in a constant state of ON, money would just keep on flowing to them. Quoting: Anonymous Coward 24473407 It's not "money" if it isn't backed by "value". These fucking monsters are engineering the destruction of American value via the sabotage of its currency/money. A fiat currency does not have to be backed by value as it must maintain trust and confidence or it will fail into hyperinflation. |
Anonymous Coward User ID: 32212799 United States 01/14/2013 09:51 PM Report Abusive Post Report Copyright Violation | I also wonder why we have a debt ceiling. Quoting: Tuko Every time we reach it they just raise it. What difference does it make? If America was actually being managed by patriot geniuses, like its Founders, it would dictate financial responsibility and keep the currency intact. But, instead, we are being ruled by mentally crippled traitors, whose job seems to be to collapse the US dollar as the world reserve currency, and usher in a globalist replacement with a planet-wide central bank fiat currency in its place. |
Anonymous Coward User ID: 12582603 Canada 01/14/2013 09:52 PM Report Abusive Post Report Copyright Violation | Other countries should print fake money and spend massive amounts on entitlements and big huge a huge military with fake money. If they insist on printing fake money, I would demand a house, and not a section 8 house either, if I lived there. I would only for someone if they promised a big house |
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Anonymous Coward User ID: 31968081 United States 01/14/2013 09:55 PM Report Abusive Post Report Copyright Violation | Other countries should print fake money and spend massive amounts on entitlements and big huge a huge military with fake money. If they insist on printing fake money, I would demand a house, and not a section 8 house either, if I lived there. I would only for someone if they promised a big house Quoting: Anonymous Coward 12582603 They are ! They are funding their budgets with it. You realise that the American Dollar is the worlds reserve currency dont you ? |
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Life's-A-Bitch User ID: 1243271 United States 01/14/2013 09:56 PM Report Abusive Post Report Copyright Violation | Here's an idea. Let's get rid of Ben Bernanke Problem solved By the way Mr. President. You keep saying that you won so you get your way. That is madness, that would be like a new CEO of a company taking his position and demanding that he now OWNS the entire company.. You Sir are a PAID employee Just because YOU don’t believe in the Rougarou; or the Loup Garou, don’t make you safe; No ! The Constitution is a blend of 'moral certitude' -- which is one of the reasons that criminals are determined to be rid of it and We the People must be even more determined to defend it. "If there must be trouble, let it be in my day, that my child may have peace." - Thomas Paine The only thing the Illuminati fears is an independent person who can live, eat, sleep, stay warm and defend themselves separate from Federal help. Pray that the Lord gives us more time! The End is near and time is short! A fool takes no pleasure in understanding, but only in expressing his opinion. ~Proverbs 18:2 For those who understand, no explanation is needed. For those who do not understand, no explanation is possible "A candle loses nothing by lighting another candle" - James Keller Checkd, Keked, and Rekt! #Kids2 |
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thadividedsky User ID: 32217461 United States 01/14/2013 10:03 PM Report Abusive Post Report Copyright Violation | Question, was the FED charter ever renewed? It was supposed to expire last month. Also, if the debt ceiling has no value, then there is no need to lay and collect taxes because they can print as much as they want. Not having to pay the bills makes taxation pointless beyond trying to make everyones lives hell. |