Bernanke, debt limit, budget deficit, dollar


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26 Responses to “Bernanke, debt limit, budget deficit, dollar”

  1. uturniaphobic says:

    if the US people would buy up all the t-notes out there then Ben would have to pay us back all the income tax they take. So if anyone wants to take back America, this is the best way to do it. Own the the owner. it really IS that straightforward. Own the debt and you own the Fed. I bet China for one, would be more than happy to sell all back to us at this point too.

  2. TheUSVET says:

    I do not like this Uncle Sam, I do not like his health care scam.
    I do not like these dirty crooks, or how they lie and cook the books.
    I do not like when Congress steals,
    I do not like their secret deals.
    I do not like this speaker Nan ,
    I do not like this 'YES WE CAN'.
    I do not like this spending spree,
    I'm smart, I know that nothing's free,
    I do not like your smug replies, when I complain about your lies.
    I do not like this kind of hope.
    I do not like it. nope, nope, nope!

  3. bweazel says:

    Even a broken clock is right twice a day. ;)

  4. bweazel says:

    The Bahamas? Talking about monetary policy? Haha, you people are hopeless. You too, schiff.

  5. bweazel says:

    You have no idea what you're talking about. Shush.

  6. eliasmouawad says:

    Search for
    "MARC FABER MADNESS"

  7. buzzclick500 says:

    Yes, yes, yes, whatever. Where's the other vertical line that's supposed to run through the dollar sign on my computer keyboard? They started that in 1972 after Nixon took us off the gold standard, which de-valued our national currency. I want some butts.

  8. GtheMVP says:

    @rwcbanzai He's been talking about this for years, it's just that people are finally listening to him because he's been right. No one wants to hear bad news when things look good.

  9. rwcbanzai says:

    Where was Schiff when lil'BushWacker ran up the deficit?
    What is he going to do for the people who can't find jobs or get HealthCare?
    All he talks about is money!
    Another suit working for Corporatism....

  10. SurvivalWithBushcraf says:

    No thats 2 easy. Throw them in jail and let there be a fresh fish feast. lol

  11. bowtie728 says:

    naw i want gold coins from schiff.

  12. chinaownsusa says:

    american public fails itself

  13. 11malavoglia says:

    Recession is primarly caused by very low interest rates.Now when money is spent it is wrong to have budget deficit where expenditure is 40% more than tax revenues.Hystorically that always led to hyperinflation.Dollar is currently rising because eurozone has problems also.
    But some officials said they must take out at least one trilion from system.I just wonder how with this new budget and projected deficit
    But fact is there is already inflation in the system despite all deflationary pressures.

  14. girardbcp says:

    He also doesn't mention that even if Obama cut spending he'd have to cut all discretionary spending and social security and defense to the bone.

    Another point: US government deb and spending didn't cause this recession, deregulation of the banking industry gave the conditions to cause the recession.

    He's not that smart.

  15. girardbcp says:

    1 year ago Peter said that the dollar was going to collapse, now it's now strengthening. So, he was wrong there.

    Another note - printing money doesn't cause hyper-inflation unless you actually print 100s x the amount already in the system or more! The Weimar Republic had hyper-inflation because they printed something like 12 trillion times the amount of money. Also, printing money isn't a Keynesian idea, it's a monetarist idea, 2 different schools of thought.

  16. gringott12 says:

    judoyodan = obamadrone

  17. judoyodan says:

    gringott12 = moron

  18. gringott12 says:

    Destruction of the $ is the number one goal of the marxist from Chicago, destruction of the Republic is the number two goal.

  19. kiltyoposse says:

    CANT WE JUST KILL EM' ALL ?

  20. pretorious700 says:

    This cannot last. The physics of money is no different than say, the physics of gravity, regardless of what the Keynesian school says. All of the money printing will have dire consequences, and it's incredibly arrogant of Bernanke and the congress to think otherwise.

  21. rickster348 says:

    They're driving the dollar into the ground. On purpose.

  22. iannetta11 says:

    10th Amendment is the answer. The Cure is to Ignore!

  23. tank3584 says:

    Nov 2010...Clean house...VOTE THEM OUT

  24. 689362003 says:

    holy shit get rid of fukin credit cards 0_0
    60% of income O_O
    thank you prepaid credit cards and silver =)

  25. alauc says:

    FINANCIAL MAFIA is the most dangereous in the world and only people with the best hearts an minds can save us if we pray for it.

  26. Anita Bong Queen Polititroll says:

    Even the tea partiest Republican only pays lip service to opposing the debt limit.
    It will be done.

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