Yesterday's mega-collapse in the global markets seems to have possibly shaken up the criminal banking elite a bit. Even with all of their hubris, they seem to know the bailout has been exposed as fradulent, unconstitutional, and of no value to the common citizen - despite what they publicly contend. The crooks have gone way too far, and it's time for a little damage control.
Enter Ben Bernanke - the wretched little lackey of the bankers and robber barrons - who if there were any justice would be headed off to prison for a very long time, very soon. The Fed chairman today said the current economic crisis is likely to restrain the economy well into next year. Wow, Ben, how prophetic.
Of course, he's still spewing all sorts of lies, doublespeak, and rhetoric, but at least he sort of admitted the truth. This doesn't, however, change the fact he's been a bald-faced lying piece of trash the whole rest of the time, and as Ron Paul said recently, he and Alan Greenspan should be brought up on criminal charges.
Since Bernanke took over the Fed in 2006, no legitimate economic forecaster or member of Congress contended that the economy was strong, or our economic policies sound. From Ron Paul to former Deputy Treasury Secretary Paul Craig Roberts, all those with economic knowledge and a caring for our dollar and our country were warning of huge dangers ahead. All the while, Bernake was saying things like:
"We at the Federal Reserve will do all that we can to prevent fraud and abusive lending and to ensure that lenders employ sound underwriting practices and make effective disclosures to consumers." - 5/27/07
"It is not the responsibility of the Federal Reserve - nor would it be appropriate - to protect lenders and investors from the consequences of their financial decisions." - 8/31/07
"The Federal Reserve takes responsible lending and consumer protection very seriously." - 9/20/07
"I think we need to keep in mind also that the economy does have inherent strengths and that those will certainly surface over a period of time." - 1/17/08
Lies and deceit. One sound bite after the next. These aren't 1/1000th of it.
Well, it's too late now, Ben. You can't all of a sudden say something true, and expect to be seen as someone who cares and is for the people. In the same way that an apology doesn't make a murder acceptable.
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