Update:
Bernanke’s State of the Economy Speech:
“You are all Dead Ducks”
By Mike Whitney, 16/02/08 “ICH“
Even veteran Fed-watchers were caught off-guard by Chairman Bernanke’s performance before the Senate Banking Committee on Thursday. Bernanke was expected to make routine comments on the state of the economy but, instead, delivered a 45 minute sermon detailing the afflictions of the foundering financial system. The Senate chamber was stone-silent throughout. The gravity of the situation is finally beginning to sink in. Continue…
— End of Update —
Chimpy and Chumpie.
‘Go-win Down’ Sung lyrics that have engrained themselves within me having suffered a cursed loopback by a obsessive Aerosmith fan. Actually I kinda got brainwashed into liking it after a bit, but don’t for heavens sake tell that to the Aerosmith wannabe groupie.
Anyway, up to 2 trillion, thats 2,000,000,000,000 (two thousand billion, or 2 million million) has now been “lost” ( space don’t stand a mark against the vastness of the Zio-cons pockets) and there is what is called ‘a credit cruch’ which for those new to my wittering and twittering blog is said by those officials who know about this kind of stuff means an end to easy credit.
Edit:: …forgot a main point… Burrmonkey, sorry, Bernanke today signalled that additional US interest rate cuts were likely. Howeverm lowering the cost of credit when were told there isn’t any easily available credit, just woesn’t square it with me somehow.
But now Burrmonkey, sorry, Bernanke, (which again for those who don’t follow such things heads a scam “bank” which owns a rather fast printing press, instigates scam policies, buy selling scam paper to the US government, which pays interest back to the same scam bank) is now giving official acknowledgement that the ong awaited death of the US economy is coming.
Just a pity decent USans are being caught up in this too.
Strange how the price of Gold has changed since mid 2001 (when some fruit cakes said Tush, sorry BuSh and his Ziobuddies decided to invade Afghanistan – N.B. months before before 9-11) has gone from about $270 to about $900 an ounce (333% increase – tq Paul !) while the scam propping up the dollar has succeeded in only losing 21% of its value in the same time frame, from $1.66 in 1998 to almost $2 in 2008.
I wonder who bought all that gold the British sold in 1999, that mass murderer Tony bLiar and accomplice to murder, Gordon Brown decided to sell when gold was ridiculously cheap, a snippet at only $270 an ounce? What of the gold at the WTC that went missing? Why has Fort Knox never been audited?
Anyway… I digress, such is the difficulty in controling the power of the conspiraloonacy force that dwells within me, the US Economy is going tits-up as they say (what does tits-up mean anyway??? – I dare not Google it !).
All eyes now point towards occupied Palestine, führer, sorry, further towards the fulfilment of the self-willed neo-Nazi Zionist capital – Occupied Jerusalem, as the centre which wields control over Ziocorp global. But I’m just a fruit cake. What do I know?
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