[From article]
"Hapless Ben Bernanke is on an unlucky streak that he partly brought upon himself. Hopeless Joe Biden -- in case you've forgotten, he has "Vice President of the US" on his business cards -- is just a sad, sorry guy.
[. . .]
When talking about the financial crisis caused by Wall Street, Bernanke noted that this was "possibly [the worst] in the history of the United States."
[. . .]
My first point: this is dishonest. My second point: Biden should know that this is already being done. It's called "geometric weighting," has been used for more than a decade (and written about in this column extensively) and does absolutely nothing except cheat senior citizens out of their Social Security cost of living increases.
http://www.nypost.com/p/news/business/ben_escape_hatch_VfbQE8MuBsNSdvz33kWOtM
Ben's escape hatch
Avoids blame by labeling crisis 'worst ever'
John Crudele
New York Post
Last Updated: 3:45 AM, June 23, 2011
Posted: 12:23 AM, June 23, 2011
Showing posts with label Ben Bernanke. Show all posts
Showing posts with label Ben Bernanke. Show all posts
June 25, 2011
December 8, 2010
Crudele: Bernanke is a Liar
[From article]
"Ben Bernanke is a liar.
[. . .]
Bernanke told "60 Minutes" that the "myth is that we are printing money. We are not printing money."
Back before Bernanke was made chairman of the Fed he described his hare-brained quantitative easing scheme like this: "The US government has a technology, called a printing press -- or today, its electronic equivalent -- that allows it to produce as many dollars as it wishes at essentially no cost." [Crudele column, Nov. 26, 2002]
http://www.nypost.com/p/news/business/less_ben_kgLIcn2KAZlSsRrQhqnb9K
Less b.s., Ben
'Fess up on source of QE2 $
John Crudele
New York Post
Last Updated: 2:14 AM, December 8, 2010
Posted: 1:01 AM, December 7, 2010
"Ben Bernanke is a liar.
[. . .]
Bernanke told "60 Minutes" that the "myth is that we are printing money. We are not printing money."
Back before Bernanke was made chairman of the Fed he described his hare-brained quantitative easing scheme like this: "The US government has a technology, called a printing press -- or today, its electronic equivalent -- that allows it to produce as many dollars as it wishes at essentially no cost." [Crudele column, Nov. 26, 2002]
http://www.nypost.com/p/news/business/less_ben_kgLIcn2KAZlSsRrQhqnb9K
Less b.s., Ben
'Fess up on source of QE2 $
John Crudele
New York Post
Last Updated: 2:14 AM, December 8, 2010
Posted: 1:01 AM, December 7, 2010
December 25, 2009
Deceptive Man of The Year
"Mr. Bernanke, is someone rigging the stock market?"
[. . .]
"There were simply too many days when exuberant buying in the opening minutes of trading in New York would reverse a down market that was being inherited from earlier trading in Asia or Europe.
Add to that the President's Working Group on Financial Markets, lovingly known around Wall Street as the "Plunge Protection Team," and the fact that Paulson regularly referred to meetings that the group had, though the Treasury would never -- or could never -- produce the minutes of those meetings."
Goldman factor haunts Bernanke's testimony
John Crudele
New York Post
Last Updated: 2:59 AM, December 22, 2009
Posted: 1:41 AM, December 22, 2009
"Mr. Bernanke, is someone rigging the stock market?"
[. . .]
"There were simply too many days when exuberant buying in the opening minutes of trading in New York would reverse a down market that was being inherited from earlier trading in Asia or Europe.
Add to that the President's Working Group on Financial Markets, lovingly known around Wall Street as the "Plunge Protection Team," and the fact that Paulson regularly referred to meetings that the group had, though the Treasury would never -- or could never -- produce the minutes of those meetings."
Goldman factor haunts Bernanke's testimony
John Crudele
New York Post
Last Updated: 2:59 AM, December 22, 2009
Posted: 1:41 AM, December 22, 2009
Subscribe to:
Posts (Atom)
