Comments on: Time to Change Bernanke's Medication?Secret White House letter to G-20 http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/ Greg Palast, reporting for BBC, Harpers and more Tue, 09 Mar 2010 22:16:50 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Simon http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/comment-page-1/#comment-64683 Simon Sat, 03 Oct 2009 15:04:34 +0000 http://www.gregpalast.com/?p=2818#comment-64683 It ain't over yet baby. If you think the $4 trillion that went missing, of which the $7 billion at HUD derivatives is credited with starting the landslide, you ain't seen nothing yet. In Florida timeshare condos, huge highrises have 20% occupancy or less. They can't even afford to turn off the lights. All this on borrowed money. Them loans are due. Now what's going to happen? Well Charlie Crist our sweet governor wants to get elected to Congress, so we'll try to keep the lid on this. I don't think Crist will succeed. It ain't over yet baby. If you think the $4 trillion that went missing, of which the $7 billion at HUD derivatives is credited with starting the landslide, you ain't seen nothing yet. In Florida timeshare condos, huge highrises have 20% occupancy or less. They can't even afford to turn off the lights. All this on borrowed money. Them loans are due. Now what's going to happen? Well Charlie Crist our sweet governor wants to get elected to Congress, so we'll try to keep the lid on this. I don't think Crist will succeed.

]]> By: rhqjr http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/comment-page-1/#comment-64567 rhqjr Thu, 01 Oct 2009 10:18:07 +0000 http://www.gregpalast.com/?p=2818#comment-64567 Terry: Reality Check, I am a American and proud of it, but, and there is always a but. But if you believe we are the most powerful country in the world you have your head in the clouds believing our governments propaganda. (both republican and democrats) . We are now financially a 3rd world country, owing our economic survival to borrowed money of which a lot is china's. We cannot field enough men for our Army to properly rotate and man the 2 war fronts we are fighting, Iran and Afghanistan and need to be in a 3rd Iran. unless we get wise and quit trying to rule the world. Right now China is the top dog, militarily and financially. The reason the real estate market collapsed was the property owner not having the financial ability to service his debt. Similarity what is going to happen when we have to start paying interest on the trillions of dollars wasted on the big banks, insurance companies and car companies. Once again similarly we will not be able to pay unless we print money then we will see hyper inflation, we America are on our way out as a super power. We are letting our manufacturing base move out to cheaper production countries. We sure as hell cannot support ourselves as we are accustomed to by selling each other hamburgers. Think about reality not propaganda. We no longer have a lot of thing that we used to have re: best educated population lowest infant mortality rate Highest income best health care system Biggest Army longest life span Terry: Reality Check, I am a American and proud of it, but, and there is always a but. But if you believe we are the most powerful country in the world you have your head in the clouds believing our governments propaganda. (both republican and democrats) . We are now financially a 3rd world country, owing our economic survival to borrowed money of which a lot is china's. We cannot field enough men for our Army to properly rotate and man the 2 war fronts we are fighting, Iran and Afghanistan and need to be in a 3rd Iran. unless we get wise and quit trying to rule the world. Right now China is the top dog, militarily and financially.

The reason the real estate market collapsed was the property owner not having the financial ability to service his debt. Similarity what is going to happen when we have to start paying interest on the trillions of dollars wasted on the big banks, insurance companies and car companies. Once again similarly we will not be able to pay unless we print money then we will see hyper inflation, we America are on our way out as a super power.
We are letting our manufacturing base move out to cheaper production countries. We sure as hell cannot support ourselves as we are accustomed to by selling each other hamburgers. Think about reality not propaganda.
We no longer have a lot of thing that we used to have re:
best educated population
lowest infant mortality rate
Highest income
best health care system
Biggest Army
longest life span

]]> By: Lyle Courtsal http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/comment-page-1/#comment-64480 Lyle Courtsal Wed, 30 Sep 2009 02:10:33 +0000 http://www.gregpalast.com/?p=2818#comment-64480 What do most enfranchised and I mean rich Americans do when the going get's tough; plaster that dumb smile on your messed up, hellbound face, and LIE, LIE, LIE. the contrived optimism of the past 30 years covered up scam after scam after scam done by scumbag after scumbag after scumbag. I gotta say though that Bernacke and Paulson bailing out their lowlife global scumbanking friends at Goldman Sachs has to take the cake. Duuuuhhhhhhhh, did these guys all go to harvard, learned the lying free market banking thing from Mankiw (who is not really an economics professor, he can only teach one school of thought, his); they all sold you the Kool Aid and you believed them too. Wanna read an article? Check out the one on the caspian sea oil fields and how essential Pipelineistan is to the US hanging on to some of them in Paranoia magazine, you know, that one back issue that was so good. Hey, ole' kill the poor Obama is from harvard too, huh. Mebbe that's why he is so busy capping federal salaries; I know, why don't you cap them after they get over !125,000/yr.? ---Finally I just have to say that it just demonstrated how far gone american academia is; getting up on that nazi corporate TV and have them LIE and sell you economic snake oil over and over and over again. You don't get rich saving poor people and promoting peace in the US. ---better watch out what happens when that illegal nuclear arsenal is exposed in israel; is it 400 warheads or more? Remember, even low level radiation around "safe" power plants still kills. Can we do anything that affirms life besides killing abortion doctors? Lyle Courtsal What do most enfranchised and I mean rich Americans do when the going get's tough; plaster that dumb smile on your messed up, hellbound face, and LIE, LIE, LIE. the contrived optimism of the past 30 years covered up scam after scam after scam done by scumbag after scumbag after scumbag. I gotta say though that Bernacke and Paulson bailing out their lowlife global scumbanking friends at Goldman Sachs has to take the cake. Duuuuhhhhhhhh, did these guys all go to harvard, learned the lying free market banking thing from Mankiw (who is not really an economics professor, he can only teach one school of thought, his); they all sold you the Kool Aid and you believed them too.
Wanna read an article? Check out the one on the caspian sea oil fields and how essential Pipelineistan is to the US hanging on to some of them in Paranoia magazine, you know, that one back issue that was so good. Hey, ole' kill the poor Obama is from harvard too, huh. Mebbe that's why he is so busy capping federal salaries; I know, why don't you cap them after they get over !125,000/yr.?
---Finally I just have to say that it just demonstrated how far gone american academia is; getting up on that nazi corporate TV and have them LIE and sell you economic snake oil over and over and over again.
You don't get rich saving poor people and promoting peace in the US.
---better watch out what happens when that illegal nuclear arsenal is exposed in israel; is it 400 warheads or more? Remember, even low level radiation around "safe" power plants still kills. Can we do anything that affirms life besides killing abortion doctors?
Lyle Courtsal

]]> By: ian mc http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/comment-page-1/#comment-64227 ian mc Sat, 26 Sep 2009 05:02:30 +0000 http://www.gregpalast.com/?p=2818#comment-64227 ok ok terra giordano you lack the wisdom and compassion much like a politician does. your theory is much like "every man for himself" and "only the strong survive" and "you made your bed" ...im not religious but were would you be if god thought that way? and to all those that believe obama is behind all this then open your eyes!(again) yes you all know that its all about big money and business and who has the biggest check book has the biggest say. its not rocket science big oil got there big bonus under 1 guy "bush" who was puppet for them $4:50 at the pumps and now big money banks etc... get there bonus under obama hand puppet! oh and all those in washington get a small slice of what evers left behind..oh and on a side note big health insurance is also getting a big slice of the cake thanks to the "you will have insurance or else" mantra...i wonder which bloody health insurance company is gonna pay the biggest money to guarantee that most of them 40 million will get insurance from that company...what a load of crap..and greg i love your "leaked documents" but half of that crap your actually given by them to throw you off scent(the people who actually wrote them) ok ok
terra giordano you lack the wisdom and compassion much like a politician does. your theory is much like "every man for himself" and "only the strong survive" and "you made your bed" ...im not religious but were would you be if god thought that way? and to all those that believe obama is behind all this then open your eyes!(again) yes you all know that its all about big money and business and who has the biggest check book has the biggest say. its not rocket science big oil got there big bonus under 1 guy "bush" who was puppet for them $4:50 at the pumps and now big money banks etc... get there bonus under obama hand puppet! oh and all those in washington get a small slice of what evers left behind..oh and on a side note big health insurance is also getting a big slice of the cake thanks to the "you will have insurance or else" mantra...i wonder which bloody health insurance company is gonna pay the biggest money to guarantee that most of them 40 million will get insurance from that company...what a load of crap..and greg i love your "leaked documents" but half of that crap your actually given by them to throw you off scent(the people who actually wrote them)

]]> By: ebbtide http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/comment-page-1/#comment-64199 ebbtide Fri, 25 Sep 2009 17:18:00 +0000 http://www.gregpalast.com/?p=2818#comment-64199 You guys(and gals)should check tis article out that I wrote a few months ago: http://www.saint8.com/onlinecomics-pxn/pxn2/ It explains alot. You guys(and gals)should check tis article out that I wrote a few months ago: http://www.saint8.com/onlinecomics-pxn/pxn2/ It explains alot.

]]> By: Terra Giordano http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/comment-page-1/#comment-64173 Terra Giordano Fri, 25 Sep 2009 06:41:46 +0000 http://www.gregpalast.com/?p=2818#comment-64173 I think the rest of the world acts so sullen and petulant because they resent the fact that the U.S. is the most powerful country on the planet. Yeah, the economy's down...these things happen. But for people in other countries to act like we need to assist them simply because they're too weak and lack the vision to succeed on their own...well, that's their own fault. I guess life's much more difficult when you're that low on the totem pole. To be jealous and bitter though, like most of Europe is, simply because you lack the intellect, the drive, or the vision to flourish alone...well, that's just sad. Bitter and jealous. I think the rest of the world acts so sullen and petulant because they resent the fact that the U.S. is the most powerful country on the planet. Yeah, the economy's down...these things happen. But for people in other countries to act like we need to assist them simply because they're too weak and lack the vision to succeed on their own...well, that's their own fault. I guess life's much more difficult when you're that low on the totem pole. To be jealous and bitter though, like most of Europe is, simply because you lack the intellect, the drive, or the vision to flourish alone...well, that's just sad. Bitter and jealous.

]]> By: BlueBerry Pick'n http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/comment-page-1/#comment-63954 BlueBerry Pick'n Tue, 22 Sep 2009 20:51:16 +0000 http://www.gregpalast.com/?p=2818#comment-63954 given that American corruption *caused* 2 global economic meltdowns in under a single century... I'm thinking they should pay their bills, stick with the agreements they jammed down everybody's throats which killed off everybody else's economies, & stop complaining that they have to pay back what they owe the Rest of the World. Theft occurred. Time for some reimbursement, kiddies. ...& I wish that the World would stop watching all that American propaganda that keeps trying to tell us that 'American prosperity' is something we want. Americans certainly don't have any answers, but they do have the sexiest propaganda which is entirely crafted to tell the rest of the Globe that they do... listening to that garbage is destroying Canada. Americans barely care about their own neighbours, much less fair treatment & rights for UN-Americans. given that American corruption *caused* 2 global economic meltdowns in under a single century...

I'm thinking they should pay their bills, stick with the agreements they jammed down everybody's throats which killed off everybody else's economies, & stop complaining that they have to pay back what they owe the Rest of the World.
Theft occurred.
Time for some reimbursement, kiddies.

...& I wish that the World would stop watching all that American propaganda that keeps trying to tell us that 'American prosperity' is something we want.

Americans certainly don't have any answers, but they do have the sexiest propaganda which is entirely crafted to tell the rest of the Globe that they do... listening to that garbage is destroying Canada.

Americans barely care about their own neighbours, much less fair treatment & rights for UN-Americans.

]]> By: PeeJ http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/comment-page-1/#comment-63950 PeeJ Tue, 22 Sep 2009 20:26:08 +0000 http://www.gregpalast.com/?p=2818#comment-63950 Sorry, Greg, you're groping this time. Bernanke said the _recession_ *might* be over. That's caution and restraint, not "irrational exuberance." Reassuring words, hope, not hype. Bernanke knows damn well the _crisis_ isn't over. Would you prefer he appear on TV screaming that the sky is falling? I'll grant that it may,in fact, be falling, but that's no qway to inspire confidence in anyone. Sorry, Greg, you're groping this time. Bernanke said the _recession_ *might* be over. That's caution and restraint, not "irrational exuberance." Reassuring words, hope, not hype. Bernanke knows damn well the _crisis_ isn't over. Would you prefer he appear on TV screaming that the sky is falling? I'll grant that it may,in fact, be falling, but that's no qway to inspire confidence in anyone.

]]> By: J C http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/comment-page-1/#comment-63948 J C Tue, 22 Sep 2009 20:16:03 +0000 http://www.gregpalast.com/?p=2818#comment-63948 Europe's response to the banking mess was vastly different from the U. S. They didn't throw trillions at the banks - with few strings attached. Be that as it may, the US needs to spend(buy up other countries) before it inflates to make up for future ficticious created value which isn't going to be there. Duh! It's a giant ponzi scheme "if" they lose and at the least one big casino gamble. Summers and the rest aren't geniuses, they're just great bull shitters who believe what they're saying. Moral bankruptcy of the financial system means they have no honor, which means they're lying when they open their mouths. As they are the ones being allowed to place the words into Obama's mouth - what does one think Obama is saying? Too big to fail? How about,,, they're just too big a crook to go to jail? Or, go pennieless? As the rest of us are supposed to do? Europe's response to the banking mess was vastly different from the U. S. They didn't throw trillions at the banks - with few strings attached. Be that as it may, the US needs to spend(buy up other countries) before it inflates to make up for future ficticious created value which isn't going to be there. Duh! It's a giant ponzi scheme "if" they lose and at the least one big casino gamble.
Summers and the rest aren't geniuses, they're just great bull shitters who believe what they're saying.
Moral bankruptcy of the financial system means they have no honor, which means they're lying when they open their mouths. As they are the ones being allowed to place the words into Obama's mouth - what does one think Obama is saying? Too big to fail?
How about,,, they're just too big a crook to go to jail? Or, go pennieless? As the rest of us are supposed to do?

]]> By: Mike McNicholas http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/comment-page-1/#comment-63941 Mike McNicholas Tue, 22 Sep 2009 19:46:46 +0000 http://www.gregpalast.com/?p=2818#comment-63941 In the UK, we have been bailing out everyone but ourselves, the Brownie scheme called 'scrppage' helps foreign car makers, whilst our industry goes bust. Nipple headed Broon, is hell bent on destroying this country, just to prop up the phoney EU super bug. In the UK, we have been bailing out everyone but ourselves, the Brownie scheme called 'scrppage' helps foreign car makers, whilst our industry goes bust. Nipple headed Broon, is hell bent on destroying this country, just to prop up the phoney EU super bug.

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