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User Info More Bernanke, Mr. Issa, And The Media in forum [Ticker]
Genesis
Posts: 71430
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.org/archives/1156-M....

CALL OR FAX MR. ISSAS OFFICE WITH YOUR WORDS OF SUPPORT.

Washington D.C. Office
2347 Rayburn House
Office Building
Washington, DC 20515
phone: 202-225-3906
fax: 202-225-3303

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me

Last modified: 2009-06-24 17:55:12 by genesis

2009-06-24 17:54:35
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Ssg263
Posts: 100
Incept: 2009-01-07

NY
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good ticker. CNBC and Cramer have lost all credibility

2009-06-24 17:59:01
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Greenrebellion
Posts: 429
Incept: 2009-01-03

Los Angeles
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I contacted him earlier right after this aired. Hopefully he doesn't back down at all.

2009-06-24 17:59:30
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Genesis
Posts: 71430
Incept: 2007-06-26
A True American Patriot!
KD^2
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WE NEED PEOPLE TO FAX THIS TO ALL THE REPS ON THIS LIST:

http://oversight.house.gov/about/members....

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-06-24 18:00:44
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Gs_hedge
Posts: 819
Incept: 2008-02-09

Online
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I guess Mr. Issa will be Client #10.

2009-06-24 18:02:11
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Implosion
Posts: 3210
Incept: 2008-03-20

99.9% of all crash calls are wrong!
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Cramer is at it again. He's defending Bernanke on the opening monologue of his Mad Money show.

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"You better believe in the PPT! If you haven't by now, you will." - Chummin

It's a Global Economic Meltdown (Music Video): http://www.youtube.com/watch?v=mzXTxAOQE....
2009-06-24 18:04:21
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Fortune
Posts: 1455
Incept: 2008-04-21
A deep dark place...scary
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If anyone ever wanted concrete proof that CNBC is nothing more than a shill for the financial oligarchy to get its message out.... there you have it folks on display for the whole planet via their perverted defence of Bernanke.

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It's a toss up.
It is the Rule of Law that transforms assets into money: Martin Armstrong
Math IS: Karl Denninger

2009-06-24 18:06:38
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Spanktron9
Posts: 441
Incept: 2009-03-13

skittles, taste the rainbow
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Cue smear of Issa in 5...4...3...2

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I'm the only guy I know who can lose money short and long at the same time.
There can be no energy bailout. -Globe and Mail 6/4/09
2009-06-24 18:06:51
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-contrarian-
Posts: 100
Incept: 2008-12-06
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He says that "this is a question we are going to have tomorrow and beyond", is there a hearing tomorrow on this?

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"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."
Friedrich Hayek
2009-06-24 18:10:52
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Geckogm
Posts: 1658
Incept: 2007-06-26

Canyon Lake
Online
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Some Southern California local contacts as well.

Rep. Issa

Riverside County Office
Temecula, CA
phone: 951-693-2447

San Diego County Office
1800 Thibodo Road, #310
Vista, CA 92081
phone: 760-599-5000
fax: 760-599-1178

2009-06-24 18:11:51
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Mrtony
Posts: 1274
Incept: 2009-05-01

East Coast US
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It's worth recalling that a lot of the carnage in Argentina was due to what amounted to a criminal conspiracy between the bankers and the government to effectively rob the citizenry. I know people from Argentina who claim that they were on a privileged list of people notified prior to intentional currency devaluations. Given what went on over there and the fact I have no reason to doubt such claims (hyperinflations always end up being mass robbery of the citizenry).

Could something like that happen here?

Given all the focus we've seen on financial bailouts and inflationary policies (both of which socialize financial sector losses on debt) I have to think you can't rule out the potential of something similar.

We have this unaturally large financial sector with massive influence after all. I'd assume they're going to try to use it to make others bear the burden of their mistakes.

I would expect somebody like Cramer to be the cheerleader of such a process.

2009-06-24 18:12:06
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Junkyard
Posts: 5251
Incept: 2007-11-06

NZ: land of the damned
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Quote:
It's the people in power having to admit that they know ... But you don't say it...

It's a conglomarate. If one of them betrays the principles of the accrual of money and power, the others betray him.


These ****ers liesman, cramer, and everyone who has cluster****ed each other like brothers and sisters have no ****ing CHOICE.

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It's the people in power having to admit that they know ... But you don't say it...
It's a conglomarate. If one of them betrays the principles of the accrual of money and power, the others betray him.
2009-06-24 18:12:36
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Macfly
Posts: 881
Incept: 2007-10-05
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Sounds like the committee might have some interesting questions up their sleeves. Issa sounded like he didnt want to give away exactly what Benny will be asked. I bet they are going in for the kill on this one. they are going to trap him in his lies. should be a popcorn moment tomorrow.

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Mishkin: Do not look into the bag... When you realize what's in the bag, you will realize the dollar is toast. Do not audit the Fed and force us to show what's in the bag. Be warned. Some secrets are best kept in the closet.
Joe Q Public: Mishkin, STFU. Truth wins out eventually. -stuart on ZH
2009-06-24 18:14:21
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Crossthread
Posts: 1437
Incept: 2007-09-04
Wilmington, NC
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Ben "maybe" went a little to far, But Nothing over the Top, Not a "cover-up",,
Quote Mad Money @ the Commerical break..

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They all went to look for "America".
2009-06-24 18:14:25
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Boshaugh
Posts: 1886
Incept: 2008-08-08

Northern Virginia/DC Metro Area
Online
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Issa isnt stupid, and smart people dont go on CNBC making claims one day before Congressional hearings unless they have something concrete to back up those claims. i dont know what he's got but i highly doubt he's bluffing. if he is, then he's the idiot, but i highly doubt thats the case. tomorrow could get interesting.

2009-06-24 18:16:42
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Genesis
Posts: 71430
Incept: 2007-06-26
A True American Patriot!
KD^2
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He's definitely not an idiot. I've watched enough of him to know - he's one of the few that actually DOES get it.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-06-24 18:24:02
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Dji
Posts: 720
Incept: 2009-04-21

Fleming Island
Online
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deleted cnbc from my channel guide **** THEM AND THE HORSE THEY RODE IN ON. Anyone else tired of the Lies and Bull****
Hope Fox has good coverage tomorrow

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What goes up Must come Down- Alan Parsons Project
THE TRUTH HURTS! -Dji
2009-06-24 18:25:01
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Clock
Posts: 863
Incept: 2007-09-18
Green Shoots My Ass.
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I'll bet this whole thing gets smoothed over as usual and nobody is held accountable....as usual.

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...lots of money still on the sidelines ~ CNBC mantra ~



2009-06-24 18:27:46
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Jstanley01
Posts: 2567
Incept: 2008-07-30
A True American Patriot!
San Antonio, Texas
Online
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Quote:
You [Cramer] think that The Federal Reserve should be able to break the law any time it wants? That it should be able to, for example, buy Freddie and Fannie paper even though the clear black-letter law says it cannot?
I wonder when one of these intrepid Congress Critters is going to raise a stink about that.

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...so in short, my fellow Texans, we must secede. "For the children..." --Me
2009-06-24 18:35:23
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Wisc-xc
Posts: 4825
Incept: 2007-07-14

outside chicago
Online
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Issa's extremely quick on his feet. I don't think it's going to get smoothed over at all, especially since the cat's already out of the bag. I suspect the fireworks many of us here have been pinning for where heads start rolling are likely to commence in short order. If Issa has the goods, which I have no reason to doubt, then BB's ass is grass.

2009-06-24 18:36:25
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Jszoke
Posts: 56
Incept: 2009-05-27

Royal Oak, MI
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I to sent Mr. Issa an email showing support, however, this guy is going to get creamed. He's got a pretty jaded past - or at least one that can be twisted negatively - and I'm sure some of that **** is going to surface.

That being said, it's makes me somewhat hopeful that the people have represenation somewhere in the political lockbox.

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No More Bull****.
2009-06-24 18:37:59
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Mayorquimby
Posts: 5868
Incept: 2008-09-18

Ponzi Planet
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Seriously, can we all finally agree to turn off CNBC here on TF? Pretty please?!!!

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It's a PONZI ECONOMY and it already HAS collapsed. Now they need more ponzi!
2009-06-24 18:38:40
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Jszoke
Posts: 56
Incept: 2009-05-27

Royal Oak, MI
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Jim Cramer makes me want to ****ing PUKE. Bernanke must seriously be stroking Jim off during the commercial.

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No More Bull****.
2009-06-24 18:40:46
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Dashingdwl
Posts: 4564
Incept: 2007-06-26

los angeles
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What is CNBC? Never heard of it.

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Think Green Tip.
2009-06-24 18:41:35
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Fidgit
Posts: 14065
Incept: 2008-02-18

AllyBammy
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Mayor, I've given up on that one... ;)

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I say it's spinach, and I say the hell with it.
2009-06-24 18:41:45
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