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User Info The Caption For Posterity in forum [Ticker]
Genesis
Posts: 71433
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.org/archives/1070-T....

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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
2009-05-29 10:06:41
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Ssg263
Posts: 100
Incept: 2009-01-07

NY
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good one. this should go viral

2009-05-29 10:16:50
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Otiswild
Posts: 1341
Incept: 2009-03-09

Teegeeack
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"Yes, senator, they ARE that big.. And brass.. How else do you think I could have gotten away with it so far?"

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It appears that the yard wolves has grown up. Are we finally finished with the colds dead winters?

Last modified: 2009-05-29 10:18:20 by otiswild

2009-05-29 10:17:55
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Keewaydin
Posts: 1547
Incept: 2007-08-22

Just a fleshwound!
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Did Ben actually say that????

2009-05-29 10:18:12
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Genesis
Posts: 71433
Incept: 2007-06-26
A True American Patriot!
KD^2
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No, he said something that in fact is the same thing though: "A sufficiently-determined central bank can always stop a deflation."

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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
2009-05-29 10:19:10
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Early_retirement
Posts: 1843
Incept: 2007-06-26

Burlington, Vermont
Online
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For real? Such an arrogant prick he is.

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"You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else."

Last modified: 2009-05-29 10:20:04 by early_retirement

2009-05-29 10:19:18
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Keewaydin
Posts: 1547
Incept: 2007-08-22

Just a fleshwound!
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Ah yes - the origin of the "helicopter" moniker.

2009-05-29 10:20:22
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Wearedoomed
Posts: 904
Incept: 2009-01-14

Petra
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Yep, Google confirms - or at least, it confirms that he said something that means the same thing.

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The shrewdest of the great generals in China's history once said that perfection in war lay in so sapping the opponent's will that he surrenders without fighting.
2009-05-29 10:21:18
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Spazznout
Posts: 235
Incept: 2009-04-15
Columbus, Ohio
Online
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Thanks for the laugh Gen. It was well needed. This def needs to go Viral.

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"Those who make peaceful revolution impossible, make violent revolution inevitable."

John F. Kennedy
35th president of US 1961-1963 (1917 - 1963)
2009-05-29 10:22:45
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Cheapbastud
Posts: 659
Incept: 2007-10-09

F is for FAIL
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What are guys talking about?! He is a man of the people! Look for yourself.... no cuff links.

2009-05-29 10:26:48
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Icanhasbailout
Posts: 2170
Incept: 2009-03-10 A True American Patriot!
Imaginationland
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If we're holding a caption contest, please accept my entry:

"Hoocoodanode?"

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I can has TARP? http://icanhastarp.com
2009-05-29 10:28:15
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Trader_kid
Posts: 4012
Incept: 2007-09-27

You sounded a little taller on radio
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oh, the hubris.

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"People have predicted the end of America in the past and been wrong. But let's face it: If you're trying to borrow $9 trillion to save your financial system, and already half your public debt held by foreigners, it's not really the conduct of rising empires, is it?" - Niall Ferguson

2009-05-29 10:29:24
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Lonestarhog
Posts: 64
Incept: 2009-03-06
The Republic of Texas!
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Hey, Big Ben, your precious Federal Reserve Note is slowly being replaced by gold/silver, per the U.S. Constitution. Bennie, have you looked at all three today?

Gold/silver/food/ammo...

Hog

2009-05-29 10:30:29
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Wisc-xc
Posts: 4828
Incept: 2007-07-14

outside chicago
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Nine out of ten college professors think just like him. That's one of the reasons that Bill Buckley said he'd rather be governed by the first 100 names in the phone book than by the faculty at Harvard.

2009-05-29 10:33:33
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Karens
Posts: 34
Incept: 2009-04-20
Georgia
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This man is evil. He is intentionally ruining our economy. I look in his eyes and see evil.

2009-05-29 10:36:35
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Xanares
Posts: 1288
Incept: 2008-11-10

London
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Yes, that is the One Ring you see there on his finger.

2009-05-29 10:42:41
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Lastchance
Posts: 1132
Incept: 2008-11-19
Las Vegas
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Now that caption is past funny. You could even add this one.

I am Ben and I am suspending conventional mathematics, but only temporarily.

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"We don't quit. I don't quit" President Obama 1/27/10

Man, I would to have him in one of our poker games.
2009-05-29 11:08:36
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Dji
Posts: 720
Incept: 2009-04-21

Fleming Island
Online
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He has brown eyes too, Thus he is Full of **** and Cramer had it right,
They know Nothing!
He must have gotten the gun to the head and wants his mad money job, now he is sucking up to this crap big time!
got no use for sell-outs.
Honesty, truth a thing of the past.

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What goes up Must come Down- Alan Parsons Project
THE TRUTH HURTS! -Dji
2009-05-29 11:08:48
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Lonestarhog
Posts: 64
Incept: 2009-03-06
The Republic of Texas!
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Quote:
...got no use for sell-outs...


One of the greatest sellouts of all> http://www.constitution.org/mon/greenspa....

Big Ben is just a continuation of what happens when people become part of the Wa****on elite.

Gold/silver/food/ammo...

Hog

2009-05-29 11:21:18
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Kuhio
Posts: 206
Incept: 2008-12-31
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Quote:
"A sufficiently-determined central bank can always stop a deflation."


Karl, are you disagreeing with the logic or the Constitutional aspect? Logically, he is correct; after all, wouldn't the corollary be correct: "A sufficiently-determined central bank can always create (hyper)-inflation."? What's to stop him from mailing $1T to every citizen? Congress? The Law (1913 Act)?

Which brings us to the Constitutional aspect. In what alternative universe did Bernanke, et al assume that this sacred compact, made between free born citizens and a government created by US to serve OUR ends, gives them license to become our masters?

Ben is right - a sufficient determined central bank can do just that - if it is allowed. I wonder what the Reps think as they hear him speak. Do any even realize the magnitude of what he said in the context of 'consent of the governed'? Do they realize just how far up **** creek we are by letting this guy mess around with the levers while they occupy themselves with inconsequential matters?

This is not going to end well - at least in the short-term. For future generations, this is going to turn out extremely well - they are going to experience a much freer, looser country after the central government collapses and a new federal republic is re-built from scratch.

2009-05-29 11:49:34
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Mayorquimby
Posts: 5868
Incept: 2008-09-18

Ponzi Planet
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No one man should have anything close to this kind of power (or the impression thereof).

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It's a PONZI ECONOMY and it already HAS collapsed. Now they need more ponzi!
2009-05-29 12:17:57
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Trader_kid
Posts: 4012
Incept: 2007-09-27

You sounded a little taller on radio
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Quote:
No one man should have anything close to this kind of power (or the impression thereof).

something to think about...a lot of people, especially when he was in office, credit greenspan for the "roaring" economy of the late 90s. people have also blamed him for the housing bubble and subsequent bursting of that bubble. they do the same thing with bernanke.

wasn't the point of founding the country so that there wouldn't be one person with enough power that could be credited or blamed for such things?

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"People have predicted the end of America in the past and been wrong. But let's face it: If you're trying to borrow $9 trillion to save your financial system, and already half your public debt held by foreigners, it's not really the conduct of rising empires, is it?" - Niall Ferguson

2009-05-29 12:26:30
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Trades50
Posts: 1145
Incept: 2007-10-30

IL
Online
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Always thought he would bet everything on stopping deflation. What happens when he gets what he wants and a lot more? The dollar goes down the tubes, rates spike to double digits while the economy is in bad shape.

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Labor for the Globalist: World Class means Third World Class.
2009-05-29 12:29:01
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Genesis
Posts: 71433
Incept: 2007-06-26
A True American Patriot!
KD^2
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The deflation happens anyway, but along with it, middle class America is utterly destroyed and picks up pitchforks - because they can't afford the ammunition for their rifles.

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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
2009-05-29 12:42:02
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Lastchance
Posts: 1132
Incept: 2008-11-19
Las Vegas
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The funny thing about Ben is that when one looks at hundreds of hours of video footage, he seems to be a good guy. Wrong team? Probably. Playing bad hands? Probably. But unlike most of us, he HAS to play. A few of us were talking about this earlier and someone posed the question: does Ben even get a vacation? Like going fishing for a few days? Or is it on call 24/7 in case some financial disaster strikes?

If so, I would not want that kind of life.

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"We don't quit. I don't quit" President Obama 1/27/10

Man, I would to have him in one of our poker games.
2009-05-29 12:48:22
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