Thursday, January 28, 2010
Senate Reconfirms; Bernanke Says, "Come to the Bar, Drinks Are On Dollar-Holders"
CNBC reports:
Isn't it perfectly obvious what happened? The shadowy bankers read my last post, then told key senators to switch their votes in order to discredit me.
These guys are good. I had no idea what we were up against.
Federal Reserve Chairman Ben Bernanke won Senate confirmation for a second term, ending a bruising political battle that forced the head the world's most powerful central bank to fight for survival.Well shucks, besides my disappointment that the "Bernanke saved us all" messaging was good enough for government work, his reconfirmation apparently blows a hole in my recent conspiracy theory. I had guessed that the last-minute upset was the way to get the architect of a dollar collapse safely out of power, so that the resulting inflation wouldn't be the fault of the sitting Fed chair.
Bernanke's nomination was approved 70-30 by the Senate after clearling a procedural roadblock with a 77-23 vote. A simple majority of 51 votes in the 100-person chamber was needed for approval.
Isn't it perfectly obvious what happened? The shadowy bankers read my last post, then told key senators to switch their votes in order to discredit me.
These guys are good. I had no idea what we were up against.
Comments:
Bob,
Steve Leisman on CNBC today said that they needed a min 70-30 vote for Bernanke to repair the damage and heal the injuries done to the Fed's reputation lately.
Guess they got what they needed. All trust in the Soviets! Err, I mean FedResviets!
Steve Leisman on CNBC today said that they needed a min 70-30 vote for Bernanke to repair the damage and heal the injuries done to the Fed's reputation lately.
Guess they got what they needed. All trust in the Soviets! Err, I mean FedResviets!
Well the democrats only had 59 votes, which according to the MSM, put them as a sort of minority in congress, meaning the republicans still control congress, and so the inflation is from the bush administration.
# posted by 
: January 28, 2010 at 9:15 PM
: January 28, 2010 at 9:15 PM
"These guys are good. I had no idea what we were up against"
They will probably put the price of gold under 1,000 next in an attempt to totally discredit you.
They will probably put the price of gold under 1,000 next in an attempt to totally discredit you.
# posted by : January 29, 2010 at 5:44 PM
: January 29, 2010 at 5:44 PM
They will probably put the price of gold under 1,000 next in an attempt to totally discredit you.
They don't have the cajones.
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They don't have the cajones.
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