Friday, February 13, 2009

Oct 27, 2005- Bernanke: "There's no Housing Bubble to Go Bust"

He also said any "cooling" in housing won't hurt us. You have to wonder sometimes if people lack honesty or lack intelligence. I hope you know that in the case of the Federal Reserve its honesty. They are there to protect the interest of the banking cartels not Americans. The Fed is privately owned by the same people who own the major international banking institutions. Look it up! Remember- with every dollar they print The Fed and the banks make money hand over fist.

Here's the link to Uncle Ben's foot in his mouth.

http://www.washingtonpost.com/wp-dyn/content/article/2005/10/26/AR2005102602255.html


"See, what we'll do is print a ton of money and get even more of that tax money just for us and make out like bandits cause thats what we do, and yeah- inflation will go crazy, but we'll hide the inflation with bullshit CPI numbers that don't even include relevant figures, and nobody will know any better until one day when a box of your Uncle Ben's rice cost 15 bucks!" "Ahahahahaha! I'm rich Beitch!!!"