The Chairman Behind the Curtain.
Jezebel doesn’t hold back as she tells Ben Bernanke exactly what she thinks of his fiscal policies. In about ten times the amount of words, five times the profanity, and twice the ferocity I would use… She basically spells out exactly what I have been thinking. Dare I say? In her words. Fuck the street Ben Bernanke! Let the market cleanse itself. They need to take their fall. Devaluing our currency, and lowering our interest rates is no solution here. It seems that the Fed has been shown for what it is. The man behind the curtain is pulling the wrong strings, and the man behind the curtain has been there to long.
Give me gold standards. Return sanity to lending. Stop wasting billions in countries where there is no win to be had. End the high finance gilded age. Capitalism and Fiscal Conservatism are one thing, but reckless fiscal policy is quite another.
I must say though that I disagree with Jezebel on one major theme. For all her wonderful candor and insight, she is kidding herself if she thinks an economic meltdown doesn’t affect everyone.