Best political cartoon ever, "Bernanke for President" (thanks to Chuck Asay)

Burn that traitor alive!!

 

don't you understand that congress and the president set the economic, fiscal, and monetary policy which the fed is legally bound to follow?

i didn't attack the three time loser, i just pointed out that he's a multimillionaire and bernanke isn't

how is he a traitor?

 

The Fed is not the problem. This country has had a central bank off and on thoughout it's entire history. The same problems have existed both with and without it. Any fed chairman can be replaced at any point in time congress and the president wish. However there is some downside to doing so. It's primary function is to control interest rates some what usually by setting the bottom. They don't even print the money. They do control it's entry into the market in certain ways.

If you want to argue that Bernanke's attempts to move the economy along have been woefully ineffective I'd wholly agree, but I'd also tell you that Bernake only controls one of the brake pedals and there are two perhaps three other Break pedals over which he has no control. He's already let off of his to the greatest extent he can. The other two are being pressed on even harder. The Gas pedal is in a place he cannot reach.

 

But you support the Fed as is. Without them, this sort of debt level could not have been attained.

 

Keeping interest rates low simply buys them time and allows them to go deeper into debt. Also, the Fed buys back the debt which gives them even more time. Face it, the Fed is an enabler in a very dysfunctional relationship. Conservatives stand at the door waiting to force an intervention.

 

A lot of good revolutions have done in the past, eh?

 

He would be a better president than that ************ piece of s**t we have now.

 

you don't know what you're talking about

i support telling truth about the fed

 

Congress has over sight of the Fed, and The president nominates a hand picked chairman, by the fed. Other than that, the Fed controls intrest rates, inflation, and the money supply. Which are the foundations of our economy. You have no clue what you're talking about.

Which isn't even relevant to the cartoon.


Good job on the whole embarrassing yourself, again.

 

it's you that doesn't have a clue

the federal reserve act stipulates that the fed follow congress' monetary policy and report its progress on said policy regularly

if the fed doesn't follow congress' policy, congress can pass further legislation to make additional requirements

the president can fire fed members if they don't do what their bosses (congress & the president) say

 

http://en.wikipedia.org/wiki/Federal_Reserve_System


Source says you are an idiot!

 

no, it says just what i said

congress establishes the policy and the fed has to get it done

 

How could I? After all, I question the status quo. No one should ever do so. Once more, there is no reason to back up the accusation. Why waste your time?

 

You must not do much shopping, Jac... don't you ever go to the grocery store? How 'bout gasoline? Bought any of that since Obama's been around? No, we're not having horrendous 70's-style "stagflation" inflation -- YET. That comes next, when the enormously bloated money supply starts chasing commodities and necessities. We are seeing spikes in commodites prices, Jac, and have been for quite a while... corn, coffee, and what's the price of gold back up to now? $1,732 an ounce?

But, no, Jac, the Fed doesn't actually print money. I know that, and that's why every single time I refer to the Fed's propensity for creating worthless new money out of thin air, I always put quotation marks around the word, "printing". Using the term, "printing" is a simpler and more easily-understood way to describe what this rotten central bank does in collaboration with the other central banks in Europe and elsewhere.

By the way, Jac, weren't you going to tell us all about how Chairman Benny Bernanke is really just "an ordinary, average guy"? Weren't you going to tell us all about how modest his means are, how little money he has, and how hard he is working to maintain the value of the American dollar? All of those things are total horse(*)(*)(*)(*), Jac... especially the last one.

 

that's right, you couldn't

you're wrong, but one person shopping isn't an objective view of inflation

August 15, 2012

On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers was unchanged in July, as it was in June. The index for all items less food and energy rose 0.1 percent in July after increasing 0.2 percent in June.

The Consumer Price Index for All Urban Consumers (CPI-U) was
unchanged in July on a seasonally adjusted basis, the U.S. Bureau of
Labor Statistics reported today. Over the last 12 months, the all
items index increased 1.4 percent before seasonal adjustment.

http://www.bls.gov/cpi/news.htm

 

Ben The Printer has been dead wrong on about anything before, prior, during, and after the housing bubble burst.

It's hilarious to see people still drinking his kool-aids.

 

the fact is that the fed doesn't print money, not one dollar

 

Snap out of it, Jac -- you're getting caught in an infinite do-loop. I already told you what all this is about "printing", just a few posts ago...

"But, no, Jac, the Fed doesn't actually print money. I know that, and that's why every single time I refer to the Fed's propensity for creating worthless new money out of thin air, I always put quotation marks around the word, "printing". Using the term, "printing" is a simpler and more easily-understood way to describe what this rotten central bank does in collaboration with the other central banks in Europe and elsewhere."

 

Show me congress's monetary policy then.

LMAO, can't pass a budget, but apparently we issue monetary policy.

Here is your sign.

 

wake up and notice that post wasn't addressed to you

read the federal reserve act

 

The fact that you think your mindless and senseless spinning would convince anybody on this issue is hilarious.

 

you have no clue what i think

i'm not trying to convince anyone of anything

what i do is post the truth in response to lies and misinformation


here's a verifiable fact: the federal reserve doesn't print any money

 

Oh sure you're telling the truth.

Here is another FACT: Apple DOES NOT make any Iphone & IPad, the Chinese commies do that for them.

See where we're going?

 

When you go on writing the same drivel, don't be surprised if I supply clarification and call you out on it. And you want people to read the "federal reserve act"? Where in any "act" was stated any intention that some bunch of central bankers would be given the ability to "print" worthless money recklessly, for no good reason, and flood the planet with it? this Does this "federal reserve act" support creating worthless money out of thin air and buying our own ballooning debt with it?! I'm anxious to hear your response to these questions, but I'm sure there won't be one....

Yes, I know. Hyperlib "Progressive" President Woodrow Wilson and the rest of that Democrat mob put the Federal Reserve System into existence 99 years ago, and it has usurped all the power and authority away from the office of the Secretary of Treasury. People who believe in the ultimate authority of the Constitution of the United States have hated and despised the Federal Reserve System ever since the Depression of the 1930's, but we've never been able to get rid of the these sons of *******. Sometimes, as we saw when Paul Volcker was Fed Chairman, it can actually be useful and helpful in restoring a damaged economy, but the sick, misguided Keynesian theory practiced by "Bailout" Bernanke will lead nowhere but debt-repudiation, bankruptcy, and probably -- war. I haven't made so much as a dent against your software armor, Jac, but deep down inside you, unless you really are just a Q&A automaton, you know that much of what I've said is true....

 

that's right, i am telling the truth and what i've said is easily verified

apple and china aren't comparable to the fed and treasury dept

when some idiot posts misinformation, i'm going to point it out and post the truth of the matter