41 online
 
Most Popular Choices
Share on Facebook 5 Printer Friendly Page More Sharing
OpEdNews Op Eds   

Bernanke Pledges to Screw Your Grandmother for at Least Another Two Years

By       (Page 1 of 5 pages)   1 comment
Message Jim Quinn

"A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank." - Ron Paul

 --  --

I wonder what goes through Ben Bernanke's mind as he sits in his gold plated boardroom in the majestic Marriner Eccles building in Washington D.C. and decides to screw grandmothers in order to further enrich Wall Street bankers. He just pledged to keep interest rates at zero percent for two more years. Ben is a supposedly book smart man. Does he have no guilt or shame for what he has wrought? How does he sleep at night knowing he has created bloody revolutions around the globe due to his inflationary zero interest policy? People are dying because he has decided that an elite group of Wall Street bankers who recklessly brought down the worldwide financial system in 2008 deserve to be kept alive and enriched at the expense of the many.

He uses words like transitory to describe inflation. Even as the price of gold reveals his lies, he continues to promote policies that will lead to the demise of the USD and our economic system. There is only one way to counter his lies -- truth. With a corporate fascist government run by the few for the benefit of the few, telling the truth is treason as stated by Ron Paul:

"Truth is treason in the empire of lies."

The storyline being sold to you by Bernanke, his Wall Street masters, and their captured puppets in Washington DC is that deflation is the great bogeyman they must slay. They make these statements from their ivory, jewel-encrusted towers as the real people in the real world deal with reality. The reality since Ben Bernanke announced his QE2 policy in August 2010 is:

*Unleaded gas prices are up 45%.

*Heating oil prices are up 46%.

*Corn prices are up 71%.

*Soybean prices are up 26%.

*Rice prices are up 13%.

*Pork prices are up 31%.

*Beef prices are up 25%.

*Coffee prices are up 38%.

*Sugar prices are up 48%.

*Cotton prices are up 13%.

Next Page  1  |  2  |  3  |  4  |  5

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Must Read 1   Well Said 1   Valuable 1  
Rate It | View Ratings

Jim Quinn Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

James Quinn is a senior director of strategic planning for a major university. James has held financial positions with a retailer, homebuilder and university in his 22-year career. Those positions included treasurer, controller, and head of (more...)
 
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact EditorContact Editor
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Could GE Collapse?

Jesus of Suburbia

MASS DELUSION - AMERICAN STYLE

An Economic Lesson from Butch Cassidy and the Sundance Kid

Founding Fathers of our New Country

GRAND ILLUSION - THE FEDERAL RESERVE

To View Comments or Join the Conversation:

Tell A Friend