Free marketeer admits regulation is key

[Procrustes Stretched]

ATLANTA - Regulatory failure, not low interest rates, was responsible for the housing bubble and subsequent financial crisis of the last decade, Ben S. Bernanke, the Federal Reserve chairman, said in a speech on Sunday.
Mr. Bernanke's remarks, perhaps his strongest language yet assessing the roots of the financial

oops...

because____(fill in the blank)

Yeah, yeah, yeah, I already know what the lunatic, fringe Free Market purists are going to say about Bernanke. He ain't free marketeer because____(fill in the blank).

The loony tunes Commie purists say the same thing about Mao, Stalin, Lenin...not really Communists because____(fill in the blank)

 

[Procrustes Stretched]

ATLANTA - Regulatory failure, not low interest rates, was responsible for the housing bubble and subsequent financial crisis of the last decade, Ben S. Bernanke, the Federal Reserve chairman, said in a speech on Sunday.
Mr. Bernanke's remarks, perhaps his strongest language yet assessing the roots of the financial

oops...

 

[xsited1]

ATLANTA - Regulatory failure, not low interest rates, was responsible for the housing bubble and subsequent financial crisis of the last decade, Ben S. Bernanke, the Federal Reserve chairman, said in a speech on Sunday.
Mr. Bernanke's remarks, perhaps his strongest language yet assessing the roots of the financial

oops...

The Fed would like nothing more than to continue to buy politicians and everything else worth owning, all in the name of economic stability. So they create a problem and then magically find a solution that benefits them and nobody is the wiser. Meanwhile, the American people, their children, their grandchildren, etc., get to pay for this corruption. It's truly remarkable how they are able to get away with it.

 

[The Rabbi]

Well Bernanke is not a free marketer. And since he is almost singlehandedly responsible for the current mess, and also up for re-appointment, what would you expect him to say?

But your headline reads better for people intent on finding ways to make socialism look good. Coming up next, Conservative agrees health care bill is great idea, featuring Ben Nelson.

 

[Procrustes Stretched]

ATLANTA - Regulatory failure, not low interest rates, was responsible for the housing bubble and subsequent financial crisis of the last decade, Ben S. Bernanke, the Federal Reserve chairman, said in a speech on Sunday.
Mr. Bernanke's remarks, perhaps his strongest language yet assessing the roots of the financial

oops...

The Fed would like nothing more than to continue to buy politicians and everything else worth owning, all in the name of economic stability.

Name one thing the FED owns, and name one politician who can control what the FED does..

So they create a problem and then magically find a solution that benefits them and nobody is the wiser

Benefits them? lol
Name exactly what benefit the FED got in any instance.

. Meanwhile, the American people, their children, their grandchildren, etc., get to pay for this corruption. It's truly remarkable how they are able to get away with it.

I've been hearing for ages the BS that the children and grandchildren must not pay for their parents. Kids have always paid their parents back in some way...before the US started to raise a generation of gimmie goils.

When the grandkids of today enter the work force, today's deficits will br paid off. IT almost ALWAYS happens that way..moonbats rage against deficits and they get paid off before the ''children'' you people hide behind even get to pay a dime in taxes.

nuff said

 

[Procrustes Stretched]

Well Bernanke is not a free marketer. And since he is almost singlehandedly responsible for the current mess, and also up for re-appointment, what would you expect him to say?

But your headline reads better for people intent on finding ways to make socialism look good. Coming up next, Conservative agrees health care bill is great idea, featuring Ben Nelson.

Bernanke went along with bail outs of big bad capitalist corporations.

Bernanke tried hardest to save the US economy and financial system. Wall Street loves the guy...and you call him a socialist?

 

[CrusaderFrank]

Yes, CRA was to blame

 

[Shogun]

yea... the same type of people also thew Greenspan under a bus after his infamous testimony too..


it's like a fucking cult or something.

 

[Kevin_Kennedy]

Now Bernanke's an advocate of the free market? Come on now, let's get serious here fellas. Who's Next? Obama?

 

[Shogun]

derrr derrrrr... Greenspan hates the free market too! derrrr derrrrrr..




I'm with Pat on this one. I'm tired of being led along some mythical chase for a jackelope free market system that is quickly touted as "just not free enough to show the benefits" every time we continue to eat the shit of the econ opinion of what is quickly becoming nothing more than a cult who seems to think non-wall street journal readers confuse the taste of poop with chocolate.
A Decade of Self-Delusion - HUMAN EVENTS

 

[Truthmatters]

History aint too kind to it either

 

[Kevin_Kennedy]

History aint too kind to it either

Your interpretation of history isn't too kind to it, is what you mean.

 

[Truthmatters]

Nope little boy its history not me.

You are owned byu Misers anyway.

 

[Truthmatters]

http://www.usmessageboard.com/economy/99943-the-pattern-is-set-history-has-spoken.html

 

[Truthmatters]

http://www.usmessageboard.com/economy/100035-list-of-all-the-recessions-in-the-us.html

If you would look at the evidence that history contains without yout misers gogles you would see just how shitty unfettered capitalism is to the human beings living under it.

 

[Kevin_Kennedy]

Nope little boy its history not me.

You are owned byu Misers anyway.

Then what are you owned by? Wikipedia?

 

[Oddball]

The stooge who heads up the greatest fiat currency monopoly the world has ever known is a free marketeer?

Who knew?

 

[Truthmatters]

if you would bother to notice everything in wiki is sourced.

It is not just wiki its history.

You just refuse anything that makes it hard for you to keep following like a sheep your one little site.

 

[Kevin_Kennedy]

if you would bother to notice everything in wiki is sourced.

It is not just wiki its history.

You just refuse anything that makes it hard for you to keep following like a sheep your one little site.

If you would bother to notice reality then you would notice that your interpretation of history leaves out a lot of history.

 

[dan22]

Bernanke is not a free markter but a central planner- that was central banking is. Are economy is not free since the Federal Reserve Act 1913