Posts Tagged ‘great depression’

Well I know that a lot of my colleges were on their hands and knees praying that Bernanke would not get in. But unfortunately those prayers went unanswered today as Federal Reserve Chairman Ben Bernanke won Senate confirmation for a second term today. I can now safely say the US and its economy is DOOMED! Yes I know that My commentary on all this is comical at times and it is thrown around as a joke, but i think this is really getting serious now, and my most devastating forecasts are now on the verge of playing out.

Why does this man get a pat on the back for doing everything in the book pretty much wrong.  A man that is allegedly an expert on the depression has not only had helped bring the economy to its knees, but even admitted that he couldn’t even see the crisis in the first place. Yes, I know he should have a permanent L shape letter on his forehead. infact it should be tattooed on his forehead, to remind us of that yes…the great job that he has done…NOT.

I think it has come time to each bow our heads and say a little prayer.

Please pray for the Good and great people of America. The good men and women, and prey the blinkers will soon come off sooner rather than later….

Please Pray for Bank & Loan bailouts to stop!….

Please Pray that the criminally insane government and fraudsters criminals that are running this show are exposed and the real TRUTH to this matter will be shown to even the most unsuspecting victims in all of this….

Please Pray for the people when they ask questions and continually get shut down and told to go away…

Please Pray for the people that still believe the words that come from Bernankes mouth!….

Please Pray for the intensity of this things coming to be lessened!….

Please Pray for the criminals behind bars for petty crimes, when the real criminals are running our countries and are the ones that must be punished publicly….

AND MOST OF ALL…

PLEASE PRAY FOR THESE THINGS TO COME TO PASS,

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Even though I am a daytrader and have been heavily “short” the market in the last few days, a lot of people who have just bought back into the market mustn’t be enjoying the 4 days of consecutive ‘blood red’ on their screens!.

But according to the media and government (who are a highly reliable news source apparently ) things are ok, and we needn’t worry. Hmmmm… I think I have heard that one before??

But when I saw the following info on a popular news website I frequent, I nearly spat my coffee all over my monitor.

If I have some down time, and want to go cheer myself up with some good old fashion jokes, I no longer have to use Google. I just have to visit the first News & Economic website I find. This should get joke of the year in my books!!! Sure had me in stitches.

The news over the last few days has been highly amusing, especially when the market is selling off in an orderly fashion. Anyway I thought you would get a kick out of this…

I like this comment – ‘ New Great Depression Has Been Averted’ That’s where I nearly fell off my chair laughing.

Funny thing, is that there is no evidence of this, and Mr Ben Bernanke is following the same actions taken by the government back in 1929 when the stock market crashed and just before the Great Depression Era started. Just pump it full of more money, that seems to be their answer to everything.

But guess what.?…I have actually gone back and studied this myself. And you want to know something that is really haunting?. The governement and mass media had the same bag of tricks up their sleeve back then too…

Have a look at some of the newspaper headlines printed back then…

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“Studies Suggest No Depression Is coming!” 1929

“This Recession Will Be Short Sharp And Only Affect Those Without Jobs” 1930

Drumrolls Please….. And here is the doosy!!!

“Is This Really The Great Depression?” 1930

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What do you think people without jobs standing in the bread and soup lines, who could not afford to buy a newspaper were thinking??.

“Things that make you go Hmmmmm”

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