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	<title>Comments on: Bernanke&#8217;s Crystal Ball</title>
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	<link>http://dailyreckoning.com/bernankes-crystal-ball/</link>
	<description>Covering the economy, global markets and world politics.</description>
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		<title>By: Charles W. Williams</title>
		<link>http://dailyreckoning.com/bernankes-crystal-ball/#comment-14598</link>
		<dc:creator>Charles W. Williams</dc:creator>
		<pubDate>Sat, 11 Jul 2009 23:50:31 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=15411#comment-14598</guid>
		<description>With all the talk of bailouts for banks, I wonder how much stock in the Federal Reserve is owned by the Rothschilds and whether the current Secretary of the treasury, Mr. Geithner is actually on the Rothschilds payroll and whether Abby Joseph Cohen and her Wall Street gang are on the Rothschild&#039;s payroll.  It looks to me that the Fed Reserve has been taking us for a long time to complete ruin.</description>
		<content:encoded><![CDATA[<p>With all the talk of bailouts for banks, I wonder how much stock in the Federal Reserve is owned by the Rothschilds and whether the current Secretary of the treasury, Mr. Geithner is actually on the Rothschilds payroll and whether Abby Joseph Cohen and her Wall Street gang are on the Rothschild&#8217;s payroll.  It looks to me that the Fed Reserve has been taking us for a long time to complete ruin.</p>
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		<title>By: davecol</title>
		<link>http://dailyreckoning.com/bernankes-crystal-ball/#comment-7541</link>
		<dc:creator>davecol</dc:creator>
		<pubDate>Fri, 08 May 2009 03:32:51 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=15411#comment-7541</guid>
		<description>I guess really last thing.

Things will change when the average US and UK individual, wakes up, starts voting, and actually does simple math and learns how to tell the media and politicians they are all full of sh(*!  

Banks do not need bailouts they can borrow money!  Dah!

Banks that are not loaning money are not banks!  Dah!

Real banks can only make money by loaning money!  Dah!

If two out of three mortgages are paid banks make 5% plus 5% and have to paid 1% plus 1% plus 1% or 7% profit.  So until 2 out of three loans go into forelosure banks are making 7% for typing into computers!  Dah!

 Wake up all you idiots and start doing some simple math!  And start telling all of these writers they are all liars!</description>
		<content:encoded><![CDATA[<p>I guess really last thing.</p>
<p>Things will change when the average US and UK individual, wakes up, starts voting, and actually does simple math and learns how to tell the media and politicians they are all full of sh(*!  </p>
<p>Banks do not need bailouts they can borrow money!  Dah!</p>
<p>Banks that are not loaning money are not banks!  Dah!</p>
<p>Real banks can only make money by loaning money!  Dah!</p>
<p>If two out of three mortgages are paid banks make 5% plus 5% and have to paid 1% plus 1% plus 1% or 7% profit.  So until 2 out of three loans go into forelosure banks are making 7% for typing into computers!  Dah!</p>
<p> Wake up all you idiots and start doing some simple math!  And start telling all of these writers they are all liars!</p>
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		<title>By: davecol</title>
		<link>http://dailyreckoning.com/bernankes-crystal-ball/#comment-7539</link>
		<dc:creator>davecol</dc:creator>
		<pubDate>Fri, 08 May 2009 03:25:34 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=15411#comment-7539</guid>
		<description>Last thing.

Why is the US fighting in afganistan and trying to fight in Pakistan.

Dah!  It is the corporations making sure they have slave labor in Pakistan and India!

The taliban want there law which basically means no corporate law like in the US were we close factories to move to india to use 12 year old boysto do by hand the job of union workers from the US and UK running robots to make shoes.

Basically everyone I read anymore is an idiot who has never stepped one foot in an American or european factory and then went to a factory in China or India!

CNN and the government and everyone is either a liar, a idiot, paidoff or all three!</description>
		<content:encoded><![CDATA[<p>Last thing.</p>
<p>Why is the US fighting in afganistan and trying to fight in Pakistan.</p>
<p>Dah!  It is the corporations making sure they have slave labor in Pakistan and India!</p>
<p>The taliban want there law which basically means no corporate law like in the US were we close factories to move to india to use 12 year old boysto do by hand the job of union workers from the US and UK running robots to make shoes.</p>
<p>Basically everyone I read anymore is an idiot who has never stepped one foot in an American or european factory and then went to a factory in China or India!</p>
<p>CNN and the government and everyone is either a liar, a idiot, paidoff or all three!</p>
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		<title>By: davecol</title>
		<link>http://dailyreckoning.com/bernankes-crystal-ball/#comment-7536</link>
		<dc:creator>davecol</dc:creator>
		<pubDate>Fri, 08 May 2009 03:17:57 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=15411#comment-7536</guid>
		<description>I think a lot of people are missing the point and can not do simple math.

1.  The ability of mankind to produce goods with the least amount of manpower, the least amount of waste, the least amount of polution, and the least amount of energy has never been better than this very minute.  We are in the middle of a technology boom that has never been seen by the likes of mankind ever!

2.  The reason people are losing there jobs is because the government is allowing the corporations with the help of the stock markets to take all the capitol and move it to third world countries to offshore every job that physically be moved.

3.  Anyone who is not part of this money making racket will lose income until there are is no more slave labor left in third world countries.  That will be a long time!

4.  The answer is obvious!  It is called people voting only for politicians who will force a percentage of most goods from every country to be domestic content.  It does not and should not be 100% but must be at least 25%.  That would fix everything for the average person in about 1 month!

Until then all these people who are writing about this are all basically liars paid off to not tell the truth!

We have the greatest economic surge in the history of mankind!  We do not have a housing crisis that caused a banking crisis.  That is more lies.  The banks make and have always made money from mortgages!

Stop being an idiot everyone and do the math!!!!!!</description>
		<content:encoded><![CDATA[<p>I think a lot of people are missing the point and can not do simple math.</p>
<p>1.  The ability of mankind to produce goods with the least amount of manpower, the least amount of waste, the least amount of polution, and the least amount of energy has never been better than this very minute.  We are in the middle of a technology boom that has never been seen by the likes of mankind ever!</p>
<p>2.  The reason people are losing there jobs is because the government is allowing the corporations with the help of the stock markets to take all the capitol and move it to third world countries to offshore every job that physically be moved.</p>
<p>3.  Anyone who is not part of this money making racket will lose income until there are is no more slave labor left in third world countries.  That will be a long time!</p>
<p>4.  The answer is obvious!  It is called people voting only for politicians who will force a percentage of most goods from every country to be domestic content.  It does not and should not be 100% but must be at least 25%.  That would fix everything for the average person in about 1 month!</p>
<p>Until then all these people who are writing about this are all basically liars paid off to not tell the truth!</p>
<p>We have the greatest economic surge in the history of mankind!  We do not have a housing crisis that caused a banking crisis.  That is more lies.  The banks make and have always made money from mortgages!</p>
<p>Stop being an idiot everyone and do the math!!!!!!</p>
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		<title>By: Joseph Dudzik</title>
		<link>http://dailyreckoning.com/bernankes-crystal-ball/#comment-7510</link>
		<dc:creator>Joseph Dudzik</dc:creator>
		<pubDate>Thu, 07 May 2009 21:49:02 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=15411#comment-7510</guid>
		<description>Instead of talking about bottoms, recovery and Ls an Vs just keep your eye on  the unemployment numbers for nothing else matters.  the r eason being with an exonomy dpendent of 70 or 80 percent consumerism just where is the basis for a turn around or bottom or whatever with unemployment increasing.  In stead of bailing out teh banks and automobile industry I do believe the congress and administration would be better advised to simply keep on extending unemployment benefits.  Joe</description>
		<content:encoded><![CDATA[<p>Instead of talking about bottoms, recovery and Ls an Vs just keep your eye on  the unemployment numbers for nothing else matters.  the r eason being with an exonomy dpendent of 70 or 80 percent consumerism just where is the basis for a turn around or bottom or whatever with unemployment increasing.  In stead of bailing out teh banks and automobile industry I do believe the congress and administration would be better advised to simply keep on extending unemployment benefits.  Joe</p>
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		<title>By: Steve, Toledo Oh</title>
		<link>http://dailyreckoning.com/bernankes-crystal-ball/#comment-7482</link>
		<dc:creator>Steve, Toledo Oh</dc:creator>
		<pubDate>Thu, 07 May 2009 14:29:05 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=15411#comment-7482</guid>
		<description>Bill,

I&#039;d like to posit a case for hyper-inflation that I haven&#039;t heard to much (none?) banter on. Quickly and crudely.

Although the banks and their counterparts at the Fed wouldn&#039;t like to see their hooks snipped from the jaws of society, they will, or may already have, realize that if the economy deteriorates enough folks will abandon debt.

If I own a home that keeps losing value, credit cards that keep getting fees tacked on and the rate arbitrarily changed and a bank that won&#039;t lend me money for a business or let alone a car, why do I need credit at all? And if I don&#039;t need/can&#039;t get credit why in the world would I continue playing the game? All it takes is someone losing their job and they may stop paying their debts and give up on credit entirely.

But if people were released from their debt (oh the horror), the banks could at least keep the consumer credit psyche intact. Of course they would lose LOTS of money, but they would at least be able to string together that open window to lure people back into the credit trap. And there&#039;s also an outside chance that people&#039;s image of banks may soften..</description>
		<content:encoded><![CDATA[<p>Bill,</p>
<p>I&#8217;d like to posit a case for hyper-inflation that I haven&#8217;t heard to much (none?) banter on. Quickly and crudely.</p>
<p>Although the banks and their counterparts at the Fed wouldn&#8217;t like to see their hooks snipped from the jaws of society, they will, or may already have, realize that if the economy deteriorates enough folks will abandon debt.</p>
<p>If I own a home that keeps losing value, credit cards that keep getting fees tacked on and the rate arbitrarily changed and a bank that won&#8217;t lend me money for a business or let alone a car, why do I need credit at all? And if I don&#8217;t need/can&#8217;t get credit why in the world would I continue playing the game? All it takes is someone losing their job and they may stop paying their debts and give up on credit entirely.</p>
<p>But if people were released from their debt (oh the horror), the banks could at least keep the consumer credit psyche intact. Of course they would lose LOTS of money, but they would at least be able to string together that open window to lure people back into the credit trap. And there&#8217;s also an outside chance that people&#8217;s image of banks may soften..</p>
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		<title>By: Dennis (EU)</title>
		<link>http://dailyreckoning.com/bernankes-crystal-ball/#comment-7469</link>
		<dc:creator>Dennis (EU)</dc:creator>
		<pubDate>Thu, 07 May 2009 07:48:05 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=15411#comment-7469</guid>
		<description>Always good to dig deeper and deeper into this mess, but for me the big picture is crystal-clear: Administrations and Feds worldwide are just buying time to postpone revolutions, hoping for miracles to happen.
Can Aliens help us? Or a meteor hitting earth? Or a huge earthquake or vulcanic eruption? Or worldwar III, or a disease cleaning up about 5 billion people?</description>
		<content:encoded><![CDATA[<p>Always good to dig deeper and deeper into this mess, but for me the big picture is crystal-clear: Administrations and Feds worldwide are just buying time to postpone revolutions, hoping for miracles to happen.<br />
Can Aliens help us? Or a meteor hitting earth? Or a huge earthquake or vulcanic eruption? Or worldwar III, or a disease cleaning up about 5 billion people?</p>
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		<title>By: lataxslave</title>
		<link>http://dailyreckoning.com/bernankes-crystal-ball/#comment-7450</link>
		<dc:creator>lataxslave</dc:creator>
		<pubDate>Thu, 07 May 2009 02:46:56 +0000</pubDate>
		<guid isPermaLink="false">http://dailyreckoning.com/?p=15411#comment-7450</guid>
		<description>Inflation and economics are important, but at this point I think we should be more concerned with our LIBERTY: we have a federal government that is threatening CEOs and bondholders behind closed doors, some reporting that the fear for their lives.  This is fascism, and I see no reason why the stock market should have any sort of sustained rally considering the federal gov&#039;t is calling all the shots and taking over one corporation after another.</description>
		<content:encoded><![CDATA[<p>Inflation and economics are important, but at this point I think we should be more concerned with our LIBERTY: we have a federal government that is threatening CEOs and bondholders behind closed doors, some reporting that the fear for their lives.  This is fascism, and I see no reason why the stock market should have any sort of sustained rally considering the federal gov&#8217;t is calling all the shots and taking over one corporation after another.</p>
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