“I’ll just come right out and say it: Ben Bernanke will go down as the greatest Federal Reserve chairman in history.”
We’re not saying we agree or disagree, but are just surprised Jimbo would want to go on the record in such a public fashion with this one after having been burnt quite badly for doing so in the past. Though, to his credit, this latest is one of those, “on a hundred, or thousand year time-line” pronouncements that aren’t as easily proved so conclusively wrong, or used as Daily Show fodder as other, more BSC-like calls. So, he’s learning.
How Ben Bernanke Saved Us From A Second Great Depression [NYM]
OMFG! Does Cramer polish his balding dome on Bernanke’s taint? Bernanke will be lucky if he even keeps the job next confirmation hearing. How’s that whole QE thing working out?
Mr. Cramer I see your Bernanke and raise one William McChesney Martin Jr
He’s just throwing shit against the wall to see what sticks.
I’ve got a short memory and all, but this is the same guy who almost had an aneurysm on live tv yelling “THEY HAVE NO IDEA, NO IDEA!!!!” in August of 2007 regarding the Fed’s lack of, I guess idea, about how bad things were in the markets.
Ive said it before and Ill say it agian. DO NOT listen to anything this guy says, he has unbelievable diarrhea of the mouth. He is nothing but a talking head throwing darts at a board.
The best part is that this wasn’t just like off the cuff rambling on Mad Money but something he actually took the time to sit down, think about, and print.
I wouldn’t let Janice Dickinson pound my secretary in the ass.
Abe Frohman
hmmmm first he is seen sitting next to Rahm Emanuel at the correspondents dinner, and now he has nothing but glowing things to say…
@2– is that the fix-it-up chappie from “The Sneetches?”
@5 back to yahoo
@8- no need for your “hmmms” and “…”
Cramer has never kept his party affiliation a secret.
i bet kramer and LIESman take turns juggling bens balls
I’m perplexed by the pic; the top half looks like a perfectly plausible cracked out janice dickenson hanging on him like a barnacle, but the bottom half looks like a crappy photoshop mask job.
@7 YOU’RE Abe Frohman? The sausage king of chicago?
-Wildcard bitches!
@Anal
It’s real, it looks weird because she’s wearing sparkly stockings, here’s the original (clearer) pic.
http://www.daylife.com/photo/03es8Up9y37zb
And…
LENNY DYKSTRA IS ONE OF THE GREAT ONES!!!
GEORGE: What was the tallest woman you ever slept with?
JERRY: I don’t know … six three.
GEORGE: Wow, … god! You see this is all I think about. Sleeping with a giant. It’s my life’s ambition.
JERRY: So I guess it’s fair to say you’ve set different goals for yourself than say, Thomas
Edison, Magellan, these types of people.
GEORGE: Magellan? You like Magellan?
JERRY: Oh, yeah,. My favourite explorer. Around the world. Come on.
GEORGE: Who do you like?
GEORGE: I like DeSoto.
JERRY: DeSoto? What did he do?
GEORGE: Discovered the Mississippi.
JERRY: Oh. like they wouldn’t have found that anyway.
@11 – is your sarcasm meter broken, if so check it and turn it to high? kthxbai
Bernanke acumen:
“All that said, given the fundamental factors in place that should support the demand for housing, we believe the effect of the troubles in the subprime sector on the broader housing market will likely be limited, and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.”
-B. Bernanke, 5/17/2007
http://federalreserve.gov/newsevents/speech/Bernanke20070517a.htm
seinfeld guy, please never quit posting. you’re pretty much the only reason to sift through the greg sucks and secretary comments
Seinfeld guy FTW
Great, this means I need to reverse my position on Bernanke courtesy of Cramer’s inerrable incorrectness.
And what’s with this “comments hidden” crap? You’re bugging out my browser.
“When business in the United States underwent a mild contraction in 1927, the Federal Reserve created more paper reserves in the hope of forestalling any possible bank reserve shortage. More disastrous however, was the Federal Reserves attempt to assist Great Britain who had been losing gold to us…The “Fed” succeed, it stopped the gold loss but nearly destroyed the economies of the world in the process. The excess credit which the Fed pumped into the economy spilled into the stock market – triggering a fantastic speculative boom…As a result the American economy collapsed.”
-Alan Greenspan, 1966
Interestedly after appointed Fed Chairman in ’87 Alan had zero to say about the Gold Standard etc. (or much else for that matter). In the end the Fed was created to bring stability but has just presided over chaos.
@10, make sure my pool is clean when I get out to Easthampton and that my irons are shined up nice for my round tomorrow or im going to treat you like David Carradine. Oh yeah, one more thing, LIGHT starch and a hangar ok. Chop chop dogboy
“When business in the United States underwent a mild contraction in 1927, the Federal Reserve created more paper reserves in the hope of forestalling any possible bank reserve shortage. More disastrous however, was the Federal Reserves attempt to assist Great Britain who had been losing gold to us…The “Fed” succeed, it stopped the gold loss but nearly destroyed the economies of the world in the process. The excess credit which the Fed pumped into the economy spilled into the stock market – triggering a fantastic speculative boom…As a result the American economy collapsed.”
-Alan Greenspan, 1966
Interestedly after appointed Fed Chairman in ’87 Alan had zero to say about the Gold Standard etc. (or much else for that matter). In the end the Fed was created to bring stability but has just presided over chaos.
Especially important is the warning to avoid conversations with the demon. We may ask what is relevant but anything beyond that is dangerous. He is a liar. The demon is a liar. He will lie to confuse us. But he will also mix lies with the truth to attack us. The attack is psychological, Damien, and powerful. So don’t listen to him. Remember that – do not listen.
that chick looks like wanting a hard black 10 inch dick-in-her right now.
that chick looks like wanting a hard black 10 inch dick-in-her right now.
That depends on the meaning of “go down”… who knows, it gives jeepers to even think of comparisons.