Wednesday, January 23, 2008

Bush's bathroom attendant at the head of the Fed

Bathroom attendant Ben Bernanke as an economic scholar is known for his forcefulness in his ideas, but you won't find anything but a limp wrist of his at the Fed. He follows his master mini mouse Bush's orders. Till panic took hold of the stock exchanges around the world, he saw only strength in the market place and no need to take vigorous action. All that's changed...panic forced him to lower the prime lending bank by 75 basic point, and rumour has it it is going to compel him to another cut when the gouvenors of the Fed meet next week. The trick world, calming Asian markets but not European bourses, and worked on the NYSE today [23 January 2008]. Yet the volitility has played itself out...the public is fed spin pablum by the banks and the US government who are 6's & 7's as what to do...if they follow Herr Bush's advice, they'd rescue the rich and famous, the crony capitalists and vermin coupon clippers who have no idea as to how the turmoil is affecting yes the tax or ratepayer who is going to have to bail these greedy bastards out of the hole they've dug. It is a question of political will to change, but the will is not there...it's a 'save who can' and let the little people drown in the mire.
Who needs such sychophants? Certainly the American people deserve better. Well it's about time the American tax or ratepayer go boiling mad...and rose up and kicked these bloodsuckers out of office. And what's more looked to send Bush & his slimy, rotting fish to prison where they deservedly belong.

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