Ben Bernake lets off another loud fart on inflation

You'd think that we'd give another loud yawn when US Fed chief and Herr Bush's bathroom attendant speaks. Well, we don't. With American markets in shambles, here he goes again about inflation. What obsesses him and his ilk so much about inflation which with this or that so far is of secondary importance? It's a mantra which he and mainstream economists chant every morning, noon, and night, and think that saying so will keep inflation down and the US economy going along with God's speed. Wrong. A weak dollar is doing Herr Bush in. Now, we're seeing the full frontal results of his socialism for the rich, free enterprise for the poor coming home with a vengeance. Bathroom attendant Bernanke simply follows his betters, if he says it is so, then it is so reality be damned! Well, what about a very weak dollar? Rising oil prices? Rising food prices? Rising unemployment? Financial markets paralyzed by the subprime Ponzi scheme krash? Very weak growth in US GDP? The laundry list can go on and on and on but you get the point. Herr Bush & co.'s policies have hit black ice and are spinning out of control, and such luminaries like anal hair stylist Henry Hank Paulson at Treasury and bathroom attendant Bernanke are running around like chickens with their heads cut off. Yes, the sky is falling and they are incapable of doing anything right. And among Herr Bush's shock troops in the houses of Congress, they will not go for a windfall profit tax on big oil whose arrogant CEO's mocked senators who challenged big salaries, bonuses of theirs and their politics of bilking the American people! No siree...And if Bernanke and Paulson flap their lips with insouciance how are they going to deal with the not so far off of the 4 largest investment bank Lehman Brothers who is in deep shit of subprime fecal matter? JPMorgan Chase ain't around to pick up the pieces this time since they're chocking on the bloody meat that Bear Stearns brought. Don't say 18Brumaire has warned you...the D word is being whispered more and more loudly this days in the corridors of the financial world...yes, depression and a bad one at that. And so Bernanke's smelly farts can not mask that danger at all, at all.