Alan Greenspan: We Can Always Print More Money
Former Federal Reserve Chairman, Alan Greenspan, appeared on MSNBC's Meet the Press where he made a shockingly blatant statement that is sure to make its way around the 'Net at lightning speed.
What makes this ironic, is that many free-market and Austrian economists believe Greenspan's policy of taking interest rates to historic lows at the Fed were responsible for the subprime mortgage and credit crises and the bubble in the real estate and stock markets which culminated in the 2008 market meltdown and real estate crash. In fact, Time magazine placed him 3rd on a list of 25 people to blame for the financial crisis, and this is probably so.
While Greenspan has spent much of his time since the crisis attempting to rewrite history and his participation in the worst economic downturn since the Great Depression, mainstream media appearances such as this one will not likely do much to help his efforts.
In this MSNBC interview, Greenspan was asked, "Are US Treasury bonds still safe to invest in?" You have to listen to his answer to believe it. Greenspan sits there and utters a single sentence that basically says what no dollar-debt holder wants to hear: We will devalue your debt into the ground by cranking up the printing presses.
Posted by 4irw4y on 08/11/11 04:30 PM
Missed to supply the NTV-KINo link - Click to view link and enter the opening quote. Never mind.
Posted by 4irw4y on 08/11/11 04:26 PM
Can really anyone who can simply reverse #968162 has the ability to understand a completely new type of software - a laundryware? Only in a dream, I believe, there is no terrain with no assets... especially when they are not as much intelligent/intelligence but electronical, and, in another implementation, allow acquiring alien debt just for nothing else but electrons. Just as if the both Colonies were still supplying the Crown and Her Colonels... like centuries before, and didn't go anywhere far but into the lodgical scriptures?
I wonder how CERN still manages to play its IT violin, still undamaged.
"And how good is Mother Russia at making really smart movies which lead from the front with intelligent edutainment" @ amanfromMars 08/10/11 01:45 PM -
Good GMT, amfM. It is always a question of training in techniques of visualisation. MR, or NTV-KINO exactly (-: is now pre-productioning a film "Altist Danilov" by a book of cult Soviet writer Vladimir Orlov, created in a rare genre of Magical Realism" - Click to view link
Posted by amanfromMars on 08/11/11 06:16 AM
An open supernatural mind will always be in control of/bothered by everything in the world, Dave, ergo it/everything can be that one something which bothers a thinking mind. To suggest otherwise would surely be to not imagine that the supernatural is available for use oneself, personally, and that of course is a nonsense, because it most certainly is, isn't it?
It is though not any great secret, for it has been well documented and expounded by all manner of strange and popular means and memes throughout the history of time and space, with this particular one springing immediately to mind, because of its simple dynamic brevity and popular host voice ..... Imagine and it's true ....... Click to view link
Is Artificial Intelligence, Advanced Human for Virtual Machines, or a Remote Alien Technology with SMARTer Algorithm Methodologies?
Posted by amanfromMars on 08/11/11 05:45 AM
That was a very apt metaphorical tale [the giant grey rat with its long tail] for most all current APT* situations, which are all smoke and mirrored with mis and disinformation which permits them to proceed with media spin delivering its crooked late news and dodgy views, which become ever more increasingly difficult to present viably as being the truth, for of course, the truth it is not. The present being delivered is an abomination of the truth to satisfy the programs and pogroms of the past and its status quo partners and now, in these virtual worlds of instantly communicated thoughts, their lost-in-this-new-space-place leaders. And the simplest of constant questionings of the reasons for whatever is proposed to be done, will always very quickly reveal the true truth or unmask the owners of the lies and tales being told as the virtual reality which the massed audiences are to follow ..... as mindless sheep/little expendable robots.
And whenever one realises that cabbage is a euphemism for folding currency and flash cash, is that glorious allegory of yours, 4irw4y, even more remarkably astute. Bravo. And I wonder if the Bank of England are aware of the nature of the beast in their garden or of the rat.... shady or otherwise**..... that feeds on its fare and has digested and might enjoy its core protocols?
* Advanced Persistent Threat
** Click to view link
And DB, the presentation here ..... Click to view link ..... is as good an intro as you are ever likely to get, to the new field of elite power command and control as you would report upon.
Posted by David_Robertson on 08/10/11 05:29 PM
Sorry amanfromMars but I have to disagree. If you insert is for in then the entire list that goes on ... becomes what bothers him the most and that does not make sense. Everything in the world he lives in cannot be the one thing that bothers him the most. In all of that there must be one thing that bothers him the most. That is the thing I am interested in hearing about. Thanks for trying to solve the problem. It was a valiant effort.
As to the other I might suggest that any mind that is closed to the supernatural cannot be accurately described as open and broad. It is rather like cutting off one of one's legs in order to run a marathon.
Posted by 4irw4y on 08/10/11 02:55 PM
"This is the elephant in the room..." - either entered the Room quietly on fingertips while others were sleeping, or had the WallS built around while he was sleeping, appears to be an amazingly strange animal.
An outstanding pseudo-emotional performance by Dylan Ratigan, emphasized by the onscreen banner "POLITICAL PANIC" - whether Dylan is a pro-rep or pro-dem, I smell a "bear". A mathematical Irish.
A hungry elephant broke from the city zoo at night. We know elephants as peaceful and quiet animals, so nobody noticed him escape, until an Old Lady, who woke up because of a strange noise in her garden, saw something extraordinary in her backyard and picked up the receiver.
- Good morning, Sergeant. Look sir, there's a giant grey rat in my backyard, and he's picking up cabbage with its long tail!
- And what does it do with the cabbage?
- Sir, you won't believe it!...
Posted by amanfromMars on 08/10/11 01:45 PM
Thanks for those two hyperlinks, 4irw4y. And how good is Mother Russia at making really smart movies which lead from the front with intelligent edutainment? The world is in dire straits needs of such virtual leadership, is it not? :-)
"This is the elephant in the room, which all those dozy waste-of-space politicians and civil servants are studiously ignoring [watch the video]...... Click to view link .... and which is always going to be tearing them apart until they acknowledge and do something drastic and revolutionary about it, and they had better be darned quick about it too, before the mob is instructed and educated and enlightened and turns their rabid attention upon the system administrators/the elephant in the room and its trainers and maintainers and retainers.
Ignoring it further guarantees continuing rapid collapse and the certain targeted demise of the controllers of the present system, and not necessarily of the system itself per se. ........ and that would surely have any intelligence in any intelligent service servering systems of SCADA and Command and Control making sure that controls and policies and media puppets were immediately changed to prevent a top down meltdown and catastrophic purge of failed leaderships?
The mob is a lot smarter than anyone thinks and it thinks you should be aware of its increased awareness and greater consciousness?" ..... and in quotes because it is shared elsewhere too, but is a most comfortable fit along with the Daily Bell's editorial views.
Posted by 4irw4y on 08/10/11 01:22 PM
WOW ISR CURR PM is/are Jewish people - re A.Sharon @ Pip 0810-0128. Logically, ISR PM controls America.
Suddenly (-: "Of course, when we talk about the structure of power in the US, we can not avoid the subject of the role of the Jewish lobby. I'd say that the influence of this lobby in America is exaggerated considerably. Jewish money is easy money. This money is not really vital for the States. The Jews control many spheres there connected with the entertainment industry - show business, alcohol and media market, including advertising. The things that are more important - the things that determine the fate of the American empire such as the defense complex, steel, oil, etc - those things don't belong to the Jews. The media dollar is thus less important than the petrodollar" - the chairman of the Islamic Committee of Russia, 2011-07 @ Click to view link
...perhaps, petrodollar is less important than the media one, Ariel Sharon? Oh, maybe it's anything about ORANUS Programming, Click to view link ?
Posted by debit55 on 08/10/11 06:20 AM
Posted by amanfromMars on 08/10/11 05:58 AM
Care to share who controls whom with what today. For a lot has changed in a decade and surely things are definitely not as they were before?
To imagine that anything stays the same is a certifiable madness, definitely, for time always brings change and evolution and revolutionary steps in progress. It is only natural.
Are there any arrogant little tykes in raw naked short selling seats of delusional power though, today, who would be terrorising prize neighbourhoods with their shoddy sub-prime and counterfeit goods?
Posted by amanfromMars on 08/10/11 05:42 AM
A perfect enough sense is made of the words posted by naturalextraction on 08/09/11 09:46 PM if you realise and simply substitute is, for in, after what bothers me the most. ....... "What bothers me the most is a world where mis-information runs rampant with electronic mediums at our fingertips and ....... "
Such blind research and adherence to existing flawed dogmas are a bother to all, and are indicative of a closed and narrow mind in a world with worlds in which open and broad minds easily rule as if Gods with Godlike powers. And such certainly puts the rantings of religion which would profess to know of the practice, but concern itself only with the rhetorical sale of the notion, into the right perspective.
Some would even be so bold as to suggest that such notional sales laypersons are akin to snake oil dream merchants ..... and nothing more helpful and useful than zoot-suited spivs, who are always in dodgy pictures for what they can most get out of the system for themselves, with the least returned to others.
But that would be to descend into the realms of ignorance and arrogance and is surely of interest to none but only those poor lost souls, and has no place here on the liberated Daily Bell.
Posted by David_Robertson on 08/10/11 05:13 AM
The sentence you began with "What bothers me the most..." ran on but never came to a conclusion as to what bothers you the most. What bothers you the most?
Posted by David_Robertson on 08/10/11 04:46 AM
Posted by Pip on 08/10/11 01:28 AM
How many Jews does it take to run the Federal Reserve Bank?
Mr. Editor, could you do an article on this question?
Was Ariel Sharon right about who runs America?
During an argument between the Israeli Prime Minister Ariel Sharon and Foreign Minister Shimon Peres, Peres said that Isralis' policies of continued violence might "turn the US against us".
To this Sharon retorted:
"EVERY TIME WE DO SOMETHING, YOU TELL ME AMERICANS WILL DO THIS AND WILL DO THAT. I WANT TO TELL YOU SOMETHING VERY CLEAR: DON'T WORRY ABOUT AMERICAN PRESSURE ON ISRAEL;
WE, THE JEWISH PEOPLE, CONTROL AMERICA. AND THE AMERICANS KNOW IT."
-- Israeli Prime Minister Ariel Sharon
October 3, 2001
Posted by naturalextraction on 08/09/11 09:46 PM
Amazing how these always turn into religious or faith oriented arguments. What bothers me the most in a world where mis-information runs rampant with electronic mediums at our fingertips and infinite expressions of opinions, based on soundbites, limited research or the lack of proper methodology applied to gathering information or the lack of verifying claims and the list goes on... so I decided to watch it all in context here Click to view link
but to my dismay, he still was not,(strictly my opinion,)accurate in his comments and the whole conversation of round table discussion never referenced much of anything substantial. Hot air comes to mind as is a waste of time.
Posted by dotti on 08/09/11 06:09 PM
Very interesting stuff! Thanks for such a good explanation.
Am I right in thinking then, that the covenant God made with Abraham does not extend to modern day "Jews" any more than it does to anyone else--it is a matter of who chooses to follow Jesus. All those who follow Jesus are included in that covenant with God.
Posted by dotti on 08/09/11 05:53 PM
I've been dreaming of Costa Rica ever since I first heard about it probably 20 years ago. A ceramic artist/teacher/friend married a Costa Rican National and they had a dream of building a school there. He said he would love for me to teach there. Hmmmmm. I doubt he could pay me, but if I got a flight down, he could probably put me up with some friends or family there.
Anybody got a private jet I could borrow for a few weeks? Mine's in the shop.
Never even been to Costa Rica, but wanted to move there a few years ago.
And yet...maybe still...there's a small chance.
Zen, Would you be able to find employment in Brazil. I don't think that I could--unless somebody took a liking to my art! (smile)
For the markets to rally on the promise of free money for two years just doesn't seem right to me.
Thanks for your reply. Makes me feel a little better.
Posted by Zenbillionaire on 08/09/11 05:50 PM
Maybe this one gets closer:
Click to view link
Posted by injun1 on 08/09/11 05:36 PM
Gee, and I all this time I thought it was paint! (LOL)
Posted by David_Robertson on 08/09/11 05:27 PM
First I am not a great believer in the ethnicity argument for Jewishness. The Bible is very clear that to be an Israelite or a Jew means to join oneself to the faith originally begun with the call of Abraham out of Ur of the Chaldees. In this sense the purpose of the Law of Moses which is the putative foundation of modern "Judaism" was fulfilled in Jesus Christ because He Himself said so. This was the end of the religion of Judaism as far as God is concerned. The only way to be a Jew in God's eyes is to be a follower of the Lord Jesus Christ.
Although for a time, probably up until the destruction of the temple in 70 AD, Christianity was considered by the Romans to be merely a sect of Judaism, known as the followers of the Way or the Nazarene sect, the truth is that it was the continuation of the faith originally imparted to Abraham followed by Isaac and Jacob/Israel, embraced by Moses and all the prophets of Israel up to John the Baptist who was the last of these prophets. Since John the Baptist the promised Kingdom of God has come in the Person of the Messiah King, Jesus Christ and the followers of the King are the inheritors of that faith given to Abraham, according to all the apostles and the Lord Jesus Christ Himself.
The religion that grew up around the Law given to Moses, and imparted by him to the new nation of Israel at Mount Sinai, gradually shrunk down into being the religion of just three of the original thirteen tribes and it was centred on the temple in Jerusalem. After the temple was destroyed in 70 AD the religion developed by a religious sect called the Pharisees, based upon THEIR interpretation of the Law of Moses, became the foundation of the rabbinic "Judaism" that we know today. It has no connection with the faith of Abraham, Isaac and Jacob/Israel or indeed the faith of Moses and all the prophets.
Most of the adherents to this religion left Judea after the Bar Kokhba revolt 132-136 AD and joined the other "Jews" in the diaspora all over the ancient world. These were the "Jews" who belonged to this religion of "Judaism" and since they were active proselytisers there were many other ethnic groups added to their number. The province was renamed Syro-Palestina by the Romans after the ancient enemies of the Israelites. Some Jews no doubt stayed behind in Syro-Palestina but none were permitted to enter the city of Aelia Capitolina which had been built by the Emperor Hadrian on the site of the city of Jerusalem that had been utterly destroyed by the Roman armies as Jesus had prophesied. These "Jews" would have either continued to practise the rabbinic "Judaic" religion or have converted to Christianity or eventually to Islam when the Muslims invaded in 634 AD.
There has been an effort over the past one hundred and fifty years to establish a genetic identity for the "Jewish" people but it is very difficult to do this given their very chequered genetic history. What they do have is a cultural identity that is largely self imposed and they attempt to extend this to as many as they can in order to swell their numbers, especially since they acquired some of the land of Palestine as their homeland. Schlomo Sand who wrote the article that Speedy linked to is I believe a great believer in the one nation concept for the land of Palestine i.e. the nation of Israel as one people, "Jews" Muslims and Christians. He no doubt wants to prove these Palestinian genetic links to the ancient Jews in order to promote this idea. Whether there is any truth in these contentions is in the final analysis irrelevant.
The Bible is quite clear that the true inheritance of the promises of God is through faith in the promised Seed, Jesus Christ. The people we know as the "Jews" will eventually all convert to the original faith given to Abraham and fulfilled in the Lord Jesus Christ along with the rest of humanity.