Oh boy... Good posts, Karl. I couldn't get through the Gibbs' video though - too much of the same old nonsense. Since he's just a mouthpiece for the White House, I suppose he could get away with saying stupid **** like that threatening comment he made.

I don't know, this doesn't look good at all. I just don't understand why the White House has to suddenly resort to strongarm tactics just for a stupid nomination. Something ain't right.

Karl, you would of banned yourself for this ticker last yr

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Hard to tell who is who and what is what anymore these days.

No, it's not.

I cannot fathom why you people are having trouble with concepts.

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Grand-larceny committed by a terrorist still makes him a terrorist.

*sigh* ...The problem here is that Karl has chosen to entitle one of his tickers with the latest fashionable hyphenated concept negation

http://tickerforum.org/cgi-ticker/akcs-w....

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"State Capitalism" is not capitalism.

"State-capitalism" is another example of a hyphenated concept negation in which the addition of a hyphenated term ("state-") completely negates the entire concept of the original term (capitalism). "Libertarian-socialism" is another example. I.e., it's a self-contained oxymoron.

The people who create these terms do so for the purpose of obfuscation and language destruction.

Similarly, "financial-terrorism" is not "terrorism" in the primary definition sense to which we have become accustomed to in the wake of 9/11 (i.e., indiscriminate mass-murder).

A perfectly good word already exists, extortion, and it should be used -- especially as "clean language" does not permit moonbats to obfuscate by comparing Wall Street welfare-queens to mass-murderers in order to besmirch capitalism again (their persistent, overriding agenda).

Bull Bear.

I wrote similar Tickers last year. Hell, I even referenced one of them.

The appropriate statement from Gibbs would have been "Excuse me? This is freaking United States of America... the stability of our financial system is in NO WAY dependent upon one man"

K, I decided. Thanks for the invitation, and here's my response: you're a paranoid nutjob--not because I'm pro-Fed or -Bernanke or any of the rest of it. Just because you make stories out of the stuff you "see", while pretending to sophistication. Good luck, Kurtz. Kindly get on twitter so's I can steer people well clear of you.

("Thanks for the invitation"? Hrrmmm??)

Would the FED drain that last $ 35 billion sloshing around from the system ?

At least Press spokesmouth Dana Perino was hot! Gibbs is just a sweaty nerdy looking goof. I cannot stand the site of him.

Mru wrote..

... Thanks for the invitation, and here's my response: you're a paranoid nutjob--not because I'm pro-Fed or -Bernanke or any of the rest of it....

My, my, my... if ever there were a compass to indicate one was on the correct path would be someone who is <very likely> in support of the Fed and Bernanke, calling you a, "paranoid nutjob".

I suppose, "..or any of the rest of it." contributes to turning a blind eye to all your math, graphs, and well reasoned analyses contained in hundreds of other Tic's.

Me thinks that was a drive by.

Financial Terrorism is right!

One of the things about the Gibbs video that really*****ed me off was this jerkoff talking about how the Obama administration "inherited" this mess of an economy; but yet, they are endorsing (threatening we must keep) the ******* who was one of the biggest causes of this mess and has also dug an even bigger hole for us; namely Ben ****ing Bernanke.

What a disingenuous crock of ****.

Bezz said

"A perfectly good word already exists, extortion, and it should be used -- especially as "clean language" does not permit moonbats to obfuscate by comparing Wall Street welfare-queens to mass-murderers in order to besmirch capitalism again (their persistent, overriding agenda)."


http://www.merriam-webster.com/dictionar....

Main Entry: ter·ror·ism
Pronunciation: ˈter-ər-ˌi-zəm
Function: noun
Date: 1795

: the systematic use of terror especially as a means of coercion

http://www.merriam-webster.com/dictionar....

Main Entry: ter·ror
Pronunciation: ˈter-ər, ˈte-rər
Function: noun
Etymology: Middle English, from Anglo-French terrour, from Latin terror, from terrēre to frighten; akin to Greek trein to be afraid, flee, tremein to tremble — more at tremble
Date: 14th century

1 : a state of intense fear
2 a : one that inspires fear : scourge b : a frightening aspect <the terrors of invasion> c : a cause of anxiety : worry d : an appalling person or thing; especially : brat
3 : reign of terror
4 : violent or destructive acts (as bombing) committed by groups in order to intimidate a population or government into granting their demands <insurrection and revolutionary terror>

In the world the rest of us live in including the most widely used dictionary the picture is a little different.

I would say KD's word choices were spot on.

Gotta come out of your cave some day Bezz. The real world can be a ****ed up place.

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Your analogy is pure bull****, and frankly just insulting.

Bezzle this is the last comment Im gonna have on this issue. Terrorism is the use of fear to acheive an agenda. This is being done.

Here is the fact Bezzle, because of this mess we have nearly a 17% unemployment rate. If it wasnt for the government throwing all sorts of money to unemployment, food stamps, and medical right now we would have a lot of starving people. This is over a two year period so how many years you think one can go without food or proper medical attention if they are sick?

During the Great Depression 12 million Americans died of starvation. This is when the society was even more self reliant than we are now. Im sure the numbers now without the government welfare would dwarf it. If that's not ****ing terrorism then Im not sure what is.

@bezzle - as someone with first-hand experience as to what it is like to be on the business end of Islamic terrorism, I have absolutely no problem with the description of what Bernanke & Co. are doing as 'terrorism'. Following everything to its logical conclusion, the latter is likely to result in far more mayhem, death and destruction than the former.

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I cannot fathom why you people are having trouble with concepts.

That's because the generations born after the boomers were raised on relativism, not absolute principles. Most wouldn't understand a first principle under any circumstance.

http://en.wikipedia.org/wiki/First_princ....

Tesla...........Precisely

Well, the fix is in, indeed. On NPR this morning, Cokie Roberts, in an obviously scripted interview, discussed the Bernanke confirmation and said that if he isn't nominated the markets will crash. She said the markets dropped on Friday "when there were hints that Bernanke might not be confirmed." Then she said something to the effect that people are so angry at Wallstreet now, they don't care if it crashes. Sorry, I don't have a link.

Cokie comes from a very well-established political family from New Orleans.

Now Geithner is making some last minute threats..

http://www.huffingtonpost.com/2010/01/25....

If he's going to be confirmed anyway, then why not extract from him an agreement to make the Fed's books open to audits? I don't see how anyone could be opposed to that agreement unless they are part of the problem.....that's what I told my senators a few minutes ago.

Don't tell my why you voted unconditionally for Mr. Bernanke. I don't have that much room on the ballot to explain why I am not voting anymore for you. If you have to vote for his re-confirmation, then force him to open the books for inspection as part of the vote agreement.

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Terrorism is the use of fear to acheive (sic) an agenda.

Extortion- the felonious act of extorting money (as by threats of violence)
Terrorism- the calculated use of violence (or the threat of violence) against civilians in order to attain goals that are political or religious

Bezzle has it right here. Extortion is the proper word. Unless you think this is only about politics and not at all about money.

Word meanings matter.

does it take a whole new ticker to explain how the fed takes liquidity from the market or is it simple?

I agree with Karl in his descriptions.Great ticker.

Theft is violence

If somebody steals my tv or cleans out my bank account I don't die or end up in the hospital. Theft is lack of consent, not violence.