Archive for the 'Ben Bernanke' Category

Goldman Sachs to sell its toilet water to Fed for 12 billion dollars.

January 26, 2010

Joint press conference at 85 Broad Street.  Fed chairman Ben Bernanke, Goldman Sachs chairman Lloyd Blankfein, and Senator Chuck Schumer were present.

Fred the unShred: How can the fed ever get back money spent on toilet water?

Bernanke:   We believe it will give us new insights into the markets.  With our purchasing program we will make it back in no time.

Blankfein:  Once water has passed through Goldman men, it acquires unique properties to make you wealthy.

Schumer: What are you some sort of anti-Semite?

Fred:  To Dr. Bernanke, do you think you can get confirmed by the Senate after this?

Bernanke: I studied the Great Depression.

Blankfein: What he means is that the only way to get the people out of the tank is to get the water moving again.

Schumer:  Are you from upstate or something?

Fred:  Some people talk about the 85 Broad Street machine controlling government.  Doesn’t this prove it?

Bernanke:  We feel this water will give us the signal we need on when to raise rates.

Fred: Going to test it for cocaine you mean?

Blankfein: We don’t use that at Goldman. We have an effervescence that is unique and is the reason for our success.  Once water has passed through our staff it acquires the ability to transform water into gold.

Fred: But it only works for Goldman.  It only works because the Fed gives you gold for your water after you already used it.

Schumer:  You may just not be familiar with modern facilities.  You probably grew up in an outhouse type situation.

Blankfein: Once the water is turned into gold for Goldman, the benefits flow throughout the economy.

Bernanke: Goldman is a bank holding company now, so it will stimulate loans to small business.

Fred:  Goldman is going to lend out its money from toilet water sales to small business?

Blankfein:  We have a small business initiative to teach our skills to others.

Fred: Like how to milk the government?

Schumer:  You have an attitude.   You probably are one of those abortion clinic bombers.  I can tell.  I can just tell.

Fred: The Fed giving away money and abortion bombing are the same thing to you?

Schumer: We really don’t need your kind of uppityness.  I would thank you to keep it to yourself.

Fred: Talk about the kettle.

Schumer: That’s enough.  I thank Chairman Bernanke and Chairman Blankfein for the hard work they did to put this deal together.  This was not easy.  The fed staff had to work hard to analyze this.

Bernanke: They really did.  The New York Fed did a great deal analyzing all the issues.

Fred: Why didn’t you just call the city of New York?  They know how to dispose of used water.

Schumer: We called in the biggest minds.  The Princeton gurus, the Harvard boys.  These are people who can really think outside the box.

Fred: Maybe some people who do it for a living would be better.

Schumer: This news conference is over.  You need some attitude adjustment.  I’m going to call the league and get you some retraining.  You need it.

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Ben Bernanke Russia Plagiarism Files

August 25, 2009

Questions to ask Ben Bernanke in the FBI background check and by the Senate.  Has he ever heard and if so from whom anything related to the following.  See reference material after these questions.  Has Bernanke heard or know that:

  1. Russia keeps track of plagiarism or apparent plagiarism or possible plagiarism by profs in the West?
  2. Has he heard that in relation to Paul Samuelson and copying by Samuelson in his 1969 paper on dynamic programming that replicated in part work of Nils Hakansson in the Hakansson 1966 UCLA thesis?
  3. Bernanke cited the Sameulson 1969 paper in Bernanke’s thesis at MIT under the supervision of Stanley Fischer.  He also cited the Merton 1969 paper but not the Stanley Fischer 1969 thesis at MIT or the subsequent Stanley Fischer papers.  Bernanke also didn’t cite the Hakansson 1966 thesis or any paper by Hakansson.  Why?
  4. What did Bernanke know at the time of writing his thesis?
  5. Why did Fischer add a citation to the Hakansson paper in his thesis late as he says, which was deposited late in the MIT library and in his publications, but Bernanke doesn’t cite the Hakansson papers or thesis?
  6. Bernanke’s thesis work was after 1975, the year that Soviet economist Kantorovich won the Nobel Prize in economics.   Had Bernanke heard then that the Soviets pressured Paul Samuelson or Kenneth Arrow or economists at Harvard to nominate Kantorovich?
  7. Was this pressure based in part on allegations of plagiarism by Samuelson in the 1969 paper which was an NSF grant paper?
  8. Did Russia also use allegations of still existing coverups by professors in the US and US universities of Russia’s network and efforts to gain atomic know-how?
  9. Did this include refererences to the Fock Letter published in Physical Review in 1947?
  10. Did this include issues relating to Klaus Fuchs?  To J. Robert Oppenheimer?  To Hans Bethe concealing information about Fuchs, Max Born, etc?
  11. To the Max Born assistants who went to China and became involved in its atomic bomb program after Fuchs was arrested in 1950?
  12. To Infeld another Max Born assistant who went to the Soviet zone after the Fuchs arrest?
  13. Did LTCM trade Russian government bonds in August 1998 or earlier based on a belief that Russia was pressuring Larry Summers and Stanley Fischer based on this for low interest IMF loans?
  14. DE Shaw has been said to have traded Russian government bonds, whether accurately or not.  DE Shaw hired Summers and it is reported paid him 5 million dollars.  This was after the US v. Harvard, Shleifer investigation.  What does he know of this?  Did DE Shaw have information about any of this when it was trading Russian government bonds, if it was? After that?
  15. Did DE Shaw know about this by the time Summers was hired by Obama?  Did DE Shaw provide information on this to the FBI in a background check on Summers to be hired by Obama?
  16. Who else traded Russian government bonds based on this information?
  17. Was the private bailout of LTCM arranged by the government or the Federal Reserve Bank in NY or by Goldman Sachs or others because they knew of this and wanted to keep it out of any trial involving an LTCM bankruptcy?
  18. Was this leverage over LTCM to get them to agree to the terms of the bailout group?  Was John Merriwether questioned on this at any time?  Anyone else from LTCM?
  19. Did econ profs at the DOJ Antitrust Division Economic Analsysis Group know this?  Did Carl Shapiro know it?  Was he rehired at DOJ because of a coverup going on at DOJ?
  20. Was information relating to the above concealed from Assistant US Attorney Sara Bloom from 1997 to 2005 during US v. Harvard, Shleifer and Hay?
  21. Did Shleifer know of any of the above?  Did Shleifer use that as leverage to get Harvard to stand by him?
  22. What about associates of Shleifer at companies he was involved in or at University of Chicago or Harvard?
  23. Did Hay get a Ph.D. in math from Moscow State University while US v. Harvard, Shleifer and Hay was pending so that if he lost his law license he could get an academic job in Europe as a math prof?  Was this to keep him from doing a deal with USAO Mass?
  24. Did DOJ HQ know about this under Clinton, Bush and Obama?
  25. Is Eric Holder part of a conspiracy to cover this up?
  26. Did Obama know about this from Cass Sunstein at University of Chicago while his wife was paid over 300k per year?  Steve Sailer reports that job was abolished after she left it.  Was this money for silence?
  27. Did Elena Kagan know of this?  From the Clinton time? Did she conceal it from USAO mass while she was Dean of Harvard Law School?
  28. Are others at DOJ involved?  Other econ profs in the US government?  Under Clinton, Bush and Obama?
  29. Did Summers get Paula Jones audited in September 1997 while concealing info from USAO Mass and paying hush money to Russia because Clinton knew it and used that as leverage?  Summers was in charge of the IRS reorganization and the IRS was without a Commissioner from spring 1997 to Novemember 1997, effectively leaving Summers in charge.  Did Clinton arrange it that way so he could use this information to pressure Summers to audit Jones?  Was Clinton’s motive to intimidate Monica Lewinsky?  Clinton didn’t commit perjury until Jan 1998.  Once he did so he would be under the power of Lewinsky to destroy him, as was shown. Did he audit Jones to frighten Lewinsky as part of their perjury pact?  Did Clinton permit Russia to continue to pressure an addition 4.8 billion from Summers and Fischer in 1998 after this and during the impeachment process?  Did Russia figure that out and use it?
  30. Did other countries know of this history and use it as leverage against Clinton, Bush or Obama?  Those countries include Pakistan, Saudi Arabia, India, Mexico, Russia, and China?
  31. Of all the econ profs and law profs under Clinton, Bush and Obama have any revealed any information about any of this?
  32. Did John Yoo know it?  Did he learn it from Berkeley?  Did Paul Wolfowitz learn of it from his father Jacob Wolfowitz as to incidents before his father’s death?  Did they tell Bush?  Did Bush use it during Bush v. Gore?  Gore was linked to Summers and Russia in a troika by House Republican leaders.
  33. Some of them were hired by Bush at SEC and CIA. Did they know of this?  Did they conceal it?
  34. Did Albert Gonzales as AG?
  35. Did Yoo and Wolofowitz owe their independence to their role in this?
  36. Did Libby use this to help get the Marc Rich pardon from Clinton?
  37. Is Obama using this history to espace having to reveal his documents related to his hospital issued birth certificate?  His other concealed documents?
  38. Is this being used as leverage to get health care passed?
  39. For the hate crimes bill?
  40. Was Eric Holder’s Nation of Cowards speech meant to intimidate those in the know, in and out of DOJ, and in and out of government from speaking up with a new administration?
  41. Were the US Attorney firings meant to intimidate DOJ HQ employees or others such as Assistant US Attorney Sara Bloom from reopening the US v. Harvard, Shleifer and Hay case?
  42. Was the bailout of 2008 meant to also keep quiet those on Wall Street who know of this?  Including at Goldman Sachs?

Reference material on the above questions

(taken from prior post)

Paul Samuelson plagiarism “public good”

http://press.princeton.edu/chapters/i1_7521.html

Edmund Phelps, Insider-Economists’ Insider

Introduction by PAUL A. SAMUELSON

Thus, my much-cited 1969 paper on optimal intertemporal portfolio programming opportunistically used the Bellman-Beckman-Phelps recursive techniques to analyze what defines the best qualitative asset-portfolio mix of the Phelps 1962 aggregate saving. It was not plagiarism but it was horning in on a created public good there for the taking.

No it wasn’t.  It was Nils Hakansson’s Ph.D. thesis at UCLA.  It was not a public good for horning in.  Paul Samuelson got an NSF grant for his horning in.

http://www.hakansson.com/

http://www.hakansson.com/nils/Dissertation.pdf

MIT had the thesis by 1966 because a professor there, Karl Shell, chaired the session at which Hakansson presented it.  It was one of the top theses of all time in economics and caused a sensation in the profession.  It was not a public good at all.  Public good has an ironic meaning when Samuelson get an NSF grant for his 1969 “horning in”.

http://blogs.wsj.com/economics/2009/04/09/prof-summers-a-lesson-from-prof-bernanke/

By David Wessel

Asked about the economics of implementing a cap-and-trade approach to climate change at an Economic Club of Washington event today, White House economic adviser Larry Summers deliberately sought to avoid saying anything newsworthy. Instead, he cited a Massachusetts Institute of Technology Ph.D. thesis written in 1979 by a then-young economist named Ben Bernanke, now, of course, chairman of the Federal Reserve.

http://news-libraries.mit.edu/blog/bernanke-thesis-available/156/

Bernanke cites the Samuelson 1969 paper in his thesis.

http://dspace.mit.edu/bitstream/handle/1721.1/29839/05915220.pdf;jsessionid=F6535BEB64E73E0150C398D6A48A8B55?sequence=1

Page 149 of thesis cites Samuelson but in the citations, Hakansson does not appear.

Stanley Fischer in his 1989 textbook credits Samuelson 1969 and mentions Hakansson not at all.

Nils Hakansson was not even made a Fellow of the Econometric Society.  So many at MIT in 1969 were made Fellows even though they did nothing of comparable worth.

https://oldatlanticlighthouse.wordpress.com/russias-plagiarism-files/

Hypothesis:

Summers is still continuing the bullying.  But now he is trying to intimidate those who know from coming forward.  Summers is also bullying Assistant US Attorney Sara Miron Bloom not to investigate what is now on the Internet.  Summers is doing this with Obama’s knowledge very likely.  This includes bullying and intimidating the staff of DOJHQ, Federal Reserve, US Treasury, FBI, etc.  They are all being bullied by Summers and Obama and Nation of Cowards Attorney General Eric Holder.

http://ptonline.aip.org/journals/doc/PHTOAD-ft/vol_61/iss_9/47_1.shtml

Thomas C. Reed September 2008, page 47

One important “pupil” who paid Fuchs an early visit was Qian Sanqiang. In 1959 Qian was the designated mastermind of Mao’s A-bomb program. In July of that year, Qian made his way to East Germany, where he met with Fuchs at length. (H. Terry Hawkins, now a senior fellow at Los Alamos, told Stillman in 2006, “I read this report in an unclassified publication, that this meeting took place shortly after Fuchs returned to East Germany. Fuchs gave Qian information that greatly assisted the Chinese program.” Also see http://www.oldatlanticlighthouse.wordpress.com/category/klaus-fuchs.) During those long summer days of 1959, Fuchs gave Qian a full tutorial on the design and operation of Fat Man. In all likelihood, he also added his thoughts on the role of radiation pressure in thermonuclear weapons.

Holder, Obama and Summers know AIP has linked to this blog on this.  They know they are facing investigation for this.  They are using bullying to keep the DOJ staff and FBI staff from investigating this.

Joel Brenner talk mentions Russia’s intense effort towards end.

http://www.c-span.org/Watch/Media/2007/03/29/HP/A/6196/ABA+Speech+on+Counterintelligence+Threats.aspx

http://www.reuters.com/article/latestCrisis/idUSN29426639

“But he said Moscow appears less interested in U.S. commercial and military technology than other countries”

http://www.npr.org/templates/story/story.php?storyId=10785968

http://nationalstrategy.com/Programs/NationalStrategyForumReview/SpringSummer2009NSFROnlineJournal/FeatureEssayEconomicandIndustrialEspionage/tabid/189/Default.aspx

http://www.ncix.gov/publications/speeches/ABAspeech.pdf

The above is all speculation and hypotheses.  This is draft and preliminary.  All other disclaimers apply.  Comments and corrections welcomed.

Bernanke: thralls don’t get retirement

February 24, 2009

Ben Bernanke testimony to Chris Dodd Committee to give your place to an immigrant.

http://banking.senate.gov/public/

http://johanns.senate.gov/

Johanns asked, no retirement for thralls?  Is that what you said?

Bernanke: Yes.

Chairman Ben S. Bernanke

Semiannual Monetary Policy Report to the Congress

Before the Committee on Banking, Housing and Urban Affairs, U.S. Senate, Washington, D.C.

http://www.federalreserve.gov/newsevents/testimony/bernanke20090224a.htm

How his testimony might have gone:

https://oldatlanticlighthouse.wordpress.com/2007/06/30/population-genetics-island-model-one-way-migration/

http://www.pubmedcentral.nih.gov/picrender.fcgi?artid=1213928&blobtype=pdf

We investigated various cases of the island model with stochastic migration. If the population is infinite, the immigrants have a fixed gene frequency and the alleles are neutral, the gene frequency on the island converges to that of the immigrants.

That’s the plan Senators.  Its your plan.  Genocide the American people.  Laugh at them when they re-elect you.  You did it, you enjoyed it, now they suffer.  This is the fun part for you.

Thralls need to understand, if you lose your country, you are a slave.  That’s how it works.

Americans didn’t pay attention while they lost their country and so they are slaves now.  Slaves don’t get retirement.  So Americans don’t get retirement.

When their country was being given away, their know-how given away, their manufacturing given away, the control of the institutions of their society given away, they chose to not pay attention or act. they lose their country.  They are slaves.   Slaves don’t get retirement.

American people didn’t keep their country or know how or manufacturing.  They were indifferent to reality. They deserve their fate because they didn’t pay attention or act. They get nothing. They are thralls and are going out of genetic existence.  they are a race going extinct, and that means no retirement and no pension.

Senator Mike Johanns:  Did you say thralls are out on retirement?
Bernanke:  Yes. Men’s median wages same as 1973.  Thralls were counting on house inflation and stock inflation bubble.  Those won’t work to fund retirement.

Princeton only educates Ph.D. students from China and India and Muslims, not whites.  So Americans are being driven to extinction.  that is the plan.  and they don’t get any retirement.  that is part of the plan to force them into extinction.

Part of the way their genes converge to those of the immigrants is that they don’t get a retirement.  That’s part of genociding them.

They don’t get retirement, they get extinction.  That’s the Senate’s plan.  Its a Senate of rich men. They take more money from Wall st.  the public is either stupid or indifferent or cowardly.  In any case, the reward for those traits is extinction.

America is a country engineered by the elites for what is better for the elites.  We then tell our victims, everyone else, they are bigots if they complain.

Our plan is genocide of the rest.  Its a math theorem that this is what we are doing by immigration.  We are now living that out.
==

http://www.census.gov/prod/2008pubs/p60-235.pdf

Men’s median wages are the same as 1973, see p60-235.pdf graph page 19 at census.gov.  This is from the 1990 immigration act that increased immigration to over 1 million per year.  Women’s median wages are what men’s were in 1960, see same graph.

Bernanke said: no retirement for thralls.  Your house? No retirement there.  Your pension? Only if you are a gov employee.  That leaves being a Wall Streeter, Lobbyist or partner at a big law firm.  That’s not you?  Then there is no retirement for you.

The guy who lost all with Madoff and is now working again. That is you.  You let them take your country with low wage immigration.  You are a thrall.  Thralls don’t get retirement.  Didn’t you know?

==

Testimony before the Chris Dodd Committee.  Dodd was co-sponsor of the 1990 immigration act.  Others include Kennedy, Hatch and Bentsen.

https://oldatlanticlighthouse.wordpress.com/2009/02/23/senate-eulogy-for-teddy-kennedy/

==

Famous photo of Senators laughing.

http://images.google.com/images?client=firefox-a&rls=org.mozilla:en-US:official&channel=s&hl=en&q=The%20Most%20Exclusive%20Club%3A%20A%20History%20of%20the%20Modern%20United%20States%20Senate%20%20Lewis%20L.%20Gould&um=1&ie=UTF-8&sa=N&tab=wi

Kennedy, Dole, Dodd, Hatch, and Lloyd Bentsen all big immigrationists.  All voted for 1990 increase (?).

http://profiles.numbersusa.com/improfile.php3?DistSend=TX&VIPID=762

It was the Bush 1990 increase that pushed legal immigration to over 1 million per year. That was intended to finish us off.

http://profiles.numbersusa.com/improfile.php3?DistSend=UT&VIPID=811

Hatch voted for it.

This is the cause of our debt and fraud crisis today.  Its a fraud crisis caused by 3rd world immigration.

http://thomas.loc.gov/cgi-bin/bdquery/z?d101:SN00358:@@@P

COSPONSORS(4), ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

http://thomas.loc.gov/cgi-bin/bdquery/z?d101:SN00358:%3C/A

Sponsor: Sen Kennedy, Edward M. [MA] (introduced 2/7/1989)      Cosponsors (4)
Related Bills: H.RES.531H.RES.538H.R.1630H.R.4300H.R.4506
Latest Major Action: 11/29/1990 Became Public Law No: 101-649.

==



NEW SEARCH | HOME | HELP |


S.358
Title: A bill to amend the Immigration and Nationality Act to change the level, and preference system for admission, of immigrants to the United States, and to provide for administrative naturalization, and for other purposes.
Sponsor: Sen Kennedy, Edward M. [MA] (introduced 2/7/1989)      Cosponsors (4)
Related Bills: H.RES.531H.RES.538H.R.1630H.R.4300H.R.4506
Latest Major Action: 11/29/1990 Became Public Law No: 101-649.


MAJOR ACTIONS:

2/7/1989 Introduced in Senate
6/19/1989 Committee on Judiciary. Reported to Senate by Senator Biden with an amendment in the nature of a substitute. With written report No. 101-55. Additional and minority views filed.
7/13/1989 Passed/agreed to in Senate: Passed Senate with an amendment by Yea-Nay Vote. 81-17. Record Vote No: 117.
10/3/1990 Committee on Judiciary discharged.
10/3/1990 Passed/agreed to in House: On passage Passed without objection.
10/23/1990 Resolving differences — Senate actions: Senate disagreed to the House amendments by Voice Vote.
10/26/1990 Conference report H. Rept. 101-955 filed.
10/26/1990 Conference report agreed to in Senate: Senate agreed to conference report by Yea-Nay Vote. 89-8. Record Vote No: 323.
10/27/1990 Conference report agreed to in House: On agreeing to the conference report Agreed to by the Yeas and Nays: 264 – 118 (Roll no. 530).
10/27/1990 Cleared for White House.
11/26/1990 Presented to President.
11/29/1990 Signed by President.
11/29/1990 Became Public Law No: 101-649.

http://thomas.loc.gov/cgi-bin/bdquery/z?d101:SN00358:@@@R

Senate voted 89 to 8 to doom whites to being a minority.  There is no question of their betrayal.  This shows hate.  They haven’t tried to reverse it either, but to increase it, legal and illegal.   Even with California bankrupt, and the credit crisis and millions losing their jobs, they make no effort to stop the over a million a year legal immigration of this bill.

==

Newt Gingrich didn’t vote:

http://clerk.house.gov/evs/1990/roll530.xml

==

http://profiles.numbersusa.com/improfile.php3?DistSend=MA&VIPID=358

Voted for huge increase in 1990 Sen. Kennedy helped pass in 1990 that increased the numbers in all categories of immigration. America’s immigration tradition had been around 250,000 immigrants a year until the 1980s when numbers rose dramatically to more than 500,000 a year. After Sen. Kennedy voted in 1990 in favor of raising limits, immigration has now snowballed to around 1,000,000 (one million) a year, contributing the majority of U.S. population and labor growth, congestion and sprawl.

==

Barack Hussein Obama II testifies to Joint Session of Congress on the genocide plan update.   No matter what good we do, the bad increases more to cause the genocide.  That’s the plan. That’s the Senate and Wall Street elite genocide plan.  If you don’t believe it, ask the MSM.  On 9/11, they called you bigots and said more Muslim immigration.

America is a nation of cowards, Eric Holder said it.  You are afraid of the word bigot.  We can take your country and leave you no retirement, no health insurance, no job and no house.  How do you like that cowards?   The stupid, indifferent and cowards get the same reward.  They lose all and are thralls.  Welcome to your thralldom.

http://grades.betterimmigration.com/

http://grades.betterimmigration.com/delegation.php3?District=CT

http://grades.betterimmigration.com/testgrades.php3?District=CT&VIPID=148

Chris Dodd

Career Recent
Sen. Dodd has earned an overall career immigration voting grade of D-
View History
Sen. Dodd has earned a recent immigration voting grade of F-
2006 – 2009
Grades Updated: February 23, 2009

Comment posted at WaPo

http://grades.betterimmigration.com/

Men’s median wages same as 1973:

http://www.census.gov/prod/2008pubs/p60-235.pdf

http://www.pubmedcentral.nih.gov/picrender.fcgi?artid=1213928&blobtype=pdf

“We investigated various cases of the island model with stochastic migration. If the population is infinite, the immigrants have a fixed gene frequency and the alleles are neutral, the gene frequency on the island converges to that of the immigrants.”

Bernanke said you get no retirement.  Your wages, health insurance, retirement, schools, crime, and future are converging to those of the immigrants.  Like it?  Senators do.

Search Senate most exclusive club to see senators laughing at you for voting for them after they did this to you.  They get paid by Wall Street.  You don’t.  Bernanke will be made rich by Wall St when he retires.  Like Greenspan.

http://www.washingtonpost.com/wp-dyn/content/article/2009/02/24/AR2009022401832.html

Obama to Lay Out Plan for Economy in Speech
By William Branigin

Washington Post Staff Writer
Tuesday, February 24, 2009; 3:01 PM


Bernanke US a Banana Republic Spoof

January 22, 2008

Ben Bernanke today said the US was becoming a Banana Republic. He said Bill Clinton’s payoff from Dubai showed that US leaders take bribes for 3rd world immigration that pushes down wages in the US and world wide. The US has created a 3rd world population bubble to take down wages everywhere.

Bernanke said the Congress and President were corrupt and selling out to special interests by 3rd world immigration. He said the best technical education goes to people from India and China and not to Americans. Bernanke said teaching those from India and China in our Ph.D. programs instead of Americans was creating a know-how deficit, we were giving our know-how away.

The know-how deficit then leads to the manufacturing deficit, they build products with out know-how and their wages and the result is our manufacturing disappears. The result is we lose our good jobs and our low end jobs. Bernanke noted that men’s median wages were the same as in 1973 and women’s median was the male median in 1960 which illustrates the point.

Payoffs from Wall Street show it as well. But these payoffs help the current CEO but hurt the company later. The result is the companies fall apart as their know-how ends up India and China. We need to close our borders to the know-how deficit, teach our kids in our Ph.D. programs, and protect our industries to re-industrialize America.

During WWII, the Morgenthau Plan proposed to deinustrialize Germany. Bernanke said we implemented the Morgenthau Plan, but on America. Bernanke said what we would impose as victors we have imposed on ourselves.

In 1944, Morgenthau proposed the Morgenthau Plan for postwar Germany, calling for Germany to be dismembered, partitioned into separate independent states, stripped of all heavy industry and forced to return to an agrarian economy. The Morgenthau plan is by some thought to have been devised by Morganthau’s deputy, Harry Dexter White.

http://en.wikipedia.org/wiki/Henry_Morgenthau,_Jr.#Morgenthau_Plan

Bernanke said the Congress and President and ultimately the public had chosen 3rd world immigration and had to face the consequences. Bernanke said the Fed’s job was to deliver consequences when the Congress and President sell out the present and the future.

Bernanke said the Fed’s job was to keep the dollar sound even while Congress and the President turned us into a 3rd world country with low living standards. We are importing poison from China in physical form and a trade deficit. Cheap goods are used to avoid reality. But that is passing.

Bernanke said the Fed would raise interest rates to defend the dollar and to send a message of consequences home to the voters this year. The message is that Congress and the President have betrayed them with third world immigration and its consequences of failing schools, falling wages, know-how transfer and the loss of America’s identity.

Bernanke said America was importing the lowest morals on earth and it already showed in the Clinton Dubai payoff. Bernanke said no more easy money to the crooks in Wall Street or Congress or the K Street Lobbying Corridor. Bernanke said the people have to know that by allowing 3rd world migration they have damned themselves. They have condemned themselves to a 3rd world life. Better to learn it during the election than later.

The above is spoof. Actually Bernanke gave Wall Street and Congress what they want in an election year, easy money to cover up their scams on the public. The CEO Presidential axis of stealing continues funded by the Fed. Bernanke is paying Wall Street bonuses and those pay the contributions to Congress and the presidential candidates. The magic circle of money that keeps America falling.

Bernanke America Becoming 3rd world spoof

January 18, 2008

What Bernanke might have said to Congress.

Monetary policy can’t keep America a first world country while Congress turns it into a 3rd world country by immigration.  Put simply, money can’t buy you IQ.  3rd World Immigrants have 85 to 90 IQ.  They are lowering us to the level of the 3rd world.

The Fed can’t stop this.  What we can do is keep a stable currency as we become a 3rd world country.  But that means imposing strict discipline.

Banks that lend to 3rd worlders in the US and lose money here must go under.  People need to realize they can lose their good job and their home. That is the New America Order that Congress has created.

The America that we were born into has been and is being legislated out of existence.  Congress has to dismantle social services that 3rd world nations can’t afford.  This includes welfare of all forms.  We also can’t expect to have functioning schools.

The Fed can only manage a stable currency as we decline.  It can also keep banks from running phony balance sheets.  But the decline is programmed in.  Congress should stop immigration now.   We might still have a chance, but only if we act.

Congress should seek out testimony by Dr. James Watson, Jared Taylor, Lawrence Auster, Peter Brimelow, Steve Sailer, Steven Camarota, and others willing to say the truth about immigration.  You need to hear more Shockley and less of what you have been hearing.  You should also listen to Virgil Goode.

The Fed’s job today is to manage the money supply so that the dollar exchange rate is stable as America drops from what it was.  Part of our job is to be harsh on banks that lose money and don’t have the capital.  They have to close if necessary but also not pay dividends or huge compensation to their CEO.

The longer it is before reality is said to Congress, the worse the situation we will be in. We need more reality and less feel good sentimentality about race and 3rd worlders.  We need truth.

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