Posted on 02/23/2011 12:50:39 PM PST by mojito
The Fed mutiny has arrived:
(Excerpt) Read more at zerohedge.com ...
The government’s objective over the past 3 years (Bush included) is to prevent elitists who went to Harvard from ever having to take responsibility for their own poor decision-making. Not to reward those who do the most efficient job of creating goods and services that people desire.
http://www.kansascityfed.org/publicat/speeches/hoenig-DC-Women-Housing-Finance-2-23-11.pdf
I would like for there to be a 20 year moratorium against Harvard and Yale graduates in and around Washington D.C.
Ya know - you are permitted to excerpt more than five words from Zerohedge....
Just sayin’....
The list, ping
Let me know if you would like to be on or off the ping list
When will the patriots rise up and demand the ouster of the most incompetent administration in U.S. history? Even Jimmy Carter was better than O’Bumbler because at least Carter appeared to be interested in what was going wrong. This clown just wants to hear himself talk at his pitiful photo ops which don’t convince anyone that he knows or cares about fixing this failing economy.
That is the damn truth, that damn Henry Paulson would be pushing a grocery cart if TARP had not passed bailing his ass out.
At least Jimmuh carter was not ACTIVELY TRYING TO DESTROY the USA, like this muslim kenyan
I admire your even-handedness and compassion at wanting to ban them for only 20 years. I recently moved to New England for work, and I can't believe the arrogance of the area, coupled with a total lack of ethical principles and an absence of true intellectual depth. People here are masters at appearing smart. They are certainly no smarter than midwesterners, and certainly a lot more deficient in simple logic and common sense.
No, the purpose was to loot the treasury while earning political brownie points. The money is gone and nothing matters now. Someone else can clean the mess, but they will never recover the money.
Bush should be excluded because he made an effort but was thwarted.
America places far too high a value on all life
I’ve said it before and will say it again.
The problem lies in going off the gold standard (or SOME KIND of standard).
The reason being that capitalism demands an honest flow of capital. In a well functioning capitalist system, GOOD MONEY finds GOOD INVESTMENTS.
GOOD MONEY is more important than to waste it on BAD INVESTMENTS.
But by abandoning this type of standard and going hells bells towards fiat 24 hour running the printing presses bonds treasuries deeds notes yada yada yada yada what do we have to show for it except literally TRILLIONS of dollars??? worth of speculative investing based on interest rates and massive debt, debt so massive it can NEVER be repaid.
Not only that, but they are Yankees
” Bush should be excluded because he made an effort “
http://www.breitbart.com/article.php?id=081216215816.8g97981o&show_article=1
Bush says sacrificed free-market principles to save economy
Dec 16 04:58 PM US/Eastern
<<<<<<<<<<<
Pretty half-hearted effort, then....
Except for innocent unborn life of course.
“The government’s objective over the past 3 years (Bush included) is to prevent elitists who went to Harvard from ever having to take responsibility for their own poor decision-making. Not to reward those who do the most efficient job of creating goods and services that people desire.”
Or put another way, to make sure the little people pay for the ruling class’ mistakes.
. . . a/k/a being a smart a$$
Because demoncrats think they have to control everything or it will fall apart. They are completely off their rockers.
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