Gary A's  Instablog

Gary A
Send Message
I am retired from Fresno County. I like to blog and comment on financial matters. I knew of the housing bubble in late 2005, way before Cramer. I believe that the central banking establishment set up excessive and damaging credit vehicles both for investors and for borrowers. Investors were... More
My company:
Examples of Globalization ebook
My blog:
Examples of Globalization
My book:
Will Rogers:From Great Depression to Great Recession
  • Ben Bernanke Proved Today That He is a Common Criminal 0 comments
    Nov 16, 2009 1:25 PM

    Ben Bernanke stated in his speech today to the Economic Club of New York that there are no imbalances, ie bubbles, in the US financial system. If he is meaning, and he was speaking in the context of higher oil prices, that there is no bubble in oil, and therefore there will be no action to pop this bubble, he is in effect, behaving as a common criminal.

    Oil prices are most likely twice as expensive as they need to be. This would translate into gas being sold for less than 3 dollars per gallon. This would be a massive raise for the American people. But stealing, thieving Ben sees no bubble!

    And of course the treasury bubble, which is robbing people of even half way reasonable returns from treasuries, is not, as this thief says again, a bubble. This is pure theft from the American people. This man is nothing more than a common criminal in charge of your money supply. 

Back To Gary A's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Erin Burnett is a member of the Council on Foreign Relations. She is a minion of the central banker cartel. #rt
    Apr 30, 2011
  • Shorting the China market with a stop at somewhere above 7 dollars. The valuations are really to the moon.
    Feb 3, 2010
More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.