Monday, January 25, 2010

Financial terrorism?... You decide

http://market-ticker.denninger.net/archives/1895-Financial-Terrorism-You-Decide.html

Let the market roll
American taxpayers don't need Ben to continue to screw us over.
Wall Street is able to do that just fine all by itself, and has proven that it can do so quite effectively


Watch this video clip first, and pay careful attention to the implied threat: do this or the market will blow up.



Let's cut the crap - this isn't the first time that this sort of raw threat has been made.

I will remind people that in September of 2008 when Bernanke and Henry Paulson demanded $700 billion for EESA/TARP, and threatened that "if this doesn't pass the market will blow up."

Well, The House initially refused to pass the bill, if you remember.

Do you remember what Ben Bernanke was doing behind the scenes at the time?

I'll show you - once again