July 27th, 2010 
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@mrbullfrog – There is no evidence whatsoever, from recent behaviors and from his personal history, to believe that he is dishonest in any way. If you have evidence, then go for it.
True, they are all puppets but you would think the handlers would choose people with a few more brains! Obama doesn’t know how many states are in the USA, Biden thinks FDR announced the depression on national TV. Bush can’t talk, Sara doesn’t read, Mcain forgets how many houses he owns—-Maybe they want dummies — easier to manage.
@nicholas9999 No one is questioning his education or intelligence — His honesty is what is in question.
They predicted the boom of 1946 and the Keynesians predicted a crach because spending was cut bt 2/3′s at the end of WWII and we ‘gasp’ deregulated the economy.
OK, Family meeting folks, need to cut cost, for starters bare bone essentials only, canceling all insurance policies (frauds anyway) walk away from credit cards (Fico: huge fraud), walk and bye bye underwater mortgage. Hey,…it’s just a pragmatic family business decision. Got the idea from Wall Street too big to fail banks, I hear they are really good at it, got my Tarp money and all, so screw it. Start me a family weed/veggie garden, shop local, pop me a cool one and,..Oh, well Fuck it.
@themob – Yes, but that’s Mises, i.e., not mainstream economics. Again, most economists didn’t see it. Mises people are perpetually cynical and negative about the chances for the economy, so for a time they will be right. Fortunately, Ben will be flipping burgers as chair of the Fed, where I am hoping, he WON’T be in charge of an agency that regulates the banks. He should stick to monetary policy.
The difference between an economist and an investor is…well there isn’t really one. They both have degrees in economics. Typically the better economists end up in finance because that’s where the money is. The not so bright ones end up working for the government or or in academia, but there are exceptions to the rule.
@nicholas9999 I don’t think anyone at the Mises Institute was surprised and you can add Jim Rodgers, Marc Faber, and Hugh Hendry to the list.
Search for Jim Rogers was Right pt 1/2
If an economist can’t see the worst depression since the great depression coming they should probably be flipping burgers somewhere.
@themob – Peter Schiff?? Oh yeah, maybe one guy, lol!! But look, we don’t know the exact date of the clip. It is interesting to listen to Laffer, who is in a state of denial. The point is, Schiff is a financier and I’m talking about economists who manage monetary policy and who are somewhat removed from the day to day stuff. You just don’t seem to grasp what happens when you try to go back and reconstruct what people __should have__ thought or done. It won’t work.
@nicholas9999O really? they would all have given you the same thing? Really?
watch?v=2I0QN-FYkpw
You haven’t gotten it right yet. You could be FED chairman too!
@themob – Yeah, sure, I realize he has been wrong, and if you were to go back and ask any mainstream economist about his views, they would all have given you the same thing. They were in a state of denial, no argument there. But Bernanke is the right guy for now, when we’ve got a depressed economy.
@nicholas9999 He’s been wrong about everything!
watch?v=HQ79Pt2GNJo
@themob – Actually, Bernanke is extremely well-educated, and is especially knowledgeable about the depression (the one in the early 20th century) and depressions in general. He’s the right guy to be in charge of the Fed right now.
Cenk apparently is oblivious to the fact that Obama was Wall Streets pick for president. Just look at his campaign contributors and his economic advisory team. It screams Wall Street.
@nicholas9999 Bernanke is an moron economist. He has the equivalent of a degree in Astrology.
@manufactured – So, the Chair of the Federal Reserve has no real power??!!?? I could understand your remark if Ben had just a little bit of charism or was hip in some way, lol . . if that were the case, one could make up some sort of narrative about his way with the camera!! He has even less charisma than the enigmatic Greenspan!!
Still is meaningless. I have come across a lot of people with paper attainment that just hide behind their paper. Ben is just a mass media scapegoat who has no real power. The Board of Governors of the Federal Reserve have the real power. Ben is just a mass media puppet.
@manufacturedthoughts –
Harvard, BA, 1971 – 1975
MIT, Ph.D., 1979
1979 – 1985, Professor, Stanford Graduate School of Business
1986 – 2002, Professor, Princeton university
2002 – 2005, Member, Board of Governors of Fed
2005 – 2006, Chair, President’s Council of Economic Advisors
2006 – now, Chair, Fed
If you’re talking about a stint working construction and drinking lots of beer, no, I can’t find that, lol !!!!
Bernanke/Geithner/Summers = white collar criminals.
Caught secretly funnelling billions of taxpayer $ to their cronies. Then told inquiring elected representatives to screw off, it’s none of their business..
It was if you cant think for yourself. Other promising candidates included Nader and Ron Paul.
it was either obama or mccain.
I agree with Cenk on this issue even if he was blind enough to vote for Obama. Ron Paul 2012.
What happen to the Man of the year ?
kind of sucks the turks get so many views, alot of views are people watch to see what they have say like me but cant stand them because they watered down controlled media. they are not truth media what so ever.
AUDIT THE FED!!!