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Wednesday, January 27, 2010

Maybe We Should Let Tiny Timmy and Bernanke Fail Miserably In Office WIth The Next Leg Of Disaster That Is Coming

Tiny Timmy is in front of congress defending bailing out of AIG, which actually means bailing out the bankrupt Goldman Sachs. I have never seen someone lie so much and so excitedly and nervously. He is trying to paint the grimmest picture using big words without any substance whatsoever. He and Bernanke and Hank obviously all belong in jail, but since Mr. Change is supporting these guys for some reason that is lost to me, that is unfortunately not going to happen. Hank put a clause that he cannot be sued into the $700billion he dolled out to his friends at banks and mainly at Goldman. We know Lehman didn't get any, but his ex-goldman buddy John Thain at Merrill at the time and Goldman definitely got some. According to Ken Lewis, the ex-CEO of Bnak of America who is a self-made man coming from a middle class family, Hank, Bernanke and Geithner drunk with power started playing the Reservoir Dogs and threatened Ken Lewis to take over Thain's Merrill at an outrageous premium. It's a shame that didn't send the 3 thugs into jail. Rule of law and the justice system failed once again in this country on that topic.

The dilemma that we are facing now is getting rid of Geithner and Bernanke is too easy. We know that the markets will crash as will the fact that the economy is in shambles will come out. So having these guys in office and ruining their reputation when things fall apart and hope that justice system will catch up with them at that point. However, there is also the fear that as things get worse, we will have more theft of the country to help the corrupt banks and ruining the dollar beyond repair (we're already there, but it can get worse), and see more illegal market manipulation in gold and in the stock markets. It is a tough choice, but most likely when the next leg of the disaster hits, these clowns will fail despite all their illegal activities. It will be a sight to watch.

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