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FED's guest speaker pokes them in the eye
derryb
Posts: 36,196 ✭✭✭✭✭
Bet he doesn't get a return invitation
"In conclusion, it is my belief that from start to finish the Fed is a failure. Again, thank you for inviting me. You have prepared food, so I will not be rude, I will stay and eat. Let’s have one good meal here. Let’s make it a feast. Then I ask you, I plead with you, I beg you all, walk out of here with me, never to come back. It’s the moral and ethical thing to do. Nothing good goes on in this place. Let’s lock the doors and leave the building to the spiders, moths and four-legged rats."
"In conclusion, it is my belief that from start to finish the Fed is a failure. Again, thank you for inviting me. You have prepared food, so I will not be rude, I will stay and eat. Let’s have one good meal here. Let’s make it a feast. Then I ask you, I plead with you, I beg you all, walk out of here with me, never to come back. It’s the moral and ethical thing to do. Nothing good goes on in this place. Let’s lock the doors and leave the building to the spiders, moths and four-legged rats."
Keep an open mind, or get financially repressed -Zoltan Pozsar
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I knew it would happen.
Oh would I have loved to have been in the audience to hear (and see) that one!
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
–John Adams, 1826
I don't get over to ZH as often as I'd like to. Few comments down, there is a link to an interview with Bob on anti-war, it was good.
Box of 20
<< <i>And if they all walked out and closed the doors, I am afraid it would really be the end for all of us. There is no way out. We are trapped til it all collapses on its own accord. The question is how long do we have...... >>
Where one ends up in a shuffle depends upon how well one plans -and looks ahead.
Today, he sent me an observation he just made;
"You know that speech you sent me? Well, it brings up that since the beginning of the Fed that prices have increased 2,241 percent. A silver dime has increased in price 2,239 percent (of face) as of today.
Just found it interesting."
Thought I'd share ...
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242