In this period, being as it is, the period beforethe next big economic crash,
it's important to look for some of the warning signs that occurred in 1929
and are occurring now, and especially those that are being
rampantly ignored by the media and government.
So, in discovering Professor Irving Fisher recently, I've also found another
angle to this macabre comparison of
the Great Depression with the Great Obfuscation of today:
Reincarnation
Bernanke not only has the confidence of Irving Fisher (1870-1947),
but he also looks surprisingly like him, to the point that I'm sh*tting my shorts.
[Fisher, on the right]
You know, they say that the spirits of the un-dead do not learn from history,
[Bernanke, before he was possessed by the spirit of Fisher]
Some famous Irving Fisher sayings:
"There may be a recession in stock prices, but not anything in the nature of a crash."
- New York Times, Sept. 5, 1929
"Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months."
- Oct. 17, 1929
"The end of the decline of the Stock Market will probably not be long, only a few more days at most."
- at Yale University, November 14, 1929
Wikipedia:
He [Fisher] famously predicted, three days before the crash, "Stock prices have reached what looks like a permanently high plateau." Irving Fisher stated on October 21 that the market was "only shaking out of the lunatic fringe" and went on to explain why he felt the prices still had not caught up with their real value and should go much higher. On Wednesday, October 23, he announced in a banker’s meeting “security values in most instances were not inflated.”
Famous Bernanke sayings:
"I don't know where the TARP money went" -2008
"Gold is only a traditional investment, not a type of money"- a few days ago
[I do paraphrase, once in a while.]
due to destitution caused by Ben Bernanke.
For Canadian Great Depression, see the Bennett Buggy (a horse cart),
named after the prime minister.
For the Great Obfuscation we have :
more later
but he also looks surprisingly like him, to the point that I'm sh*tting my shorts.
Prof Irving's opinion ruled in the media. Sound familiar?
[Fisher, on the right]You know, they say that the spirits of the un-dead do not learn from history,
and that is why they keep haunting the same place,
doing the same actions, over & over again.
doing the same actions, over & over again.
"Must print money"
xD AhAhAhAhhaHAHAAHAHahHAhaha
[Bernanke, before he was possessed by the spirit of Fisher]Some famous Irving Fisher sayings:
"There may be a recession in stock prices, but not anything in the nature of a crash."
- New York Times, Sept. 5, 1929
"Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months."
- Oct. 17, 1929
"The end of the decline of the Stock Market will probably not be long, only a few more days at most."
- at Yale University, November 14, 1929
Wikipedia:
He [Fisher] famously predicted, three days before the crash, "Stock prices have reached what looks like a permanently high plateau." Irving Fisher stated on October 21 that the market was "only shaking out of the lunatic fringe" and went on to explain why he felt the prices still had not caught up with their real value and should go much higher. On Wednesday, October 23, he announced in a banker’s meeting “security values in most instances were not inflated.”
Famous Bernanke sayings:
"I don't know where the TARP money went" -2008
"Gold is only a traditional investment, not a type of money"- a few days ago
[I do paraphrase, once in a while.]
Reintarnation (unwords.com):
Being reincarnated as a hillbilly.
I see many of us having no choice but to live the life of a shoe-less hillbilly,Being reincarnated as a hillbilly.
due to destitution caused by Ben Bernanke.
For Canadian Great Depression, see the Bennett Buggy (a horse cart),
named after the prime minister.
For the Great Obfuscation we have :
Bernanke Bounce (market manipulation)
Bernanke Bungalow (living in car)
Bernanke Benefits (steal what you can)
Bernanke Ballet (lying to the media)
Bernanke Bed (cardboard)
Bernanke Beef (spam)
Bernanke Bowl (soup at the Church)
Bernanke Bungalow (living in car)
Bernanke Benefits (steal what you can)
Bernanke Ballet (lying to the media)
Bernanke Bed (cardboard)
Bernanke Beef (spam)
Bernanke Bowl (soup at the Church)
more later
