Taken to Task: Ben Bernanke and His Bankster Buddies

We are sick and tired of Obama, Bernanke and Geithener who want to bail out their Cronies, CEOs, Bankers, Greece, Whoever with other people's money.

God bless you, Aaron. Bernanke's policies can be summed up as ... always rewarding bad behavior, bad people, and bad companies ... and always punishing good behavior, good people, and good companies. But with unlimited power, money, and secrecy, and with Wall Street continually backing him, he can and will do whatever he wants, and nobody's going to stop him. Where's the Occupy folks? Bernanke is the biggest "enabler" of the ultra-greed of Wall Street. The big question is, can America survive Bernanke and the Federal Reserve?

Ummm....don't count me as one of the 71% who approve please. Ben is simply a clone of Greenpan who actually instigated the Great Recession with his printing press machine. Ben is simply the "follow through". The entire system is corrupt albeit Political or Financial. Unfortunately the American people at large haven't yet made the decision to change "status quo". i.e. willing to support a Non-Party candidate from the Executive Branch on downwards. Until both Parties get their asses kicked in a major way things in this Country won't change. We need good old fashioned "horse sense", integrity, honesty and a moral system "with Balls" such as the Founding Fathers. And frankly those attributes are needed by both the Governing and the Governed. This Country was once great because we all were proud to be an Amercan. We had a stake in it and we backed it up. But now? Being "politically correct", allowing ourselves to be manipulated by the likes of the UN, voting for the "lesser of 2 evils" mindset, supporting companies who send our jobs overseas etc etc. Is it any wonder we are where we are today? We can get back to being the greatest Nation on Earth, one step at a time. Here's my first, and "politically incorrect" step....MERRY CHRISTMAS to all !!

Bernanke is wacky.

Aaron: Thanks for telling it like it is.

If Obama is truly for the other 99%, how can he keep Ben on the job?

America only lost its power when Bill Clinton signed into law a Bill in 1997. 90 years to the date from when the practice was banned. The practice of Banks selling "mortgage backed securities to wall street". The collapse in 2009 was the result of this bad law, which eventually brought down other democratic governments and fincial institutions. Worst of all in made America the land of forclosures, and a massive debtor nation. Thanks for screwing us Bill C

I trust Bernanke that is all I need to know.

I think most people if polled would not know this part from the article-the Fed is a private institution, owned by its member banks--must, must, gotta get people to understand this, attention pollsters

It would make sense GLOBAL investors like Bernanke because he is stealing from Americans who save. There are a ton of people who spent too much of others peoples money and can't pay it back, they love him too. I think he is a fraud and crook imho.

How is it the S.O.B.ing Wall Street Banksters and Financial Corporation leaders who have figured out how to change the rules to legally steal billions of dollars continue to be worshiped and fawned over by our main stream media? Why do they never have enough money to pay for a haircut, guess it is the “In” look.

Obama is for 99% on the Campaign trail and for his 1% Cronies when in White House.

The markets have always been manipulated, just more so in the last few years. Bernake's problem is that he wants to be right. Our problem is that he is a theoritican and not trained in the real world. He will eventually destroy the financial system in this country, but will be considered a hero by that system and villified by the average taxpayer. And he doesn't give a s--t about the average person. So, prepare yourself for the worst case scenerio because it's going to come.

No one, I repeat, NO ONE should have been bailed out... We are our own worst hypocrites in saying we are free society and all for capitalism and then bail out institutions in the business of MAKING money! Someone, anyone, tell me what I missed in all of this?
Also, why do we have 'lawyers' in charge of our Country's financials? based on logical thought, we should have 'accountants' in Congress and 'lawyers' in Senate.

Bern. should be on trial for Treason against the American Taxpayer. Trouble with Him and every other Politian is they don't answer to no one , thats the big problem in this Lawless , Theiving Government and guess what America, Their going to suck every dime they can get from us. Higher Tax's, Inflation, you name it the'll do it. One Sick Government.

Good article. The market shouldn't be manipulated by institutions that work for the banking system such as the Federal Reserve. Let the market be a free market as it should be. It just shows evidence that the major manipulators of the markets just want to continue their game and reap unfair profits as far as they can before the entire economic system crumbles.

Concerned one, in response. Open up the economics book you have, and find a page that talks of Free Markets! Got it! Ok find in the text under Too Big TOO FAIL! DId you find it! It's not there is it? Go back to watching your nightly news report on FOX! It's RIGGED! I'll say it again...

Not only does Ben believe that success equals rich banks, so does the former Secretary of the Treasury under Bush. HE TOOK MONEY THAT WAS SUPPOSED TO GO TOWARDS THE HOUSING MESS AND GAVE IT TO BANKS !!! AMAZING, AND NO ONE SEEMS TO CARE !!!

Support your local BANKER GARBAGE!

First, Aaron Task should be commended for his clarity, coherence, accuracy --- and courage for his "Taken To Task" commentaries. He unabashedly says what most of us already know but cannot say due to employability in government, or in the financial services industry. Aaron is taking big personal risks because advertisers and government parasites can place huge pressure on his employer. Second, the harsh reality is that things are truly much WORSE than they appear. That being said there exist numerous strategies to financially enrich oneself. Readers should famiiarize themselves with 1) short selling, 2) selling "time premium" via covered call writing and/or selling variable hedges, 3) selling "credit spreads", selling "credit straddles", and selling "credit strangles", 4) trading short-term in "inverse exchange traded funds", 5) positioning gold, silver and platinum by way of laddering purchases only when price advances eclipse previous HIGHS and always utilizing 6% trailing sell-stops.