Thursday, March 10, 2011

williambanzai7: Debasing the Debaser

Some irreverent, choice works by williambanzai7, at Zero Hedge... (More at the link.)

"The US government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. Dollars as it wishes at no cost."

Ben Bernanke, November 21, 2002

"One myth that's out there is that what we're doing is printing money. We're not printing money."

Ben Bernanke, December 6 2010









And from viewers' comment, "The Holey Book of Ben Shalom" by chopper read:

Fiat Origines 1:3-2:4 (Holey Book of Ben Shalom, ©2011)

3 And Lord Ben said, “Let there be cash,” and there was cash. 4 Ben saw that the cash was greed, and he separated the cash from the gold. 5 Ben called the cash “POMO,” and the gold he called “barbaric.” And there were treasury bonds, and there trading for — the first fiat Federal Reserve Note.

6 And Ben said, “Let there be a vault between the people to separate gold from money.” 7 So Ben made the vault and separated the gold under the vault from the money above it. And it was so. 8 Ben called the vault “Federal Reserve Bank of New York.” And there were treasury bonds, and there was trading — Quantitative Easing.

9 And Ben said, “Let the gold under the sky be gathered to one place, and let free money appear.” And it was so. 10 Ben called the free money “liquidity,” and the growing bubble he called “prosperity.” And Ben saw that it was greed.
11 Then Ben said, “Let the land produce houses: extra bathroom-bearing wings and 3-car garages on the land that bear extra stainless steel appliances with Chinese dishes in then, according to their various kinds.” And it was so. 12 The land produced houses: extra bathroom-bearing wings and garages according to their many cars and extra stainless steel appliances with Chinese dishes in then, according to their various kinds. And Ben saw that it was greed. 13 And there were treasury bonds, and there was trading — Quantitative Easing 2.

14 And Ben said, “Let there be gold in the vault of the Federal Reserve Bank of New York to separate the gold from the money, and let them serve as signs to mark ridiculously farcical times, and days and years, 15 and let them be gold bars in the vault of the Federal Reserve Bank of New York to give green paper on the earth.” And it was so. 16 Ben made two great liquidity events—the greater quantities of paper to print in the day and the lesser the value of paper overnight. He also made the loans. 17 Ben set them in the accounts of the Too Big To Fails to give fiat money to insider cronies, 18 to print in the day and devalue overnight, and to separate gold from money. And Ben saw that it was greed. 19 And there were treasury bonds, and there was trading—Quantitative Easing 2.5.

20 And Ben said, “Let the Too Big To Fails scheme with thieving creatures, and let green paper fly above the earth from the helicopters in the sky.” 21 So Ben created the thieving creatures of the Too Big To Fails and every thieving thing with which the To Big To Fails scheme and that moves about in it, according to their kinds, and every loan officer according to its kind. And Ben saw that it was greed. 22 Ben POMO’d them and said, “Be deceitful and increase in number and fill the brothels in NYC, and let the loans increase on the earth.” 23 And there were treasury bonds, and there was trading—Quantitative Easing 3.

24 And Ben said, “Let the Congress produce thieving creatures according to their kinds: the CFR Members, the creatures that move along the ground, and the wild interns, each according to its kind.” And it was so. 25 Ben paid the wild interns according to their kinds, the CFR Members according to their kinds, and all the creatures that move along the ground according to their kinds. And Ben saw that it was greed.
26 Then Ben said, “Let us make ganster banksters in our image, in our likeness, so that they may rule over the Too Big To Fails and the thieving creatures, over the CFR Members and all the wild interns,[a] and over all the creatures that move along the ground.”

27 So Ben created gangster banksters in his own image,
in the image of Ben he created them;
male and female he created them.

28 Ben paid them and said to them, “Be deceitful and increase in number; fill the earth and subdue it. Rule over the Too Big To Fails and the thieving creatures, over the CFR Members and all the wild interns,[a] and over all the creatures that move along the ground.”
29 Then Ben said, “I give you every house on the face of the whole earth and every extra bathroom, stainless steel appliance with Chinese dishes in it. They will be yours for inventory. 30 And to all the people of the earth and all the helicopters in the sky and all the creatures that move along the ground—everything that has the pump of liquidity in it—I give every green paper and cotton fiber for funny munny.” And it was so.
31 Ben saw all that he had made, and it was very greedy. And there were treasury bonds, and there was trading— QE to Infinity.

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