The First Major Act of New Fed Chief Is One of Secrecy and Manipulation

Dec 05, 2005 12:08

Ben Bernanke, the new head of the Federal Reserve, is no longer going to publish weekly reports on the "M3," which is the broadest indicator of the amount of money circulating in the US economy ( Read more... )

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pixie405 December 5 2005, 19:19:30 UTC
Ben, haven't you learned yet that the government - just like any corporation - works best when pesky citizens quit asking questions? Or even know what government is for?

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gabara December 6 2005, 08:14:42 UTC
So what, send off for one of those gold investment kits advertised on late night TBS?

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beanheadp December 6 2005, 17:56:48 UTC
Actually, your best bet is with Carleton Sheets's famous No Down Payment program. But don't take my word for it. Take Jhun L---'s apocraphal story:

"In Alaska, he worked on a fishing boat twelve hours a day, seven days a week, for $6 an hour. Then Jhun saw the Carleton Sheets No Down Payment program advertised on TV and ordered it. After seven 'long' years in Alaska, he had saved a nice 'nest egg,' and Jhun's mind was filled with dreams of becoming a real estate investor. With his citizen ship [sic] finalized, he and his family moved to the 'lower 48.'"

http://www.carletonsheets.com/

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beanheadp December 6 2005, 17:57:37 UTC
and by apocraphal I mean apocryphal

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pixie405 December 7 2005, 03:51:20 UTC
Thanks to your link, I have my new favorite "piece of advice" quote:

"But don't ever forget that it is not how much money you make, it's how you use your money to become rich." -Jhun

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