Debt

And to Sum Up!

That is a really poor choice for a title of this last in Bernanke's series of lectures. 

Strange how history has a way of favoring the survivors. Nonetheless, much of the series has historic value. Some of it requires a suspension of common sense, other parts are bravely pastiched from the whole cloth of rhetoric, and every now and then, some facts do emerge. You will have to decide for yourself which is which 

Bernanke grades his lecturees on a proprietary curve which he learned while playing quoites with Baron Rotschild and his other cronies in the Bildesberger. It goes something like this: Depending on the students lineage and family ties, they will get either a Pass, Fail or Welcome Aboard!

Listen as he indoctrinates the next class of world leaders in this final lecture at George Wahington University.

A Further Lecture from Uncle Ben.

The following link will give you more on Chairman Bernanke's lecture series. Helicopter Ben 'splains the Fed to the next generation at George Washington University.

Pin the Tail on ... Bernanke!

This is the first in a series of four lectures by Ben Bernanke.

Interesting to note that he begins by telling the students a prevarication (it wouldn't be kosher to call such an august man a liar - oh hell, if it walks like a duck, swims like a duck and quacks like a duck, chances are ... it's probably a bloody duck!).

Anyway, here for your elucidation ... and amusement ... are the erudite ramblings of "Helicopter" Ben!

Being all a-twitter with anticipation here, without further ado is: Bernanke, the Lecturer, Part One 

Enjoy!

The Fed's First Audit

Now this is interesting! The Treasury is now offering us the handsome return of a whopping 2% if we will only lend them our money for 10-years!  Boy! I better jump on that deal! At the same time the first audit in the Federal Reserve’s nearly 100 ...

Sacre Blue!

According to Bill Bonner and Addison Wiggin of the Daily Reckoning: "The price of insuring a 5-year French government bond is now higher than the price of insuring various “junk” and “near-junk” sovereign borrowers! (Yet) France still carries a A...

Zorba isn't Dancing!

Okay! So the EU is saved and the Greeks ship another wooden horse to Germany and France and then wonder why no-one is singing and dancing! Well, actually, someone is: The Central Banks! They get to redeem the Halvah they sold as caviar over the pa...

Polyanna #2

So the story goes that Polyanna went to her bank to ask about a loan, to which the bankster said: "No problem! We'd be delighted! How much can you lend us?" (Bah dum bump!) As mentioned in our last report, the rating agencies are holding up unreal...