I’ve had it. God Damn, Mother fucking NPR. Backstabbing, propagandist mother fuckers……
So there I was – driving from NYC to Iowa. (I’m blogging from a hotel in Ohio right now.) I tune to NPR. Those fucking, fucking, fucking, propagandist bastards. Traitors. How the fuck do you call Bernanke a free-marketer??????? Bernanke’s job has been to SET THE INTEREST RATE AT WHICH BANKS BORROW. His job is to say, ‘let’s create an economic bubble and set a low interest rate,’ or ‘lets flood the economy with cash,’ or ‘lets slow the economy by tighten up the money supply.’ This is the OPPOSITE of a free market.
Typical of Big Media coverage, they focus on one tree in the forest and use it to say Bernanke is a free-marketer – he didn’t regulate derivative markets and people acted irresponsibly. This is such BULLSHIT!!!! It makes me furious because it’s so deceptive – there’s just a hint of truth in it – enough to make my liberal friends believe and obey. They’ll drop their pants and open their wallets and say: “Please save us, dear Government. Government, only you can help. Save us from these evil capitalists. More government. More!!! More!!! Take my money and save me! Please, Government. We’ll do anything you ask!!!”
The hint of truth is that banks and traders indeed behaved irresponsibly. So What? That doesn’t make Bernanke a free-marketer for not reeling them in.
If we had free markets, interest rates would be set by banks negotiating with each other over how risky the loans are.
If we had free markets, there wouldn’t be a FED.
If we had free markets, Bernanke would be out of a job.
If we had free markets, government wouldn’t have warped investment in favor of super-risky housing loans.
If we had free markets, we wouldn’t have been riding the bubble of a bullshit economy for the past few decades.
If we had free markets, the bubble wouldn’t be popping – it would never have existed.
If we had free markets, all those incompetent (by some measures, corrupt) bankers whom Bernanke failed to reel in would have put their banks out of business several times over.
If we had free markets, we wouldn’t have bailed out the incompetent banks with the competent people’s money.
If we had free markets, the incompetent banks would be bought up by the competent ones for whatever the competent ones negotiated.
If we had free markets, government wouldn’t overpay for worthless bank assets with OUR MONEY.
If we had free markets, we might even have competing currencies, so we sound money believers could do our own thing as the government destroys our dollar in pursuit of global hegemony.
This crisis was caused BY GOVERNMENT. Now they’re blaming free markets and proposing MORE GOVERNMENT as a solution. The fucking nerve of these people. They cited today’s (November 10th’s) market fluctuations as evidence that free markets don’t work. WTF!??!?!? Not only did we just take $700 billion dollars away from the competent people, and give it to the incompetent, but the fuckers at NPR go on to blame the ensuing confusion and fluctuation on free markets!!! HA! You can’t make this stuff up.
They had a discussion as if the failure of free market economics was a given – the axiom from which all thesis must now derive. They said Milton Friedman has been refuted and economists are now “working behind closed doors,” to come up with more accurate theories.
The evidence??? Some dickhead talked about how markets behave “irrationally,” like when there’s a car accident on one side of the road, and traffic in both directions slows down. First of all, both directions of traffic slowing down for an accident is completely rational. Human curiosity? People wanting to understand the dangers of the world? Second of all, what the fuck does this example have to do with anything?????!!!!!
At that point my soul was in such agony, I had to switch off the radio. Those God damn, bastards.
This isn’t news. It’s psychological operations targeting the American people.
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