Here it is!

Hi Matt here,

haha

I love the siggy mat.

And killers are just whiny losers but that doesn't make them any less dangrous.


Haha, I lov michalel weston.

~moark~

This reminds me of Bubba's "Water Cooler Threads" where everyone could gather and just talk about...well, anything from pet peeves to upcoming big family events.

Great idea!

Hahah i agree.

Good morning! I am one of the moderators from the Law and Order Criminal Intent forum. This morning we have a spammer active on some of the boards offering fake Nikes. Several of those threads have been deleted and we are checking for more. I just wanted to let you know that when you report a post, a PM is sent to Admin and to each of the moderators. Please report any spam threads that you come across. Either Admin or one of the moderators will be happy to delete it and take care of banning the poster.

Thank you, and have fun posting!

ciaddict

and here is an obvious parody. Enjoy!!



Our stranger wears the face of depression (born of cognitive dissonance); a face weathered by trillions upon trillions of thoughts. His style of dress is Missouri casual. It is a full time job for him to simply move, but still he stands. He walks the streets. In the front of his mind, he is constantly thinking, M is for money and P is for politics, but he speaks aloud, I don't love money and I don't like politics. Suddenly, he happens upon an outsider; a man from the periphery of the periphery; a man who knows the truth of the matter. Our stranger asks, Where am I? The outsider answers, You're lost in a sea of eternal, galloping inflation, and you are powerless to stop it. The words give our stranger pause. Next, the outsider commands: Mr. Ben Bernanke, you're in Monetary Hell! With those last words echoing in his mind, Mr. Bernanke trembles in pain as he witnesses flashbacks to every faceless man that ever came to his office begging for dollars. He thinks, again, M is for money and P is for politics, to his relief he speaks out, but I don't love money and I don't like politics! Is there good reason to believe you? retorts the outsider, in a friendly tone. oh my God, Bernanke softly speaks, for he knows that he is now face-to-face, with a true believer. As if within Bernanke's mind, the outsider speaks, Don't think of nominal income. Bernanke sputters, in response, but, but but, the world is rethinking stabilization policy. However, his own words, only brings pack the pain, M is for money, P is for politics. Nominal income is a lie interjects the outsider. But, I don't love money and I don't like politics Bernanke finishes. What is the objective of monetary policy? Asks the outsider. Maintaining price stability answers Bernanke, in less than a nanosecond. And what is price stability, asks the outsider. The objective of monetary policy answers Bernanke. Why? Asks the outsider nicely. Because money matters answers Bernanke. In fact, money, matters too much; concludes the outsider. That instant, Bernanke is struck by another powerful headache M is for money and P is for politics. In a stream of consciousness, from the larger recesses of his mind, Bernanke screams out, inflation is always and everywhere a monetary phenomenon. Inflation is evil speaks the outsider definitively.

Now, Bernanke thinks, M is for Monetary Policy and P is for (maintaining) price stability. Bernanke speaks, and that is why I do not love money and I do not like politics. For an instant, and for the last time, Bernanke has another flashback to all those faceless men begging for dollars. My God what have I been doing? What did they have me doing? Worst yet, there are those who want you fired speaks, the outsider. Bernanke pauses. Although he knows the answer, the outsider asks, So, what do you believe Ben? I am a monetarist is the calm response, with the authority to focus solely on maintaining price stability Bernanke now verbally realizes. The outsider observes, Galloping inflation must be stopped before it starts. Rapid inflation must never be allowed to become embedded into the expectations of the public’s mind; thereby resulting in monetary hell for us all. As for a world economy in flux, the outsider continues, an upward spike in the U.S. Fed Funds rate by a mere three-quarters percentage point; that is your demonstration of reasoned Monetary Policy over the short-sighted, manipulative, rent-seeking illusion that is politics, would tell the world that the U.S. is casting The anchor for global economic growth. The outsider concludes, A strong U.S. dollar, as an empirical fact of life, without verbiage, will be the consequence of your actions.

Who are you? Bernanke had to ask. I am Dr. Know answers the outsider. How do you know these things about me, policy and so much more? Bernanke, again had to ask. Answering the question, with a question Dr. Know says, Why did you fail to set rates to zero percent? Because this is as far into monetary hell as I am willing to go. Bernanke states. And that, among other things, is what I know responds Dr. Know. Therefore, Dr. Know continues, in order for you to avoid literal monetary hell for yourself, and the country, you must start raising interest rates now Dr. Knows concludes. Bernanke observes, Indeed, I must raise rates before my reappointment date, because, if it comes to the worst case scenario that I'm fired, by raising rates before February, whoever replaces me would be constrained by powerful world financial markets embedded with the new psychological expectations of a strong U.S. dollar. And then you can, and will live on, with peace of mind were the truthful words of Dr. Know.

Your welcome and thank you ciaddict. *puts arm around her*

Yes we will have fun posting won't we?

~moark~

Oil rises to $72 as investors eye inflation

http://finance.yahoo.com/news/Oil-rises-to...set=&ccode=

Ben Bernanke knows a true believer (somewhere):

Stocks end mostly higher after Fed assessment

http://news.yahoo.com/s/ap/us_wall_street

Below is an article that lends support, albeity indirectly, to a strong U.S. dollar as the anchor for global economic growth.

11 Places With a Worse Economy Than Ours

http://news.yahoo.com/s/usnews/20090710/ts...economythanours

Who wants to be Fed Chairman?

Bernanke tells Congress that Fed has exit strategy

http://news.yahoo.com/s/ap/20090721/ap_on_bi_ge/us_bernanke

Bernanke, literary out on the periphery (of course I was NOT invited). If I were "ever" invited I would have simply asked, "what do you believe, Ben?

Bernanke had to 'hold my nose' over bailouts

http://news.yahoo.com/s/ap/20090727/ap_on_...nanke_town_hall

What was all that???

I was thinking the same thing. . .

~moark~

Yeah good question....

possible spammer maybe?

Read the parody Bourne Bernanke posted june 14 in this thread.

yes but whats with all the links??

The links support the truth of the parody. For example, the most recent article states the Obama administration has been silent regarding the reappoinment of Mr. Bernanke. In short, President Obama, to this date, has not given Ben his personal assurance that he will reappoint him this coming February. The prior article points to the depths of Bernanke's monatary hell in that he has to be struggling with the risk of and maybe signs of inflation given historically low interest rates that he has states will stay an "extended period" while at the same time, the best policy, which happens to be consistent, with his convictions is to fight inflation before it starts (Monetarism).

There is actual correspondence between the parody and unfolding events. Therefore,

Happy Reading

Regarding the overall explanatory and predictive power of the parody, Noble economist, Dr Joseph Stiglitz mentions speculation about replacing Bernanke (See link below).

I'm in good company with the likes of Noble economist Joseph Stiglitz wanting a national debate on Bernanke. It's ashame, however, that Dr. Stiglitz's overall economic vison is so wrong in general, and about interest rates in particular. In the interview below, Dr. Stiglitz strikes me as more a politician who does not want to accept the fact that there are no short cuts to economic progress and that we must accept short term pain for long run gain. Dr. Stiglitz needs to meet Dr. Know. In such a forensic encounter, on the campus of Brandeis University, I think the likes of Dr. Know would win the debate of this century.

...Stiglitz Wants "National Debate" on Bernanke

http://finance.yahoo.com/tech-ticker/artic...F,BAC,FAS,C,JPM

The lesson I learned, following the story below, is that personal/individual Monetary Hell is just part of the job as Federal Reserve Chairman. Mr. Bernanke still has to cope with the sress of pursuing economic stabilization, and its danger of hyperinflation, that is, literal monetary hell for the country and the short-term economic pain of maintaining price stability, which happens to be the best policy. The stress of personal Monetary Hell is found in Mr. Bernanke’s own words (taken from the article below), “I will work to the utmost of my abilities…to help provide a solid foundation for growth and prosperity in an environment of price stability."

I’ll repeat: Mr. Ben Bernanke. You’re in Monetary Hell! [for us all]

Bernanke reappointed for second term

http://app.marketwatch.com/story/bernanke-...term-2009-08-25

I think our thread has been hijacked.

Why...?

~kerli~ (Used to be moark...)

You think prescience is for real?

A sobering article:

New frugality is the new normal, by necessity

http://news.yahoo.com/s/ap/20090907/ap_on_...n_new_frugality

Oh lol.

i get it.

no she's spamming the thread.



___Kerli___