Anyone notice that the US dollar is now breaking down again? And if indeed we're going to print our way out of this situation then the dollar will be hammered. Predicting the timing and direction is hard but according to the technical analysis charts... the deed is getting done ASAP because our leaders are incompetent, ignorant, corrupt clowns.
Bernanke and Bush gave speeches simultaneously today and CNBC showed them on split-screen. I turned down the volume (oy) and watched them in full-bore lecture mode. The ex-professor pontificated and repeated his well-rehearsed obfuscating lines (how tiresome), while Bush played the part of an old-timer with "experience", "'splaining"' how "things don't turn around on a dime".
One day books will be written on "The Wisdom of George W. Bush", collecting his greatest and most profound thoughts
I have never seen anyone as consistently wrong as Bush.
It is remarkable how the man is always wrong.
You can take it to the bookie, then collect the winnings and take them to the bank:
Bet against him and become a millionaire in the last six months of his presidency.
on all matters of interest to Americans and people of planet Earth. But at this point, whenever Bush and Bernanke speak the smart money takes the opposite side of the bet of whatever they are predicting.
I have never seen anyone as consistently wrong as Bush. It is remarkable how the man is always wrong. You can take it to the bookie, then collect the winnings and take them to the bank: Bush is always wrong! Always. Bet against him and become a millionaire in the last six months of his presidency.
Ditto for Bernanke, really, though he may accidentally get a few things right and he doesn't have a perfectly established record of killing countries and economies like El Presidente.
Here, by the way, is the greatest essay ever on G. W. Bush:
Excerpt: Perhaps the most glaring reality of Bush’s presidency will be the fact that it was never a true presidency at all. The result of selection rather than election, it was marked not by sound strategy, but by stagecraft; not by purposeful action, but an endless array of photo-ops meant to capture merely an image of leadership in a constant attempt to obscure the truth that no such leadership ever existed.
While the smoke-and-mirrors experts continue to proffer their own creation — the man with the bullhorn in the wreckage of the Twin Towers, the man landing on an aircraft carrier declaring that the mission had been accomplished, the man sharing Thanksgiving dinner with his troops — the reality lurking behind the curtain is less than heroic or honorable: a lackadaisical fool reading a children’s book in the midst of mayhem, a smirking coward parading around in a flight-suit, a mindless, uncaring clown offering a plastic turkey to the men and women he was about to send to their deaths.
From the beginning, Bush surrounded himself with incompetent cronies, yes-men, and sycophants with a lust for influence, and handed out positions of power to people whose blind loyalty was the only measure of their suitability. Qualities like honesty and strength of character were never assessed, and were in fact an obvious hindrance for those who aspired to the inner circle.
Once foisted on the world stage, Bush invariably chose the role of the mindless puppet, a buffoon prone to inappropriate laughter, absurd remarks, displays of childish petulance, all washed in a thin veneer of down-home charm meant to hide the underlying ignorance, the lack of awareness, the inability to conduct himself as anything more than an over-indulged frat-boy who had no more respect for his office than qualification to hold it.
Amber Perez
Wrong on everything. Yeah, that's true. I usually think of the Bush administration as just plain lying on every issue, since I've never heard anyone in their employ at a high level speak the truth about any matter of public policy, period. But 'wrong on everything' is probably easier to understand, sounds a little less like an insult, and of course, it's every bit as accurate.
