SliderOnTheBlack.com

We don’t believe you.
Not a single word you say.
Why?
Do the words “read my lips - no new taxes” ring a bell?
We didn’t believe you when you said - “the credit crisis is well contained.”
We didn’t believe you when you said - “the worst is now behind us.”
We didn’t believe you when you told us the [...]

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We tried…
We called our Senators.
We faxed our Congressman.
And we encouraged our friends, family, and co-workers to do the same.
But, in the end…
We was robbed.
Because they waited.
They waited…
– until the US Dollar imploded.
– until Oil prices exploded.
– until inflation skyrocketed.
– until home values collapsed.
– until the economy rolled over.
– until the stock market crashed.
– until unemployment [...]

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What happened to the Ben Bernanke who just weeks ago, seized the “strong dollar” gauntlet from the Treasury Department, and led both Hank Paulson, and President George W. Bush in calling for a stronger dollar?
What happened to “that” Ben Bernanke?
Here’s all we got out of Ben Bernanke in today’s Fed meeting….
 
– No leadership.
– No guidance.
– And [...]

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“Monetary policy should allow a temporary rise in unemployment and inflation to let an economy find its balance from an oil-price shock.”
– Federal Reserve Vice-Chairman Donald Kohn
That comment on the heels of Bernanke breaking tradition, and taking the lead from the Treasury Department in talking up the dollar? That comment with Treasury Secretary Hank Paulson [...]

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I don’t know about you, but I’m getting awfully tired of listening to Ben Bernanke and Hank Paulson tell us about how strong the underlying fundamentals of the U.S. economy are, and how they stand firmly behind a “strong U.S. Dollar policy.”
All the while an alphabet soup of toxic credit instruments continue to implode all [...]

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