Jas Jain Adventures of “Helicopter Ben (HB)”

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-------- Original Message --------

Subject:	Adventures of "Helicopter Ben (HB)"
Date:	Wed, 26 Jan 2011 09:24:02 -0800
From:	Jas Jain

Adventures of "Helicopter Ben (HB)"

David Rosenberg; 01/25/11 (my highlight of Bernanke's comment):

"But we'll tell you someone who isn't panicky at all. His name is Ben Bernanke. He runs the nation's printing press, and he is one cool customer. His nickname is Helicopter Ben. We'll call him HB for short. We just saw in the King Report that HB gave an interview on CNBC last Thursday when he was queried about the success of QE2, especially since bond yields and

mortgage rates have gone up substantially in recent months. Here was his response:

"Policies have contributed to a stronger stock market just as they did in March 2009, when we did the last iteration of this. The S&P 500 is up 20%-plus and the Russell 2000, which is about small cap stocks, is up 30%-plus."

"Well, there you have it. When you have a central bank chief talking about the virtues of small-cap stocks, you know you really have a pro looking after the country's monetary affairs. One has to wonder whether Kramer will end up on the short list for HB's replacement when the time comes. So what we have is a Fed that is now targeting the stock market and engaging in some form of manipulation to invite the same speculative risky behaviour that has ended so badly in the past. But make no mistake, HB is spiking the Kool-Aid in a significant way and it is working for now. So the Bernanke put is really an extension of the old Greenspan put, but with just a different strike price."

 

Looks like Rosenberg and HB, both economists, were bred in a whole different culture. HB owes his position to be fully bred in the culture of deception, fraud, and manipulation. There is a whole list of economists, including Krooksman, who are born-and-bred evildoers but only few get to the power to put the training, or evil breeding, into practice. These people are enemies of those who are honest, hardworking, and law-abiding among the American People. Obama is fully controlled by these organized gangsters; economists playing their role and other crooks playing there roles. American People are simply getting the natural outcomes of the System of the Crooks.

Jas

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