The very idea of Jane Hamsher looking into the CSPAN camera and asking Jim DeMint or Jim Bunning to put a Senate hold on the Bernanke nomination is breathtaking. You take your allies where you can find them, I guess!

Here’s Jane on Max Keiser !, and Max although vaguely annoying in delivery, has a knack for demystifying the Masters of the Universe / Financial Alchemist’s trade secrets.

This issue goes hand in glove with Healthcare. Clinton, Bush, Obama, Geithner, Barney Frank, etc – unmitigated crooks,all.

http://www.youtube.com/watch?v=Eb6z2wg0ffI&feature=player_embedded#

It is necessary to divest ourselves of the illusion that the Dem vs Rep passion play is any more substantial than the exquisitely executed Stage Craft which it is. I wish Jane would drive the point that we are engaged, first and foremost, in a Class struggle which utilizes the Partisan divide to maintain it’s own and very narrow power/wealth interests.

Clinton is not our friend, neither is Obama nor the Party faithful whom they mislead. The Left needs to take off its subjective somnambulist party pom-poms and start acting like believers in worthy causes rather than apologists for Party affiliated scum.

If you think the Class Struggle is new here at FireDogLake, you might want to read this extraordinary column by Pachacutec from November 2006 about The Money Party.

Class struggle in other words, okay? The language of 19th century Germany and Britain or that of early 20th century Russia is not effective here now.

I think Harry Reid under these circumstances might finally get the nerve to say no to a Republican. If Sen Bunning and or DeMint put a hold on Helicopter Ben’s nomination.
A Democratic President fighting for Bush pick, a Hoover true believer as head of the Fed?
Jane working with Bunning and DeMint?
The Chinese say as a Curse may you live in interesting times short of a Coup I don’t see how the times could get more interesting.

So why not vote for a Repub to oust a bad Dem?

That was a superb post!

If you think the Class Struggle is new here at FireDogLake

Bwahahaha! Class Struggle New here?

The Left needs to take off its subjective somnambulist party pom-poms and start acting like believers in worthy causes rather than apologists for Party affiliated scum.

Us apologize for Party Affiliated scum? Your new I take it. Welcome to the Lake.

$72,000,000 million obese Americans
$60,000 a gallon of fat
= $ 4,320,000,000,000 trillion

multiply that by 3 over three years 43*3=129

meaning we can cover our entire 12 trillion dollar debt if we just sold our fat.

I doubt the fat market could absorb all that without a price decline but we could pay for healthcare maybe?

http://www.youtube.com/watch?v=Eb6z2wg0ffI&feature=player_embedded#

Nice link I transcribed the spoken words myself so its not an exact quote.

Ted, o/t but just a quick one. Not re-opening an old thread but…… I went back and read some old posts. I have a TG sister and just want to say thanks.

What channel is this on or is this a net show? I think I see a Lefty business show at last!

my, what a spectacular, prefessional presence that jh girl is

and what a sight, dfh’s, true progressives working once again with republicans…if it can only happen

are there real republicans left or just neo-con fascists highjacking the party?

will the real republicans finally act like concervatives instead of puppets of the koch industries?

great clip teddy, thanx for posting it

I dislike the tactic but Bernanke is a blithering idiot in a critical post and has already done so much to drive the country into the ground. It isn’t just the $2 trillion on the Fed’s balance sheet it can’t unload and all the losses that signifies for US taxpayers. It is that this is the man who didn’t see an $8 trillion dollar housing bubble until it burst, who championed the policies which fueled it, who, in the year between the bursting of the bubble and the meltdown, never saw how shaky and exposed the whole financial sector was, who, as a consequence and despite all kinds of warning signs, did as little as possible to restructure the financial system to forestall the meltdown, who made lousy sweetheart deals over Bear Stearns, AIG, and Merrill, who then (with Paulson and Geithner) precipitated the meltdown in the way they mishandled the Lehman bankruptcy, who then finally reacted to the criminal enterprise known as the financial industry by throwing all the money in creation at it, not to fix what was broken but to prop it up, who relied on and persisted in the monetary policy of quantitative easing (even when there was abundant evidence it wasn’t working), who drove interest rates to zero (and effectively below zero), created, as a result, new bubbles in stocks and commodities, especially oil, and to some extent gold and a carry trade in the US dollar which encourages non-investment in our real economy, and who not only doesn’t see the coming depression but is seeking to hasten its arrival by tightening up the money supply (rather than directing it away from banks and to more productive uses).

There really is no way to convey how awful Bernanke is. It just says everything you ever wanted to know about our pitiful, endlessly corrupt political system that he would be considered for another term or about our media that continues to lionize him.

OT – Space shuttle landing at 9:44am ET (in 5 minutes)

Helicopter Ben is still getting good press? Damm I thought we had a good shot of not getting him reconfirmed.

What this post points to is something that those of us who watch this stuff have noticed for months. It is how kept the Democrats are and how silent they have been. The Republicans may be as crazy as loons but in Congressional hearing after hearing, it is they, not Democrats, who ask the most probing questions. The Democrats are so busy not being critical of the Obama Administration’s management of the economy that they have made themselves essentially irrelevant. The only reason Dodd is making any noises about Bernanke at all is because he is in trouble in Connecticut and up for re-election, and because Bernanke can be portrayed as technically not part of the Obama Administration.

Could we speculate that the real reason we are in the mess we not have is because of the Ayn Rand acolyte, Greenspan. That said, Bernanke and Geitner were part of the Fed when all of this happened.

Also – Bernanke was supposed to be a student of the Depression. How could he not see some of this comming with the Repeal of Glass Steagle and the SEC relaxing capital standards.

A lot of people got hurt with these financial shennanigans and the Paul/Grayson light of day might help us.

The Bernanke confirmation hearing should be good theater and we need to keep a good supply of popcorn ready

It really depends on the Republican. So far, there are none I know of that I trust to have that sort of 24-7 power for 2 to 6 years.

It is much more useful to ally for specific issues where our principles and their rhetoric coincide. My guess is that Jim DeMint will not stand up to the banks. Jim Bunning is unpredictable. Who knows what he’ll do, giving his dissatisfaction that the leadership wants to shove him out of the Senate.

I support Jane Hamsher wholeheartedly. Finally, somebody bright enough to realize that the way to get things done is to pick your allies based on the fight at hand. There is no real Democratic or Republican party anymore. They’re one party with a few ethical members who are hampered at every turn.

I think Bunning and Voinovich are routinely overlooked as potential allies in specific battles. We ought to make a concerted effort to win over one of these guys; their unpredictability and lame-duckitude could really work in the American peoples’ favor the next 13 months.

Bravo! I raise my glass of beer in toast to you.

here we go, depression part Duex. Wish we had the really smart people around today who would put their own money on the line to save the country rather than just sitting it out like we did back in the last one. The bankers,the republician congress along with Sen Phil Gramm and Pres Clinton got us into this mess, looks to me like they are all going to walk away with lots and lots of money, meanwhile, those of us who tried to do a good job wind up getting screwed-as usual. The USA became the United Corporate States of America a long time ago. Congress is owned by the corporations, they could not care less for the voters(except during election season)and understand that we the people suffer from ADD and so will forget what they did to us, even going back to the video means nothing, they will simply lie their way out of anything. And of course we the sheeple will go quietly to slaughter once more.

The honeymoon is over. Way over.

BTW, class struggle, class struggle, class struggle. Nyeh nyeh nyeh nyeh nyeh.

This is a reality where someone -other than the liposuctionists- needs to be taking this money:
http://news.bbc.co.uk/2/hi/americas/8369674.stm

I don’t know why you people insist that very very smart guys are stupid, and are blundering, rather than that they’re actually wicked. In the same way, Obama gets a pass. He’s a poor idealist, trapped by naughty Rahm and a venal Congress into promoting conservative solutions that he really doesn’t like, rather than a very slick and clever conservative who talks progressive and walks to the right.

Also, lol at the guy who says we can have a class struggle but we can’t call it that, when you’re in the middle of a huge class struggle.

“The head of the US central bank said Saturday he was “concerned” by some congressional proposals aimed at regulating the US financial system that infringe upon the powers of the Federal Reserve.”

http://rawstory.com/2009/11/fed-chairman-pens-oped-panning-proposed-audit/