More (Dumb) Questions Than (Dumb) Answers

[skipbreakfast]

skipbreakfast post=5228 wrote: 10) Should I be suspicious that you introduced this massive plan for easing within the same four-week window as both China’s and Europe’s big quantitative easing? I mean, seriously–what bad thing do you know about that we don’t? Greece is about to exit isn’t it?

Quoting myself and responding to myself…yikes, I swear I’m not all that narcissistic. But I did get a kick out of the fact my question beat Tyler Durden at Zero Hedge to the punch:

why did Bernanke go full retard yesterday? Data didn’t exactly scream ‘panic’ mode. Perhaps he knows something about this weekend in Europe and wanted to get out in front of it?

https://www.zerohedge.com/news/bernanke-koolaid-steals-draghi-punch-spanish-bonds-slide

I still swear he (they) read the comments on TAE…and everywhere else, I’m sure. Then again, that’s probably the narcissism talking.

I actually would imagine that the Fed’s panic button pushing yesterday is more likely anticipating something a couple months away rather than this weekend. Oh, like January 1st maybe? After the US election anyhow. Just guessin’.

[bluebird]

Bernanke probably knows more about what is going on behind the scenes than we do. Timing is everything.

Also, there were several U.S. embassies attacked this week. Seems odd to me these attacks were due to a youtube video. More likely these were coordinated attacks timed to the 9/11 anniversary that unfortunately killed an ambassador and 3 other Americans, and then using the video as a cover-up. But what do I know.

[Golden Oxen]

I also get the feeling the Fed is in panic mode.

Something is very rotten in the state of Denmark that we know nothing about.

JP Morgan losses?

Derivative implosion?

Shock at tepid recovery?

Big European Banks under?

Could be anything, but I think I sense fright from the Fed, or maybe desperation is more accurate.

[skipbreakfast]

It does seem desperate, I agree.

It’s scaring the living pants off of people too. Which is exactly what Bernanke wants. He wants to smoke us out of our caves and into “the markets”. So we’re scared… I wonder if you’re right, and he’s actually scared too. I think he might very well be.

[Golden Oxen]

I think deflation is what he worries about most. Would I hate to be the person in charge of the economy in a deflationary bust. A sure path to the old Guillotine me thinks.

[jal]

Maybe they are worried about the dirty laundry.

https://www.bbc.co.uk/news/business-19570840
UK-based banks accused of massive mis-selling in Italy

The London-based banks who were accused of mis-selling Swaps to Italian local authorities now face numerous civil and criminal proceedings by multiple Italian cities.

[Nassim]

I can’t help thinking that this film was somehow staged. I really can’t believe that a Copt can be that daft. However, there are loonies in all religious denominations.

The overlap with 9/11 cannot be fortuitous. I think stuff like the film below are beginning to go mainstream and something has to be done to prove once more that Moslems are all all fanatics and primitive:

[Author]

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