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Varchild2008 (83.96)

FIRE Bernanke Now! Day 2



November 07, 2010 – Comments (4)

Sarah Palin Hops onto Varchild / Glenn Beck's Bandwagon

Sarah Palin is offering her voice as an additional voice in opposition to Ben Bernanke's QE2...And for the same reasons and concerns that I have already espoused on this blog (Rising Grocery Prices, Rising OIL and Commodity Prices, artifical stock market prices, and etc).

While investors are all excited over P/E Multiples shooting up due to an influx of printed money going into the Stock Market out of the Treasury's Printing Presses,  Varchild2008  doesn't want any of that.

Here's the thing....  While I won't complain about seeing my stock prices go UP instead of precariously down, I want to see those prices go UP for legitamit reasons....having to do with...*ahem*....  GROWTH!!!!  

Not Growth of Government buying up stock.....  But Growth in Earnings and Sales and Asset Expansion and so on.....Growth in a stock's valuation is much more meaningful than the FED jumping into to artificially inflate the markets.

Sarah Palin is absolutely dead on in her analysis and I encourage you to check out the link.

Bottom line here...  Ben Bernanke should have been fired YEARS ago...and yet he continues to stick around playing *Slot Machine* with our country's financial future.

P.S.  Stock Tip Of the Week:  (FBC) is looking somewhat interesting.....especially at its ridiculously cheap share price and the gigantic amount of insider buying.....hmm....Watch list it at least?

4 Comments – Post Your Own

#1) On November 07, 2010 at 8:18 PM, starbucks4ever (91.45) wrote:

If Palin is against Bernanke, then I vote for him to stay!

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#2) On November 07, 2010 at 8:19 PM, Varchild2008 (83.96) wrote:

If that's true then I'll make sure to SHORT all stocks you Green Thumb!

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#3) On November 08, 2010 at 9:37 AM, Melaschasm (71.08) wrote:

My only complaint in the efforts to get rid of Ben Bernanke is that he is likely to be replaced by someone who holds the same basic economic beliefs.

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#4) On November 08, 2010 at 4:50 PM, Varchild2008 (83.96) wrote:

That's not true what-so-ever.  There was a CNBC, Kudlow Report, episode showing someone ready to take over Ben Bernanke's place with a very different view of chairmanship.

Unfortunately, I forget the Guy's name nor have I bothered to research his philosophy to see if I even agree with it or not.

But, it definitely was someone Kudlow kept saying had a very different view and the Guy had his own financial metric that he invented...or economic metric..or something.

*sigh*   But, this campaign to remove Ben Bernanke is not a campaign to replace him with a like minded TWIT.

Unless everyone on Planet Earth thinks 100% alike, which they do not, there are plenty of talented economics minds out there that can replace him.

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