Please note that all Deep Thoughts with Ben are satirical. They do not represent actual statements of Ben S. Bernanke.
If you have any suggestions for a "Deep Thought ..." please send them to bernankepanky at gmail dot com.
Deep Thoughts with Ben
- 2008-02-28: "There probably will be some bank failures." - Ben Bernanke before the Senate on February 28, 2008 (Yes, he actually said this)..)
- 2007-11-07: %$@$^#! (Re: China official's comments about diversifying away from weak currencies and into stronger currencies: NYT.)
- 2007-09-20: D'oh! (Re: Fed cutting the target rate a whopping 50 basis points, sending the markets through the roof and tanking the dollar: Blog post and spiking yields on T-bills as capital flight away from the dollar transpires.)
- 2007-09-18: Oops! (Re: Fed cutting the target rate a whopping 50 basis points, sending the markets through the roof and tanking the dollar: Blog post.)
- 2007-08-23: Things that make you go "Hmm..." (Re: Yahoo! Finance publishing two back to back articles, Jobless Claims Drop For First Time In A Month and Mortgage Job Losses Surpass 40,000.)
- 2007-08-21: Treating speculation that Warren Buffett is buying Countrywide as news? Why didn't I think of that? (Re: Speculation that Warren Buffett might buy Countrywide. Debunked within the article, itself, this was treated as big news and repeated over and over again across all channels of the mainstream media.)
- 2007-08-14: "What? Me worry? I moved everything to money market last week!!!" (Re: Sentinel money market fund suspends redemptions)
- 2007-08-07: "Cramer pwnd."
- 2007-08-05: "Why in tarnation would I capitulate to Jim Cramer by cutting the rate tomorrow? It aint gonna happen. Not now. Not ever. Well, maybe later."
- 2007-08-04: "Don't you call me an 'academic'! Don't you know who I am? I'm the Chairman of the Fed, B-TCH! I do know what's going on! I'll show you, Cramer ... I'll open the discount window WIDE ... Open it and throw you out!" (A hypothetical response by Ben S. Bernanke to Jim Cramer's name-calling, teary-eyed tirade/plea for the Fed to cut interest rates)
- 2007-08-03: "I'm gonna get Greenspan for leaving me with this mess." (RE: Alan Greenspan's blatherings about the innovations in the financial services industry back in 2005.)