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IPFS News Link • Economy - Economics USA

Bernanke Does Dallas

• - Garry Reed

Fed Reserve Chairman Ben Bernanke used a Dallas Regional Chamber luncheon on Wednesday to tell the American people what flibbertigibbetty fools we are.

The government, to make up for destroying the economy with two self-destructive wars, throwing around trillions of taxbucks like confetti to rescue their big banking buddies, imposing a vast health-careless boondoggle on a majority of people who repeatedly said they didn't want it, and nationalizing car companies in a naked power grab and then handing the keys to their union cronies, will now commence to punish us for allowing them to get away with their Racketeer Influenced and Corrupt Organization (RICO) behavior by heaping more taxes on us.

Bernanke, according to the Washington Post, blithely informed us that we (a) "may" have to accept higher taxes or (b) accept "changes" to Medicare and Social Security "if the nation is to avoid staggering budget deficits"

The "may" in the article is code for "absolutely will."