Wednesday, February 8, 2012
Quotes from the Austere Front, 2012
-Janet Napolitano speaking at the National Press Club (after the Davos Economic Forum) on the Department of Homeland security's switch from sniffing out terrorism to business and "guarding" the economy's supply chain
"One minute we're being told to do one thing; then, they tell us something else. Then, they modify that with something different, and in the end, it's scrapped and replaced with something even more brutal."
Nikos Tassos, a carpet salesman in Marathon discussing the Greek austerity measures being forced on them by the IMF
“MF Global is in its strongest position ever.”
-Henri Steenkamp, MF Global CFO exactly one week before MF Global's customer money "vaporized" into thin air
"Bernanke is aware that the money supply must increase rapidly in order for there to be enough capital to service our debt. Negative real interest rates and the continuous destruction of our currency is just business as usual in the United States. And the sad truth is that gold’s best friend is the man in charge of our central bank."
-Michael Pento, founder of Pento Portfolio strategies to King World News
Posted by J.S. Liberty at 11:25 AM
Labels: austerity mario monti janet napolitano nikos tassos henri steenkamp michael pento ben shalom bernanke