Ben Bernanke Puns

https://charleshughsmith.blogspot.com/2021/10/americas-bottom-50-have-nowhere-to-go.html

One might anticipate that the bottom 50%'s meager share of the nation's exploding wealth would have increased as smartly as the wealth of the billionaires, but alas, no.

America's economy has changed in ways few of the winners seem to notice, as they're too busy cheerleading their own brilliance and success. In the view of the winners, who just so happen to occupy all the seats at the media-punditry-Federal Reserve, etc. table--the rising tide of stock, bond and real estate bubbles are raising all boats. What's left unsaid is  except for the 50% of boats with gaping holes below the waterline, i.e. stagnant wages and a fast-rising cost of living.

The truth the self-satisfied winners don't include in their self-congratulatory rah-rah is there's no place for the bottom 50% of American households to go but down. All the winnings flow to those who already owned assets back when they were affordable-- the already-wealthy--whose wealth has soared as assets have shot to the moon while the the burdens of inflation and debt service hit the bottom 50% the hardest.

This is what Apes are up against

Apes must build their mental strength and their diamond hands

SEC and CFTC and Government may not do anything. Buy and Hold might be the only solution

A) Ben Bernanke -> https://en.wikipedia.org/wiki/Ben_Bernanke

Chair of the Fed Reserve from Feb 1st, 2006 to Jan 31st, 2014

This is one of the most powerful positions in THE WORLD

Criticism of the Fed -> https://en.wikipedia.org/wiki/Criticism_of_the_Federal_Reserve

Now: Senior Adviser to Citadel -> https://www.citadel.com/leadership/dr-ben-s-bernanke/

Fed is the Central Banking system of the United States -> https://en.wikipedia.org/wiki/Federal_Reserve

Central Control of the Monetary System

They control the money supply

B) Most recent Head of the CFTC Heath Tarbert -> https://en.wikipedia.org/wiki/Heath_Tarbert

Now is Chief Legal Officer at Citadel -> https://www.citadelsecurities.com/leadership/heath-tarbert/

CFTC -> This is the Commodity Futures Trading Commission that oversees Futures, Swaps, Options

It is to Options and Futures and Swaps, what the SEC is to stocks

They are supposed to regulate things like Future Swaps - which is what Citadel and other Short Hedge Funds are using to hide shorts (according to Criand DD post)

C) SEC Former Director Stephen Luparello -> https://www.theocc.com/Company-Information/Board-of-Directors/Stephen-Luparello

Now -> General Counsel at Citadel

Now -> On Board of the OCC -> https://www.theocc.com/Company-Information/Board-of-Directors/Stephen-Luparello

Bonus: He has 16 years at FINRA

Credit: https://www.reddit.com/r/Superstonk/comments/nsoiq7/i_just_found_out_citadel_hired_exsec_director/

BONUS!!!

D) SEC former officials now working at Citadel

Source: https://dealbreaker.com/2017/04/citadel-regulator-revolving-door

Source: https://www.reuters.com/article/citadel-luprello-idUSL2N1HC209

D1) Gregg Berman, lead investigator at SEC for 2010 Flash Crash -> works at Citadel

D2) Glen Nixon, headed Midas platform which SEC uses to monitor markets -> w

I saw Ben Bernanke at a grocery store in Los Angeles yesterday. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for photos or anything. He said, “Oh, like you’re doing now?” I was taken aback, and all I could say was “Huh?” but he kept cutting me off and going “huh? huh? huh?” and closing his hand shut in front of my face. I walked away and continued with my shopping, and I heard him chuckle as I walked off. When I came to pay for my stuff up front I saw him trying to walk out the doors with like fifteen Milky Ways in his hands without paying. The girl at the counter was very nice about it and professional, and was like “Sir, you need to pay for those first.” At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter. When she took one of the bars and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any electrical infetterence,” and then turned around and winked at me. I don’t even think that’s a word. After she scanned each bar and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly.

Citadel has Ben Bernanke listed as a “senior advisor”. I find it interesting that Citadel seems to love paying Chairs of the Federal Reserve…

Interestingly enough also both of these chairs seem to be doing identical activities around times of market instability.

How the fuck is this even allowed!

EDIT: I am an ape using a computer. So I make mistakes . But misinformation is not a goal. Bill Gross left pimco in 2014. Bernanke came in April 2015. But the guy that replaced the bond king isn’t much better. He isn’t running PIMCO anymore, he is actually in jail! His name is Douglas Hodge who plead guilty in the NCAA scandal that got aunt Becky from full house in trouble. So Ben was still advising that guy. I have no idea what he advised. He might have advised him to stop committing fraud for all I know. My point is only that it’s another company that is awful. The new guy in PIMCO is Emmanuel Roman. I didn’t look into him to deep.

But PIMCO according to fintelfintel

2020-11-24 - PQIIX - PIMCO Dividend and Income Fund Institutional Class has filed a NPORT-P form disclosing ownership of 30,329 shares of GameStop Corp. (US:GME) with total holdings valued at $309,355 USD as of 2020-09-30. PQIIX - PIMCO Dividend and Income Fund Institutional Class had filed a previous NPORT-P on 2020-08-27 disclosing 42,157 shares of GameStop Corp. at a value of $182,961,000 USD. This represents a change in shares of -28.06 percent and a change in value of 69.78 percent during the quarter.

So anyway... they were very connected at least to the January jump. I wonder how they will react to the rocket.

I don’t know what all this means except Ben Bern has some connections to some shady stuff.

Again I was wrong about things. I am learning. Thanks for those who helped me learn.

Original post. So here is where my chase after the white rabbit has led me. Ben Bernake is senior advisor at Citadel and Pimco. He was the chair of the federal reserve from 2006 to 2014. He took a lot of heat from the public for his bailouts to to wall street. From what my crayon eating brain read, He basically screwed over AIG and their share holders. I read this to find that. He even made up an alias named Edward Quince to hide emails. Source. So that is shady.

Now it gets fun. He is a Senior advisor for 2 companies. Citadel and Pimco, another investment management company deep in GME shorts.

PIMCO is run by a guy named Bill "The Bond King" Gross. [It's how he refers to hi