Sunday, December 04, 2011

Next Episode: The Adventures of Uncle Ben Bernanke and QE3

Well, everyone knows the story. Last week, Uncle Ben Bernanke as an employee of Uncle Lavan opened up the floodgates of money to the entire world. Just call it QE3 (Quantitative Easing 3). The first two attempts at revving the American economy back to life were brought to you by QE1 and QE2. Both attempts failed miserably and made the Chinese very angry. The logic being: We the Chinese are buying all of your National Debt. And each year you are adding a trillion and a half to that debt. So what gives you the right to devalue our investment by printing all that new money? Well, this time duty called again. Italian interest rates last Monday were soaring near 8%. So who do the Europeans call on to water the entire world with money. Why, they call on Uncle Ben Bernanke. And by Wednesday interest rates in Europe had slid to 6.5% for Italian bonds, and many a stupid investor in the stock market had an orgy because Uncle Ben was watering the entire world. Well, it just so happens that in the 2nd Aliyah of VaYeitzei, Ya'akov instantly comes from his night in Beit El to Charan. He had just had visions of angels going up and down on a ladder reaching up to heaven. And boy did that angel of Esav go up so high that Ya'akov feared that he would not come down. but then HaShem starts to speak to him while he is asleep. And HaShem says, "I am HaShem, G-d of Avraham your father and G-d of Yitzchak; The ground upon which you are lying to you will I give it and to your descendants. Your offspring shall be as the dust of the earth, and you shall bust forth westward, eastward, northward, and southward; and all the families of the earth shall bless themselves by you and by your offspring. Behold, I am with you; and I will guard you wherever you go, and I will return you to this soil; For I will not forsake you until I will have done what I have spoken for you." After a series of pasukim recognizing that HaShem had folded up the earth underneath his head so that he could be in Beit El and Yerushalayim at the same time in which he speaks about the awesome dream that he had just had in such a holy place, he makes a vow about how the Third Temple which represents the third Patriarch, Ya'akov would be built there. And that it would be a House of G-d and that he would surely tithe to G-d on his return to Beit El and Yerushalayim.

Immediately Ya'akov arrives in Charan, and this is where it says that he went toward the land of the easterners. Now at that time the Torah was speaking about the Arameans, but from our perspective today, the Torah is obviously speaking about the Chinese. Well, then comes the bombshell. The Torah is breathless explaining the scene that Ya'akov beheld. It speaks in staccato format. He looked and behold....A Well in the Field...and Behold There were Three (that is three not two or four) Edrei Tzon (flocks of sheep) lying right beside it, for from that well they would water the flocks (the sheeple), and the stone on the mouth of the well was large. And all the flocks would be gathered there, and they would roll the stone from upon the mouth of the well and they would water the sheep(le); Then they would return the stone onto the mouth of the well, to its place.

Now 20/20 hindsight is always better than any attempt at predicting. So let us look at what is happening now. Uncle Ben Bernanke had already conducted QE1 and QE2 for all of the United States. This time he has been called to duty to save the entire Civilization that is on the brink of collapse. It is QE3 (as in three flocks of sheep) for the entire planet. At least that is how the brainchilds at the Federal Reserve are seeing it. So it is Uncle Ben's duty to water the entire planet with liquidity, and all the world's sheeple have been awaiting Uncle Ben to roll that rock from over the mouth of that wellspring of infinite resource called the Federal Reserve. Some people might call it a Creature from Jekyll Island, but nonetheless, Uncle Ben is performing his assigned duty at the behest of Uncle Lavan who is too tricky to show his face. So Ben why is your name not Ya'akov. Why is it Ben as in Benjamin? For that stay tuned for tomorrow's edition of "The Continuing Adventures of Uncle Ben Bernanke and QE3!"

For now I leave you with a conversation between Ya'akov and the shepherds who are sitting around waiting for someone to open up the wellsprings and give the world QE3. It is from The Midrash Says which often comes along and fills in the gaps in the written text of the Holy Tanakh (The Hebrew Bible). This is a classic. Think about whom Ya'akov is describing.

Ya'akov wanted to find out more about Lavan and asked, "What type of man is he, and what does he do? Does he live at peace with the citizens of Charan? The shepherds did not understnad the purpose of Ya'akov's inquiries and considered him an idle talker. "If you are interested in making conversation," they answered him, "here is Rachel, his daughter, coming out with the sheep. Ask her, snce women are talkative!"

At this point Ya'akov rebukes the shepherds, "Why do you sit around idly by the well? If you are employed, it is your duty to continue grazing the sheep until dark. If these are your own sheep (speaking about the recipients of QE1, 2, and 3), it is not yet time to gather them for the night! (In short Ya'akov is asking the shepherds why they are being so lazy.) The shepherds explained to Ya'akov that they were waiting for everybody to arrive in order to be able to roll the stone off the well and give water to the sheep. (In short they did not have enough muscle power to open up those wellsprings to water the entire world. They were waiting for someone like Ya'akov to show up and do it for them.) As they were speaking, Rachel appeared with Lavan's sheep......

Now citizens of planet Earth why are you waiting for Ya'akov in the form of Uncle Ben Bernanke to come by and water the entire planet for you? For that answer and for the answer to why is his name Ben and not Jacob or for that matter Alan Greenspan, tune in tomorrow for The Continuing Adventures of Uncle Ben Bernanke and QE3!

I will give you a hint. While Rachel showed up at the beginning of Ya'akov's 20 year stint at Lavan's house, Ben showed up at the end of Rachel's life when she called out the name Ben-Oni. Ya'akov immediately changed Ben's name to Binyamin. Think about where Rachel was then buried, and leave a comment about why it is Ben Bernanke who is watering the the entire planet with Lavan's liquidity. I am interested in the views of thinking people, not all the sheeple who like lemmings believed all the lies last week by pouring their last dollar in savings into the stock market.


Blogger Shimshon said...

Ben is not short for anything. Bernanke's full name is Ben Shalom Bernanke.

Otherwise, there is no question that the era of central banking and fraudulent money from nothing is about to end. The fraud has been going on for so long that the house of cards that is the world economy is far more perilous than 99% of people even understand.

12/04/2011 7:55 AM  
Blogger Dov Bar-Leib said...

Ah, so Ben Bernanke is Ben-Oni after all!! Not to worry. We already have a Binyamin. He is the Israeli Prime Minister. He even has a Yud Key Vav in his last name and therefore has the scent of Mashiach ben Yosef. But is he? Well Bibi has a problem. The kingship of MBY is matrilineal. Yes, the kingship of MBDavid is patrilinear, but for MBY it is matrilineal. So it does not necessarily help Netanyahu that the Yud Key Vav is in his last name.

Time will tell, a very short time. Until then Rachel is now pouring her heart out in the Heavenly Court. But she has been crying for all her children for the last 2700 years since the dissolution of the Northern Kingdom's monarchy. Yet, her little stiebel along the road next to BethLechem, is more on the road to Bavel from Yerushalayim. So she is there praying for her children to return from exile. But now we are at the end, the very end. And Rachel is davening for her children, and the Aliyah of her passing and the birth of Ben/Binyamin is the 6th Aliyah of this weeks parsha. Why that would be this Friday when all those European big wigs try to save the Euro! Imagine that! The 6th Aliyah concludes with the listing of Esau's 13 grandchildren including the mysterious Korach son of Eliphaz who is also listed as the son of Ohalibamah/Yehudith. This means that Eliphaz had an affair with one of his father's other wives. Uh oh. Who could that Korach be?

12/04/2011 1:47 PM  
Blogger Daniela said...

Thank you for your posts and I look forward to more. I do not agree fully with your analysis. Euro was killed in 1991 when it still was not printed, by Bush attacking and destroying Saddam Hussein who was well on his way to negotiate in ecu / euro the crude barrel. From then onwards, Euro has only been a burden for european competitivity and an advantage for US dollar. Unfortunately, because of stupid fantasies of Merkel who likes to play Arminialeh, Italy will be emptied out and then destroyed in order to blow up France.... and shortly afterwards, Germany will collapse, having no export market left. Most believe that at that point, Chinese liquidity will enter. Of course, in the meantime, given that they did basically a coup in Italy, and given the general EU situation, a lot of damage can potentially be done.
I also don't agree with Shimshon. The "ponzi schemes" and "money printing" are the wrong way to state something truthful, that is, that world's riches increase day by day, and that we have a lot available for redistribution, so that everyone on earth can live like yesterday's kings and better. I am sure that Moshiach will fix this, but for now, this role is played only by "markets' trust" and the like.

12/04/2011 2:33 PM  
Anonymous Anonymous said...

So next friday would be more or less day 40 of your financial Mabul wouldn't it? A Mabul that has indeed been on the news everyday. So that is very convincing. If it wasn't for that, honestly speaking, with your writings stretching from a sportsgame, to a volcano, to Benjamin =Benjamin means“the son of days” (בֶּן יָמִים) , because he was born in his (Jacob’s) old age, and it is spelled with a “nun” like“at the end of the days (הַיָמִין)” (Dan. 12:13).
strething to Ben Bernanke and what not.
If it wasn't for that, you would have lost me completly. But than again I am no Rabbi, just a Noahide. These Chiefs of Edom; I know Magdiel is Rome. It is all a bit to much to figure out by myself. They are all connected aren't they? NATO, kingdom of the North? Coming to Betlehem, as they came to the south into HaEretz in this weeks Tanach?
It is all about the pre'67 borders? HaShem taking away their wealth in a pre active strike?
What a cliffhanger. Why not tell us now?

12/04/2011 6:02 PM  
Blogger Vivian said...

Ben is acting like "Yosef" and "feeding the world" except this is not a Divine Mandate. Look for the Anti Semites to have more fuel to feed their hatred when QE3 makes things worse for the world. Hashem help all the Yidden when that happens.

12/04/2011 6:37 PM  
Blogger Dov Bar-Leib said...

Sorry if it is late here, but I wanted to answer a few points.
1. The 40 day mark after the 17th of Cheshvan from the beginning of the Great Flood is the 27th of Kislev which is the 3rd day of Chanukah. Yes, it has been a roller coaster since the 12th of Cheshvan when Italian rates first reached 7%. The world market gyrations have been spinning out of control. But the big dive as noted in my previous post about the VaYishlach Effect should either start this Wednesday, Dec. 7th, 2011 or Shabbat, Dec. 10th. If it starts on Shabbat, we will not see its effect on the markets until the next market day, Monday, Dec. 12th. So let's put an economic collapse warning out for the entire period Wed., December 7th until Monday, December 12th to see what transpires amongst the bumbling politicians, bureaucrats, and technocrats in Europe as they find their way out of all that PIIGS debt. So don't come to me later on December 8th and tell me that the December 7th, 2011 was not a date that will live in infamy. Wait until Monday, Dec. 12th to watch this theater of the absurd unfold. I have no idea what the world will look like on Tuesday, Dec. 13th, but it will likely not be what it looks like today. Will Lavan's money managers find a way to give a huge blast of liquidity to soften Europe's blow. It is possible. In the original story Lavan and Esav were not in cahoots with each other. Today they are. But the European chaos at the end of this week is almost a sure thing. How the effect of a goat tumbling over a cliff will effect the entire world is an open question. It really has never happened before. But in the science of chaos, G-d is in control.

Benjamin is not Son of Days. It means Son of the Right as in the right side of the sefirot representation of the ten sefirot of Elokut (G-dliness or His garment) in kabbalah. The right side is most likely associated with the male side. The female side is on the left. Rashi says that the right side of Eretz Yisrael is the south of Israel where Binyamin was born, but Rashi rarely if ever discusses Kabbalah. The Ramban (Nachmanides) is a good source for a peirush that takes Kabbalah into account. Same with Rabbeinu Bachya. As far as spelling days with an Aramaic plural ending as in Yamin instead of Yamim, I will need to look for someone who talks about that.

Daniella your perspective is always fascinating. Let me think about what you wrote.

Vivian: You are right on the money, literally and figuratively. If QE3 for the world fails to work, Ben and Alan Greenspan will be blamed, not Obama and Jon Corzine. This is a scary time to be a Jew in America. Stay safe.

Oh yes, Magdiel is Rome. NATO is definitely part of the kings of the north. And NATO is the only way to get Gomer (Germany) and Togarmah (Turkey) on the same page cooperating with each other. So NATO has an important place in Gog UMagog here in EY according to Ezekiel for the purpose of establishing a PA State and dividing Jerusalem. That might be in phase 2 of Gog UMagog though which will likely occur after at least 3 years of Mashiach ben Yosef.

12/05/2011 3:30 AM  
Anonymous Anonymous said...

It seems that as a historical role Benjamin is always needed to knock out Amalek since he was not born did not bow to Eisav. Not sure if this applies here.

In the war with Amalek in the midbar I don't recall how Benjamin was involved.

Shaul was the king of Israel from the tribe of Binyamin in war with Agag of Amalek.

Mordechai was of Binyamin when he destroyed Haman of Agag of Amalek.

WW-II Germany not sure if there is a Binyamin here.

Milchamat Amalek must have a Binyamin somewhere.

12/05/2011 8:39 AM  
Anonymous Anonymous said...

Dear Rabbi, i thought that originally you wrote that this financial downpour would start at the first of the month and that the 17Th was only a climax but never mind that. (things really started happening on that first Monday of November, as i recall, but you gave different time lines indeed, my mind made it into a 40 day thing)
Was also thinking that Laban did make some sort of a deal with Yacov, isn't that the good news?
Laban the substitute showering Santa instead of Yakov. It can only work temporarily.
And Korach is? Sarko maybe? In scripture Korach who sank into the earth is the same guy isn't he?
Or the former finance minister of Obama Mr Geitner, who is also traveling and meeting.

12/05/2011 2:39 PM  
Blogger Dov Bar-Leib said...

Ah yes, Anon., you are correct. I originally offered up as a strong possibility that the economic collapse would come more quickly, like in the year of the Flood. Yet, now there is His Torah in the World since the giving of the Torah 3324 years ago. At the time of the Great Flood this was not the case. So what seems to be happening is while He definitely has set up a world of Rome hanging over the abyss by the 17th of Cheshvan, He now wants to glorify His Torah. So at least for now, on this blog we will faithfully follow the Torah portion of the week as it seems to be affecting the entire world. And if the MBY portion of the Final Redemption continues to follow the Torah portion, so we will continue to look into the Torah in order to see it. This should take us through Purim at least when other factors besides the Torah portion begin to affect the events of the week. After Purim we have things like Torah ordained holidays and in some years Adar Sheini (Adar 2) that throw the Torah portion of the week into a frenzy where it, after Purim, no longer is tied to a particular week and month of the Jewish calendar. So the holidays and in some years Adar Sheini themselves exert a greater influence on the events of a particular time. But that is a long way off, at least 3 1/2 months away. So for now we will follow the Torah portion through VaYakhel. After VaYakhel we will see where the world is at and follow G-d's direction from that point.

12/05/2011 5:43 PM  

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