Comments on: Bernanke Unshaken By Bad Economic News

Fed Chairman Says High Unemployment, Skyrocketing Gas Prices Belie The Economy's Strength

[mythoughtsr]

I really would like to tell these people where to put their "economic indicators". They don''t care about the little person because, a) they are not one of them, b) they have substantial salaries and perks that they don''t suffer and c) they have never stood in an unemployment line in their lives. With the cost of food rising VERY fast, gas at ridiculous prices, energy and water costs surging and salaries being stagnant, his little comment about the downturn "waning" makes me sick. Come live the life and work the budget of the WORKING MAN in this country. THEN, you''ll see how the downturn is.

[johngoodnews]

Times are great if you''re buying cheap money for investment in assets which have lost a chunk of their value over the last year. So keep lowering that interest rate so I can buy low and sell high. Yippee Wheeeeeeee!!!!

[ahrats]

Higher enery price is boosting inflation, right. So why not put controls on these higher prices and bring them down? Oh, I forgot this is free market economy where speculation throws the whole thing out of wack. How much lower can you go on interests rates down to zero or maybe negative? Bernanke if I were you I''d quit now while the rest of the Bush Administation is jumpping the sinking ship. The energy prices are unreasonable because of speculation just like the reason why the housing market was inflated and crashed. The Republican mode of hands off regulations when investors can make outrageous amount of money is what need to change. Richard Nixon had it right with the windfall profit tax.

[Gary Kempf]

Bernanke Unshaken By Bad Economic News ;

Of course he is, his "blind trust" continues to grow.

[usmcvn2]

The price of gas & food, ect., ect., is making americans hate each other more than they already do. I see angry people taking the chit out one each every where I go. Keep your powder dry, its coming!

[oneworldusa]

I went out for some errands. I can''t BELIEVE what people are out there spending! The economy is quite good.

We''ve been sacrificing for months, based on the news, and will continue to be thrifty, because that''s the way we are, living below our means. So, if times really do turn bad, we are prepared.

[babooph]

None of the rich are worried-their massive tax cut has given them so much,the dividends will cover fuel ,war taxes & future major expences.

[babooph]

None of the rich are worried-their massive tax cut has given them so much,the dividends will cover fuel ,war taxes & future major expences.

[stn_sage]

Where do they find these idiots ? I have received three letters from senators this last week telling me the economy is great and that bush is doing a fine job. The sky is falling and they say qwe are looking at sunny skies
Posted by patriot12436 at 02:05 AM : Jun 10, 2008
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My response: I would guess they''re from Rep senators, but if they''re not; they certainly errantly supported Bush on numerous policies, so they desperately need to convince you that "everything" is OK!

Unfortunately, for them, you''re a thinker, and can see through their B.S.!

It''s really insulting that they would send out these ''rosy picture'' promos, in the hopes of getting your vote! But, they have to hope you''re stupid enough to believe it!! Well, enjoy!

[rudy654-2009]

Posted by patriot12436 at 02:16 AM

I wonder what it is like to be totally "domed"?

[rudy654-2009]

In the picture he looks like he is on sleeping pills. "Hmmm. um...yeah, the economy, yawn! like dude, it''s really, yawn! strong."

[patriot12436]

I just received an email about drilling for oil in enwar.
it also offered me the opportunity to send an email to president bush. I am currently overseas so am using my sons address to receive my mail stateside. I wrote and told him if he wakes up in the morning and the house is surrounded by FBI, not to be alarmed. I really don''t think they will take my email that seriously.

[patriot12436]

rickstas
If obam gets eleted we are totally domed. I don''t want McCain either.

[patriot12436]

vnvetran72, you like me couldn''t afford what he smokes, we don''t make that kind of money.

[patriot12436]

inventagod2
Bush should be worried about being executed but i don''t think he is smart enough. He believes his own lies.

[patriot12436]

Where do they find these idiots ? I have received three letters from senators this last week telling me the economy is great and that bush is doing a fine job. The sky is falling and they say qwe are looking at sunny skies. God i hope we can wait till election timne and get all these idiots out of office.

[samrensho]

He spews the party line and juggles the numbers. It''s an election year. The real measure is - do you have any money left over at the end of the month?

[ajaxtheleast]

Bernanke is going to "resist" our expectations.

It will be an epic battle of the third
dimention kind, THE PHYSICAL AGAINST THE PSYCHE !!!

I can hear the grunting and groaning
of a great tug of war ;

I EXPECT HIGHER!! / NO NO I SAY !!

YES! HIGHER!! / NO WAY !!

ANCHORS AWAY !! / NO! STEADY AS SHE GOES!!


And "UNDERPREDICTED"?

I understand, Ben, for a man with a beard
sculpted by Michaelangelo "underestimated"
is way to crass.

[naucoming4u]

As a government appointee... do you have to be correct in your findings?... NO!

As a government appointee... do you have to be mindful of your actions?... NO!

As a government appointee... do you have to care about the results of your actions?... NO!

Why?

Because in the highest levels of the Federal government no matter what happens, even in the worst case scenario (nuclear WW3), these government appointees will merely be SHELTERED from all that crumbles around them...

...including the entire country!

[ricklf1]

Somebody has to wake up Bernake please, and his buddy Bush. Their failed Economic policy has led this country to the brink of a 30''s style Depression. How many more times can the FED cut interest rates to pump up a dead economy. Just wait until the US Dollar is worthless against other currencies and we must pay of oil with EUROS....what then?