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Old 10-04-2011, 08:12 PM  
Caligari
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Join Date: Oct 2009
Location: At The Mountains Of Madness
Posts: 5,414
''close to faltering''

http://news.yahoo.com/bernanke-warns...214911972.html
Federal Reserve Chairman Ben Bernanke bluntly warned Congress on Tuesday of what most of America has sensed for some time: The economic recovery, such as it is, "is close to faltering."

Hmmm...thought the economic recovery has been faltering for a while...

And in an interesting admission-
The Fed chief was asked about protests around Wall Street, which went on for an 18th day as demonstrators railed against corporate greed and expressed frustration over the economy.
Bernanke replied: "I think people are quite unhappy with the state of the economy and what's happening. They blame, with some justification, the problems in the financial sector for getting us into this mess. And they're dissatisfied with the policy response here in Washington. And at some level, I can't blame them."
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