''close to faltering'' - GoFuckYourself.com

Caligari · 10-04-2011, 08:12 PM

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."

NALEM · 10-04-2011, 09:45 PM

If those words are true, it is about time someone in a senior position of influence admits that our government and the financial institutions they have supported for so long have failed the people big time. I wish most of Congress and Senate from both main political parties would just resign.

BIGTYMER · 10-04-2011, 10:56 PM

It's all an excuse to give wall street more of OUR money.

10-04-2011, 08:12 PM	#1
Caligari Confirmed User Industry Role: 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." __________________ ATTN Webmasters Cruel Bucks - LIVE Gonzo Does Not Pay ------------------------------------------------ Animal Rescue Click Here to Feed An Animal for Free

10-04-2011, 09:45 PM	#2
NALEM Confirmed User Industry Role: Join Date: Nov 2010 Location: Where ever Delta flies Posts: 3,134	If those words are true, it is about time someone in a senior position of influence admits that our government and the financial institutions they have supported for so long have failed the people big time. I wish most of Congress and Senate from both main political parties would just resign. __________________ "The time men spend in trying to impress others they could spend in doing the things by which others would be impressed."

10-04-2011, 10:56 PM	#3
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	It's all an excuse to give wall street more of OUR money.