Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
NO!
Made it worse.
We were saved from a depression?
Only if you believe that suicide prevents heart attacks.
HOWEVER, he might be the best central banker in the illustrious history of that breed, but no matter, when he drones, "it might take five or six years before we get back to full employment..." I know, clearly, that he doesn't get it. He's an academic, he doesn't understand the human engines of growth when acadademics just keep their greasy little hands off of them.
He's a national disaster, just like everyone else in this Administration from Hell.
All of the Goldman-Sachs executives, and all their friends at all the other finacial institutions, should have been personally bankrupted before 1 cent was spent to bail out their institutions.
All of the Goldman-Sachs executives, and all their friends at all the other finacial institutions, should have been personally bankrupted before 1 cent was spent to bail out their institutions.
Fixed it
Weak and Weaker
‘scuse me but aren’t the Dems’s saying that more UE benefits would help create jobs? Then what was all that back in the 1930’s called The Great Depression all about.Ok back then they called it welfare but jobs????
Imbecile!
Since that time he has been trying to keep the Democrat irresponsible economic policies from destroying the stop gap repairs he put in place.
I don't like what he has done but he has not been dealt a particularly good hand by our political leadership.
I don't know what else he could have done under the circumstances.
We are in for 10-12 rough years no matter what is done or not done. Bernanke’s moves so far have temporarily softened the initial blow, but he's walking a high-wire. There will be a payment later in the cycle for his early moves. We will have to see if that payment is worth its’ price later.
We won't know for at least decade how to judge Bernanke. This workout is just getting under way, there will be fits and starts and setbacks. Even if all the right guesses and moves are made (highly unlikely) we are going to experience low-growth for about decade compared to historical norms.
I don't agree with a lot that he has done, but I have to admit it's too early in this game make any judgments. We are still in the first quarter.
...the economy pick up while I was out getting coffee?
Propeller-head Bernanke has been busy out on the deck of the Titanic making sure that all the deck chairs are lined up just right. History will record that those chairs were looking mighty spiffy when the iceberg hit.
He will be the father of the great collapse. The sudden stop! We will wish that we had taken our Depression...Because Depression will not be a strong enough word for what is coming. And how the powers that be will use that for the next step in the plan is pretty scary too.
"No. The Bernanke did not."
No he is going one better and moving us toward a complete financial collapse. It will make the Depression look like a cake walk.