This is such a laugher.
I don’t see how, but I hope so.
and monkies might fly out of my oval orifice
so all this trillions of debt on our children’s backs is not necessary then.
What made the market rally today is that I sold everything and went totally to cash. My timing is always impeccably wrong.
Bernanke has a bad track record as a prophet.
It won’t end unless it’s with the same “smoke and mirrors” that caused this whole thing in the first place. The Great Depression will deepen throughout 2009 and maybe into 2010. And until it “bottoms”, we won’t be seeing a definite turnaround.
There will always be the little jogs up and down and some good news and some bad news, but the overall trend is going to be down, down and down, until the bottom is smacked into, hard...
Then we can work on building our way out of it, hopefully with solid gains, over several years and not more “smoke and mirrors” of the last decade or so...
It’s all due to BC telling BO to STFU...LOL.
Then stay the $%&k away from them.
and watch them tomorrow after the messiah speaks tonite...i guess he is going to try some upbeat talk tonite like slick willie advise huh...this should be a hoot...i saw a poll on cnn where a total of 61% of americans said they would not watch it at all and some would read about it later....
What a joke!...first it’s doom and gloom according to Zero then this crap statement from Bernanke? What bunch of Bozos! Of course the market stages a suckers rally to grab people stupid enough to get in!
Allow me to correct the title:
Bernanke: Recession may (the hope part) end in '09; Stocks don't crashclimb (the change part)
Peter Schiff Calls Fed Reserve Chief Ben Bernanke A Liar
http://www.youtube.com/watch?v=drJ6QxSO5gw
Bernanke must not be taking the effects of the Socialist solution into consideration. The problem that created the bigger problem isn’t the problem that is going to solve the bigger problem. It is going to keep making it bigger.
Whistling in the dark.