Posted on 09/15/2009 8:36:11 AM PDT by fiscon1
Federal Reserve Chairman Ben Bernanke says the worst recession since the 1930s is probably over.
(Excerpt) Read more at foxnews.com ...
roflmao at these asshats.....i suppose some of the messiahs flock will believe it and stand in line with their hands out...then there will be those of us that will continue to fight to make it on our own despite how bad it is out here....
That means that what we have now is the Democrat’s idea of a healthy economy.
yes but it was still down 5.7% from the same time last year...
Ben has officially drank the Kool-Aid.
I think he just misunderstood the question. He thought someone had asked him about his career.
So, if the recession is over, could someone explain that to the 16.8% of Americans out of a job.
And it means, the TARP, TARP II and TARP III, and the ‘stimulus’ was just the biggest heist ever pulled in the history of the world, eh?
Show us the jobs
The new Government Motors Tumbleweed. The only thing moving in new car lots.
False flag to sucker in investors before the bottom drops out and they lose all.
endgame cometh.
Bend down and grab your ankles its over.
THIS my friend needs to be the mantra for conservatives when this admin starts braggina but the economy getting better.
Exactly. The Dow is gaining on sucker money. Corporate books are being cooked. Chilly winds will be blowing this winter.
desperate ...
The lies have to be stopped to save the Republic
Bernanke . . . The Recession will be over when THE FED is ABOLISHED!
Free Market Rules!!!
Pack him in the VW Bug with Abbey Joseph Cohen and the rest of the economist. I wish one of these people would see one coming and warn us. Stocks went from 14,000 to 6,600 and he did not see it coming. Now stocks go from 6,600 to 9,600 and he sees a bottom
Reminds me of an old saying in my business ... "Don't tell me what to buy, tell me when to buy!"
I don't mean to single you out on this, there are numerous similar posts on this, and every other thread on this topic. When we say things like this, we sound just like the MSM did back in 2002 and 2003 in regards to that recovery.
It should be common knowledge among those undertaking intelligent conversation on the economy that job growth is a trailing indicator. We will be well into the recovery before anyone gets "shown the jobs." Deal with it. That's the way our economy works.
I take issue with the premise that the recovery is underway. I hope I'm wrong about that, but if we really are starting to recover out of the recession, then no way in hell was it as bad as it was made out to be. It may be the first real recession we've had since the early 80s, but it's not as bad as that one and isn't even in the same ballpark with the 30s.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.