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Jun 12, 2012 | Posted by: roboblogger

The Fed's Tough Job Gets Harder In Election Year

Full story: National Public Radio

Federal Reserve Board Chairman Ben Bernanke hasn't said whether the central bank will act to further stimulate the economy.

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Makes sense

Dearborn Heights, MI

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#1
Jun 12, 2012
 

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How about raising interest rates, so people save or start getting loans, lending? Enough of the BS that we will have inflation. Stop the BS that hasn't been working for the last 30 years. Start reducing the money supply. The bank bailouts were the worst idea in the world. Middle class Americans have lost 39% of their wealth over the last three years. The 1% saw its wealth INCREASE over the same time. So where are the F'ing jobs? Lowered taxes haven't worked. We lost 20 years of saving and investing, while the fatcats got fatter.

It's time to elect Bishop Rmoney. He's our savior!!

Mormonism is the ONLY way to heavens and gods.

Since: Nov 08

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#2
Jun 12, 2012
 

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If Alan Greenspan and Ben Bernanke are such geniuses, how come we are in this mess in the first place. Trained monkeys could have done as good a job, if not better, than these two Bozos did. Obama is a fool for hiring him again. I bet every chef in America wants to spit in his food.

Since: Oct 08

Alpharetta, GA

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#3
Jun 12, 2012
 

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One word.....Barney Frank
Makes sense

Dearborn Heights, MI

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Jun 12, 2012
 

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Looks like Bush was weaker than we thought. A gay guy like Barney Frank destroyed Bush's place in history. It's no wonder Bush couldn't catch Bin Laden. He was too busy with Jeff Gannon to see what Barney Frank was doing.
JDC

El Paso, TX

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#6
Jun 12, 2012
 

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Interest rates are at a historic low. This is due in large part because of the FED's policies.

We are nearly 17 trillion in debt.

Interest rates will definitely rise in the future because they cannot go down and inflation will force them to increase the interest rate.

Our federal government has a horrible, horrible cash flow problem in light of the fact they finance over 40 cents on every dollar spent.

If interest rates go up just one percent, that will cost the USA an additional 170 billion in interest on the debt. What if interest rates go up 2 or 3 percent more? You do the math.

In 10 years we will be paying more interest on the debt than we do for defense.

How long do you think we can keep this nonsense up?

Frankly I give us about 5 years.

Since: Nov 08

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Jun 12, 2012
 

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Makes sense wrote:
Looks like Bush was weaker than we thought. A gay guy like Barney Frank destroyed Bush's place in history. It's no wonder Bush couldn't catch Bin Laden. He was too busy with Jeff Gannon to see what Barney Frank was doing.
US: Russia sending Syria attack helicopters
Tuesday - 6/12/2012, 1:48pm ET

By BRADLEY KLAPPER
Associated Press
WASHINGTON (AP)- The Obama administration said Tuesday that Russia is sending attack helicopters to Syrian President Bashar Assad's regime and warned that the Arab country's 15-month conflict could become even deadlier.

Secretary of State Hillary Rodham Clinton said the U.S. was "concerned about the latest information we have that there are attack helicopters on the way from Russia to Syria."

She said the shipment "will escalate the conflict quite dramatically."

WELL IT LOOKS LIKE PUTIN IS RENIGING ON OUR LATEST FAUX PAS ATTEMPT TO TRUST THE RUSSIANS.……I guess Putin doesn’t believe Obama is going to make that date to dismantle our missals defense.

“Open your eyes”

Since: Sep 09

Central Florida

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#8
Jun 12, 2012
 

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The only job that Bernanke should have is that of a prisoner stamping license plates.

Crook should be in jail. Just like Dymon, Blankfein, Daley, Holder, Bush, Napalitano, Geithner, Summers, Paulson, Graham, McCain, Obama, and we can keep going and going........
Makes sense

Dearborn Heights, MI

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#9
Jun 12, 2012
 

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Le Jimbo wrote:
<quoted text>US: Russia sending Syria attack helicopters
Tuesday - 6/12/2012, 1:48pm ET
By BRADLEY KLAPPER
Associated Press
WASHINGTON (AP)- The Obama administration said Tuesday that Russia is sending attack helicopters to Syrian President Bashar Assad's regime and warned that the Arab country's 15-month conflict could become even deadlier.
Secretary of State Hillary Rodham Clinton said the U.S. was "concerned about the latest information we have that there are attack helicopters on the way from Russia to Syria."
She said the shipment "will escalate the conflict quite dramatically."
WELL IT LOOKS LIKE PUTIN IS RENIGING ON OUR LATEST FAUX PAS ATTEMPT TO TRUST THE RUSSIANS.……I guess Putin doesn’t believe Obama is going to make that date to dismantle our missals defense.
You want to pay for THAT too? Our credit card is past the limit from the other two wars.

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