Re: Bearish Bernanke
PAW
6/30/2011 10:39:50 PM
Yes. He was at the Bill Clinton Economic Summit. Not kidding.
Did Geithner actually say this?
Is this the same way in which he was born to cheat on his Taxes???
Re: Bearish Bernanke
PAW
6/30/2011 10:26:38 PM
I heard Geitner say today that he wasn't going anywhere, in response to the question of whether he going to step down anytime soon. He also said that he was "born to do this". Really?
Re: Complacency
AskAsa
6/30/2011 10:45:08 AM
Are you kidding? No. Then again, can't say I ever did.
If you were Ben Bernanke, you'd see the glass as half empty, too. And he's not in any rush to drink the remaining hemlock. That's apparently OUR job as investors!
What's the only thing worse than being WRONG about the markets? That's right--being completely IMPOTENT! That is his legacy to the Fed...with no end in sight.
To be fair, Bernanke didn't take rates down to zero so that there were no arrows left in the quiver except for the disaster of QE2. But he presided over the latter and that makes him culpable.
Bernanke and his Fed-erific buddy, Tim Geitner should head out to sea in a small boat...without oars!
Re: Complacency
PAW
6/27/2011 11:57:49 PM
But what about all the "Hope and Change" that was so strongly promised a couple of years ago? Anyone have faith in that?
Re: Complacency
Tenacious
6/27/2011 1:22:00 PM
Maybe a lack of confidence is holding back our ability to succeed. In the 1960s, we went to the moon because we just started to believe it was possible. Somewhere along the way we lost our faith,
Re: Nobody has the the crystal ball
TelecomFreq
6/26/2011 4:57:27 PM
I sometimes think that it would be best to ignore the FED, but there is always something in the back of my mind that says the masses will not be so i have to react knowing that is the info that the genral public is going to run with, regardless if it makes any sense....
Optimisim
PAW
6/25/2011 11:32:01 PM
Yes, economic news is bad but history tells us that there is reason to be optimistic in the face of economic adversity.
“There is little likelihood that the national debt will be reduced substantially during the next generation”
From the The Wall Street Journal reported in May 1945. We made it through it then and I like to believe that we will once more.
Re: Complacency
PAW
6/25/2011 3:39:07 PM
Noreen, I like your comment about the little engine that could. Maybe if the Fed adopts an “I think I can, I think I can” attitude, we would all be better off.
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