Truemors
is reporting from
Member
NP Rank:
NP Rank:
Bernanke’s approach seems simple because it is too simple
It isn’t about just adding any old job with fed money, jobs that will disappear when the money stops flowing. America’s strategy must be to add quality jobs in the private sector that result in Americans... Fed speaks mumbo jumbo before acting quantitatively
All that means is they are going to print some money. Topics in the mumbo jumbo gumbo mix include: · improvements in household finances... Bernanke Vote: Ben Bernanke Gets a Second Term in Senate Vote
Ben Bernake will get a second term as the Federal Reserve Chairman in a senate vote that took place today. The final vote count was 70-30 and this is just three days before Bernanke's first term was scheduled to end. A cloture vote had to be reached first however. President... Multiple Sources Report Bernanke in Doubt
I can't tell from a reading of the financial press whether this is second guessing, rumor, wishful thinking or otherwise, but there is a great deal of speculation going on in Washington regarding what the impact of President Obama's announcements with regards to the banking... 169 views | 8 recommendations | 6 comments
Time Person of the Year 2009: Ben Bernanke
Time Magazine's Person of the Year for 2009 is Ben Bernanke, Chair of the US Federal Reserve. In other words, Ben Bernanke is the man who is in control of the US money supply, and therefore a singularly powerful player on the world economic stage. It's not too surprising that...
created by Jordan Yerman | 2 years ago | updated 2 years ago
274 views | 34 recommendations | 8 comments
274 views | 34 recommendations | 8 comments
Could Hyperinflation Happen?
Theoretically, yes. Hyperinflation is a scary thought. Technical definitions vary, but while it could be argued that mild inflation can be a sign of a growing economy, hyperinflation is certainly never a good... Nouriel Roubini gets bullish
When the man they call, 'Dr. Doom' gets bullish its not like watching Mad Money. But nevertheless, Nouriel Roubini now sees light at the end of the tunnel. Roubini believes we will see the recession end... Buffett's gloomy economic predictions
The Oracle of Omaha says the worst is yet to come. " Warren Buffett doesn't see the "green shoots" Ben Bernanke and other bullish investors have spoken of in recent months. In fact, the billionaire investor... 'Helicopter Ben' Reborn as 'Banana Ben' Bernanke
Ben Bernanke earned the nickname "Helicopter Ben" for comments he made in a November 2002 speech, Deflation: Making Sure "It" Doesn't Happen Here, delivered at the National Economists Club in Washington, D.C. More... Fed Chief Bernanke Sees End to Recession
"Federal Reserve Chairman Ben Bernanke says he thinks the recession will probably be over by the end of this year but he still sees a risk there is not enough political will to stabilize the banking and financial...
created by Blaine Metzgar | 2 years ago | updated 2 years ago
158 views | 0 recommendations | 2 comments
158 views | 0 recommendations | 2 comments
Americans may be sleep walking into an economic Depression
Food stamps are the symbol of poverty in the U.S. In the era of the credit crunch, a record 28 million Americans are now relying on them to survive - a sure sign the world's richest country faces economic crisis.
We knew things were bad on Wall Street, but on Main Street... Employers cut 533K jobs in Nov., most in 34 years
"Employers cut 533K jobs in Nov., most in 34 years Dec 5, 2008 Economy Dec 5, 3:22 PM (ET) By JEANNINE AVERSA WASHINGTON (AP) - Skittish employers slashed 533,000 jobs in November, the most in 34 years,... Paulson and Bernanke Spread the Wealth Around
"During the campaign, Barack Obama provoked a media flurry and right-wing outrage over his comment to Joe the Plumber about "spreading the wealth around." They told us that this view was contrary to the American Way, that this was socialism. Given all the concern over... 159 views | 0 recommendations | 0 comments
This Is Not A Normal Recession: Moving on to Plan B
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...Indian stock market Sensex plunges 600 points
Indian Stocks had a bleak opening on Thursday with deepening worries over a prolonged global economic recession. The absence of confidence spurred a huge sell off across global markets. " Stocks opened almost 600 points down on Thursday with deepening worries over a prolonged...NowPublic on Facebook
Recent Comments
Top Members Today
Top Veterans
Top Rookies
