Bernanke and the Fed are starting to panic…

[Arraya]

I don’t know SD. I highly doubt Obama is going to be able to kick the can down the road.

I think it’s going to happen fall-spring.

There is a lot of international maneuvering going on right now to get away from the dollar

http://www.guardian.co.uk/business/feedarticle/8537671

Medvedev says perception of the U.S. dollar has changed
* Warns of accelerating global inflation
* Kremlin says Bretton Woods system needs reform
MOSCOW, June 2 (Reuters) – The world needs a wider range of reserve currencies because the economic crisis in the United States has changed perceptions of the dollar, Russian President Dmitry Medvedev said in an interview published on Tuesday.

[5yearwaiter]

[quote=Bob]During the past four days, the Federal Reserve has made a few statements that were leaked to the press that are very interesting…

One is a Reuters story by Alister Bull.

What this article really suggests is that Bernanke and the Federal Reserve have no idea what is really going on and they are spooked. How they eventually react will decide the fate of the US economy and the housing recovery. One thing I can confidently predict is that mortgage rates will be considerably higher by the end of the year, which will put further downward pressures on prices.[/quote]

Bob, your prediction is going to be true and here is the latest magic word from Bernanke – well there is no particulars about “slow” like a decade….. Below link is today’s news

http://money.cnn.com/2009/06/03/news/economy/bernanke_housebudget_testimony/?postversion=2009060310

[5yearwaiter]

[quote=Bob]During the past four days, the Federal Reserve has made a few statements that were leaked to the press that are very interesting…

One is a Reuters story by Alister Bull.

What this article really suggests is that Bernanke and the Federal Reserve have no idea what is really going on and they are spooked. How they eventually react will decide the fate of the US economy and the housing recovery. One thing I can confidently predict is that mortgage rates will be considerably higher by the end of the year, which will put further downward pressures on prices.[/quote]

Bob, your prediction is going to be true and here is the latest magic word from Bernanke – well there is no particulars about “slow” like a decade….. Below link is today’s news

http://money.cnn.com/2009/06/03/news/economy/bernanke_housebudget_testimony/?postversion=2009060310

[5yearwaiter]

[quote=Bob]During the past four days, the Federal Reserve has made a few statements that were leaked to the press that are very interesting…

One is a Reuters story by Alister Bull.

What this article really suggests is that Bernanke and the Federal Reserve have no idea what is really going on and they are spooked. How they eventually react will decide the fate of the US economy and the housing recovery. One thing I can confidently predict is that mortgage rates will be considerably higher by the end of the year, which will put further downward pressures on prices.[/quote]

Bob, your prediction is going to be true and here is the latest magic word from Bernanke – well there is no particulars about “slow” like a decade….. Below link is today’s news

http://money.cnn.com/2009/06/03/news/economy/bernanke_housebudget_testimony/?postversion=2009060310

[5yearwaiter]

[quote=Bob]During the past four days, the Federal Reserve has made a few statements that were leaked to the press that are very interesting…

One is a Reuters story by Alister Bull.

What this article really suggests is that Bernanke and the Federal Reserve have no idea what is really going on and they are spooked. How they eventually react will decide the fate of the US economy and the housing recovery. One thing I can confidently predict is that mortgage rates will be considerably higher by the end of the year, which will put further downward pressures on prices.[/quote]

Bob, your prediction is going to be true and here is the latest magic word from Bernanke – well there is no particulars about “slow” like a decade….. Below link is today’s news

http://money.cnn.com/2009/06/03/news/economy/bernanke_housebudget_testimony/?postversion=2009060310

[5yearwaiter]

[quote=Bob]During the past four days, the Federal Reserve has made a few statements that were leaked to the press that are very interesting…

One is a Reuters story by Alister Bull.

What this article really suggests is that Bernanke and the Federal Reserve have no idea what is really going on and they are spooked. How they eventually react will decide the fate of the US economy and the housing recovery. One thing I can confidently predict is that mortgage rates will be considerably higher by the end of the year, which will put further downward pressures on prices.[/quote]

Bob, your prediction is going to be true and here is the latest magic word from Bernanke – well there is no particulars about “slow” like a decade….. Below link is today’s news

http://money.cnn.com/2009/06/03/news/economy/bernanke_housebudget_testimony/?postversion=2009060310

[Bob]

I know this might sound shocking to some of the readers, but at this point, I’m almost hoping for a massive increase in interest rates, and perhaps even hyper-inflation. Unfortunately, that might be the only way to stop the jokers in Washington from continuing their spending spree. And it also might cause voters to boot the socialists out of congress in 2010. Short term pain might result in long term gain.

[Bob]

I know this might sound shocking to some of the readers, but at this point, I’m almost hoping for a massive increase in interest rates, and perhaps even hyper-inflation. Unfortunately, that might be the only way to stop the jokers in Washington from continuing their spending spree. And it also might cause voters to boot the socialists out of congress in 2010. Short term pain might result in long term gain.

[Bob]

I know this might sound shocking to some of the readers, but at this point, I’m almost hoping for a massive increase in interest rates, and perhaps even hyper-inflation. Unfortunately, that might be the only way to stop the jokers in Washington from continuing their spending spree. And it also might cause voters to boot the socialists out of congress in 2010. Short term pain might result in long term gain.

[Bob]

I know this might sound shocking to some of the readers, but at this point, I’m almost hoping for a massive increase in interest rates, and perhaps even hyper-inflation. Unfortunately, that might be the only way to stop the jokers in Washington from continuing their spending spree. And it also might cause voters to boot the socialists out of congress in 2010. Short term pain might result in long term gain.

[Bob]

I know this might sound shocking to some of the readers, but at this point, I’m almost hoping for a massive increase in interest rates, and perhaps even hyper-inflation. Unfortunately, that might be the only way to stop the jokers in Washington from continuing their spending spree. And it also might cause voters to boot the socialists out of congress in 2010. Short term pain might result in long term gain.

[partypup]

[quote=Rt.66]Why don’t they just ask? Hey I noticed you bought tons of short term and no long, can you tell us why? Work you way down the list.

Actually CHina has already told us why, haven’t they?

They think our debt is “Rubbish”. [/quote]

LMAO. You nailed it, Rt.66. I would love to see any reporter still outfitted with a spine stand up to Gibbs at the next press conference and ask him that. How much fun would it be to watch that gutless wonder sputter and fumble for an answer?

[partypup]

[quote=Rt.66]Why don’t they just ask? Hey I noticed you bought tons of short term and no long, can you tell us why? Work you way down the list.

Actually CHina has already told us why, haven’t they?

They think our debt is “Rubbish”. [/quote]

LMAO. You nailed it, Rt.66. I would love to see any reporter still outfitted with a spine stand up to Gibbs at the next press conference and ask him that. How much fun would it be to watch that gutless wonder sputter and fumble for an answer?

[partypup]

[quote=Rt.66]Why don’t they just ask? Hey I noticed you bought tons of short term and no long, can you tell us why? Work you way down the list.

Actually CHina has already told us why, haven’t they?

They think our debt is “Rubbish”. [/quote]

LMAO. You nailed it, Rt.66. I would love to see any reporter still outfitted with a spine stand up to Gibbs at the next press conference and ask him that. How much fun would it be to watch that gutless wonder sputter and fumble for an answer?

[partypup]

[quote=Rt.66]Why don’t they just ask? Hey I noticed you bought tons of short term and no long, can you tell us why? Work you way down the list.

Actually CHina has already told us why, haven’t they?

They think our debt is “Rubbish”. [/quote]

LMAO. You nailed it, Rt.66. I would love to see any reporter still outfitted with a spine stand up to Gibbs at the next press conference and ask him that. How much fun would it be to watch that gutless wonder sputter and fumble for an answer?

[Author]

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