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  • February 28, 2008 at 11:15 AM #162222
    cr
    Participant

    BB is pathetic. Forget that he’s not comfortable in public; he can’t even answer questions about his role as the single most influential financial player in the world.

    IF Oil prices come down PPi will be contained… and how exactly does lowering rates help that?

    He clumsily dodged every question relevant to his role, and basically said I don’t know what I’m doing, but I’m going to act like I did because I studied the Great Depression at an Ivy league school.

    too bad this time really is different or Ben might not be worthless.

    February 28, 2008 at 11:19 AM #161922
    JWM in SD
    Participant

    JWM in SD

    Notice that he never wants to use the “D” word…ever. Also notice that he never talks about the source of the issue (monetary policy) only the symptoms (cpi, commodities, oil, lending).

    This all a big ruse to fool J6P and the idiot politicians who still don’t understand what RP is talking about. Why? Probably because he doesn’t want to start a panic in the markets if said what he was really thinking:

    Oh shit…DEFLATION…….

    February 28, 2008 at 11:19 AM #162252
    JWM in SD
    Participant

    JWM in SD

    Notice that he never wants to use the “D” word…ever. Also notice that he never talks about the source of the issue (monetary policy) only the symptoms (cpi, commodities, oil, lending).

    This all a big ruse to fool J6P and the idiot politicians who still don’t understand what RP is talking about. Why? Probably because he doesn’t want to start a panic in the markets if said what he was really thinking:

    Oh shit…DEFLATION…….

    February 28, 2008 at 11:19 AM #162232
    JWM in SD
    Participant

    JWM in SD

    Notice that he never wants to use the “D” word…ever. Also notice that he never talks about the source of the issue (monetary policy) only the symptoms (cpi, commodities, oil, lending).

    This all a big ruse to fool J6P and the idiot politicians who still don’t understand what RP is talking about. Why? Probably because he doesn’t want to start a panic in the markets if said what he was really thinking:

    Oh shit…DEFLATION…….

    February 28, 2008 at 11:19 AM #162218
    JWM in SD
    Participant

    JWM in SD

    Notice that he never wants to use the “D” word…ever. Also notice that he never talks about the source of the issue (monetary policy) only the symptoms (cpi, commodities, oil, lending).

    This all a big ruse to fool J6P and the idiot politicians who still don’t understand what RP is talking about. Why? Probably because he doesn’t want to start a panic in the markets if said what he was really thinking:

    Oh shit…DEFLATION…….

    February 28, 2008 at 11:19 AM #162319
    JWM in SD
    Participant

    JWM in SD

    Notice that he never wants to use the “D” word…ever. Also notice that he never talks about the source of the issue (monetary policy) only the symptoms (cpi, commodities, oil, lending).

    This all a big ruse to fool J6P and the idiot politicians who still don’t understand what RP is talking about. Why? Probably because he doesn’t want to start a panic in the markets if said what he was really thinking:

    Oh shit…DEFLATION…….

    February 28, 2008 at 12:52 PM #162326
    HereWeGo
    Participant

    The personal income/spending numbers tomorrow will be interesting, as will the reaction to the numbers.

    February 28, 2008 at 12:52 PM #162394
    HereWeGo
    Participant

    The personal income/spending numbers tomorrow will be interesting, as will the reaction to the numbers.

    February 28, 2008 at 12:52 PM #162308
    HereWeGo
    Participant

    The personal income/spending numbers tomorrow will be interesting, as will the reaction to the numbers.

    February 28, 2008 at 12:52 PM #162290
    HereWeGo
    Participant

    The personal income/spending numbers tomorrow will be interesting, as will the reaction to the numbers.

    February 28, 2008 at 12:52 PM #161998
    HereWeGo
    Participant

    The personal income/spending numbers tomorrow will be interesting, as will the reaction to the numbers.

    February 28, 2008 at 4:58 PM #162186
    cr
    Participant

    Phew….. I feel better. What a cute couple.

    “Bush, Fed Chief See No Recession Ahead”

    http://biz.yahoo.com/ap/080228/bush_bernanke.html

    “I don’t think we’re headed to a recession, but no question we’re in a slowdown,” Bush said.

    Maybe Bush thought they mean recess.

    “I realize that my testimony wasn’t the most cheerful thing you’ll hear today … but I do very much believe that the U.S. economy will return to a strong growth path with price stability,” Bernanke told the Senate Banking… right before he promised to slash rates furthe just to spite RP for making a fool out of him.

    “I don’t anticipate stagflation,” he told lawmakers. “I don’t think we’re anywhere near the situation that prevailed in the 1970s.” Bernanke said he expects inflation to calm down… as he loads the printing presses up for another all nighter.

    (…comments added.:)

    February 28, 2008 at 4:58 PM #162483
    cr
    Participant

    Phew….. I feel better. What a cute couple.

    “Bush, Fed Chief See No Recession Ahead”

    http://biz.yahoo.com/ap/080228/bush_bernanke.html

    “I don’t think we’re headed to a recession, but no question we’re in a slowdown,” Bush said.

    Maybe Bush thought they mean recess.

    “I realize that my testimony wasn’t the most cheerful thing you’ll hear today … but I do very much believe that the U.S. economy will return to a strong growth path with price stability,” Bernanke told the Senate Banking… right before he promised to slash rates furthe just to spite RP for making a fool out of him.

    “I don’t anticipate stagflation,” he told lawmakers. “I don’t think we’re anywhere near the situation that prevailed in the 1970s.” Bernanke said he expects inflation to calm down… as he loads the printing presses up for another all nighter.

    (…comments added.:)

    February 28, 2008 at 4:58 PM #162497
    cr
    Participant

    Phew….. I feel better. What a cute couple.

    “Bush, Fed Chief See No Recession Ahead”

    http://biz.yahoo.com/ap/080228/bush_bernanke.html

    “I don’t think we’re headed to a recession, but no question we’re in a slowdown,” Bush said.

    Maybe Bush thought they mean recess.

    “I realize that my testimony wasn’t the most cheerful thing you’ll hear today … but I do very much believe that the U.S. economy will return to a strong growth path with price stability,” Bernanke told the Senate Banking… right before he promised to slash rates furthe just to spite RP for making a fool out of him.

    “I don’t anticipate stagflation,” he told lawmakers. “I don’t think we’re anywhere near the situation that prevailed in the 1970s.” Bernanke said he expects inflation to calm down… as he loads the printing presses up for another all nighter.

    (…comments added.:)

    February 28, 2008 at 4:58 PM #162584
    cr
    Participant

    Phew….. I feel better. What a cute couple.

    “Bush, Fed Chief See No Recession Ahead”

    http://biz.yahoo.com/ap/080228/bush_bernanke.html

    “I don’t think we’re headed to a recession, but no question we’re in a slowdown,” Bush said.

    Maybe Bush thought they mean recess.

    “I realize that my testimony wasn’t the most cheerful thing you’ll hear today … but I do very much believe that the U.S. economy will return to a strong growth path with price stability,” Bernanke told the Senate Banking… right before he promised to slash rates furthe just to spite RP for making a fool out of him.

    “I don’t anticipate stagflation,” he told lawmakers. “I don’t think we’re anywhere near the situation that prevailed in the 1970s.” Bernanke said he expects inflation to calm down… as he loads the printing presses up for another all nighter.

    (…comments added.:)

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