Recession not depression

[nyguat7]

"What was the best thing for the American public?"  BS ALERT BSBSBSBSBSBSBSBSBSBSBSBSBSBSBS­BSBSBSBSBSBS!!!!!!

BULLSH!+ METER OFF THE CHARTS!!!!!!!!

[MstrMnd420]

I wish I could rob that mother fucker Bernanke and distribute his wealth to the poor and hungry.

[meetmeineleusis]

Of course its not a depression. It's never a depression when the kikes can still afford to eat.

[mozaks80]

well at least this'll shut some of the noisy nationalists up with all their trash talk

[lahlou911]

Amrica is in RECESSION, not because Dems or republicans, and it wont b solved cuz Obama is in the white House. You Guys just live with , mmmmkaaaay

[Corghtoga]

I don't know the exact number, but I believe it was Clinton that got the unemployment record of 5% back then. Let's not forget...Bush got it to near 4%. How can you talk bad about Bush(atleast when republicans were in House and Senate passing good bills), then dems get in House and Senate for the past 2 years screwing everything up.

[Corghtoga]

4 tril given to big co's created many jobs...get some real facts.

[ghanick]

lying son of a bitch bastard

[brent85243]

we will see the Great Recession not Depression

[MillionthUsername]

What a liar. It's a freakin' top-down monopolistic cartel. Shut up about markets already. The financial system is a "market" only in the sense that we have no choice but to participate in it. And by the way, it just failed, Ben. The magical mystery tour is coming to take you away. :-/

[KingOrmond]

Dollars = tax 25%, defence 5%, medical 12%..

but

Dollars = debt over 500%! (loan 10 years)

[KingOrmond]

Great Depression II not recession

[SPUNKGIVER]

this is a real recession thats why usa or uk cant contrive another terrorist attack. they need tourist cash too bad. glad i dont got arms shares.

[kkklownknight6699]

Minor recession are these people fucking serious?

These morons are talking about the Federal reserve regulating the economy like it's a good thing when the Federal reserve was the one that got America into this mess in the first place.

[AntiVenomFangX]

@kkklownknight6699

how did the federal reserve do it?

[Socalplyr213]

u ppl need to be educated read books!

[dan020350]

If there is a recession or a depression a hero will come out of it

[tuzmor]

Yes! A savior! Like Hitler

[ZaphedBeebleBrox]

The great equalizer is happening. Party is over .

[Simpateeko]

Recession not depression?? LOL! HA

Any pre WW2 recession was called a depression. They just changed the language because the word 'depression' conjured up strong negative memories.

[skanicum]

unemployment rising, more strain on welfare and housing market

housing market crashing, no money for new houses effects

many industries, increasing unemployment

runaway government spending, $3,500,000,000 (Three billion

five hundred million) a day spent by politicians

Maybe we are headed for a recession/depression?

[skanicum]

disunity at home, a house divided against itself will not

stand, how can a moslem, a jew, a christian, a hindu,

a buddhist, a wiccan, and an atheist be unified when most

core beliefs are diametricly opposed?

over value stock market, if you liquidate all assets of

most any company traded on wall street, less than 10%

of traded value would be recouped.

[skanicum]

shipping jobs overseas, $25.00 per hour job for Paul

in seattle goes to achmed in india for $3.00 per hour

Paul goes on welfare or takes much lower paying job and

can't make house payments so house goes into default.

trade deficit, More goods come into country than we ship

out and more money goes out of country than what is made.

[skanicum]

peak oil, sky rocketing fuel prices

loss of faith in dollar,inflation, hyperinflation, what

good is $3000.00 per month pension when hyperinflation

drives buying power to $300.00 a month?

illegal immigration,extra strain on welfare system

(foodstamps,free medical,welfare) driving down of wages,

wages sent to families in mexico instead of staying in

country.

[ProphetOfYah]

Does anyone buy what Bernanke is saying here? He appears rather unnerved and clueless about how to move. At least he knows all about the Great Depression!

[cuttheraceistheads]

i hope this happens because then we can by some houses any body disagree then contact me and let me no why

[WinkenBlinkenAndNod]

why don't you buy one now ? prices are good.

[landongendur]

I'm thinking that we're just seeing the tip of the iceberg. I think home prices will fall much further more.

[layishevik]

This is the era of socialized capitalism or industrical feudalism. The era of privatized profits and socialized losses based on a fiat currency and fractional reserve banking that enslaves the entire world to big banks. Tax payers bail out the investment banks that caused to inflationary housing bubble while they have their homes repossessed. Americans now pay the cost of their slavery to big banks. This is the worlds largest criminal conspiracy.

[OneHourDesign]

Please look at Ben's body language when he says that there are differences between now and the 30's. His eyes wander on the table and this sign means inequivocably that he does not know what the truth is but is making up something. He loses eye contact with the camera every time he is making up something. Check it out ;)

[zanhawk]

I think recession is about to hit soon

its inevitable but i highly doubt a depression is in sight at all

[ofInterestNZ]

The surprising speech by Reserve Bank Governor Alan Bollard on Wednesday suggesting that banks and businesses may be over-reacting to the credit crunch and talk of an economic slowdown poses the question: Are we talking ourselves into a recession? The short answer is no, but it's worth addressing the issue in depth.

Essentially, if we have a recession, it is because we deserve it, not because we've accidentally talked ourselves into a recession.

[dave98503]

We are just

in a rough patch

as Dick Cheney has said.

Screw you all you fear mongers.

[falcon2154]

And you believe that sob cheney. Shows how smart u are

[azulchica]

Cheney has already dumped his dollars

[vikingscool]

We headed into the economic depression! NO!

It's outrage for some people who lost their

jobs. AAGGGH!

[paco91]

OOOOOOOooo MY FUCKING Go..Gosh!!!

america is gunna be screwed...im scared

JFK WHY DID U LEAVE US!!!!!!!!!!!!!!!!!!!!!!!

OSWALD UR A HOMO!

[gennx30]

1939 will seem like a picnic

but then, theyve predicting crashes for years

and nothings happened

But this time it may be a little different...

[gennx30]

Poor Ben-he's between a rock and a hard place;

He can Nationalize the mortgage debt markets now OR

wait and let the 'markets do their stuff' -and after the the smoke clears from the wreckage -Nationalize the mortgage debt market.

[PeakedEarth]

The depression is on its way, there is nothing they can do to stop it.

[AirelonTrading]

2001 was a fart in the wind as far as recessions go.

The biggest danger to my mind, is the wrong people get blamed. Free market principles get blamed. Free market principles isn't the problem. It's the people who CALL themselves classical / economic objectivists, but do exactly the opposite, and are nothing more than rich Socialists. The problem - is that rich socialists are not allowing the system to work as designed.