'Bernanke bad for US, Fed head's plan kills recovery'
Loading...
Uploaded by RussiaToday on Aug 28, 2010
Economic recovery has slowed down in the United States. Federal Reserve chairman Ben Bernanke says he's ready to take action if conditions get worse. His proposals involve cutting interest rates to increase economic growth. But some experts say his ideas are not working, and the problem could lie with those in control of the money.
- 112 likes, 10 dislikes
-
Top Comments
All Comments (201)
-
Bernanke is right is he said fiscal policy is only temporary in sustaining the economy. The economy, in a capitalist society, relies on businesses to compete fairly and accordingly with supply and demand. Fiscal policy from the government are federal reserve shouldn't be relied on for anything other than regulation to maintain fairness and support a fully functional economy. It can never be a permanent solution. This guy on the show is an idiot. American are always playing the blame game.
-
@CommonSensePeter No its not that simple. There is nothing simply about managing the largest economy in the world. In a truly capitalist society, companies have the right to send manufacturing jobs overseas if it's profitable to them. Companies can't manufacture in america because they would hae to pay significantly more to american workers. Most likely they would have to hire illegal immigrants or the poor and uneducated to pay them minimum wage and even that is till more than outsourcing
-
We have exterminated the property owners in Russia. We are going to do the same thing in Europe and America."
(The Jew, December 1925, Zinobit)
Read this book for free to understand their plan,the book is free on internet.
Who Is Esau-Edom.....Who Is Esau-Edom..
-
Mike Norman is a complete JOKE! First he was all for the housing boom and laughing at Peter Schiff because he was negative about the boom. The bubble bust and he changes his tune. He accuses Bernanke now and scrutinizes him.
ATTENTION MIKE! You were caught already GIVE UP your snake ways are not working anymore. GET A JOB as a kindergarten teacher it best suits your mental capacity now
-
The rates need to go up FFS. Stop being ridiculous.
-
Isn't Mike Norman the "expert" who said there were no artificial lending standards when Peter Schiff tried to point it out back in 2007? Mike Norman has no credibility as far as I'm concerned. Way to hop on the band wagon, Norman! You're a day late and a dollar short...as usual.
-
@SPB223 What fast fix could have help the economy when the banks fell in Sept 2008? Do U remember Bush saying , that (If we don't do something, this sucker is going to fall)? So the press was turned on for the first stimulus, but held over until Obama took office. I am not defending anyone but calling it like it went. In 2005 Bush signed the NAUA, (NORTH AMERICAN UNION AGREEMENT). That is going to assist NAFTA (CLINTONS THING) , and finish this country off. UR rite. clean house
-
If and when this Guy turn on the press to start making this six hundred billion dollar pile of monopoly money, it is all over folks shortly after. How much higher will Gold go? It is above what it is worth already. If You want to use Your own paramiter to see when this economy is finish, pay attention to the pawn brokers. Lets' see when they stop buying gold.
-
Bernanke is a complete dumbass he's filling his pockets on screwing the little man. him, obama and all the rest of the big wigs. theres the problem with america. get rid of them
- 0:44
Putin hits highway in Siberia speeding in sports Ladaby RussiaToday164,206 views
- 0:26
Fire swallows 350 homes after gasoline accident, thousands left homelessby RussiaToday6,772 views
- 2:31
Gaza on Drugs: 'Happy Pill' lifts blockade moodby RussiaToday6,499 views
- 4:08
Cruel Cut: Genital mutilation on the rise as UK combats the crimeby RussiaToday7,067 views
- 5:44
Ron Paul Schools Ben Bernanke Yet Again on Currency Devaluation 2-27-08by Michaelwiseguy324,400 views
- 5:53
Peter Schiff calls Ben Bernanke a Liarby WeztheAussie70,181 views
- 2:15
Bernanke Warns: U.S. Debt Could Balloon to More Than 100% of GDPby thebcast12,947 views
- 5:13
Marc Faber on the state of silver, gold, and commoditiesby SilverHurricane29705,810 views
- 7:10
Ron Paul reacts to Ben Bernanke being named TIME 'Person of the Year'by PoliJAM58,062 views
- 4:34
Thinking about Bernanke while on the beach.by mikeydoggy2,232 views
- 6:45
Congressman Ron Paul Schools Bernanke on the Bailout Planby soullfire449,571 views
- 5:08
Ben Bernanke was Wrongby MarcusCMarcellus62,705 views
- 14:34
Bunning Grills Bernanke, With Responseby kdenninger64,273 views
- 3:14
Germany to deport Romas back to Kosovo - RT 100828by newsupload2010573 views
- 7:55
The U.S. Economy is Unsustainableby questionmark545158,359 views
- 3:21
Maxine Waters Spars With Bernankeby CBSNewsOnline21,113 views
- 1:49
Thousands flee Indonesia volcanoby AlJazeeraEnglish32,863 views
- 1:13
Bailout with UPSby brownbailout714,768 views
- 2:00
The Federal Reserve caused the 700 billion dollar bailout and economic crashby dingoman09194,443 views
Why in the heck would you ever have this igmo on your channel? This person is horrible when it comes to anything that has to do with economics/predicting the economy. FYI, he is a big time hater of Peter Schiff and Ron Paul. He really is an idiot, really!
slhines7 1 year ago 11
Ron Paul was warning of this garbage for years, and even busted Bernanke's balls about it. Yet still no action has been taken.
slobknoblin 1 year ago 6