Bernanke: Economy in freefall (Feb 2008)

Chairman of the Federal Reserve, Ben Bernanke, tries his best to slap a fresh coat of lipstick on George W. Bush's pig of an economy, but basically warns that if something isn't done soon, the U.S. economy could be in serious trouble. $4 a gallon gas by Summer, a sinking housing market, and concern that another round of interest rate cuts could cause "stagflation" not seen since the late 70's.

Category:

News & Politics

Tags:

• American
• Bush
• Cheney
• neocon
• fascists
• failure
• debt
• inflation
• oil
• mortgage
• crisis
• February
• 2008

[TheTigerWrath]

well let me put it this way:oil prices are very,very hight(we can hear you wine across the atlantic!-like a youtuber sad),your houses cost like a car very very cheap.Hmmm i see you americans are getting rusty ah,and i forgot about the war in iraq that cost milions and what i might add,oh yes,everybody who isn't american hates you

[BI30]

Don't hate us because a man less than half the country voted for stole two elections and then set about destroying the world's security & economy.

[canadianbuck77]

Ron Paul could have saved the US but the gready foreign interests that run the US chooses the candidates, Hilary, Obama ans McCain will steal Americas money and wage expensive wars that do nothing to benefit the US.

[BI30]

Paul was great at identifying the problems, but his Libertarian "wholesale privatization" solutions would of been an unmitigated disaster.

[BLUETIB]

As predicted by Ron Paul!

Truth is popular... Not on FAUX or CNN

[BI30]

And Ross Perot before him. :)

[OmarThePug]

At the supermarket, Fritos stayed the same in price but reduced in quantity from 12oz to 10oz! That's 17% inflation!!!!!!!!!!!!!

[fatbastardisback]

Norway rocks!

[rosewood223]

Lucy...

[BI30]

Problem is, the *worst* of planners are George W. Bush and the Neocons. So, no credit for Allah on this one.

[Nazeye]

that what they want u 2 think

[jaymont1984]

it's not an american problem anymore boys...it's a global thing.

[royalsteven]

Yep yep what comes around goes around. Why doesn't bush ask help from his saudi arabian friends? Or why don't you move to Europe? aheh

[drc58]

Again, American greed ruins it for everyone. But hey, you get what you deserve, Americans elected this government. I bet the ceo's of these bankrupt companies will get 5 to 50 million dollar severence good job packages.............Go figure

[drc58]

'Bush was bragging a year ago about what a good job he was doing. More americans own houses than ever before. mmmmmmmmmm Dont see him bragging to much now. I just saw on cnn, he is blaming 911 for the economic crises. Does that not mean osama bin ladin is winning?????? Now they could elect mccain???

[Ruellian]

that is a real american right there the economy is going to hell and he is talking about food lol =)