U.S. ECONOMY IN CRISIS? Fed Chair Bernanke/Senate Hearing
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This is about the same situation Pakistan is passing thru. Countrys economy is being loaned/sold out @ the rate of a common mans life leading to anxiety & flux in all departments of life ensuing in no-investment crisis & each new govt blaming the past for all the hazards & again taking its hands out to beg for more loans. The country is being sold out eventually by parts, with disorder, joblessness, fake inflation, injustice & hypocrisy as the main issues resulting in anarchy & suicide bombing
yahoovisitor 3 years ago
Why did CEO got paid 350 billions(last years) while playing gulf earning $10,000 per hour.
They try to patch their rich with poors money. It will cost $2300 per US citizen including every child. Paulson tried to push the agenda in hasty ,threats, without provision that congress wanted.
Thanks to Republican Congress who rejected and same day barrel of oil down $10 . And Eu union is unhappy since American did not bailed out their banks while hope to keep their Eu strong against Dollars.
teresasfsol 3 years ago
Paulson, previous Goldman Ceo
Federal reserve members are consists of bankers. Everytime Mr.B printed the money, injected to the wall street, dollars weakens, losing purchasing power. The oil prices are pegged on Dollars. Euro goes up against dollars. Commodities prices go up. The wall street tried to haste the matter with threat.
But today the poors and need won !!!!!! Thanks to Mostly Republican Congress. A barrel of oil is already down over $10 per barrel today.
teresasfsol 3 years ago
the economist inflation/IntRate dogma reminds me of a film of medieval times where a sick woman was bled to regain her health yet she progressively grew pale like a fresh corpse.
Nothing more than Diocletian's Problem-Reaction-Solution administrative paradigm is being put to work here. If it smells and tastes like chicken, it is chicken.
lvildos 3 years ago
curse the bankers i say ,
Itsallbollox 3 years ago 2
curse the FED
Soulrazr 3 years ago
Bunning (R-KY) actually.
yarblekicker 3 years ago
Senator Bunting (D-DE)
excap 3 years ago
who was that senator that ripped into ben?
jvittetoe 3 years ago