Bernanke: More needed for recovery

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Uploaded by on Jan 13, 2009

Jan 13 - Federal Reserve Chairman Ben Bernanke said fiscal stimulus is unlikely to be enough for lasting recovery without other action. On the heels of that - markets turned in mixed results. The Dow lost 25.41 points to 8448.56. The S&P 500 gained 1.53 to 871.79, and the Nasdaq added 7.67 points to 1546.46. Diane King reports from New York.

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  • Bernanke, Paulson have driven our economy worst by the 850 billion dollars deficit. And Obama chose a crook as a nominee for Treasury secretary replacing Paulson. He didn't pay his taxes and he becomes treasury secretary will drive this country further in debt. Geithner is a part of the new Crooked, Mobster style Obama politics.

  • Bernanke is running out of cards to play, he has already cut interest rates to 0. he has convinced congress that printing money, or taking on more debt is the answer. WELL, we already let him print and take on debt, and now he says more is needed. How long can this continue, there will come a point when people will no longer buy treasuries. The point will also come when we wont even be able to pay the interest on the national debt

  • I thought the MSM was predicting an up turn just around the corner?

    haha ahh the sheeple..

  • So who made Bernanke the Secretary of Treasury?

    Not that there's a difference between him and his spend meister spitting image Paulson anyways.

  • Obama is a puppet Ron Paul is for real. Educate yourself don't believe anything from major news corps. or university studies. Practice co-op farming and own guns, and never give them up for ANY reason.

    We need to balance the budget. Andrew Jackson did it, and was nearly murdered because of it. The assassin's weapon(s)misfired. Save Ron Paul, and remember our heroes and what they died for.

    "I KILL THE BANK"

    Andrew Jackson's favorite saying.

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