Tuesday, June 8, 2010

Bernanke

http://www.businessweek.com/news/2010-06-08/bernanke-says-unemployment-unlikely-to-fall-quickly-update2-.html

Bernanke says unemployment will stay high for awhile. He is quick on the up take.

"Federal Reserve Chairman Ben S. Bernanke said the U.S. recovery probably won’t quickly bring down the unemployment rate, (you think...)which is likely to stay “high for a while.” (Forever)

“The unemployment rate is still going to be high for a while, (Forever) and that means that a lot of people are going to be under financial stress,” (Bankrupt)

"Last week, Bernanke said he’s concerned about the toll that joblessness is taking on Americans." Yeah I am sure it is keeping him up at night. As long as Goldman Sachs has more money then they can count Bernanke is a happy man.

This recession started in 2007. Really it started in 2000. Now it is 2010 and he is saying it is going to be "awhile" longer. Why doesn't he just tell the truth. The jobs aren't coming back. Obama said as much last year. http://www.bloomberg.com/apps/news?pid=20601087&sid=asSVzhcNQyyI

He was right. The jobs haven't come back, nor will they under the current leadership. A leadership which is completely onboard with the decline of America.

So this is it. Enjoy!

1 Comments:

Anonymous Anonymous said...

sad, but true

June 8, 2010 at 9:26 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home