First Thoughts

Chairman Ben Bernanke

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Spammers doing the usual financial spam emails are now pretending to be Federal Reserve chairman Ben Bernanke. That's hilarious.
Federal Reserve chairman, Ben Bernanke will dictate the monetary policy for What shocks should expect from this action?
u tell them Quantitative Easing to infinity is devaluing the dollar as projected by Fed Reserve Chairman Ben Bernanke
Rising rates aren't hurting home sales yet. Two months after Federal Reserve Chairman Ben Bernanke roiled the...
Don’t let the Fed sway your decisions on bonds: When Federal Reserve Chairman Ben Bernanke talks about interes...
President Obama will choose a nominee to succeed Federal Reserve Chairman Ben Bernanke in the…
Mortgage rates stay steady: Mortgage rates spiked in June after Chairman Ben Bernanke indicated the Federal...
As US Federal Reserve Chairman Ben Bernanke ends his term, Andrew John of looks at his possible successors:
Washington & Wall Street: Time for Senate Republicans to Deal on Fed: Fed Chairman Ben Bernanke is expected le...
Jobless Rate More Like 7.9%: . Ever since Federal Reserve Chairman Ben Bernanke informed the world that the une...
Economists Joseph Stiglitz or would be “excellent candidates” to replace Chairman Ben Bernanke.
Bernanke: Timetable for bond purchases not preset: WASHINGTON (AP) — Chairman Ben Bernanke said Wednesday that...
The Economic Times : Investors starting to get Fed's message: Bernanke: Chairman Ben Bernanke says markets are...
Reports reflect Fed’s message of stronger economy WASHINGTON (AP) – June 26, 2013 – The U.S. housing recovery is strengthening. Factories are fielding more orders. And Americans’ confidence in the economy has reached its highest point in 5½ years. That brightening picture, captured in four reports Tuesday, suggests that the economy could accelerate in the second half of the year. It underscores the message last week from the Federal Reserve, which plans to slow its bond-buying program this year and end it next year if the economy continues to strengthen. The Fed’s bond purchases have helped keep long-term interest rates low. Investors appeared to welcome the flurry of positive data. The Dow Jones industrial average rose 100 points to close at 14,760, and broader stock indexes also ended the day up. Those gains made up only a fraction of the markets’ losses since Chairman Ben Bernanke said last week that the Fed will likely scale back its economic stimulus within months – a move that would s ...
The Markets   It was like watching a game of telephone where one child speaks into another child’s ear and that child speaks into another child’s ear and, by the time the last child repeats the original statement, it has transformed into something completely different.   Chairman Ben Bernanke stepped up to the microphone at the press conference after the Federal Open Market Committee’s policy meeting and said:   “As I mentioned, the current level of the federal funds rate target is likely to remain appropriate for a considerable period after asset purchases are concluded. To return to the driving analogy, if the incoming data support the view that the economy is able to sustain a reasonable cruising speed, we will ease the pressure on the accelerator by gradually reducing the pace of (bond) purchases. However, any need to consider applying the brakes by raising short-term rates is still far in the future. In any case, no matter how conditions may evolve, the Federal Reserve remains committed to ...
"..Chairman Ben Bernanke declared on Wednesday that eventually the Federal Reserve will end its extraordinary bond purchases..." tbc
Believe it or not, Chairman Ben Bernanke may not be the most dovish person at the Federal Reserve. When the Fed...
NEW YORK -- Stocks fell sharply after the Federal Reserve's statement and Chairman Ben Bernanke 's news conference Wednesday, with major U.S. indexes losing more than 1%.
Stocks Fall Sharply Amid Lingering Fed Worries - U.S Stocks have moved sharply lower in early trading on Thursday, adding to the steep losses posted in the previous session. The major averages have slid firmly into negative territory, with the Dow pulling back below the 15,000 level. The major averages have recently climbed off their lows for the young session but continue to post notable losses. The Dow is down 139.00 points or 0.9 percent at 14,973.19, the Nasdaq is down 32.32 points or 0.9 percent at 3,410.88 and the S&P 500 is down 15.41 points or 1 percent at 1,613.52. The early weakness on Wall Street comes as worries about the outlook for the Federal Reserve's stimulus program continue to weigh on the markets after Chairman Ben Bernanke said the central bank might begin scaling back its asset purchases later this year. Even though Bernanke stressed that tapering the program is highly conditional on signs of sustained economic growth, traders have still reacted negatively to the idea of a change in ...
DJ U.S. Stocks Open Sharply Lower on Fed Worries By Tomi Kilgore and Chris Dieterich NEW YORK--Worries that the Federal Reserve will scale back its stimulus efforts gripped the market for a second day, driving stocks and gold sharply lower and sending Treasury yields to two-year highs. On Wednesday, the Fed lowered its outlook for the unemployment rate, and Chairman Ben Bernanke reiterated that the central could start winding down its $85 billion-per-month asset purchase program, sending stocks reeling. The Dow Jones Industrial Average shed 150 points, or 1%, to 14956 early on Thursday. The Standard & Poor's 500-stock index lost 19 points, or 1.2%, to 1610. The Nasdaq Composite Index fell 42 points, or 1.2%, to 3400. The 10-year Treasury note yield rose further early Thursday, reaching 2.398%, the highest level since August 2011. Gold has been hit particularly hard, as its appeal as a hedge against inflation and currency weakness faded. June gold futures slid 6% to $1,298 an ounce. "The market place has . ...
Warren Buffett is right and we are all *** to over analyze everything — even things, which are nearly laid down in stone. That's what fund manager Samir Arora of Helios Capital thinks of the market reaction to Chairman Ben Bernanke statement that Fed will start slowing the pace of its bond purchases later this year and bring them to a halt around mid-2014. "We in the finance industry are more a bunch of overpaid, underworked people who are all very intellectually superior but have forgotten the original purpose of finance," he remarks in an interview to CNBC-TV18. US stocks fell sharply, the dollar rose and US bond prices fell, lifting the yield on the benchmark 10-year Treasury note to levels not seen since March 2012, as traders saw Bernanke's remarks and the policy panel's statement as a clear step toward a reduction in the central bank's bond buying. Arora says all the reports so far broadly expected the Fed tapering to happen by year-end or early next year, but not one report said it will never ...
The Federal Reserve's rate-setting meeting yesterday and today is, so far, the year's most important investor event. That's the conventional wisdom, given that investors are trying to divine when Chairman Ben Bernanke will curtail the $85-billion-a-month stimulus program that's propelled the benchmark S&P 500 by 143 percent since the post-crash low in March 2009. But it doesn't really matter. That's because the central bank will only ease back its bond buying if the economy is strong enough to grow on its own. So, either way, stocks ought to gain, at least in theory. The much bigger problem is the mountain of debt — an estimated $4 trillion by the end of this year — printed by the Fed. It's clear that the central bank is trying to use debt to solve the debt crisis of 2008. Yet, in the long run, more debt can only cure the problem if it generates real economic growth. US Economy: There's no evidence, so far, that it's working. Over the past four years — a time period that excludes the giant slump in ...
GLOBAL ECONOMIC REVIEW States * Although the Federal Reserve's policymaking Federal Open Market Committee made no change in the central bank's easy money stance at it mid-year meeting, Chairman Ben Bernanke signaled that the Fed ease off its aggressive measures before too much longer. For now, the FOMC decided to keep buying $85 billion of bonds per month to hold down long-term interest rates, while keeping short-term rates near zero. But Bernanke, talking to reporters after the FOMC meeting, said that if the economy unfolds as hoped, the Fed could "moderate the monthly pace of purchases later this year." And he said this "Quantitative Easing" could end around the middle of next year. * Bernanke also commented on the likely path the Fed will take when the time comes to normalize its policy. Noting that the FOMC has been reviewing in recent meetings an exit strategy first unveiled in June 2011, Bernanke said, "For today, I will note that, in the view of most participants, the broad principles set out in Ju ...
GBP/USD drops despite U.S. inflation data, eyes Fed meet The pound slumped against the dollar on Tuesday despite spotty inflation data out of the U.S., as investors remained camped out in the dollar ahead of the Federal Reserve's Wednesday statement on interest rates and monetary policy. In U.S. trading on Tuesday, GBP/USD was trading at 1.5653, down 0.43%, up from a session low of 1.5566 and off from a high of 1.5723. The pair was likely to find support at 1.5496, the low from June 10, and resistance at 1.5752, Monday's high. Uncertainty over the Federal Reserve's plans to scale back stimulus measures has fueled volatility in global markets in recent days. Despite conflicting U.S. housing and pricing data, many investors remained parked in the dollar to await the Fed to make its announcement on interest rates and monetary policy on Wednesday followed by a press conference with Chairman Ben Bernanke afterwards. Official data on Tuesday showed that U.S. consumer prices rose in line with expectations in May ...
By Steve Holland WASHINGTON (Reuters) - President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer than he had originally planned. Obama, speaking to Charlie Rose,...
President Barack Obama speaks with Charlie Rose about Federal Reserve Chairman Ben Bernanke's role in the United States' recovery and his commitment to staying in office longer than he wanted to. Courtesy: Charlie Rose
European Stocks To See Cautious Start Due To Fed Uncertainty European stocks are seen opening mixed on Monday as investors await the outcome of this week's U.S. Federal Reserve meeting and Chairman Ben Bernanke's post-meeting press conference on Wednesday, where he is expected to find a way to soothe investors fearing a rise in short-term interest rates. Traders will closely examine the accompanying statement for signs of when the central bank will scale back its stimulus. According to the IMF assessment, the Fed will keep in place its bond purchases through the end of the year and the phase-out would be "very gradual." Ahead of the European Union summit later this month, the economy and labor ministers from Italy, France, Germany and Spain agreed to seek ways to mobilize funds from the European Investment Bank to effectively reduce youth unemployment. After the meeting on Friday, Italy's Prime Minister Enrico Letta said they intend to finance lending through mini-bonds secured by banks and state-controll ...
Withdrawal syndrome sparks anxiety for Fed Consensus building at Fed to adjust bond-buying pace * Economy not ready for a move at Fed meeting this week * Officials want markets to adjust on economic signals * Market volatility up as investors try to gauge Fed When do you take the addict off the methadone? That's essentially the dilemma facing the U.S. Federal Reserve's 19 policy makers when they meet in Washington this week. Since the height of the financial crisis in 2008, the U.S. economy and everyone with a stake in it have become hooked on the massive amounts of stimulus injected by the U.S. central bank. Now, though, consensus is building among policy makers that the time is nearing to adjust their $85 billion-a-month asset purchase program, dubbed Quantitative Easing, but divisions remain over just when to start reducing the dosage. In recent weeks, even the program's most ardent supporters, including Chairman Ben Bernanke, have begun signaling a willingness to dial back the pace of bond buying befo ...
Wall St Week Ahead: Investors will look to Fed to ease volatility. Stock investors eager to hear from the Federal Reserve about its plans for continuing economic stimulus may get some soothing words from the US central bank next week. The Fed is unlikely to tip its hand about when it may begin to scale back its bond-buying program, but policymakers still may be inclined to try to tamp down recent volatility in financial markets with some mention of the issue. The rally in stocks stumbled and Treasury bond yields rose to 14-month highs following Chairman Ben Bernanke's comments that the Fed may decide to begin scaling back its Quantitative Easing in the next few policy meetings if the economy improves. As part of its Quantitative Easing policy, adopted more than four years ago, the Fed has been buying Treasury and other bonds each month to keep interest rates low and promote growth. Interpreting Bernanke's words and recent signs about the economy have roiled markets since then. The Dow industrials climbed ...
Bond guru Bill Gross has taken straight aim at the Fed and Chairman Ben Bernanke, chargin…
Rising Mortgage Rates May Spark Buying Frenzy Daily Real Estate News | Thursday, May 30, 2013 Rising mortgage rates are prompting some renters to jump off the fence and consider buying a home, so they don’t miss out. Mortgage rates have seen a sharp rise in recent weeks. Mortgage applications for home purchases have risen 3 percent and are up 14 percent over year-ago levels, according to the Mortgage Bankers Association. Fed Chairman Ben Bernanke recently suggested that the Fed’s efforts to keep mortgage rates at record lows may be nearing an end soon. "It's amazing to see the frenzied pick-up in home buying, as renters get nervous that both home prices and rates will rise quickly," Craig Strent, CEO of Maryland-based Apex Home Loans, told CNBC. "They are trying to catch the beginning of the curve here." The 30-year fixed-rate mortgage -- the most popular among home buyers -- recently ticked up to 3.90 percent, the highest level in a year. Coupled with rising mortgage rates, home prices have been on t ...
The Federal Reserve is pumping up the economy and financial markets with its massive easing tactics, and Chairman Ben Bernanke might not seek another term because he doesn't want to deal with the "hangover" aftermath of his policies, says legendary investor Jim Rogers.
Foreign Legion Invades India: Fed Chairman Ben Bernanke has made non-Indians more co...
But the magnitude of the private debt growth resumption is alarming, as is the complacency of the Fed Chairman.
. Chairman Ben Bernanke will speak April 4 at University of Dayton about education on finance and economics.
Ben. And then? - Mr Bernanke has yet to say what he plans to do when his term as chairman...
Ben. And then? I look at who comes next when Bernanke's term as chairman expires.
NEW YORK--Several Federal Reserve officials rallied around Federal Reserve Chairman Ben Bernanke&plan to press ahead with the centr..
All three candidates say Ben Bernanke needs to be replaced as Chairman of Federal Reserve.
The Federal Reserve Chairman Ben Bernanke and the currency war.
Obama gains no traction on fiscal, economic fronts: Federal Reserve Chairman Ben Bernanke and his colleagues o...
Federal Reserve Chairman Ben Bernanke weights in on *** marriage...
Ben S. Bernanke began a second term as Chairman of the Board of Governors
Tim Duy -- Fedspeak on Both Sides of the Atlantic: Federal Reserve Chairman Ben Bernanke and New York Fed...
"I don't think too big to fail is solved." - Fed Chairman Ben Bernanke
Chairman Ben Bernanke defends as good not only for the U.S., but the globe. Via
This is truly an extraordinary find! Rare footage of Fed Chairman Ben Bernanke's childhood has recently surfaced...
Ben Bernanke defends low-interest policies in London speech: Chairman Ben Bernanke said Monday that the Federal...
Speech by Chairman Bernanke on monetary policy and the global economy: Chairman Ben S. Bernanke At the Departm...
Bernanke Claims Fed Bankruptcy is Irrelevant Leave a reply The most interesting part of yesterday’s testimony by Chairman Ben Bernanke before the House Financial Services Committee is unlikely to be reported anywhere else. Late into an unusually uneventful question and answer period with the Fed Chair, Congressmen Scott Garrett finally livened the room up with an excellent question regarding Fed solvency. BACKGROUND: The Solvency Crises Facing the Fed Many do not realize that to some extent the Fed reports a balance sheet in a similar fashion to any company, with assets, liabilities and capital/equity. The Fed takes unusually large liberties in how they value their assets, but no Fed Balance Sheet at a Glance (values in millions of dollars) Assets Liabilities Gold certs 11,037 Federal Reserve Notes net of Banks Holdings 1,127,723 SDR certs 5,200 Reverse repos 93,121 Coin 2,206 Deposits 1,808,112 Securities, repos & loans 2,844,229 Deferred cash items 1,640 Maiden Lane, TALF Portfolios 1,990 Other liabil ...
Economists predict that the US Federal Reserve could lose half a trillion dollars in just three years thanks to policies enacted by the central bank under Chairman Ben Bernanke.
"7.7% unemployment is an enormous waste of human and economic potential." Federal Reserve Chairman Ben Bernanke
How To Trade The Battle of QEs: Fed Chairman Ben Bernanke had a clear and loud message for markets on Wednesday:...
Federal Reserve Chairman Ben Bernanke said that the American economy is “close to faltering” and acknowledged the growing demonstrations.
Fed Chairman Ben Bernanke is from my home town, He Knows he has the power to print money, he won't do it for his hometown. maybe the cliff.
Fed Chairman Ben Bernanke made it clear... again. Interest rates will remain low
National left behind on monetary policy - Parker: Federal Reserve Chairman Ben Bernanke’s decision to not raise ...
Fed Chairman Ben Bernanke warned the Fed could do little to repair the damage from Congress and the president failing to come to an agreeme…
Why the Doves Rule at Bernanke's Fed: Mild-mannered Federal Reserve Chairman Ben Bernanke has pulled off a feat ...
Fed Seen Pumping Up Assets to $4 Trillion in New Buying - Ben S. Bernanke, chairman of the U.S.
Reserve Chairman Bernanke announced plans to keep pumping up the economy.
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Fed Chairman Ben Bernanke is really, really worried about the fiscal cliff:
U.S. Dollar: Struggles Ahead Of FOMC, All Eyes On Chairman Bernanke The greenback extended the decline from earlier this week, with the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDOLLAR) weakening to 9,939, and the reserve currency may weaken further during the North American trade should the Federal Reserve take additional steps to encourage a stronger recovery. Indeed, there’s speculation that the Federal Open Market Committee (FOMC) will expand its open-ended asset purchase program beyond the $40B monthly limit as ‘Operation Twist’ is expected to expire, but we may see the central bank carry a wait-and-see approach into the following year as Chairman Ben Bernanke strikes an improved outlook for 2013. Beyond the interest rate decision at 17:30 GMT, the press conference with Chairman Bernanke at 19:15 GMT could have a greater impact on the dollar as market participants weigh the outlook for monetary policy, and the central bank head may strike a more neutral tone this time around as the economic r ...
America isn't run by Obama or even the Obama Admin. but the Private Bank known as the Federal Reserve and Chairman Ben Bernanke
"5 Ways Republicans Have Sabotaged Job Growth... 1. Filibustering the American Jobs Act. Last October, Senate Republicans killeda jobs bill proposed by President Obama that would have pumped $447 billion into the economy. Multiple economic analysts predicted the bill would add around two million jobs and hailed it as defense against a double-dip recession. The Congressional Budget Office also scored it as a net deficit reducer over ten years, and the American public supported the bill. 2. Stonewalling monetary stimulus. The Federal Reserve can do enormous good for a depressed economy through more aggressive monetary stimulus, and by tolerating a temporarily higher level of inflation. But with everything from Ron Paul's anti-inflationary crusade to Rick Perry threatening to lynch Chairman Ben Bernanke, Republicans have browbeaten the Fed into not going down this path. Most damagingly, the GOP repeatedly held up President Obama's nominations to the Federal Reserve Board during the critical months of the rec ...
Keeping you updated on the market! For the week of October 29, 2012 MARKET RECAP Federal Reserve Chairman Ben Bernanke has a thing for housing. Most of the Fed's monetary policies over the past three years have focused on re-igniting the housing market. Whether through Fed policy or market forces, a flame has taken hold. The new home market is becoming a driving force behind economic growth. To that end, sales of new homes rose 5.7% in September to an annualized rate of 389,000 units. This latest increase puts the market back to March 2010 sales levels. Back then, sales were propped up by federal home-buyer tax credits. Supply of new homes, at a mere 4.5 months, is tight. Tight supply, along with increased demand, has pushed the national median sales price up 11.7% year over year to $242,400. Couple increased demand with higher prices and we get more home construction down the road. More construction is good news for the economy. Residential real estate investment has historically averaged 5% of GDP, whil ...
Watching Out for the Cliff Ordinarily, we use these posts to discuss fun items related to taxes and finances. We know that you can read the usual boring articles about the usual boring tax topics pretty much anywhere else. And most of you are happy to let us worry about "the details." Every so often, though, we need to discuss more serious issues, even if it's just to let you know that we're on top of them. That's the case today with the so-called "fiscal cliff" -- Federal Reserve Chairman Ben Bernanke's clever term for what happens on January 1, when a bunch of current tax rules expire, and some new rules take effect. Here's a quick rundown of what to expect: The Bush tax cuts expire. That means the top rates on ordinary income goes from 35% to 39.6%; the top rate on capital gains goes from 15% to 20%; and the top rate on qualified dividends jumps from 15% to 39.6%. Much of the debate over tax rates focuses on income at the top. But the expiration of the Bush tax cuts affects all of us. The lowest 10% ra ...
Rein in Wall Street and rescue the middle class It's time for us to end the financial oligarchy so destructive to our economy. If a bank is too big to fail, it is too big to exist By Bernie Sanders The protest movement called Occupy Wall Street has struck a nerve. The demonstrators' goals may be vague but their grievances are very real. If our country is to break out of this horrendous recession and create the millions of jobs we desperately need, if we are going to create a financially-stable future, we must take a hard look at Wall Street and demand fundamental reforms. I hope the protesters provide the spark that ignites that process. The truth is that millions of Americans lost their jobs, their homes and their life savings because of the greed, recklessness and illegal behavior of Wall Street. Even Federal Reserve Chairman Ben Bernanke agreed when I questioned him this week at a joint economic committee hearing that that there was "excessive risk-taking" by Wall Street. Bernanke also said the protest ...
Paul RYAN is certainly better off ! - - Just what this country needs EMBEZZLER ROMNEY and CRIMINAL INSIDER TRADING RYAN ! !- - - On Sept. 18, 2008 Congressman Ryan had made trades to buy and sell bank stocks ON THE SAME DAY that he had attended a meeting on the upcoming financial crisis with Federal Reserve Chairman Ben Bernanke, Treasury Secretary Hank Paulson, and Congressional leaders such as Speaker Pelosi.- - - Specifically, he sold stock in Wachovia, Citigroup and J. P. Morgan on September 18 and bought shares in Paulson’s old firm, Goldman Sachs.- - - Further according to an article published in the SEATTLE TIMES: " Excluding the inheritance (his wife's) , Ryan's net worth increased by up to 130 percent in a decade marked by a deep recession and a volatile stock market."
Central bankers are “counterfeit money printers” and Federal Reserve Chairman Ben Bernanke should resign for messing up the U.S. economy so badly, Marc Faber, author of the Gloom, Doom and Boom, told CNBC
Chairman Ben Bernanke is rejecting arguments that the Federal Reserve’s bold moves to bolster U.S. job growth could have unwanted consequences in emerging market countries. In a speech Sunday, Bernanke disagreed with criticism that the Fed’s efforts
Economic BabbleWorld leaders bicker and drift without U.S. leadership.In case you lead a normal life and had better things to pay attention to, the world's economic leaders met in Tokyo this weekend. They didn't agree on much, but no doubt the Japanese cuisine was splendid. This not to say that the grandees were mute. Federal Reserve Chairman Ben Bernanke lectured that the world should welcome his dollar devaluation policy, no matter the upward pressure it puts on many other currencies. Brazil's foreign minister lectured the Europeans about their "delayed reactions" to the financial crisis. The Europeans lectured the Americans about the looming "fiscal cliff," and Treasury Secretary Tim Geithner returned the favor by lamenting the "headwinds from Europe" hurting U.S. growth. The Japanese and Chinese glared at each another over contested offshore islands, and the Chinese refused even to send their most senior officials. Meanwhile, the poobahs at the International Monetary Fund lectured everyone about every ...
Editor's note: In today's edition of our weekend Masters Series, S&A founder Porter Stansberry discusses a huge trend he calls the "End of America." Since 2006, Porter has warned Americans about the massive currency crisis facing our country. The government has borrowed its way to record-breaking debts… and it continues to finance those debts by printing more money. Just last month, Federal Reserve Chairman Ben Bernanke promised to extend the federal money-printing program… indefinitely. As a result, the U.S. dollar is in peril. The ideas he expresses in the following essay – originally published in our daily e-letter DailyWealth back in 2010 – are controversial. And you might not agree with everything he says… You might even think his ideas are crazy. But we guarantee you'll come away with a lot to think about… Why the Debt Situation is Worse Than You Even Imagined By Porter Stansberry There are few things about which history is unanimous. Land wars in Asia, for example… always a bad idea. ...
Fed Chairman Ben Bernanke defends moves to aid US economy as beneficial for global growth: -RAS"
The U.S. economy is bleeding thanks to the interest of big Wall Street banks and policymakers like Federal Reserve Chairman Ben Bernanke who cater to them, said Sen. John McCain, R-Ariz.
Middle class, lower income people and fixed income seniors, well just about everybody ought to be furious at President Obama for not firing Fed Chairman Ben Bernanke for Quantitative Easing III since it is killing all of us who are not filthy rich. Every month, the Fed dumps huge pallets of newly printed money into the economy to buy toxic assets the Wall Street banks created and now cannot sell to anybody else so they are selling to the taxpayers by devaluing our money. This is killing the people with fewer dollars than the rich a lot more than the rich. Every day, every dollar in your pocket gets worth less. All you people in the middle class who think Obama is sticking up for you, wake up. He is not. He is sticking up for his paymasters -- his biggest campaign contributor in 2008 and probably this campaign too is Goldman Sachs. Get the picture? That is why is letting Bernanke hose you. It is good for the banks. He does not care that is very bad for you and all the rest of us.
Home movies of Fed Chairman Ben Bernanke as an infant discovered.
Visiting US Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke today met corporate India leaders and discussed the recent American policy measures like the Quantitative Easing and the economic climate in the country.
Did Ben Bernanke resign and formally request Ron Paul to be appointed Fed Chairman?
Federal Reserve Chairman Ben Bernanke continues to insist that prices are very stable right now. In fact, one of the reasons why he says that more money printing ("Quantitative Easing") is okay is because we are in a "low inflation" environment at the moment. Sadly, this is exactly the kind of delusional thinking that led to the horrible crisis in the Weimar Republic back in the 1920s. Quantitative Easing did not work for the Weimar Republic, and it is not going to work for us either.
Chairman What happened to your tonight? Don't give up on them. Series is young Ben on Nationals
Home of the American homeowners organizations, dedicated to helping homeowners understand public policy issues affecting homeowners and home ownership, and providing tools to help consumers make wise decisions when they buy, sell, remodel, finance or invest in homes
To discuss Bernanke’s comments, host Andrew Hiller spoke with Mitch Schlessinger of FBB Capital Partners in this segment of Taking Stock.
Investing in the time of big bazooka central banking By MultiplyWealth's Team The third quarter could be summed up in two words: “Big Bazooka.” This was a quarter that saw unprecedented monetary stimulus from the world’s three most powerful central banks. European Central Bank President Mario Draghi bought the Eurozone time to get its house in order with his announcement of potentially unlimited “outright monetary transactions” to assist any country in need, so long as that country agreed to austerity conditions. Shortly thereafter, Fed Chairman Ben Bernanke threw gasoline on the fire by announcing “QE Infinity,” in which he promised to inject $40 billion in stimulus per month into the mortgage bond market indefinitely, meaning as long as it took for him to see improvement in the unemployment rate. And almost as an afterthought, the Bank of Japan announced a major expansion of its own Quantitative Easing program, boosting it by 10 trillion yen. As we enter the fourth quarter, this coordinate ...
infuriates me more than what chairman Ben Bernanke is doing now.He's not even being coy either.He's openly ADMIITING to his devious plan !
For those of you who have lost confidence in Fed Chairman Ben Bernanke's economic policy... we look at his baseball acumen and see whether he sees Congress and the White House hitting a home run or going foul. Btw, baseball metaphors and government good make a good drinking game. Be responsible though.
World Warning: What our government continues doing to us by printing money and inflating. David Written by Robert Kiyosaki I just returned to the US after a trip to Africa, Italy, and Germany. Everywhere I go, the world is changing very rapidly. In Africa, my friends are very worried about civil unrest. In Italy, many of my friends are leaving Italy and moving to more economically secure countries. In Germany, my friends are worried about Greece, Spain, Ireland, and Italy. Finally, it seems like the world knows something is wrong. Early in 2012, the ECB, European Central Bank, announced LTRO, which stands for Long Term Refinance Operations: a.k.a. printing money. This is a violation of the Euro’s founding principles. Last month, US Fed Chairman Bernanke announced QE3: a.k.a. printing $40 billion a month until… until what, I wonder? The Bank of Japan followed immediately with their own “Quantitative Easing,” imitating the US and further weaken the purchasing power of the Yen. What does this mean? ...
In quest for jobs, Fed chair Bernanke's money spigot hurts economy in long run US unemployment fell to 7.8 percent (a possible boon to President Obama, whose economic leadership Mitt Romney criticizes). But job growth remains slow. Fed Chair Bernanke's Quantitative Easing policies aim to boost the economy, but they will more likely spur inflation and capital flight. By Barry W. Poulson / October 5, 2012 Chris Martin marches a Labor Day parade in Charlotte, North Carolina, Sept. 3. The Bureau of Labor Statistics announced that US unemployment fell to a near four-year low of 7.8 percent in September, but job growth remains sluggish, with only 114,000 jobs added last month. Op-ed contributor Barry W. Poulson says Fed Chairman Ben Bernanke's Quantitative Easing policies could 'drive off capital as well as the employment it could create.' If the Fed 'truly wants to see more jobs, [it] needs to ease up on the easing' by 'implementing less, not more interventionist policy.' Jessica Rinaldi/Reuters/File Denver Th ...
By Rick Manning — Believe it or not, somehow the unemployment rate number dipped below Obama’s self-defined 8 percent threshold needed for re-election. The timing of this .3 percent drop in the jobless rate with just five short weeks before the election caused many, including Americans for Limited ...
Fro Rita Thomas Holden: Obama-nomics: The facts... the time for REAL change is NOW. Joseph Beverly What a Disaster Obamanomics Really Is. Since January of 2009, the median household has lost $4,019 in income per year. Median household income has fallen every year of the Obama Administration. Our national debt recently soared past $16 TRILLION. Obama has added nearly $6 TRILLION to the national debt. Barack Obama has a dded more than $1 TRILLION to the national debt every year of his Presidency. The federal government is borrowing 44 cents of every dollar it spends. A gallon of regular gas cost $1.86 on average across America on President Obama’s first day in office. Today, a gallon costs $3.86 on average in America. The official unemployment rate today is 8.1% compared with 5% four years ago and 7.8% on Obama’s first day in office. The unemployment rate has been over 8% for 43 straight months. The true unemployment rate now is 11.2% if you use the size of the labor force as in stood in January 2009. I ...
Fed to savers: Suck it up Federal Reserve Chairman Ben Bernanke offers suffering savers no relief from low interest ra
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Kari Verstraete liked Bernanke: Fed prepared to do more for economy: April 25 - Federal Reserve Chairman Ben…
Romney has said before that he supports Ben Bernanke (chairman of the Fed) He only said that to get independent votes.
Sec. Henry Paulsen and Chairman Ben Bernanke saved the situation by flooding these cash starved banks with huge amounts of “free” money
Norine Gerry liked Bernanke: Won't "hesitate" to do more: April 25 - Federal Reserve Chairman Ben Bernanke says the…
Ben Bernanke is the Chairman for The Fed. He took ovr for Allen Greenspan. Did u vote for them? Were they appointed by any prez? Nope
Just some more information that you won't hear on local news.Federal Reserve Chairman Ben Bernanke is determined to push mortgage rates to record low levels and he is encouraging the banks that the Fed regulates to make home loans more freely. Wait a second - isn't that exactly what caused the last housing bubble? After 9/11, the Federal Reserve slashed interest rates and this caused mortgage rates to steadily fall. Financial institutions were urged to help "expand home ownership" in America, and many of them started making home loans to people who never, ever should have gotten home loans. When mortgage rates started to go back up, millions of families with adjustable rate mortgages discovered that they could not make their monthly payments. Mortgage delinquencies absolutely soared and large numbers of mortgage-backed securities suddenly turned into garbage. So what is the Fed doing about it? The Fed recently announced another round of Quantitative Easing in which it will buy 40 billion dollars wo ...
In other economic news: Pay for private sector employees has dropped nearly 2 percent since Obama took office. The percentage of Americans working or looking for work dropped to a 31-year low of 63 percent. More than 5 million people have been out of work for six months or more, up from 2.7 million when Obama took office. Before Obama took office, in records dating back to 1948, the number of long-term unemployed had never reaced 3 million. Fed Chairman Ben Bernanke has called long-term unemployment a "national crisis" that is causing million to lose necessary job skills.
Asian-Pacific markets fell Friday as investors awaited news from Federal Reserve Chairman Ben Bernanke about Quantitative Easing.
Federal Chairman Ben Bernanke won’t tell Congress where the money was lent;
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Fed Chairman Ben Bernanke turns from Quantitative Easing to insufferable slumming.
Previewing the 2012 Economic Census: Federal Reserve Board Chairman Ben Bernanke has called this census “indispe...
Writing in tomorrow's WSJ, Fed Chairman Ben Bernanke weighs in on baseball's burning question: stats or intangibles?
When it comes to banking regulations, one size does not fit all. Wyoming community banks could suffer under proposed international banking regulations. I recently joined a bi-partisan group of senators in a letter asking Federal Reserve Chairman Ben Bernanke, FDIC Chairman Marty Gruenberg and Comptroller Tom Curry to consider the unintended consequences to community banks if standards designed for larger, more complex international institutions are put in place.
In the front-page article"How Bernanke Pulled the Fed His Way"(Sept. 28), Federal Reserve Chairman Ben Bernanke's dubious rationale for a third round of Quantitative Easing is laid out. The theory is that higher asset values propelled by artificially low interest rates will restore the confidence of...
Fed Members in Accord on Bond-Buying Plan - The Fed chairman, Ben S. Bernanke, rebutted criticisms of the central ba...
"Illogical is the superstition that government can create prosperity by having Federal Reserve Chairman Ben Bernanke print more dollars. In the very short term, excess money fools people with an illusion of prosperity. But the market quickly catches on, and there is no boost in output, just higher prices." Stephen Moore, Wall Street Journal
Exposing The Truth shared the following link and had this to say about it: Bernanke Warns Congress: Don’t Change Law To Review Fed’s Policies is the title of a Washington CBS Local news article published, October 1, 2012. The article reads “Chairman Ben Bernanke offered a wide-ranging defense on Monday of the Federal Reserve’s bold policies to stimulate the still-weak economy,” going on to say, “The chairman cau...
Morning MarketBeat: Jobs Report Still Matters: Now that Fed Chairman Ben Bernanke has pulled the QE3 trigger, th...
The last housing crash is not even over but Fed Chairman Ben Bernanke is already setting the stage for the next one. |
This past Friday, as Fed Chairman Ben Bernanke delivered his annual address from Jackson Hole - the State of the Dollar, if you will - I couldn't help but hear it as an incumbent's campaign speech. While Wall Street was hoping for some concrete announcement, what we got was a mushy appraisal of th...
Ben Bernanke is terminally ill and unlikely to complete his term as Chairman.
Thanks to Fed Chairman Ben Bernanke, interest rates on home loans are now at their lowest point since anyone’s...
The rest of the drop is the result of the grim prospects job seekers face in the current stagnant economy, according to Federal Reserve Chairman Ben Bernanke. “Some people, because they have essentially given up or at least they're very discouraged, have decided to leave the labor force," PEOPLE ARE GIVING UP. BUT THE FACT THAT HE CAN ACTUALLY BE RE ELECTED BOGGLES MY MIND ..
A new role for Chairman Ben Bernanke: quarterback.
Fed Chairman Ben Bernanke thinks financial education should be incorporated into school curricula.
The Fed's efforts to keep low are in best interest of those living off savings, Chairman Ben argues:
50 Things Every American Should Know About The Collapse Of The Economy Courtesy of Michael Snyder at Economic Collapse Right now, we are witnessing a truly historic collapse of the economy, and yet most Americans do not understand what is going on. One of the biggest reasons why the American people do not understand what is happening to the economy is because our politicians and the mainstream media are not telling the truth. Barack Obama and Federal Reserve Chairman Ben Bernanke keep repeating the phrase "economic recovery" over and over, and this is really confusing for most Americans because things sure don't seem to be getting much better where they live. There are millions upon millions of Americans that are sitting at home on their couches right now wondering why they lost their jobs and why nobody will hire them. Millions of others are wondering why the only jobs they can get are jobs that a high school student could do. Families all across America are wondering why it seems like their wages ne ...
If we have so many economic problems, why doesn't Ben Bernanke run for president.
I copied this post from one of my friends. It helps explain how numbers can be manipulated to make a point..and in this case...to make the economy look better than it really is. I think it's important to understand that this is being done and why. You WILL hear tonight: Happy news! The government has come up with a 5.9 percent GDP growth rate in the fourth quarter of 2009. The recession is over! Barack Obama will say this tonight -- over and over and over. Listen, please... THE United States OF AMERICA IS NOT IN ECONOMIC RECOVERY -- NOT EVEN CLOSE. This is about ALL of us -- please listen FOR us. Statistician John Williams (and a great number of others I found) has informed us that 69% of this growth, or 4.1 percentage points, is the result of INVENTORY ACCUMULATION (which is NOT growth). That leaves a 1.8% growth rate, and the 1.8% is likely due to the underestimate of inflation and other statistical problems. The United States ranks 166th of out 216 Countries when ranked by GDP growth rate. Ahead of t ...
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Every U.S. citizen should watch this video to really understand what has been happening the last 4 years. Sure, the Federal Reserve System had been leeching off the American people for decades, but never before they got their own custom built socialist practical Manchurian Candidate Barry Soetoro could they have hoped for such a wholesale piracy of the middle class American worker. Ron Paul is the one who introduced H.R. 833 and is the man who should have been president in 2008. Suffice it to say that Paul and Bernanke aren't the best of friends.
Inflation: Reports of Its Demise Are Greatly Exaggerated by Sydney Williams With the federal government generating an annual fiscal gap of at least 8%, which, in the absence of Congress acting responsibly, is being filled by the Fed’s printing money, it seems to me that it is a question of when, not if, inflation returns. There are many ways to destroy wealth, but inflation can do so with insidious ease. It is a tax that creeps up unannounced and surreptitiously makes itself felt. What is important to middle class and poorer people is not what government claims inflation to be, but what it actually costs to buy a loaf of bread, a dozen eggs and a pound of chopped beef, and what it costs to fill the car with gas and to heat one’s home. The official CPI number (1.7% year-over-year as of August) appears low, which would not be surprising, as a low CPI saves the government billions of dollars in annual increases in programs like Social Security that must adjust for inflation. Belying the reported inflatio ...
Ben Bernanke is to arrive in India next week, the first visit by a Fed Chairman. Does that mean India has arrived?
The  US Dollar traded mixed across the  board. Fed Chairman Ben Bernanke is increasingly aiming for  
Federal Reserve Chairman Ben Bernanke says he is confident the United States economy will continue to expand, but he urged the US Congress and the White House to act to support stronger growth.
The Malaysian ringgit was stronger today against the US dollar after yesterday’s report showed an unexpected improvement of US manufacturing and as Federal Reserve Chairman Ben Bernanke confirmed that the central bank is going to maintain accommodative policy.
Federal Reserve Chairman Ben Bernanke is set to meet RBI governor Subbarao next week. Bernanke will be part of a te-
Federal Reserve Chairman Ben Bernanke said in an October 1 speech that his U.S. central bank would copy Japanese economic policy to get the U.S. economy moving, despite the fact that the Japanese economy hasn't seen significant economic growth since the 1980s. by Thomas Eddlem
/r/PoliticalHumor [spam filtered] Federal Reserve Chairman Ben Bernanke spoke at the Economic Club of Indiana and an...
In a strong defense of the Federal Reserve’s monetary policy, Chairman Ben Bernanke told an Indianapolis audience Monday that inflation is under control, investors have reason for confidence and the banking system has been stabilized.
In case you missed it. July of 2012 Federal Reserve Chairman Ben Bernanke gave senators a rather gloomy outlook for the economy. Europe's debt crisis and fiscal cliff in the United States are threatening the recovery, he told the Senate Banking Committee in his semi-annual report to Congress. Meanwhile, economic growth has probably already slowed, and the unemployment rate is unlikely to fall below 7% for at least another year. Bernanke said that the economic growth continues to be less that 2%. He says that if this growth rate continues that the unemployment numbers will remain about the same. Small Business and Corporate jobs will not grow. Job seekers hope may turn into more misery. There is a glimmer of hope with the increase in manufacturing jobs. I say that it is time for the talking to stop! It is time to stop trying to boil the ocean or to stop the rise of it for that matter. It is time to get America back to work. It is time for Mitt Romney, Paul Ryan, and the Congress to roll up their s ...
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Congress remains the loyal lap dogs of their banking masters, and Fed Chairman Ben Bernanke is not without gratitude for his faithful companions.
Reuters) - Federal Reserve Chairman Ben Bernanke on Monday delivered a broad defense of the central bank's controversial bond-buying stimulus plan, saying its actions are necessary to support a flagging economic recovery. Bernanke pushed back against accusations that the Fed's policy is laying the groundwork for inflation in the future or enabling the government to run large budget deficits. He said that while the country's unusually weak economic performance had forced the Fed to resort to less conventional tools after bringing interest rates all the way down to effectively zero, the Fed's goals of price stability and maximum sustainable employment have not changed. "These goals mean, basically, that we would like to see as many Americans as possible who want jobs to have jobs, and that we aim to keep the rate of increase in consumer prices low and stable," Bernanke told the Economic Club of Indiana. He reiterated the Fed's commitment, made at the September meeting where it announced a new, open-ended pr ...
Today is the last day of September. Republicans are asking are you better off today then you were four years ago. To answer that question let me list the major events of September 2008: September 7: the federal seizure of Fannie Mae and Freddie Mac. which at that point owned or guaranteed about half of the U.S.'s $12 trillion mortgage market, effectively nationalizing them. September 14: Merrill Lynch is sold to Bank of America amidst fears of a liquidity crisis and Lehman Brothers collapse. September 15: Lehman Brothers files for bankruptcy. September 17: The US Federal Reserve lends $85 billion to American International Group (AIG) to avoid bankruptcy. September 18: Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke meet with key legislators to propose a $700 billion emergency bailout through the purchase of toxic assets. Bernanke tells them: "If we don't do this, we may not have an economy on Monday." September 25: Washington Mutual is seized by the Federal Deposit Insurance Corporation, an ...
In a letter to Federal Reserve Chairman Ben Bernanke, Moe Veissi, president of the National Association of Realtors (NAR) expressed its support of the Fed’s latest efforts to address housing and urged for rules that allow reasonable access to credit for home buying consumers.
Today the mighty Greek Gods Zeus, Ares and Apollo, with a wave of their hands, have sent the DOW down triple digits. Zeus, the king of the gods, the ruler of Mount Olympus and the god of the sky and thunder, in an interview with the Stockmasters, stated that Worries about Greece continued to be the main talking point in markets, overshadowing more assurances from U.S. Federal Reserve Chairman Ben Bernanke that borrowing costs will stay at rock-bottom lows for a while yet. "The main worry is a worsening of the sovereign debt crisis in the eurozone," said Neil Mackinnon, global macro strategist at VTB Capital. The Greek debt crisis reclaimed its berth at the top of investors' attention late Wednesday when Standard & Poor's relayed its skepticism about Greece's ability to slash its budget deficit by four percentage points to 8.7 percent of GDP this year. A two-notch downgrade would take S&P's rating on Greece to BBB- - the lowest level accepted by the European Central Bank as collateral for loans to banks. M ...
Bernanke Set For Indianapolis Speech: Federal Reserve Chairman Ben Bernanke is scheduled to speak in Indianapoli...
Christopher Carney, what's your take on this? You say it yet?
Fed Chairman Ben Bernanke said housing was the "missing piston" in the recovery and the central bank announced it would buy $40 billion in…
Federal Reserve Chairman Ben Bernanke's decision to pump even more money into the economy was quickly followed by a stock market surge and a U.S. credit
Central banks around the world have been showing their determination to fuel the dwindling global economy. According to Morgan Stanley’s research, half the world's central banks have re-liquefied in the past few months and the world looks forward to an exceptional additional round of easing in the m...
Fed Chairman Ben Bernanke has solid reasons to hold his fire for at least one more meeting. And has just a 30% to...
Alan Greenspan, chairman US Federal Reserve 1987-2006A disciple of libertarian icon Ayn Rand, Greenspan became chairman of the Fed just in time to save the global economy from the 1987 stock market crash from becoming a full-blown disaster. He went on preside over the boom years of the 90s and lead ...
Federal Reserve Chairman Ben Bernanke, at a press conference he held last week said tight underwriting standards are in fact easing. “As house prices have begun to rise, as the economy has gotten a little stronger, lending standards have eased just a bit,” he said.
like I said, at first they didn't! both Bush and Obama have the same economist advisor,Ben Bernanke, who is chairman
Internal struggle between the FDIC and 0bama henchman Geitner: Bair Details Inside Story of Regulatory Clash Over Basel III WASHINGTON — Sheila Bair, former chairman of the Federal Deposit Insurance Corp., nearly succeeded in forcing the largest banks to hold at least 10% common equity capital as part of Basel III rules, but was stymied by Treasury Secretary Tim Geithner. In her book released Tuesday, "Bull by the Horns," Bair offers new behind-the-scenes details of her aggressive push for higher capital requirements, including allegations that Geithner attempted to water down the international deal. Following the financial crisis, there was a "strong consensus" by members of the Basel Committee on Banking Supervision that banks should hold higher capital, Bair said. But international and domestic regulators were divided about what the right level should be. While the panel attempted to hash out an agreement, Bair said Geithner unexpectedly inserted himself into the discussions, calling a meeting in spr ...
Unfortunately, thanks to Federal Reserve Chairman Ben Bernanke soon none of us may be able to afford to buy croissants.
U.S. Bancorp CEO Davis wants Fed to be more coy: Dear Federal Reserve Chairman Ben Bernanke: Stop showing your h...
'In 2008, Federal Chairman Ben Bernanke highlighted the difficulty in obtaining a meaningful gauge for future commodity price movement'
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What Does QE3 Mean to Housing?: Fed Chairman Ben Bernanke announced last week that the Fed would again be pumpin...
A rare film of Fed Chairman Ben Bernanke as a child has surfaced...
Found this short home movie of Fed Chairman Ben Bernanke as a small child.
I have strong negative feelings for chairman Ben Bernanke. The guy is equivalent to last nights refs at the Seattle game.
In today's "Single Best Chart," Scarlet Fu displays the slumping credibility of Federal Reserve Chairman Ben Bernanke after the announcement of QE3. She speaks on Bloomberg Television's "Bloomberg Surveillance."
The Fed’s trickle-down economics: Fed Chairman Ben S. Bernanke has seized the reins of the U.S. economy, announc...
Amid election-year noise and global turmoil last week, Federal Reserve Chairman Ben Bernanke tried to slip another one past the American people. Largely unaccountable and free to print money on demand, Bernanke essentially put into play the mother of all bailouts, a move that will pump billions mor...
the sci-fi bit is that Ben Bernanke's cryogenetically frozen body is reanimated and he takes another term as Chairman of the fed
"I want to be clear -- While I think we can make a meaningful and significant contribution to reducing this problem, we can't solve it. We don't have tools that are strong enough to solve the unemployment problem." - Sept 12, 2012 Fed Chairman Ben Bernanke on QE 3 (legalized counterfeiting often called inflation) LOL! How's that for irony?
Bernanke declares war on Canadian economy: Did you smile or cheer when U.S. Federal Reserve Chairman Ben Bernank...
"A Federal Reserve transformed" Chairman Ben Bernanke goes on another spending binge, except this one doesn't end...
Who is Ben Bernanke? I'm glad you asked. He's the Chairman of the Federal Reserve Bank.
And Bailoust Ben Bernanke settled in as Chairman of the Federal Reserve, beloved of Dmes (along with Paulson). Obama "inherited" from OBAMA
That is, they were ALL responsible along with Bailout Ben Bernanke, who was apponted Federal Reserve Chairman in 2006.
Demise of U.S. dollar a fait-accompli by Fed's indefinite round of QE3 (digital $-no backing), to buy our own debt.
Bernanke + Prez Amateur + 4th Estate keeping you in the dark about QE3? Doug calls it Largest Fraud ever...
History will judge the wisdom of this chairman.
Under Ben Bernanke, a more open and forceful Federal Reserve: In what might be his final years as chairman of th...
Several Federal Reserve officials made clear last week that Chairman Ben Bernanke commands
The Everyman's Guide to Loving and Hating Ben Bernanke, QE, and ZeroP Love it or hate it, Federal Reserve Chairman B...
Fun fact: Fed Chairman Ben Bernanke will make $199,700 in 2012. The top 1% of tax payers earn above $343,927. So he's one of the "99%"
The radio show that allows the Bible and World to collide. The prophets of old allow the readers of today to read their visions as the world brings those visions into reality.
A picture worth a thousand words.how true.
News Summary: Fed may provide more help FED MOVES: Several Federal Reserve officials made it clear this week that Chairman Ben Bernanke c
year after year, what does Fed Chairman Ben Bernanke decide to do in order to 'boost the employment rate' (or so we're told)? He commits the Fed to turning on the printing press in order to buy $40 billion of mortgage-backed securities every month from the very types of institutions that created the entire mess in the first place. That's right, not content to let the banks literally get away scott free with the biggest financial fraud in the history of the world (well, until Libor, anyway), the non-Federal un-Reserve then promises to buy as much of that MBS garbage from those very same banksters as they can print, every month, for the rest of eternity (or until employment picks up, whichever comes first). What other conclusion is possible? The system is bought and paid for. The candidates are controlled. The regulators are owned. The criminals are in bed with the investigators. The system is corrupt from top to bottom. But this is nothing that you don't already know. Most people think that criminals are i ...
(Reuters) - Just four years after toxic U.S. mortgages brought the global financial system to its knees and triggered the deepest recession since the Great Depression, a U.S. housing regulator may be making
Federal Reserve Chairman Ben Bernanke warns failure to avert will trigger recession:
Federal Reserve Chairman Ben Bernanke refinanced his mortgage at low rate - Sep. 6, 2012
Chairman Ben Bernanke made two announcements Thursday about monetary policy: (1) the Federal Reserve will begin its third round of Quantitative Easing, and (2) it will maintain extremely low interest rates of 0 to 1/4 percent until at least mid-2015. These banking actions may sound like gobbledygook, but their effects on our country’s currency are drastically serious. Let’s translate a few things into layman’s terms. “QE3” — what’s this mean? The acronym refers to an unconventional monetary policy called “Quantitative Easing,” and the subsequent number refers to the specific round of easing. Yes, this means the Fed has already completed two rounds without success. The stated goal is to stimulate economic growth. At this point the Fed has forced interest rates as low as humanly possible — any lower and lenders would be paying debtors — so the only option left is to create money out of thin air and inject it into the nation’s money supply by purchasing various banks’ financial asse ...
This just in. We now have video of Fed Chairman Ben Bernanke, as a child, courtesy of Professor Bradley Hobbs.
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Bloomberg's Tom Keene considers Fed Chairman Ben Bernanke, and the criticism he has received on both sides of the political aisle.
The improvements have been steady and the broader economy is likely to benefit. When home prices rise, Americans typically feel wealthier and spend more. A point made by Fed Chairman Ben Bernanke when he addressed the new stimulus measures last week.
The US central bank announced last Thursday that it will undertake open-ended purchases of $40 billion of mortgage debt per month until the labor market improves substantially. Fed Chairman Ben Bernanke, who has introduced the new policy, is of the view that this will revive the economy. It is questionable why all this pumping should revive the economy given that the zero-interest-rate policy and the over $2 trillion in monetary pumping since 2008 haven't been successful. We suggest that by introducing further massive monetary pumping Bernanke is running the risk of severely damaging the US economy. Consequently, this raises the likelihood that the US could remain in a depressed economic state for a prolonged period of time. -Frank Shostak
Great Indian Market Rally N Journey- Started with Fed Chairman Ben Bernanke Jackson Hole meet ,than came super mario ECB Head Mario draghi unlimited bond buying to keep eurozone intact backed by ratification of ESM -EUROPE STABILITY MECHANISM , by German constitutional court . Than came QE3 by Bernanke in FOMC meet to buy MBS - Mortgage backed security to brng unemployment dwn in U.S.A . Than came the turn of our Indian Super Mario Manmohan Singh to bring slew of reforms frm FDI in retail , aviation , broadcasting and power exchanges backed by disinvestment of 5 psu's , CRR cut by RBI and approval of Rajiv gandhi equity scheme and reducing of withholding tax to 5% on all foreign borrowing of Indian companies- Market touhcing 5700 n 18800 level touched last time in july 2011. Cheers N Enjoy the rally...
Would you do me a favor and let Obama know that I know like his "redistribution program when he's going to take my Social Security and raise my Medicare premium to $247.00 in 2014. Why in the increase in premiums if he's got healthcare under control. Is that to pay for the illegals he's given a free 2 year deportation ride. Or for the others that are here illegally and bankrupting our hospitals. It would be cheaper for me in my tax bracket to tell them to shove Medicare and take the Tax Penalty (according to Chief John Roberts who is now making up laws verses interpreting the law). At the same time we have the current Fed Chairman Ben Bernanke embarked on an absolute reversal of Volcker’s policy with QE4. He is launching a monumental effort to buy bonds and inject new money into the economy in order to reignite economic growth and job creation. It’s like history is repeating itself, but in reverse. Gold is soaring, the dollar is falling. Something’s wrong with this picture. So at the end of the day, ...
Ben Bernanke is a true magician US Fed Chairman Bernanke will be remembered not by his three rounds of Quantitative Easing but his magic capability in reducing US budget deficit in real term. In day-to-day financial transaction, we only use rates in nominal terms, be it interest rate, mortgage rate and student loan rate. When the base amount is not substantial and inflation rate is in a good stance, we can almost equal nominal rate to real rate. US budget deficit, given its gigantic amount, however, is a maverick. In 2012, the US Federal government is going to report a budget deficit $1.1 trillion dollars. Inflation rate, thanks largely to QE3, is expected to be 3% on average according to economists’ estimate. By the end of 2012, the US government debt is projected to be $19.156 trillions. Corrected for inflation, the projected budget deficit is going to shrink to $0.525 trillion from 1.1 trillion, with more than 50% reduction. Isn’t Bernanke a magician?
Last week, Federal Reserve Chairman Ben Bernanke once again made a case for the devaluation of the United States Dollar through inflation. We have heard many misnomers referring to the devaluation of our currency, such as Quantitative Easing or economic stimulus, but what is the FED chairman really ...
Editorial: Moves by Federal Reserve most sensible effort: Fed Chairman Ben Bernanke is looking at the whole picture.
Federal Reserve Chairman Ben Bernanke really means it this time. He will rescue the economy. (cont)
$40 Billion Bernanke blunder (Federal Reserve Chairman Ben Bernanke) Stimulus per month forever is going to drive gold up to $2,400
What happens if America falls off the fiscal cliff? Last week, Federal Reserve Chairman Ben Bernanke, a man of...
This week, we discovered the president missed all of his intelligence briefings leading up to 9/11. He ignored multiple warnings of attacks on U.S. interests. The Ambassador to Libya and several other State Department personnel were subsequently murdered by Islamist terrorists and dragged through the streets. Dozens of U.S. embassies and consulates around the globe were targeted for attacks and protests, which are ongoing even today. Federal Reserve Chairman Ben Bernanke announced more money-printing in the form of additional Quantitative Easing, after two bursts failed to spur an economy descending into an outright depression. The labor-force participation rate hit a 31-year low. And the U.S. just registered its fourth consecutive trillion-dollar deficit. But it was Mitt Romney that had a bad week. The MEDIA BIAS in America today is sickening.
Hum, I never thought of this. For those that don't know the Feds are printing alot of money to buy mortgages. This will not correct the problem only mask it. I can't imagagine what the concequence will be. BON Federal Reserve Chairman Ben Bernanke announced his independent, in your face, answer-to-no-one agency will flood the U.S. economy with $40-billion-a-month in counterfeit greenbacks to buy worthless mortgage-backed securities. He said the Fed would continue the policy “until such improvement is achieved in a context of price stability.” That’s Fed speak for “Forever.”
Federal Reserve Chairman Ben Bernanke: Economic recovery is at huge risk if US goes off
5 messages on the economy from Ben Bernake: Federal Reserve Chairman Ben Bernanke said the Fed took aggressive a...
With yesterday's Fed decision and press conference, Chairman Ben Bernanke
On this weekend’s broadcast of ABC’s “This Week,” Washington Post columnist George Will criticized the decision by Federal Reserve Chairman Ben Bernanke to pump more money into the monetary su
You can't accuse Federal Reserve Chairman Ben Bernanke of not living up to his nickname. Back in 2002, Bernanke delivered a speech entitled "Deflation: Making Sure 'It' Doesn’t Happen Here" in which he referenced a statement by economist Milton Friedman about fighting deflation by dropping money fro...
With interest rates at records lows, Federal Reserve Chairman Ben Bernanke has committed to a plan to drive even lower the cost of borrowing for, among other things, home mortgages. His aggressive action is based on the hope that, if loan rates fall, people and businesses will have more to spend, thus stimulating the economy, thus boosting jobs creation. Good luck to all involved. Meanwhile, Bernanke’s move reflects the national disgrace that he’s the only game in town. Because no one in Washington, neither Democrats nor Republicans, is doing a *** thing about America’s unemployment crisis. The Fed should try to free up money as a way to spark growth. But only the U.S. government, Barack Obama, President, can take broad scale fiscal actions designed to get workers working. Distressingly, Obama and congressional Republicans are too busy with presidential politicking even to address the so-called fiscal cliff of automatic tax hikes and deep spending cuts that loom at the start of the year. Read more:
.Will the Medicine become the Poison?. The Federal stimulus, or Quantitative Easing, never works and that it just makes the economy sicker in the end. The stock market collapse we experienced in 2008, wasn't the real crash. The real crash is YET to come. The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation.starting in 2012. The country's financial "rescue" devised in Washington has failed miserably. The blame lies squarely on those whose job it was to avoid the exact situation we find ourselves in, including current Federal Reserve Chairman Ben Bernanke and former Chairman Alan Greenspan, tasked with preventing financial meltdowns and keeping the nation's economy strong through monetary and credit policies. In our country the problem is that interest rates are too low. However, if the Fed lets interest rates go up, which they probably should, we have to realize that we will have a deeper recession, we have to also realize that banks are going to fail! The U.S. dollar and ...
The Federal Reserve Bank "has checked into the Roach Motel of monetary policy," says Peter Schiff in a new rant about Fed Chairman Ben Bernanke's latest
*** scared. Watching C-span right now about Thursday's Federal Reserve Chairman Ben Bernanke's statement about fed's upcoming move to, again, lower interest rates by "asset purchases" to keep the economy moving. There is also the side issue of accordingly "increasing the threshold of inflation expectation" and on top of that, possibly repeating similar actions to help the economy lift. Now this is another round of Quantitative Easing that is proven to be futile if Americans through enterprise don't start spending or moving towards a great decrease in unemployment. Quantitative Easing ultimately will devaluate dollar value/purchase power and if similar actions will be repeated, then the cycle goes on & on . I can only pray "God bless America."
Federal Reserve Chairman Ben Bernanke to print $85 Billion Per Month to purchase Mortgage-Backed Securities for an indefinite period of time. Still think you live in a free country???
Robin McCoy Gibson Guess what our solution to this problem is? Printing several hundred billion a month and funnel that into the system. I guess the answer to not paying any attention to my budget is to get my printer and make me some more money...right...Federal Reserve Chairman Ben Bernanke???
Rare footage of Federal Reserve Chairman Ben Bernanke as a young child growing up in rural South Carolina...
The U.S.A. will never get out of debt as long as Politicans keep blowing money on stupid things. This week Federal Reserve Chairman Ben Bernanke came out with QE3. I believe he did this for one reason, and that is to get President Barack "Hussein" Obama re-elected for a 2nd term in The White House. Face it people, we are DOOMED as a Nation. This is just my opinion though. I could be wrong, but I don't think I am.
Equities have been on fire the past couple of days as Federal Reserve Chairman Ben Bernanke has promised he will keep printing money. The Dow rose over 200 points on the news. George Soros - World Economic Forum Annual Meeting Davos 2010 (Photo credit: World Economic Forum) But shares of Manchester ...
The three biggest problems we face are government, education, and government control of education, which roughly translated means government is controlling what we learn, so we think government controlling our lives, is a good thing, thereby allowing government to do things as “asinine”, as what Obama allowed Fed Chairman Ben Bernanke to do yesterday. And what’s so ironic about Barry and Ben’s “print and spend” strategy, is that it puts more money in the hands of the people Obama chastises, every time he gives a campaign speech. Problem is, the people he’s giving those speeches to, were taught what to think, in a government school, so they are to ignorant (as government intends them to be), to comprehend just how stupid printing more money, and keeping interest rates low is, when you’re trying to fix problems that were caused by too much “cheap money”, to begin with, amazing. Anyone happy with the collapse of the housing industry, should be ecstatic, because the same mistakes that c ...
Two thumbs up for the Federal Reserve Chairman Ben Bernanke's what a chess move with his Rook so close to the elections. Talking about lets play chess, your move Republicans! President Obama has the the Queen, Vise President Joe Biden has the Bishop. I declare game over!
By announcing another massive economic stimulus program just weeks before the election, Federal Reserve Chairman Ben Bernanke delivered a vicious sucker-punch to the Romney campaign and may have rigged the election in favor of Obama. But his actions will likely have disastrous consequences for the A...
Federal Reserve Chairman Ben Bernanke has repeatedly warned that policy changes must be made to prevent spiraling debt from harming our nation’s economic future.
Is the third time the charm? Federal Reserve Chairman Ben Bernanke certainly hopes so, as the central bank launched QE3 in an attempt to stimulate the economy.
Video on msnbc.com: Federal Reserve Chairman Ben Bernanke announced new stimulus action to spur the economy and predictably, Mitt Romney came out and criticized it. And Paul Ryan made a nostalgic visit to Capitol Hill. MSNBC's Lawrence O'Donnell discusses with former DNC communications director Kare...
Everyone expected Fed Chairman Ben Bernanke to announce another round of Quantitative Easing Thursday, and he did. But in the past, there have always been defined limits on how far the Fed would go. This time, there are none. Here's why he said it, and why it's huge.
Fed: Jobless situation, grave concern - Federal Reserve Chairman Ben Bernanke has warned that the country's unemploy...
Federal Reserve Chairman Ben Bernanke speaks on today's Fed announcement, Watch LIVE:
Federal Reserve Chairman Ben Bernanke discusses the Fed's moves to bolster the economy. Fed policymakers lower... ...
Following is from a speech today by Federal Reserve Chairman Ben Bernanke. The Chairman stated the FOMC projects the U.S. unemployment rate to be in the range of 8% to 8.2% through 2013, and to be at approximately 6% at year end 2015. Salient to me is the chair of the Federal Reserve does not qualify his estimate based upon whoever is elected president. Guess he puts no credence in either President Obama's ot Mitt Romney's promise to create jobs.
Fed Chairman Ben Bernanke has made clear the central bank will not sit idly by while unemployment, currently at 8.1 percent, remains so far above levels consistent with a healthy economic recovery.
The conventions have come to a close, and the candidates are back on the campaign trail. Watch for all the latest coverage from the presidential election. Today's programming highlights... 1:00 pm ET -- President Barack Obama speaks in Lions Park in Golden, Colorado. 2:15 pm ET -- Federal Reserve Chairman Ben Bernanke will speak with reporters at the conclusion of a two-day Federal Reserve meeting. 5:00 pm ET -- First lady Michelle Obama speaks with grassroots supporters in Fredericksburg, Virginia. 7:00 pm ET -- Boxing great Muhammad Ali will be presented the Liberty Medal, awarded by the National Constitution Center to those who have strived to secure the blessings of liberty worldwide. 7:30 pm ET -- Vice President Joe Biden addresses the Congressional Hispanic Caucus Awards Gala.
As Fed Ends Meeting, Many Expect Bold Action Thursday, 13 Sep 2012 07:01 AM The Federal Reserve ends a two-day meeting Thursday with expectations high for some new action to jolt the lackluster U.S. economy. Many investors hope the Fed will take the bold step of launching a third bond-buying program. The goal would be to try to lower long-term interest rates and spur borrowing and spending. Further bond purchases could also boost stock prices. Higher stock prices increase wealth and typically lead individuals and businesses to spend more. Some economists think the Fed might put off any new bond buying but extend its timetable for any increase in its benchmark short-term rate. The Fed's current target for any rate increase is late 2014 at the earliest. Fed officials began their discussions Wednesday and will conclude with an announcement Thursday afternoon. The Fed will later release updated projections for economic growth, unemployment and inflation. And Chairman Ben Bernanke will hold a news conference. ...
Favourable German's Constitutional Court ruling lifted mood across global markets on Wednesday. Sensex surpassed the 18,000 level quite smartly while Nifty ended the session at 5,431. All eyes are now set on the outcome of the Federal Reserve meeting which ends today and whether Chairman Ben Bernanke announces another round of stimulus .
The U.S. Federal Reserve is set to end weeks of speculation over how, not if, it will offer up another round of economic stimulus when its two-day policy meeting wraps up Thursday
The nation may be barreling towards a fiscal cliff at the end of the year, but members of Congress returning from a five-week recess say their constituents seem more focused on jobs, the deficit and college football than the dangers to the economy of a year-end surge in taxes and deep automatic cuts...
Every single year, millions of young adults head off to colleges and universities all over America full of hopes and dreams. But what most of those fresh-faced youngsters do not realize is that by taking on student loan debt they are signing up for a life of debt slavery. Student loan debt has bec...
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The students who acquire student debt are in grave danger of being enslaved for life. They cannot bankrupt their way out of this debt. The creditors will increase the debt with higher interest rates and fees when debtors cannot pay because of the lack of decent paying jobs. Once debtors are locked into the usury system, the debt will follow most of them to their graves. You can see this and America's disintegration at www.usdebtclock.org. The numbers are based on official U.S. govt. figures and if anything are an understatement.
Veteran US investor Jim Rogers believes the Federal Reserve has already launched a third round of Quantitative Easing, despite chairman Ben Bernanke failing to mention stimulus measures in his Jackson ...
The most optimistic case for the 2013 economy that I can work out in my head is to assume that the White House has more influence over monetary policy in practice than appears to be the case on the surface. Then we can hope that Mitt Romney has a clearer...
When it comes to achieving his mandate for full employment, Ben S. Bernanke’s willingness to undertake more bond buying shows yet again that he’s the most aggressive and experimental Federal Reserve chairman in history.
In advance of the Federal Reserve’s Quantitative Easing announcement on Thursday, Senator Corker expressed his hope that Federal Reserve Chairman Ben Bernanke would “make clear the limits of what monetary policy can achieve” and argued “artificially lowering interest rates and printing more money will not solve our country’s structural economic issues.” "To get this economy really moving we need true fiscal reform that includes pro-growth tax reform, a long-term plan to restore solvency to Social Security and Medicare, and dramatically lowers the deficit,” said Corker. Read more:
Rare footage of Fed Chairman Ben Bernanke as a child...
Fed Chairman Ben Bernanke is paid about $200,000 a year. That’s not the whole benefits package he gets, of course, and doesn’t count the limos and driver and private aircraft and private dining rooms. But board salaries were originally much lower. When the Fed began, directors were paid just $12,000 a year. But, thanks to the Fed itself, $12,000 doesn’t go as far as it did back then, so they’ve all had raises. Their incomes are all protected from the currency destruction they visit on the rest of the country. The strike at Brazil’s central bank was a one-day affair. But workers there have threatened to call a longer strike if they don’t get the cost-of-living increases they want. Here’s my suggestion to stop all these problems of inflation and currency destruction. Let all the central bankers of the world and all their employees go on a permanent work stoppage. Yeah, that’s really going to happen! For your Freedom and Prosperity, Charles
2 things this week The Release of iPhone 5 and the Release of Universal Religion Chapter 6 by Armin Van Buuren :p well also Fed`s Chairman Ben Bernanke will speak which be also interesting i guess 3 big things this week :p *** of a week i must say lol
For the inaugural issue of Community Banking Connections, a Federal Reserve System publication focused on community banking, staff asked Chairman Ben Bernanke for his perspectives on the benefits that community banks bring to the U.S. economy and the various challenges that they face today.
Federal Reserve Chairman Ben Bernanke refinanced his mortgage last year, but otherwise, his financial disclosures show only plain-vanilla investments.
Precious Metals Market Update September 10, 2012 – Precious metals prices surged for the third straight week and enter the new week supported by the best looking technical charts seen in months. If Federal Reserve chairman Ben Bernanke delivers the new QE program investors expect this week, the price gains should continue in earnest. "Taking a big picture view, it’s been a bull market (for the precious metals) f...
Mac Slavo | Federal Reserve Chairman Ben Bernanke says gold is not money.
By Dr. Duru: Federal Reserve Chairman Ben Bernanke has made the case for further monetary ea...
"The Federal Reserve starts a two-day policy meeting on Wednesday, and markets will keenly await the U.S. central bank's statement issued on Thursday and a media briefing by Chairman Ben Bernanke" I personally feel that in the meeting bernanke will not announce Q3 .I think they will wait and watch atleast till september ends . The markets are up on hopes of Q3 and if it dont comes , equity will come down with same intensity as it rose in past two week .90 percent people are +ve on Q3 . But i am hopeless on this issue atleast for comming week . jo bhi hoga september ke baad hoga .
Stocks, commodities follow expectations for Fed: The expectation that Fed Chairman Ben Bernanke would implement ...
Market Fever Runs High for Fed Action: Fed Chairman Ben Bernanke hasn't said so, but many investors are behaving...
Federal Reserve Chairman Ben Bernanke (Image credit: Getty Images via There is a country that, more ...
Are you better off today than you were four years ago?  This is a question that comes up nearly every election.  This year the Romney campaign has even
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