Article

2010-11-05 Economy

Doubts grow over wisdom of Ben Bernanke 'super-put'

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Posted by tipper 2010-11-05 04:59|| || Front Page|| [11127 views ] Top

#1 You don't say?!

Just like a mirror reflects how you are, the currency reflects the economy (but it isn't the economy).

This is just like bending the mirror because you see a reflection that's too flabby. It don't move a single pound of flab and you risk breaking the mirror.

Posted by Bright Pebbles 2010-11-05 07:39|| 2010-11-05 07:39|| Front Page Top

#2 This amounts to a big TAX increase, just with a much fancier name & with no legislative interference.

Posted by Anguper Hupomosing9418 2010-11-05 08:15|| 2010-11-05 08:15|| Front Page Top

#3 One of the consequences of this week's election: (Reuters) - Republican Representative Ron Paul on Thursday said he will push to examine the Federal Reserve's monetary policy decisions if he takes control of the congressional subcommittee that oversees the central bank as expected in January.

"I think they're way too independent. They just shouldn't have this power," Paul, a longtime Fed critic, said in an interview with Reuters. "Up until recently it has been modest but now it's totally out of control."

Posted by Anguper Hupomosing9418 2010-11-05 08:34|| 2010-11-05 08:34|| Front Page Top

#4 Do you think just maybe these Harvard types aren't the smartest people in the room?

How about a long term commitment on the part of this country to rebuild American industry and technology? Quit creating quick fixes and bubbles by so-called smoke and mirrors geniuses.

Oh, this would require some liking for capitalism and private industry?

Posted by JohnQC 2010-11-05 08:35|| 2010-11-05 08:35|| Front Page Top

#5 These Harvard types IMHO are the biggest sufferers of Dunning Kruger.

Posted by Bright Pebbles 2010-11-05 09:12|| 2010-11-05 09:12|| Front Page Top

#6 Essentially, obama raised taxes on 100% of Americans, and those at the bottom of the economic chain will suffer the most.

What ever that big fat LIAR says, the exact opposite is what he is actually doing.

Our President is a FRAUD.

Posted by newc 2010-11-05 11:36|| 2010-11-05 11:36|| Front Page Top

#7 Ron Paul running the committee that supervises the Federal Reserve? And he will have investigatory and subpoena powers?

That is the best news I have heard in a long time.

It looks like Audit the Fed will be more than just a slogan.

Posted by No I am The Other Beldar 2010-11-05 14:12|| 2010-11-05 14:12|| Front Page Top

#8 JohnQC, the Harvard types really are about the smartest people in the room; the problem is they believe they are a whole lot smarter than they are. Smarter than God, even. Wrong for Adam & Eve, wrong for them.

Posted by Glenmore 2010-11-05 18:02|| 2010-11-05 18:02|| Front Page Top

#9 In other words....

"Professing themselves to be wise, they became fools." Romans 1:22 (KJV)

Posted by CrazyFool 2010-11-05 18:13|| 2010-11-05 18:13|| Front Page Top

#10 Smarter means you get to stupid faster, if you're facing the wrong way.

Posted by trailing wife 2010-11-05 19:04|| 2010-11-05 19:04|| Front Page Top

#11 Buying Swiss Francs Monday . . . if the dollar will still do such an amazing thing!

Posted by Pancho Angise6853 2010-11-05 20:35|| 2010-11-05 20:35|| Front Page Top

23:54 CrazyFool
23:52 JosephMendiola
23:49 JosephMendiola
23:41 JosephMendiola
23:32 JosephMendiola
23:22 JosephMendiola
23:19 JosephMendiola
23:13 JosephMendiola
22:56 JosephMendiola
22:51 JosephMendiola
22:30 Private Eye
22:30 tu3031
22:27 JosephMendiola
22:20 Scooter McGruder
22:13 Clomoper Tojo7303
22:10 Pappy
20:54 tu3031
20:52 Frank G
20:37 trailing wife
20:35 Pancho Angise6853
20:29 trailing wife
20:25 Nancy Pelosi
20:14 tu3031
20:12 newc