Results 1 to 5 of 5
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
02-24-2009, 12:30 PM #1AprilGuest
Fed chief: U.S. suffering ‘severe contraction’
Fed chief: U.S. suffering ‘severe contraction’
Bernanke says the Fed will use all tools available to provide relief
BREAKING NEWS
updated 44 minutes ago
WASHINGTON - Federal Reserve Chairman Ben Bernanke told Congress Tuesday the economy is suffering through a “severe contractionâ€
-
02-24-2009, 12:43 PM #2
Re: Fed chief: U.S. suffering ‘severe contraction’
In addition, Treasury Secretary Timothy Geithner has revamped a controversial $700 billion bank bailout program to include steps to partner with the private sector to buy rotten assets held by banks as well as expand government ownership stakes in them — all with the hopes of freeing up lending. The Obama administration also will spend $75 billion to stem home foreclosures.
Those and other bold steps — including a soon-to-be-operational Fed program to boost the availability of consumer loans — for autos, education, credit cards and other things — should over time provide relief and promote an economic recovery, Bernanke said.
FREEING UP LENDING AND BOOSTING THE AVAILABILITY OF CONSUMER LOANS IS NOT GOING TO MAKE A DAMN BIT OF DIFFERENCE IF MASSIVE NUMBERS OF WE THE PEOPLE HAVE NO JOBS, NO HOMES, NO MONEY TO BUY BASIC NECESSITIES SUCH AS FOOD...MUCH LESS CHEAP FOREIGN IMPORTS!!!!!
-
02-24-2009, 01:57 PM #3
****updated 44 minutes ago
WASHINGTON - Federal Reserve Chairman Ben Bernanke told Congress Tuesday the economy is suffering through a “severe contractionâ€Keep the spirit of a child alive in your heart, and you can still spy the shadow of a unicorn when walking through the woods.
-
02-24-2009, 02:37 PM #4
The problem with this whole government is incompetence!!
........."Red Alert".........
Maryland needs help alipacer's , calls, faxes and e-mails
One day left to stop drivers licenes from illegal aliens !!
Instructions and Contact info:
http://www.alipac.us/ftopic-147196-days ... asc-0.htmlPlease support ALIPAC's fight to save American Jobs & Lives from illegal immigration by joining our free Activists E-Mail Alerts (CLICK HERE)
-
02-24-2009, 05:52 PM #5AprilGuest
And they need to start saying DEPRESSION because that is what we are in!
JOE BIDEN WANTS TO BRING IN GAZA RESIDENTS AND GIVE THEM...
05-02-2024, 01:19 PM in Videos about Illegal Immigration, refugee programs, globalism, & socialism