Bernanke: Recovery “close to faltering”, Fed could act

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Prisonplanet comment: Which “recovery” would this be?

Pedro da Costa and Mark Felsenthal
Reuters
October 4, 2011

The Federal Reserve is prepared to take further steps to help an economic recovery that is “close to faltering”, Fed Chairman Ben Bernanke said on Tuesday.

Citing anemic employment, depressed confidence and financial risks from Europe, Bernanke urged lawmakers not to cut spending too quickly in the short term even as they grapple with trimming the long-run budget deficit.

He also made clear the Fed — the U.S. central bank — stands ready to ease monetary conditions further following its launch of a new stimulus measure in September.

“The (Fed’s policy-setting Open Market) Committee will continue to closely monitor economic developments and is prepared to take further action as appropriate to promote a stronger economic recovery in the context of price stability,” Bernanke told the Joint Economic Committee of Congress.

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13 Responses to “Bernanke: Recovery “close to faltering”, Fed could act”

  1. The Federal Reserve is bankrupting the nation… paper money will become worthless… you have to prepare yourself and your family for the financial crisis ahead.

    (click on my profile name to go to my blog to see full video)

  2. AMERICA GOING BANKRUPT! Economic Collapse – Imminent Global Financial Crisis and U.S. Dollar Collapse!

    BUT I’LL SHOW YOU HOW TO EARN 418% RETURN Using The Black-Box Investment Strategies Of The Rich.

    There are 3 Steps you need to take action right now to protect yourself and your love ones

    (click on my profile name to go to my blog to see my full video)

  3. GIVE THE MONEY TO THE PEOPLE YOU FKEN MORONS.

    WE;LL SPEND THE ECONOMY BACK INTO SHAPE.

    ANYTHING ELSE IS SIMPLY LOOTING THE FED.

    Sam_Wheat Reply:
    October 4th, 2011 at 12:52 pm

    hoaxie, tell the attendant to give you your meds and to change your diaper.

    You’re beginning to get ripe, and you make squishy sounds when you waddle.

  4. This whole ‘recovery close to faltering’ idea is myth. There was no recovery except for an attempt at government stimulus followed by some doctored government statatistics. They invented terms like ‘a jobless recovery’, a fiction. We have been in some sort of depression since 2008. What Bernanke is saying is that the big banks are still wildly insolvent despite an unheard of degree of stimulus, but he will do ‘whatever is necessary’ to save these zombie criminal institution, which actually own the Fed and him, no matter what it does to our currency. The stock market is starting to get wise to him and no longer rallies on his declaration. He needs to be removed before he can do more damage to our country and the world economy.

  5. Translation: the rape and pillage will continue because the jobs are gone and your fooked!

  6. I was going to read this article, but then I noticed it was from the Rothchild controlled Reuters.
    Nothing to see here. Move on.

  7. What’s he gonna do next, pay-lend us to borrow more monopoly money they can spend and don’t lend?
    How about shoring up the economy by not stealing assholes? Keynesian New Age twentieth century refugee. Get a real job shithead.

  8. Bernanke: Recovery “close to faltering”, Fed could act
    —————————————————————

    “close to faltering”?!!!! It has “faltered”. Hard to imagine what set of “cooked books” Bernanke is looking at. Then again, he is the NWO puppet of choice. He does as he is told. Maybe he can”sit, catch, roll over, fetch and heel” as well. He has the “face” for it.

    Bravo2………out

    Super Duper Man 1776 Reply:
    October 4th, 2011 at 11:05 am

    WHEN YOU PRINT YOUR OWN PAY CHECK IT’S HARD TO KNOW WHERE THE BOTTOM IS !

  9. Bernacke it’s the SOSDD .

  10. Bernanke has one routine that he plays over and over again. Print more money, to give to the banks, so that they can give it to their executives as bonuses. Of course, Bernanke gets 10% under the table. That fricken Zionist pig should be shot.

  11. “Fed Could Act”

    “Act” what!?

    What else is this Judensau going to do to thoroughly phuck things up!?

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