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MainstLegend

December 10, 2007

Posted by MainstLegend

Does Ben Bernanke Know what he is doing?

Is Fed chief Ben Bernanke making mistake after mistake to please the markets, but in doing so permanently hurting the US economy. I believe so but I want to hear your thoughts. I'm new here, I hope this is welcome.

Comments

  1. MainstLegend: Since no one has answered yet I will. I think Bernanke is bending over the Wall Street and in doing so hurting the economy. I think our economic leaders are blinded by only focusing in on the markets and not paying attention to what's really happening to the US economy. Look at the dollar, please... Not the DOW average at the EOD

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invsense

December 11, 2007

Posted by invsense

0 stars ( 0 ratings )

The fed would not be cutting rates if there wasn't a financial crisis. The rest of the economic conditions are decent.

Banks took abusive risks and today the fed will be coming in to save the day. Why is Wall Street getting this preferred tier of citizenship? I'll be making money from the feds move today, don't get me wrong. I will say I do have long-term concerns with where Bernanke is moving the fed.

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