Fed Is Prepared to Take Further Action on Economy: Bernanke

[ASusilovic]

The Federal Reserve is prepared to take further steps to help a fragile economic recovery held back by a weak job market and financial stresses in Europe, Fed Chairman Ben Bernanke said Tuesday.



http://www.cnbc.com/id/44771119

 

[hoodooman]

WALL STREET WILL HAVE TO GIVE IT BACK IF HE DOES. THEIR POCKETS ARE FULL.

 

[Scataphagos]

There is nothing the Fed CAN do... "financial engineering", printing money, etc is just more PCJ.

America needs a strong wave of REAL economic growth and increasing employment. Not possible in our current political, tax, regulatory environment. (And even when/if Odumbo gets deposed, highly unlikely to change... regardless of who takes his place.)

We need a FUNDAMENTAL change... one such change will be when the Boomers die out... 30-40 years from now. Can everybody wait that long?

 

[EMRGLOBAL]

Yawwn....more of the same old Cool Aid from the FED.

Ok, so, what are they going to do?


Nothing~!


There is a revolution that is brewing to get rid of the FED and to return "Printing money" powers back to CONGRESS LIKE THE CONSTITUTION SAYS.