Say it ain't so...

Mercor

Mercor

WASHINGTON – Federal Reserve Chairman Ben Bernanke said Tuesday that the worst recession since the 1930s is probably over.

I feel so much better...
 
Quote from Mercor:

WASHINGTON – Federal Reserve Chairman Ben Bernanke said Tuesday that the worst recession since the 1930s is probably over.

I feel so much better...
More...

Pretty bold proclamation from a guy who didn't even see it coming.
 
In other words, Bernanke has waited as long as possible to make this incredulous claim, because the government shell game of "confidence" can buy, at most, one or two more months of rigged data (the Cash for Clunkers "success" is a perfect example), before they can't hide the STD warts of this economy anymore.

The U.S. has Hepatitis C, and the rest of the world is going to catch Tuberculosis.

All these claims of recovery would be so laughable if the truth in the real world weren't so tragic.
 
Quote from ByLoSellHi:

In other words, Bernanke has waited as long as possible to make this incredulous claim, because the government shell game of "confidence" can buy, at most, one or two months of rigged data (the Cash for Clunkers "success" is a perfect example), before they can't hide the STD warts of this economy anymore.

The U.S. has Hepatitis C, and the rest of the world is going to catch Tuberculosis.

All these claims of recovery would be so laughable if the truth in the real world weren't so tragic.
More...

Why is it you never call the "bad" data rigged, only the good? You are a negative kind of guy aren't you?
 
All this stuff may be laughable but it doesn't change the fact that the market can only go up now.
Its engineered that way. All this money printing and phony accounting. It maybe make believe but it is what it is.
The only glitch in their plan IMO is the dollar. And its still not under the 2008 lows..
If the dollar starts breaking to new lows with any kind of force, then watch out. But until then, only upside on this stock market.
 
Quote from Mercor:

WASHINGTON – Federal Reserve Chairman Ben Bernanke said Tuesday that the worst recession since the 1930s is probably over.

I feel so much better... [/QUOTE

California---Got Jobs?
Nope, but I guess the left coast goes unnoticed just like it did in the formation of this debacle.

I can remember the last blowhard before Bernanke pushing variable mortgages.

WAKE UP WASHINGTON
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