Comments:US Fed chairman Bernanke says recession could end this year
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If Bernake says that the recession is over by the end of this year, that means the recession will be over this year. The private bank (The Federal Reserve) controls our money supply, and when they say a recession is over... its over —The preceding unsigned comment was added by 70.21.26.217 (talk • contribs)
Unfortunately, I do not believe that it is so easy. This is a worldwide problem and I find it hard to believe that it will be solved by our Country alone, and by the end of the year. It is true that the Federal Reserve is a private establishment that controls our money, and given that power, it is a wonder that they allowed such a recession to take place in the first place. This leads me to question both motive and ability. Did they actually have the power to prevent this? If so, what did they hope to accomplish?
My own, perhaps uneducated, opinion is that this recession accomplished a redistribution of the wealth in a manner favorable to the already wealthy. Either that or the Federal Reserve is impotent in solving our problems and managing our money. —The preceding unsigned comment was added by 96.60.23.99 (talk • contribs)
Bernanke hasn't got a very reliable record for accuracy, or forthrightness. The economy is still in the process of switching tracks, and even that may not be finished by mid-year, so it's far too soon to call it 'the right track', much less that we'll be out of it by 2009. 97.81.77.13 01:38, 18 March 2009 (UTC)
need of the hour ......
[edit]Its not all about stock markets alone.. More about consumer behaviour.. No customers .. Decrease in sales .. job cuts .. repeat from the beginnning of the line.. So, More government spending is needed in this needy hour.. Bail is OK to some extent .. Then government should continue to expand its equity base in bailed-out companies in return. Fiscal frugality in Private sector, not by Government.. —Preceding unsigned comment added by Ved9876 (talk • contribs) 04:24, 17 March 2009 (UTC)
So this is the face of one of those people about whom we as a people can do nothing. For our own good, to liberate ourselves, or create economic balance. I always wonder how often those pompous white collar jerks think about the rest of the country. Not very often, I'd wager. He doesn't look like he misses sleep over the distribution of wealth in this country.
So that means other countires would end the recession after United States, Really hesitate to what he said. —Preceding unsigned comment added by 120.14.72.46 (talk) 06:53, 17 March 2009 (UTC)
- You don't see people on street corners doing a three-card-shuffle based scam anymore; they took out college loans, learned finance, and have been screwing the world via Wall Street ever since. --Brian McNeil / talk 11:48, 17 March 2009 (UTC)
- well Brian McNeil i relize that your point of view has the right to be heard, but when it shows your ignorance, i would keep it to your self. oh and England and the US, two diffrent countrys that may share many many coultural similarities, that are as i said two diffifrent countrys.--weirdjrc (talk) 15:34, 17 March 2009 (UTC)
- One, I am not in England, and I am not English. Two, I am well aware of cultural differences between the USA, and the United Kingdom (which I am also not in). Three, don't tell people they have no right to express an opinion, or if you do, get a god-damned spellchecker before doing so - otherwise you look like an ignorant hick who'd fail a third grade spelling-bee. --Brian McNeil / talk 15:42, 17 March 2009 (UTC)
- well Brian McNeil i relize that your point of view has the right to be heard, but when it shows your ignorance, i would keep it to your self. oh and England and the US, two diffrent countrys that may share many many coultural similarities, that are as i said two diffifrent countrys.--weirdjrc (talk) 15:34, 17 March 2009 (UTC)