Bernanke: Recovery will take years

[Bindare_Dundat]

Federal Reserve chief says full recovery from this recession will take more than two or three years.

Federal Reserve Chairman Ben Bernanke said he's hoping the recession could end later this year, but he cautioned that a full economic recovery will take "more than two or three years."

The head of the central bank said a turnaround will only occur "if actions taken by the administration, the Congress, and the Federal Reserve are successful in restoring some measure of financial stability." He also acknowledged there's significant risks to the downside for the economy this year

[Option D]

Federal Reserve chief says full recovery from this recession will take more than two or three years.

Federal Reserve Chairman Ben Bernanke said he's hoping the recession could end later this year, but he cautioned that a full economic recovery will take "more than two or three years."

The head of the central bank said a turnaround will only occur "if actions taken by the administration, the Congress, and the Federal Reserve are successful in restoring some measure of financial stability." He also acknowledged there's significant risks to the downside for the economy this year

No shit.. It took 8 years to get in it..

[Soul Crusher]

No shit.. It took 8 years to get in it..

Longer than that. 


Just look at the recent news bit - "Robert Rubin sued for Ponzi Scheme at Citi"

Do you think he was foing anything different while Sec. Treasury for Clinton?

This has been brewing for many many years.

[MuscleMcMannus]

No shit.. It took 8 years to get in it..

Please..........stop the bullshit.  Clinton was as much responsible for our current economic crisis as anyone.  He signed NAFTA into law which was the beginning of destruction of jobs and American manufacturing.  This isn't a republican vs. democrat issue.  It's a globalist agenda issue.  Every President for the last 75 years is responsible for this mess we are in. 

[MuscleMcMannus]

Hahah Bernanke speaks and the stock market rises.  LMAO!  What a joke. 

[Bindare_Dundat]

Hahah Bernanke speaks and the stock market rises.  LMAO!  What a joke. 

It defies logic. Some days you don't hear shit and it goes down like a stone. Some days it's all bad news and it goes up. Retarded.

[Dan-O]

Exactly, 3333--I'm sure Rubin was just a totally swell guy and then one day suddenly decided to become a greedy crook.  Damn right this mess has been brewing a lot more than 8 measly years.

You can't blame it on any one guy, big_mal.  The mess we're in is a symptom of bigger problems.  And I'm probably just a little prejudiced--I work for a financial software company and talk to these folks on a daily basis and so many of them are complete unmitigated assholes of the first degree.  But like I said I'm probably biased.

[Bindare_Dundat]

In August he said the economy was fine even though we were 8 months into a recession. Just a couple of months ago he was saying the bad times would be over by mid 09 with a recovery in the second half of 09. He is pushing out the deadline because he has NO CLUE what he is talking about.

[MuscleMcMannus]

In August he said the economy was fine even though we were 8 months into a recession. Just a couple of months ago he was saying the bad times would be over by mid 09 with a recovery in the second half of 09. He is pushing out the deadline because he has NO CLUE what he is talking about.

All he's doing is buying time.  You now that old saying that if you throw a frog into boiling water it will jump out but if you bring the water to a slow boil you'll kill it?  That's exactly what's happening to our economy.  And if you don't think this is all planned......well like they say....keep drinking the kool aid.  We are on our way to the nationalization of banks and our financial system but the only problem is it will all be at the behest of the private federal reserve cartel. 

[Bindare_Dundat]

All he's doing is buying time.  You now that old saying that if you throw a frog into boiling water it will jump out but if you bring the water to a slow boil you'll kill it?  That's exactly what's happening to our economy.  And if you don't think this is all planned......well like they say....keep drinking the kool aid.  We are on our way to the nationalization of banks and our financial system but the only problem is it will all be at the behest of the private federal reserve cartel. 

I enjoy your posts bud. Keep em coming.

[Option D]

Please..........stop the bullshit.  Clinton was as much responsible for our current economic crisis as anyone.  He signed NAFTA into law which was the beginning of destruction of jobs and American manufacturing.  This isn't a republican vs. democrat issue.  It's a globalist agenda issue.  Every President for the last 75 years is responsible for this mess we are in. 

so this is a combination of like 10 things is what youre saying.
Ill definatley say NAFTA fucked us.
What are some other factors

[Soul Crusher]

so this is a combination of like 10 things is what youre saying.
Ill definatley say NAFTA fucked us.
What are some other factors

Dont you realize - this is not a Dem/Gop issue - its a global bankers/govt in bed with each other mess.

Both parties are equally guilty since both are deeply in bed with the bankers.

Go read my article about Robert Rubin at Citi.

His self proclaimed protege' is Geithner.

Stanford is  huge Dem donor as was Madoff. 

There is an article today on CNBC that Bidens' family was involved  with Stanford.

The govt is as bad or worse than the greedy pigs in the banks.   

[MuscleMcMannus]

so this is a combination of like 10 things is what youre saying.
Ill definatley say NAFTA fucked us.
What are some other factors

Look, most people can't handle the term new world order.  Their mind is brainwashed to automatically conjure up images of bigfoot and the lochness monster.  Everything happening in the world right now, especially in the US, is a catalyst to concentrate power and usher in a new world government and one world currency.  This isn't some conspiracy theory.  The centralization of world governments and the global economy is as old as Plato's Republic.  The power elite (banks, monopolistic corporations, extremely influential wealthy families) that run the world have been vying for power over our country since our country declared independence.  The American people are having war waged upon their way of life.......problem is most don't even realize it.  

Also Clinton oveturned the Glass-Stegall act as well.  The American people need to quit buying into this game that one political party is better or more capable than the other.  They ALL are throwbacks to the wealthy global elite.  George Soros was pretty much single handedly responsible for putting Obama in office.  Now take that a step further and look into the beliefs of this very rich and powerful man.  You'll come to understand what I'm talking about.  Obama is simply a puppet.  

[Soul Crusher]

Just like KRS One said - Obama is the black face on the NWO.

[MuscleMcMannus]

Just like KRS One said - Obama is the black face on the NWO.

Somebody laughed at me in another thread but I'll say it again........the negro race overall is very resistant to "mind control".  Dig deeper into what I mean and it will put a lot of global geopolitics into perspective.   

[SAMSON123]

It defies logic. Some days you don't hear shit and it goes down like a stone. Some days it's all bad news and it goes up. Retarded.

PLUNGE PROTECTION TEAM.....research it.

[MuscleMcMannus]

PLUNGE PROTECTION TEAM.....research it.

Also known as the Government's working group on financial markets. 

[Soul Crusher]

Also known as the Government's working group on financial markets. 

What a circus. 


The more I see day to day, the more I know Celente is 10000% accurate about what is coming.

[astro]

question: i also believe that they are trying to introduce a one world currency, with that said does anyone know what is the best way to preserve wealth? (currently have cash in the bank)

[Soul Crusher]

question: i also believe that they are trying to introduce a one world currency, with that said does anyone know what is the best way to preserve wealth? (currently have cash in the bank)

Go work for the govt.

[astro]

i like that, but not an option

[Option D]

Somebody laughed at me in another thread but I'll say it again........the negro race overall is very resistant to "mind control".  Dig deeper into what I mean and it will put a lot of global geopolitics into perspective.   

yeah with dumb ass statements like that its hard to take you serious...you obviously dont know how to group sections of the population..well to let you know..race isnt an accurate way to track a phenom...

[Soul Crusher]

yeah with dumb ass statements like that its hard to take you serious...you obviously dont know how to group sections of the population..well to let you know..race isnt an accurate way to track a phenom...

Go listen to the KRS One video.  It was very good.  KRS One is a man well ahead of his time. 

[Hedgehog]

I enjoy your posts bud. Keep em coming.

Bro, you're all over the place.

You do realize McMannus is more "socialist/anarchist" than any other poster on this board?

Compare his views to those of Naomi Klein and Noam Chomsky, two authors which I'm sure McMannus have both read and agrees with.

Your former favorite Ron Paul is an avid free-trade supporter ie globalization.

McMannus gave some pretty good cold hard facts on globalization.

Maybe you are socialist-anarchist in disguise, without even knowing it, Bindare? 

Somebody laughed at me in another thread but I'll say it again........the negro race overall is very resistant to "mind control".  Dig deeper into what I mean and it will put a lot of global geopolitics into perspective.   

You can't expect to be taken seriously when making BS statements about the "negro race".

First of all, there's no fcuking "negro race".

You got Somalians, Massais, West-Africans, Pygmees et al.

All these ethnicities have a different history.

And there's no fcuking evidence that they would be more resistant to "mind control".

What load of bullshit is that?


You could argue the total opposite as well - that because "negro" countries have on average a lower IQ (source Vanhanen, Wealth of nations), they would be easier to control.

You ridicule yourself. And anyone who buys into your shit do too.

[MuscleMcMannus]

yeah with dumb ass statements like that its hard to take you serious...you obviously dont know how to group sections of the population..well to let you know..race isnt an accurate way to track a phenom...

Negro is a term referring to people of Black ancestry. Prior to the shift in the lexicon of American and worldwide classification of race and ethnicity in the late 1960s, the appellation was accepted as a normal neutral formal term both by those of Black African descent as well as non-African blacks. Now it is often considered an ethnic slur[1][2][3] although the term is considered archaic and is not common as a racist slur. The term is still used in some contexts for historical reasons such as in the name of the United Negro College Fund.[4][5] "Negro" means "black" in Spanish, Portuguese, and ancient Italian[6]; all of these derive from the Latin guy (i.e. "black").

Modern synonyms in common use include the following:

Black
Black African
African American (in U.S.A.)
Dumb ass?  Do the fucking research and understand what I'm saying before you yourself come off as a dumbass.  I'm taking about "Africa" and the cultures and people that make up Africa hence the term "negro".  The negroid race.  That's all I meant.  It's just a term. 

Anyways, this is what I'm talking about
http://en.wikipedia.org/wiki/Credo_Mutwa
http://www.newsforthesoul.com/icke-june25-2005.htm

Now watch this fucking video and learn something.  If you can get passed the alien/reptillian bullshit you can understand what I'm talking about.