Fed Chair Renews Warning On Oil Prices

Giving no clear signal that the unprecedented string of interest rate hikes is really over, Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that the slowing housing market and the economy ... Read more
speed_buggy

United States

#1 Jul 19, 2006
I would recommend barbituate enemas and a morphine pump.
Easymoney

United States

#2 Jul 19, 2006
speed_buggy wrote:
I would recommend barbituate enemas and a morphine pump.
Quite the popular tonic in Pulaski, which we hope is a dry county.
Gas Rises Shiite Falls

Berlin, WI

#4 Jul 20, 2006
WARNING! WARNING! WARNING!

Oil stocks rise ... Fuel stocks rise ... Gasoline prices rise ... Diesel fuel prices rise ... Tempers rise ...

It's a VIAGRA World? Take two and type your reply in the evening ...

Just An Observer

Oscoda, MI

#6 Jul 20, 2006
Bernanke's a dope in economics 101. Period.
Bubba

New York, NY

#7 Jul 20, 2006
Just An Observer wrote:
Bernanke's a dope in economics 101. Period.
I agree, one minute he says inflation will probably go down in the coming months, then he identifies and warns about core items of inflation rising in price.
I do not get a good feeling about this puppet.
speed_buggy

Milwaukee, WI

#8 Jul 20, 2006
Reserve a floor at the hospital and put them in protective stasis as I recommended earlier.

They are doing everything to save the economy except one thing, minding the worker and the consumer. They are out of money and the summer isn't half over.

Their efforts are doing nothing but sucking the money out of society, making it crash.

The housing boom was a contrivance with a certain amount of them hooked into an adjustable interest rate that was a good deal then. Now they suffer, they realize they did not get a deal, so they didn't after all get a $150,000 investment for $75,000 did they? Between adjustable interests rates and financially hurting states inflating the value of property to get the extra tax they will be paying $250,000 before its over that is if they don't sell it at a loss before the year is out to pay for gas in the car and heat in the house and food on the table.
Bubba

New York, NY

#10 Jul 20, 2006
speed_buggy wrote:
Reserve a floor at the hospital and put them in protective stasis as I recommended earlier.
They are doing everything to save the economy except one thing, minding the worker and the consumer. They are out of money and the summer isn't half over.
Their efforts are doing nothing but sucking the money out of society, making it crash.
The housing boom was a contrivance with a certain amount of them hooked into an adjustable interest rate that was a good deal then. Now they suffer, they realize they did not get a deal, so they didn't after all get a $150,000 investment for $75,000 did they? Between adjustable interests rates and financially hurting states inflating the value of property to get the extra tax they will be paying $250,000 before its over that is if they don't sell it at a loss before the year is out to pay for gas in the car and heat in the house and food on the table.
You're absolutely correct. As a mortgage broker friend explains, the real estate lending market has been built on top of a ouse of very very fragile cards, which is due to crumble anytime now, especially with the flippers now concentrated on useless farm land.
Easymoney

United States

#12 Jul 24, 2006
A significant component of global warming is hot air from D.C.
Just An Observer

Oscoda, MI

#14 Jul 25, 2006
john madison ohio wrote:
<quoted text>not only from d.c. but also oval office and the feds office..
Looooove It!
need change

Prospect Heights, IL

#15 Jul 26, 2006
ok car sales are way down, house sales are down, lets raise the interest rates again...
john madison nebraska

Toronto, Canada

#16 Jul 27, 2006
need change wrote:
ok car sales are way down, house sales are down, lets raise the interest rates again...
I do not need a phd to raise or lower the interest rates..you mean the price of oil goes triple fold and mr.bernanke states there is no inflation...What is wrong with our feds office...boy..I surely would not take his word for the truth...

Since: Jul 11

Location hidden

#17 Jun 26, 2014
Bubba wrote:
<quoted text>
You're absolutely correct. As a mortgage broker friend explains, the real estate lending market has been built on top of a ouse of very very fragile cards, which is due to crumble anytime now, especially with the flippers now concentrated on useless farm land.
The Amercan Dream Downpayment Act of 2003
Halito

Winnemucca, NV

#18 Jun 26, 2014
Easymoney wrote:
A significant component of global warming is hot air from D.C.
What is the Invisible Law?

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