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Fed Chief Expects Economy to Rebound

Federal Reserve Chairman Ben Bernanke predicted Tuesday the economy will rebound from an anemic performance at the start of the year even if the housing slump continues.

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unkknown
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#1
Jun 5, 2007
 
awesome
Sue
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#2
Jun 9, 2008
 
Ya, right.....I'm sure most of America would agree with his assessment of the economy....
Hang em High
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#3
Jun 9, 2008
 
Yea the economy will rebound as long as we don’t elect the Marxist and his $880 billion tax hike.

Message to stupid, in a recession you CUT taxes.
Hang em High
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#4
Jun 9, 2008
 
Sue wrote:
Ya, right.....I'm sure most of America would agree with his assessment of the economy....
What cheap gas? Drill for oil. Elect Republicans next time. Maybe you will feel better about the economy.
GOD
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#5
Jun 16, 2008
 
Bernanke,Paulson and this whole crew in charge should be hung.
Mordac
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#6
Jun 16, 2008
 
Yeah, right. Shut up and die, that's the Republican health plan. Survival of the financially fittest. Those that can pay get the care. Those that don't, we won't even pay for a cardboard coffin. But isn't that the American way? I got mine, to hell with everybody else!
Carolyn
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#7
Jun 16, 2008
 
I have repeatedly heard/read that about half of our health costs result from our unhealthy livestyles. If you are overweight, smoke and/or unfit,etc. you MUST take measures to lower your own personal risk and as a result keep costs down for all. Insurance should be rated by risk, just as car insurance is. High risk people...who make their choices each day by diet/excercise...need to pay high risk rates. Those of us who eat right, etc. should not have to pay inflated rates to cover those who choose not to.
Oops
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#8
Jun 16, 2008
 
The system is broken and they are trying to put a bandaid on a ruptered artery. The federal reserve is neither federal or has any reserves. Its a smoke and mirror institution that has hijacked our treasurys job . Read here how weve been conned:

http://federal-reserve.net/
African4
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#9
Jun 17, 2008
 
Listen guys it's bound to rebound.

Like a basketball when it hits the FLOOR.

After you've hit rock bottom, you can only go up.
Olga Fugusev
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#10
Jun 17, 2008
 
Mordac wrote:
Yeah, right. Shut up and die, that's the Republican health plan. Survival of the financially fittest. Those that can pay get the care. Those that don't, we won't even pay for a cardboard coffin. But isn't that the American way? I got mine, to hell with everybody else!
If you don't like it then work harder, take some risk and you too can be rich. Then you can have access to excellent medical care and health insurance. That is the American way.
African4
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#11
Jun 17, 2008
 
It's all about competition. Pity that in some cultures it's all about whining the loudest.
Head Hunter
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#12
Jun 17, 2008
 
Mordac wrote:
Yeah, right. Shut up and die, that's the Republican health plan. Survival of the financially fittest. Those that can pay get the care. Those that don't, we won't even pay for a cardboard coffin. But isn't that the American way? I got mine, to hell with everybody else!
Republicans support Medical Savings Accounts. Pay into a savings account and get cheap $5,000 deductable health insurance. You build up the account when your young and when you get sick use the account to satisfy the deductable.

Deduct the insurance premium from your taxes.

Democrats oppose this because people would control their own health care choices.

Stop reading propaganda.
Booyah
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#13
Jun 17, 2008
 
Yeah sure, they've been expecting a rebound for well over two years now...I guess if they hold out long enough they're bound to be right at some point...Question is, what year will it be...
Tony G
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#14
Jul 15, 2008
 
Damn you give new meaning to the phrase dumber than a box of rocks. How about dumber than a Georgian Republican.
Hang em High wrote:
<quoted text>
What cheap gas? Drill for oil. Elect Republicans next time. Maybe you will feel better about the economy.
Spuds
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#15
Jul 15, 2008
 
Todays Headline
Bush: Troubled financial system basically sound!

One of Hitlers tactics was ... if you repeat something enough, people will start believing it.

It's not working
Spuds
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#17
Jul 15, 2008
 
If the cost of transportation continues to rise (High fuel costs), Capitalism will step in. It will become cheaper to make things here then in places like China .. the high oil goes the more manufacturing will have to return
Bentnotbroken wrote:
Our economy has no way to rebound. This gov gave away the most potent recovery--economic engines, which was all our manufacturing.--OOPS, that's right, mcdonalds is now considered manufacturing. hahahahahahahahaha
Our nation has no recovery vehicles. All americans tax money went to paying for all our manufacturing to go overseas.
Our gov bribes the heads of other govs to do their bidding and our gov steals all that money from us, to further the small businesses made so huge by our taxes, that the gov now steals even more from us to bail them out, while they all got very rich--by the theft of the gov, on their behalf.
The gov doesn't care, business doesn't care, the media doesn't care, while they allow all the cheap, illegal laborers, to lower all the hardest working americans pay, because, well, congress said so many times that the poor in our nation should be like the poor in all other nations. Or at least that was their innuendo.
Home prices must revert back to 1996 prices or below, before any rebound is possible.
Anyone that buys a home now will lose a lot, before all is said and done.
The bail-out of fannie and freddie is being done for the banks, because as home prices lose more and more value, more and more americans will walk away from their homes. Americans don't like being cheated and they are seeing more and more how this gov really operates, along with how businesses use illegal labor. Congress wants all the cheap labor for these businesses and how our so called leaders and businesses say americans won't do the work.
Americans are starting to see all the theft and manipulation by business, gov and media, working hand in hand, to lie, cheat and steal from them.
The murder of all the innocent Iraqi's isn't sitting well with quite a few either. The real giant is waking from its slumber.
puck the cone head
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#18
Jul 15, 2008
 
African4 wrote:
Listen guys it's bound to rebound.
Like a basketball when it hits the FLOOR.
After you've hit rock bottom, you can only go up.
I had to go to the MALL the other day, and was very suprised to see how crowded it was with people shopping. "The BOTTOM is still a long, bumpy road down".
Orlando321
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#19
Jul 15, 2008
 
GOD wrote:
Bernanke,Paulson and this whole crew in charge should be hung.
YES, THE "FED FOOLS" RAISED INTEREST RATES SO THEIR COMPANIES COULD "UP" THE INTEREST RATE ON THEIR BANK EQUITY LINES OF CREDIT & SCREW THE TAXPAYER...FED WENT OVERBOARD AND SECRETLY ALLOWED LENDERS TO LOWER UNDERWRITING STANDARDS SO MORE MINORITIES COULD BUY HOMES....WHO NEVER INTENDED TO PAY THE MORTGAGE (MOST DIDN'T PAY THEIR PRIOR RENTS!!)
African4
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#20
Jul 15, 2008
 
That's true and no matter in what favourable light one tries to paint it, the BOTTOM is hard and bound to leave plenty of bruising.

But don't worry, you won't be alone. if the American dollar goes, half the world will follow.
LocalBoy
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#21
Jul 15, 2008
 
African4 wrote:
That's true and no matter in what favourable light one tries to paint it, the BOTTOM is hard and bound to leave plenty of bruising.
But don't worry, you won't be alone. if the American dollar goes, half the world will follow.
Gold
It will go back to gold
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