Bernanke Live!

Can someone please post a summary? I was going to watch on CNN since I can't see ustream on ipad but CNN only covered the first minute of it.

Well that was fun! Anybody else feel like they just wasted an hour of their life.... I mean really... What did we learn here? Thanks for all the transparency Mr. Big....

reply to post by WildWorld


they are letting the QE2 run out as planned... and they feel it has accomplished it's goal if inflation continues to rise they will "take measures"... they can't do anything to control raising gas prices... They can't help those suffering long term unemployment... I don't know there was some other stuff... but those were the main points... nothing we really didn't know already...

Originally posted by wearewatchingyouman
reply to post by WildWorld

 

they are letting the QE2 run out as planned... and they feel it has accomplished it's goal if inflation continues to rise they will "take measures"... they can't do anything to control raising gas prices... I don't know there was some other stuff... but those were the main points... nothing we really didn't know already...

Thanks

Bernanke: a cheap man in a trillion dollar suit.

He's a bad liar, his voice was cracking in a congressional hearing last year along with Paulson. I didn't watch the press conference yet but someone else said his voice was cracking. So much for a confidence booster for the economy. We have Obama releasing a fake long form birth certificate and Bernanke assuring us the fed truly is a private banking conspiracy.

reply to post by filosophia


My wife noticed first and she aint the conspiracy nut I am

Hey OP,

Thanks for putting this vid up, would have missed it otherwise. I'm no economic wizard and couldn't quite grasp some of the point he raised, I was interested in his body language. I was so interested I watched it twice.

He's basically fine, practised, when he's reading the initial brief, but later on he's all over the place. His 'ticks' even change depending on which way he's facing. He must have been real uncomfortable up there, you could tell. Now i wonder why he'd feel like that.......

Thundersmurf...
Peace™

if anyone would prefer to read the transcript instead of listening (oh god), c-span have it......

www.c-spanvideo.org...

Enjoy