Bernanke Bewildered: Can’t Figure Out Why ObamaNomics Isn’t Working…
Yeah, it’s a total mystery.
(AP) — The economy’s continuing struggles aren’t just confounding ordinary Americans. They’ve also stumped the head of the Federal Reserve.
Fed Chairman Ben Bernanke told reporters Wednesday that the central bank had been caught off guard by recent signs of deterioration in the economy. And he said the troubles could continue into next year.
“We don’t have a precise read on why this slower pace of growth is persisting,” Bernanke said. He said the weak housing market and problems in the banking system might be “more persistent than we thought.”
It was the Fed chief’s most explicit warning yet that the economy will face serious challenges next year. For several months, he had said the factors working against economic growth appeared to be “transitory.”. . .
But at a press conference afterward, the second of what the Fed says will be regular question-and-answer sessions with reporters, Bernanke conceded the economy’s troubles are more puzzling and potentially more long-lasting than a pair of temporary shocks.
Posted by ZIP on Wednesday, June 22, 2011, at 8:25 pm | 
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Ya know, for a guy that scored 1600 on his SAT exam, he is the DUMBEST white man I’ve ever seen!
Pathetic is too kind.
THE FRAUD (Obama not Bernanke) MADE IT WORSE!
instead of making it easier for biz to grow, he used the downturn to strangle businesses with Obamacare, Dood frank, threats of capntrade, more unions, suing companies who want to move to right to work state.
And now the fraud is wondering after strangling businesses, why they can’t expand?!?!??
Bernanke probably does know but can’t say anything, and honestly there isn’t much he can do, oh yes QE3 will hurt America even more, but when the bills have to paid with all this massive spending, helicopter ben only have the printing presses at his disposal.
If he really does not understand, then he needs to fired. A child could figure this out. The fact is, he and they do understand and this is all deliberate. Scumbags, plain and simple.
What a bunch of twits we have running things…I can only shake my head and hope ’12 gets here in the blink of an eye.
buy precious metals and precious stones. the dollar is toilet paper.
Maybe he can start by looking in a mirror.
Setting us up for QE 3!
Keynesian economics is an epic fail everywhere it has been tried! This total failure as a Fed chairman, demonstrates why OJT (on the job training) should never be allowed in such a position! barry, another classic example! Both of these jokers were touted as being sooooo intelligent, and I still don’t see one iota of that!
We are on our own, and need to do major clean out of DC!
most people with over 8th grade education knows if u call busines/job producers ‘the enemy’, ur gonna scare the knickers off everybody! if its not too late…get out of the way and take barry with u and watch america take off!
He knows exactly what he is doing.
Thats bull.
He’s just waiting on his cushy new job at the IMF. There’s an opening I hear.
Still Bernanke when pressed on what is, or will work to improve the economy? he stated that there where many in the Federal reserve that had differing opinions and that because of this we cannot reach a consensus.
Yes he said that! Another words we don’t really know what works and doesn’t and yet he had no trouble getting the American tax payers to cough up trillions of dollars.
Did they take away both of these gents’ ties for a reason?
zer0 and Bernanke keep trying the same failed policies…..
QE1………..NADA.
QE2………..ZIP.
QE3 ?????????
TARP STIMULUS…….NADA.
RECOVERY ACT STIMULUS……..ZIP.
0BAMA NEW STIMULUS ?????
We just get deeper in debt.
————————————–
Insanity: doing the same thing over and over again and expecting different results. ——-Albert Einstein
Bernanke Baffled? Really? And precisely what is it he finds so baffling?
That if you spend and spend and spend and spend, and print money, and spend and spend and spend, and print money, and spend and spend…….you might actually devalue the dollar, scare away investors, build up an insurmountable debt and ruin the ecomony?
Did they take away both of these gents’ ties for a reason?
Yes, it was hoped that the foreskins would slide upward and suffocate them.
Game over… Turn in your shells, please.
Neither can he figure out what that roll of white paper on the bathroom wall is for.
That’s odd….we’re incredibly smart, and we did the liberal thing over and over. Fucking Bush.
“Bernanke Bewildered: Can’t Figure Out Why ObamaNomics Isn’t Working…”
Just a wild guess, a usurping Communist regime?
_____________
O/T, How many experts are enough? The man who exposed Rather’s forged docs weighs in against Zero’s ‘birth certificate,” too:
‘Rathergate’ expert doubts Obama’s birth certificate
Typography pro played key role in ending career of CBS News anchor
By Jerome R. Corsi
http://www.wnd.com/index.php?fa=PAGE.view&pageId=314297
excerpt:
Joseph M. Newcomer, who exposed the “Killian documents” as fraudulent in 2004, has told WND the Obama birth certificate released by the White House April 27 is a “highly suspicious” document that deserves professional forensic examination.
“There is something deeply wrong here,” Newcomer told WND. “There are artifacts in the birth certificate document that are strongly suggestive of a forgery. The document screams out that something is wrong.”
@PatriotWarMonger
Everything you said.
Can’t figure it out? How about because Keynsian economics doesn’t work? How many times does it have to be tried?
Does mr. clueless need some help? so mr.clueless do you think the EPA is working against you. two knuckleheads in a pod.
Oh yah, forgot to mention, $600 Billion of QE 2 went to foreign banks!!
Reported today! WTF!!!! Get a noose!
If it was meant to cause failure, then it’s working!
liberal parasites/leeches are killing the host
You’re shitting me, right? You’re the Chairman of the Fed and don’t have a clue? You need to be on the short bus on the way out of town to a Fed Pen somewhere.
Picture caption:
The man-child president thinking to himself, “Man, I wish I could grow a beard.”
Kind of like strangling someone ,and wondering why they are turning blue.
Mean while, the next “supprisingly bad” economic figures will be posted at the end of next week or beginning of the next. (Around July4?)
It will be supprising to those in the administration but not to us here on Weasel Zippers. Why?
Why you asked? Because we know that Keynesian Economics don’t work!
Even John Maynard Keynes said he made a mistake.
Economic Retards
My teenage sons understand economics better than these Ivy league fools.
Another genius-idiot…
maybe getting the federal regulators out of the banks would be a start. Then kick the crap out of JP Morgan, B of A and Wells until they start lending money. Their is not a money problem. There is a money management problem and it starts with Bernanke.
Bernankes a moron. Keynesian economics has never worked in history. There is no example to back this up. NONE
a former dem says:
June 22, 2011 at 8:33 pm
THE FRAUD (Obama not Bernanke) MADE IT WORSE!
They’re both frauds, but Bernanake is FAR worse. He and his pals at the IMF have done far more damage than Obama could ever dream of doing.
*I wasn’t implying he was with the IMF, just to clarify.
And yet, the functional illiterate still has his six-figure job!
UNFUCKINGBELIEVABLE!!!
Is he really that stupid or just a die-hard water-carrier for the left? He needs a whiffle ball bat upside his head perhaps. What an ass.
Either obama and Bernanke are really stupid, or they are really smart and they think we are really stupid.
In the days when honor, integrity, and dignity meant something, anyone in such a position that would make such a statement would, with their next statement, tender their resignation. What an embarrassment! It is a good thing that we have One on whom we can depend. These humans, like most of us, are in way over our heads and are dog paddling just to stay above water. Buck up, it will get worse but our redemption draweth nigh. Cast your cares upon God for God has carried us this far and it is Him alone that will carry us on.