drieuxster (drieuxster) wrote,
drieuxster
drieuxster

Oh dear, that might be scary....

What if the Fed Chairman woke up one morning and asserted
Ben Bernanke, the Chairman of the US Federal Reserve, said yesterday that America’s housing downturn was set to steepen and slow the economy for longer than had been thought.

However, he reassured markets by emphasising that the woes of the construction and mortgage sectors were unlikely to spread to the wider financial system. The American economy would rebound from its weak pace in the first quarter of the year, he said.
[ cf Bernanke sounds alert over housing ]
Would we feel safer???

Or should we switch over and worry that poor paris hilton had been forced to spend a night in Jail....
Subscribe

  • What if we had to be a nation of laws

    First off a h/t to a dear fiend, for Crackdown on herd-share farms over certification which is such a classical attack of the FeeMarketeers meets…

  • why do folks forget the clinton years?

    Essentially I agree with When The Magic Starts in that there is much that will need to be undone from the failure of the deregulation game that was…

  • Oil does not grow on trees.

    Let us start from the premise that fossil fuels are not like renewable products such as fruits, vegetables and other forms of…

  • Post a new comment

    Error

    default userpic

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
    Help
  • 1 comment