Fed Chairman Bernanke issues a gloomy forecast

[Sprite12]

WASHINGTON "” Federal Reserve Chairman Ben Bernanke said Thursday that the U.S. economy will "slow noticeably" into next year, as businesses and consumers grapple with fallout from troubled credit markets, rising oil prices and a continued housing slump.

http://www.usatoday.com/money/economy/2007-11-08-bernanke-economy_N.htm?loc=interstitialskip

[Fieldmouse]

He never said we would go into a recession. He also said wages would continue to rise.

[F3d]

He never said we would go into a recession. He also said wages would continue to rise.

Ron Paul schools Ben AGAIN.

http://www.youtube.com/watch?v=yAwvl....com/node/6444

[Sprite12]

ORIGINAL: Fieldmouse

He never said we would go into a recession. He also said wages would continue to rise.

At the rate of inflation? Everytime they dump money into the system we are going to get a raise? Where is this money coming from again I ask. Think about it for a moment.
How the he!! is this any different ? Really think about it.
What are they accomplishing by doing this? Devalue the dollar more until the peso is worth more than our dollar..
This is a smoke screen they are doing to try to make you think everything is all good. Inflation is out of control and if you watched the video.. He was trembling. What about the old folks and the people who have been saving and their dollar is worth 10% less now than when they banked it.. That is robbery and everyone who has a savings account just lost 10% of your money you been saving over the years.. And your say it isn't that bad? Think again...

[Zeke001]

ur really good at being the devil's advocate, u know that sprite.

[Fieldmouse]

ORIGINAL: F3d

Ron Paul schools Ben AGAIN.

http://www.youtube.com/watch?v=yAwvlDJgJbM&eurl=www.dailypaul.com/node/6444

Ron was the one who got schooled.Did you watch that video or do you just like to post junk on this board? We will see Ron get schooled again in the coming months.

[Sprite12]

ORIGINAL: Fieldmouse

Ron was the one who got schooled.Did you watch that video or do you just like to post junk on this board? We will see Ron get schooled again in the coming months.

Shakes head. HUH? I bet you shoot spikes and call them 12 pointers.

[Fieldmouse]

I bet you shoot spikes and call them 12 pointers.

Do you even know what a spike is. Perhaps you should ask Ron.[:-]

[Phil from Maine]

He never said we would go into a recession. He also said wages would continue to rise.

So you can doubt it if you wish, but when we are losing an average of $17,000 dollars a second of every day and our national debt is well into the trillions you would be wise to head the warning..

[Fieldmouse]

ORIGINAL: Phil from Maine

So you can doubt it if you wish, but when we are losing an average of $17,000 dollars a second of every day and our national debt is well into the trillions you would be wise to head the warning..

The deficit right now stands below 150 billion. When you have a 2.7 trillion budget, you have to ask why can't they cut a little across the board? I'm on record to completely cut the Federal Goverment by 2/3rds. I would transfer everything back to the states where it belongs. If you for anything else, you kidding yourself there is a federal solution.