Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (37290)	7/17/2008 7:44:45 AM
From: elmatador	Respond to of 220242

Here is the proof Bernanke is clueless: "said the jump in energy and commodity prices are due to "factors out of the control of the Federal Reserve. Jesus! How can a nation accept that? It should be calling for him to be fire immediately! The jump is due to much USD being printed!!! And this is under FED control!

To: TobagoJack who wrote (37290)	7/17/2008 7:50:40 AM
From: elmatador	Read Replies (2) \| Respond to of 220242

Bernanke "also allowed as inflation is "too high" and reiterated that the Fed's aim is to achieve price stability." But if the FED aim is price stability, and it says that "the prices of energy and commodity prices" -which are fuelling inflation- are beyond their control, how is it working to achieve said stability? He is pulling the wool over everyone in Capitol Hill and they are not seeing that for all practical purposes he is not doing his job. With that we can conclude Capitol Hill is incompetent too! OR and the is a Big OR: Are they -Capitol Hill and the FED- in collusion to screw the ignorant populace?