Bernanke Blames Congress

[I AM NOT THAT GUY 5,715]

JACKSON, Wyo. — Federal Reserve Chairman Ben S. Bernanke chided Congress on Friday for its contentious approach to the national debt, saying the brinksmanship displayed by lawmakers could endanger the U.S. economy.

In a rare scolding of Congress, Bernanke said that debt-ceiling negotiations this summer, which flirted with a national default, “disrupted financial markets and probably the economy as well.” Speaking at an annual conference of central bankers and economists in Jackson Hole, he warned that, “similar events in the future could, over time, seriously jeopardize the willingness of investors around the world to hold U.S. financial assets or to make direct investments in job-creating U.S. businesses.”

http://www.washingtonpost.com/business/economy/bernanke-offers-no-hints-of-more-bond-buying/2011/08/26/gIQAzHt2fJ_story.html

[luckytxn 2,264]

JACKSON, Wyo. — Federal Reserve Chairman Ben S. Bernanke chided Congress on Friday for its contentious approach to the national debt, saying the brinksmanship displayed by lawmakers could endanger the U.S. economy.

In a rare scolding of Congress, Bernanke said that debt-ceiling negotiations this summer, which flirted with a national default, "disrupted financial markets and probably the economy as well." Speaking at an annual conference of central bankers and economists in Jackson Hole, he warned that, "similar events in the future could, over time, seriously jeopardize the willingness of investors around the world to hold U.S. financial assets or to make direct investments in job-creating U.S. businesses."

http://www.washingto...t2fJ_story.html

Nice deflection. Most know that his interventions may have almost destroyed the worlds economies. Hey Bernanke keep the presses printing all that money. Inflation the silent tax may be the key?

[Mr. Big Dog 10,747]

Blames Congress or states simple, easy to see facts? I think it's the latter. Congress is a disgrace.

[scandal 951]

Most know that his interventions may have almost destroyed the worlds economies.

"Most", huh? All but us morons, sheep and Socialists, know this, right Lucky?

[luckytxn 2,264]

"Most", huh? All but us morons, sheep and Socialists, know this, right Lucky?

Y'all are not people but sheep.