Comments on: My Confrontation With Ben Bernanke: The Question He Refused to Answer

By: Roy A. Wolfe & family

Roy A. Wolfe & family — Sun, 11 Jul 2010 19:53:19 +0000

They are all dot coms…You are good and correct….Ya we’re broke..more er less..but our name is still good . We will be back….Hope Buffet can bilk some from Allen Gates…
teach him that tech doesn’t answer all…hope the Hype dies…but not likely… Its morality…priorities.
Interest just reflects it. ya its spiritual…life is spiritual. seya thanks hope to send this to Investing Kids….Seattle Condos? c’mon….

By: Why It’s “Mayday” For the Euro… And What You Should Do

Why It’s “Mayday” For the Euro… And What You Should Do — Wed, 10 Mar 2010 15:56:07 +0000

[...] eurozone economy will grow much more slowly than the U.S. economy this year. And Fed chairman Ben Bernanke is likely to start raising short-term interest rates sometime in the second half of the [...]

By: Yogesh Miglani

Yogesh Miglani — Thu, 28 Jan 2010 13:44:54 +0000

I do agree with the most of the conclusion in the article. But reasons are not valid.
1) Dollar will depriciate not because of casual attitude of benanke or any other official but because of balooning fiscal deficit and loss of faith on dollars future.The magnitude of this depreciation would be much less than expected.
2)Emerging markets will perform because of the good fundamentals, demographic advantage, and opportunity to grow.
3)The terrorism is anyway is on the rise and still US is best prepared to fight any contigencies.

By: John White

John White — Wed, 27 Jan 2010 18:07:38 +0000

Very thought-provoking. I guess I think the US economy is going to implode. We should be on the gold-standard. Nixon messed us up; the Fed is not cleaning up the mess. In fact, I think it is NOT doing what is was set up to do – support the dollar.

By: Mick Ashton

Mick Ashton — Wed, 27 Jan 2010 16:21:47 +0000

The basis of your contentions are most certainly on target – with these following considerations:
“The Financial Storm in which we find ourselves – had to be clearly understood by many – most certainly – GOLDMAN SACHS; AIG; CITICORP; JP Morgan; BARNEY FRANK & CHRISTOPHER DODD (Congress) and as you have eluded many others.
Some couple of real issues appear to be:
a) No organized objective / long term plan in our Government – upon which to base and evaluate the effectiveness of their Laws / special interest grants / subsidies granted and the effects of policies on others lives throughout the world. We wait for the calamity of the errors to show in failure.
No accountabilities for one person or group for stupid judgments nor lack of understanding of Economic principles or impact of decisions made.
b) It would appear that until our elected law making body – update rules of play in both the House & Senate to include a qualification and accountability as a basis of doing their job the, the pushes and pulls in Economic cycle will remain the default field of play for the likes of “Goldman Sachs and the Energy Leaches with subsidies that are a serious drain on our resources.”
To leave the fate of our Country to definition (by default) of interests such as Energy Industry and Controlling brokerage interests is in and of itself a crime in which we all share the blame.
At best “I with the rest of my Countrymen – are simply puppets” which are used and discarded without the slightest conscience of the Masters we serve. Our allegiance is taken from us – by contempt!
The House and Senate must rise above the license they have created for themselves to do dumb things as a collective; they need to define a higher order of “policy” and / or “master plan” approved by those they serve – on which to base their future efforts of our Country behalf.
It’s scary to think there is so much freelancing going on with the future of our country.
The lack of order has imposed great harm on our own citizens counted in the millions! The most recent debacles are the product of a very small “few – with Goldman Sachs Clones well represented!”
This must change!!
Who can & will lead?
Who will follow?
What is to be done by the victims of recent history?
We are all “silently out of control!”

By: gordon kibbee

gordon kibbee — Wed, 27 Jan 2010 03:31:32 +0000

very simple question. why doesn’t our congress DEMAND DEMAND DEMAND an audit of the Federal Reserve??? we have been…..and are……being “done in” by design.

By: respecter

respecter — Tue, 26 Jan 2010 21:07:21 +0000

Your recommendations can save lots of people’s fortune.

By: k cattermole

k cattermole — Tue, 26 Jan 2010 20:46:12 +0000

Bernanke’s comments – re housing bubble is world wide – is not true in Canada we didn’t have prime mortgages. So no real bubble. Houses are selling well, our banks are sound, maybe he should come here for some education… but he won’t because feds don’t make mistakes.. ha ha

By: John K. Patterson

John K. Patterson — Tue, 26 Jan 2010 20:40:29 +0000

To date, I have seen no comments on HCSA’s, which allow one to save for future health expenses. I have recently discovered that, because of obscenely low interest rates, my balance accrues $.89/month in interest and is assessed $3/month in “service fees” by J. P. Morgan. For what? Something is wrong with this arrangement. Why are bank fees not regulated in concert with interest rates?

By: Ian Jensen

Ian Jensen — Tue, 26 Jan 2010 20:11:28 +0000

The problems as experienced in the last 2 years are not entirely of USA’s making. It takes 2 to tango and the real problem is the trade and fiscal imbalances in the global economic system. People talk of money supply etc as being the real central issue to problems created and the subsequent patchups, but it is the velocity of money especially within the Western economies which is the real pointer to issues as observed. We had a velocity boom and now we are experiencing the subsequent velocity crunch. My uninformed gut feeling is that the control of money velocity and the required mechanisms for control or moderation of velocity is what will change in economic thinking going forward.