Bernanke scares 'patients'

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Federal Reserve Chairman Ben Bernanke recently spooked investors when he told Congress that the time was coming when the Federal Reserve will let the economy run on its own. The Dow Jones Industrial Average, that day, quickly dropped 127 points before recovering almost all of it.

What Bernanke said was what a doctor could tell his patient after examining him: “You are eventually going to die!” The doctor didn’t say the patient was going to die today or tomorrow, but someday in the future. And that’s what “Dr.” Bernanke was telling his Wall Street patients: The day is coming, but not now!

Enjoy the bull market while you have it!

John Martone

Aiken, S.C.

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t3bledsoe
14291
Points
t3bledsoe 06/03/13 - 08:02 am
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Bernanke is not Greenspan

Quite frankly, I believe the federal reserve and our U.S. Government is doing all that it can to help our's and the world's economies ! It is very unfortunate for Bernanke that he must walk in the shoe-prints of Allen Greenspan !

t3bledsoe
14291
Points
t3bledsoe 06/03/13 - 10:08 am
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Another question:

Why can banks demand over 3% return on loans, but only pay less than 1% to account holders ??!!

Darby
29209
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Darby 06/04/13 - 04:22 pm
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"Bernanke is not Greenspan"

Even Greenspan was not Greenspan.

He was mostly luck and hype.

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