Bernanke voices economic concerns as he's sworn in

[The Northerner]

Source: Associated Press

WASHINGTON – Federal Reserve Chairman Ben Bernanke expressed concerns on Wednesday about the economic recovery during a ceremonial swearing-in for another four-year term.

In brief remarks to staffers, Bernanke said that while the economy is growing, "far too many people remain unemployed, foreclosures continue at record rates and bank credit continues to contract."

One of the Fed's challenges is protecting its independence from congressional meddling, he said.

Another is making the Fed more open and accountable about its operations. And another is improving its oversight of banks. Lawmakers have complained about deficiencies in those areas.

The Fed "cannot hope" to solve the nation's economic problems on its own, Bernanke said. Both the nation and the central bank as an institution face enormous challenges, he said.

Read more: http://news.yahoo.com/s/ap/20100203/ap_on_bi_ge/us_bernanke_second_term

[BeyondGeography]

1. Where were you in 2007, fuckwit?

:thumbsdown:

[Demeter]

6. Right Where He Will Be Tomorrow--and Just as Inert and Corrupt

[Vincardog]

2. How can we 'work together' when we don't know what sweetheart deals the FED has made and is making

[Rapier09]

3. Why is he here?

His policies as well his buddy Paulson's ideas have bankrupted this country.

It will take years to recover.

[polichick]

4. Does anybody believe this guy has the same agenda as working Americans...

...where the Fed is concerned?

Giving him a second term is like handing the house keys to the guy who just broke in.

[izquierdista]

5. I think we can all agree with him

We are VERY concerned that you have been sworn in again. Couldn't you just settle for being sworn at?

[Jefferson23]

7. Go to hell.

[Plucketeer]

8. DUH.................

I operated the wrecking ball, so who better to patch things up? :crazy: