Is Bernanke getting off message? Maybe he didn’t understand the Socialist in Chief when he said that we’ve avoided a collapse. “Far from being out of the woods” doesn’t really sound like “the recession is over”.
“Many Americans are still grappling with unemployment or foreclosure, or both,” Bernanke said in prepared remarks to the Dallas Regional Chamber of Commerce. "We are far from being out of the woods.
Here’s the article:
http://finance.yahoo.com/news/Bernanke-says-US-economy-not-rb-603005294.html?x=0&.v=2
What’s more, I wonder if Bernanke understands that Americans are soon to be TAXED TO DEATH! Trillions for new socialized medicine; the expiration of the Bush Tax Cuts; new carbon limits to be announced soon by the EPA (which will cost us a bundle); today’s EPA announcement that they’re drastically increasing regulation on coal mining; and a possible 10% VAT (the latest trial balloon). I think that spells DISASTER!