"Breaking News from ABCNEWS.com: FEDERAL RESERVE CHAIRMAN BEN BERNANKE INSISTS U.S. IS NOT HEADED FOR A RECESSION, BUT FORECASTS SLOWER GROWTH IN 2008"
So the breaking news here would be what? That Bernake can lie with a straight face? That our Federal Reserve Chairman cannot recognize a recession? That the White House is now defining high inflation, high unemployment, an increased cost of living that is not reflected in wages and a staggering number of defaulted loans as "slower growth"?
book: To Tempt a Rogue by Connie Mason. Little trash on the prairie.
1 comment:
Oh excellent analysis!!
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