Welcome!
Welcome to Bernanke Panky! We aim to track the every move of the man "market skeptics" love to hate, U.S. Federal Reserve Chairmen, Ben Bernanke! Check out BP features including forums, original articles and commentary, and resources to aid in understanding the Fed and it's impact on the economy. Tune in!
Loading ...
Bernanke Bytes — On the Money!
- Who Regulates Banks Best? Bozo or Barney "Call me a clown Barney, but, in my opinion, a borrower has income which makes repayments likely. The amount of the income and the amount of the loan walked hand-in-hand together. Think of it like you and Liberace at the beach." (07/03/2009 02:38 PM )
- Rep. Mark Kirk on China’s gold buying plans "Here's the video to go along with yesterday's item about the Chinese wanting to exchange lots more U.S. dollars for gold. Skip directly to 3:20 to hear about their future buying plans." (07/03/2009 02:24 PM )
- Here Comes The Second Stimulus! " Today's disappointing jobs number is certain to trigger a serious push for a second stimulus bill." (07/03/2009 02:21 PM )
- Feds Arrest, Bully Monetary Activists Von NotHaus, Innis, and others. Simple and powerful presentation -- click through for video. (07/02/2009 09:14 PM )
- It’s Independence Day, As We Become More Dependent Writes NY Times business columnist David Leonhardt: “it’s hard not to look back on the last six months and worry that the administration is still underestimating the severity of the situation…. The problems are too big. So it would make sense for everyone — the administration and the rest of us — to have a sober view of what might lie ahead.” (07/02/2009 05:22 PM )
- Bloomberg Misses Real Story on Latest Official Chinese Comments on Dollar " Lordie, is the media incapable of doing anything more than writing up official remarks?" (07/02/2009 01:03 PM )
-
Loan Modifications: Is This What I’m Supposed To Believe?
Those same banks are now going t''o help you … as long as you come alone to the negotiation. Don’t hire anyone to help you… and they’ll help you.
...
The government says we must protect homeowners from “scammers,” because homeowners can’t tell whether a given firm is a “scammer” or not. So, the banks and the government say they are all “scammers,” and you can tell because they charge a fee or retainer in advance of the work being completed… which is exactly the way all attorneys charge for every single case they take on.
(07/02/2009 02:48 AM ) - Yellen: Fed Could Stay at Zero for Years "Top Federal Reserve officials said on Tuesday the central bank should not rush to raise interest rates or remove other accommodative policies as soon as the U.S. economy climbs out of recession." (07/02/2009 02:39 AM )