FED: 2012 - Bernanke Admits Borrowing and Spending Are Disastrous for Economy

[FrankRep]

Federal Reserve Chairman Ben Bernanke declared this week that too much borrowing and spending will eventually destroy the nation’s economy.​

Bernanke Admits Borrowing and Spending Are Disastrous for Economy


The New American
13 April 2012


Federal Reserve Chairman Ben Bernanke declared this week that too much borrowing and spending will eventually destroy the nation’s economy. Of course, a number of others have made similar assertions all along, but coming from the Federal Reserve chairman, who has seemingly attempted to mislead the public on the state of the economy, it is a surprising declaration.
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[FindLiberty]

Is he trying to fill-in for Ron Paul at those congressional fed/finance committee meetings?

'fraid it's TOO LATE to save the good ship USSA. The engine room is still flooding because of that 100 year old gash in 'er hull.

Go ahead though, you have my permission to re-arrange those deck chairs, as long as you don't block access to the life boats!

BTW, it does not look like there are going to be enough life boats for everyone... WTF! Who gets blamed for that royal screw up?

 

[ronpaulfollower999]

Federal Reserve Chairman Ben Bernanke declared this week that too much borrowing and spending will eventually destroy the nation’s economy.

It doesn't matter to these people, since in the end we're all dead.

 

[kathy88]

Weasel. Only word for this man.