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Bernanke: Shut down banks if they threaten system
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Joined: Tue Sep 15, 2009 6:09 pm
Posts: 6709
Location: Northern Ontario
 Bernanke: Shut down banks if they threaten system
I watched part of this on tv, wow was he nervous... my2
if you read the full artical, underneath its sounds like we have squeezed this lemon as much as we can,lets see who we can screw over now...

http://news.yahoo.com/s/ap/us_financial_crisis_bernanke

WASHINGTON – Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.

"If the crisis has a single lesson, it is that the too-big-to-fail problem must be solved," Bernanke said Thursday while testifying before the Financial Crisis Inquiry Commission

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In loving memory of my son Chris April 12 1985-June 19 2007


I don’t think it’s a matter of “is it coming.” I think that it’s already here, it’s just a matter of perspective. From one perspective, our frog friends are telling us that we should be grateful that the “spa” is hot and luxurious. From the cook’s perspective… another 10 minutes and we’ll be dinner.


Thu Sep 02, 2010 8:05 pm
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Joined: Wed Mar 17, 2010 11:49 pm
Posts: 2208
Post Re: Bernanke: Shut down banks if they threaten system
Time to buy- 10 things you NEED in something like this order-
Food- rice, beans, canned food
Water- you better store some
Bandages and medicines
Toilet paper
Good locks for your doors and windows
Ammo if you have a gun,
A gun and ammo if you don't
Back up heating system
A generator and fuel
And most importantly- a Bible.

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Children wear Superman jammies, but Superman wears Chuck Norris jammies.
My boss is a Jewish carpenter


Thu Sep 02, 2010 8:35 pm
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Joined: Sun Nov 22, 2009 6:04 pm
Posts: 123
Post Re: Bernanke: Shut down banks if they threaten system
Well this way he can say...." Iwarned you what would happen"

and everyone will sit around and go ...oh

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Thu Sep 02, 2010 11:24 pm
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