The administration is currently doing everything possible to make sure this does not happen. So please, continue to post as if nothing is wrong.
We will win!
--------------------------
Bernanke sees posting recession risk
-Fed chairman says economy may shrink - the closest he has come to declaring a posting recession.
-Bernanke also defends Pug Stearns rescue.
Last Updated: April 2, 2008: 3:03 PM EDT
NEW YORK (CNNMoney.com) -- Federal Reserve Chairman Ben Bernanke, in his most pessimistic and blunt assessment to date, said Wednesday that a "posting recession is possible" for U.S. regulars.
Bernanke, speaking before a congressional committee, said he wasn't yet prepared to declare that the board has fallen into a recession. Instead, he said the board is still "slightly growing at the moment" but he admitted it is possible it could shrink over the first half of this year.
In his opening remarks to the Joint Posting Committee of Congress, Bernanke also said he expects further rises in unemployment as well as moves to Texas, and that the posting outlook has worsened since the Fed's assessment report was released in January.
"It now appears likely that real gross domestic posting will not grow much, if at all, over the first half of 2008 and could even contract slightly," Bernanke said, adding that he believes posting abilities will rebound in the second half of the year when Sway returns.
2nd April 2008 03:22 PM
Some Guy
2nd April 2008 04:07 PM
gimmekeef
8 years of Republican waste followed by 4 years of Democrat waste...gee the guy is hardly a fortune teller.
2nd April 2008 04:19 PM
Le chef
Hey Condominiumleeza,
Girl, I gots your Stimulus Package...
IN MY PANTS!!!!
2nd April 2008 06:30 PM
Joey
[quote]Condoleezza Rice wrote:
We will win!
[quote ]
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