Ben’s Credibility Concerning the State of the Economy

Ben Bernanke’s testimony before the Senate Banking Committee concerning the economy and the price of oil was not well received by the Deutsche Boerse (formerly New York) stock exchange. Although Mr. Bernanke assured the panel of distinguished congressmen that the United States can weather higher oil prices, it appears that his credibility is dropping as fast as gold is rising.

David DeGerolamo

httpv://www.youtube.com/watch?v=U-tyKLbOrkg

Stock Market – March 1, 2011

    
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