Tag Archives: Ben Bernanke

Could take 5 years to get 6 percent unemployment: Fed’s Pinalto

Personally, I don’t believe the unemployment rate is at 8%, I believe it is much higher. Also, there are millions of people on reduced hours and/or reduced salaries, and these people’s situation isn’t accounted for in the 8% figure the … Continue reading

Posted in General Discussion | Tagged , , , , , , , , , | 1 Comment

Fed boss: Regulators looking into foreclosure mess

As far as banks are concerned, I can unequivocally state that for the most part the individuals working on the Making Home Affordable program endorsed by the Obama administration at JPMorgan Chase are totally clueless. I find it incomprehensible that … Continue reading

Posted in General Discussion | Tagged , , , , , , , , , | Leave a comment