Bernanke Must Get Out of Crisis Mode: Paulsen

The Fed excludes fuel and food costs in their "core inflation" computation, so they will always have an ostrich approach to inflation and understate it. Right now, oil prices are ripping this economy apart, and they don't even pick it up on their radar.

Thank you Mr. Paulsen for your recommendation to Mr. Bernanke to raise the fed rate to at least 1%. Mr. Bernanke has hurt many, many saver's with his ridiculous 0% policy. And he has also hurt the economy with his actions. When saver's are getting nothing in return for their bank deposit's, they have nothing extra to spend. That alone prevents a financial recovery.

I think the current Fed Policy of 0% short-term rates is counter-productive. They are not encouraging borrowing and they eliminate income from a large group of people that rely on interest bearing investments for income. 0-percent rates are for panic situations. I'd prefer to see short rates back to at least "historically low" levels of 2 to 2.5%. The Fed has always seemed slow to raise rates. This time, they are way behind the curve.

America voted for this 1%er labor pool (washington) that knows whats best for you.

He's an Idiot

They should have this talk about the lack of inflation after they fill up with gas , drive to the store and walk down the meat isle and see what ground beef , chicken , turkey and something I`ve not had in a long time a good steak costs these days. I`d be ashamed if I were them.

Amazing...that no one in the administration or congress ever give any thought to the effect on long terms savers and how low interest rates will affect their future. In fact how they will reduce their spending and slow the recovery.

There's a lot of factors to consider, so I hesitate to say whether or not the FED is on the ball, but one thing I would like to add is that the more debt we accumulate, the more sensitive we become to inflation. Right now, our 2% 10-year bond yield is costing us $400 billion a year. If that merely doubles, it will take nearly 3% out of our GDP unless we borrow even more, pushing interest rates up even faster.

When the FED manipulates it s call monetary policy. When we manipulate its call fraud.

What?Bernanke is going to shut down the printing presses and stop DEVALUING the dollar? NO, i dont believe it1 This market is FAKE,and the dow is JACKED UP!

ALERT, ALERT, Bernanke just gave a green light for corporations across the US to raise prices by 20 to 30%! Very, very bullish to inflate!

There should be no Fed. For an organization to have the ability to just create all of the money that it wants to out of thin air, and then loan it to the US government (and effectively the rest of us) at interest, that is just a road to disaster. It should be obvious, but it's been going on for 100 years already. I don't understand how the people running the country, or the rest of us who vote for them, think that it is a good idea.

He just gave Euro banks another 1 trillion last night.

"appease both sides of the aisle" and here I thought they were supposed to be independant

The Fed needs to keep interest rates low, as they overspend and need to borrow $1.5 trillion each year! Also each President wants to be remembered for the 1000's of points they add to the DOW. They do not care that a whole class of people who rely on fixed income securities gets destroyed in the process.

Not Soon Enough!

"Just another day on Wall Street" Goldman Sachs Group Inc. faces litigation related to its offering materials on $214 million in MF Global convertible notes. The suits, which seek class action status, allege that the offering materials failed to adequately describe MF Global's exposure to sovereign debt.

Easy Money = Inflation... which impacts the poor and middle class w/ higher prices... It's really doesn't matter for the Rich, they can afford it.. Tighten things up to help bring down prices of OIL. Demand levels is like it was in 1997. Clearly there is a problem w/ demand/supply

Why is not in JAIL already?

Paulsen and Bernanke aparently don't drive or eat....," he says adding if they don't, they risk creating the next crisis: inflation." Go to the grocery store or buy gas.....the inflation ship has sailed, you fools.