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Caterpillar Inc. Message Board

  • storagelh storagelh Feb 28, 2008 12:17 PM Flag

    Bernanke has lost his appeal

    For 2 years the market would rally 100 to 200 pts everytime he spoke because he was different than Big Al, and could be understood. Its easy to be right when the markets are going up every 9 out of 10 days. Now its obvious he doesn't have a clue as once again thinks inflation will fix itself. Inflation has been rampant for years but the gov would always tell us otherwise. Who cares about inflation when you don't have to buy gas and food ? Now their free $$$$ antics have caught up with them and they can't get out of it, as the gov #'s are just 1 lie after the other. If the banks didn't have to come clean no telling where wewould be. The scams continue and now Bernanke and his fed buddies are just pouring fuel on the fire. Its funny to watch congress applaud his actions, which just shows where they are coming from

83.01-1.12(-1.33%)Oct 27 4:00 PMEDT