Bernanke: Economy Is 'Hamstrung'

Reader Comments
Back to blog

Bailouts are never the answer just as corporate welfare negates a free market. We must create opportunities instead particularly in the energy sector. Advances are being made daily by nations around the globe with America focusing upon everything except energy solutions. Once we remove the roadblock in the White House, perhaps we can progress with a true recovery. Read more...
http://www.hydrogen.energy.gov/congress_reports.html
http://www.hydrogenassociation.org/index.asp
http://www.fuelcelltoday.com/online

Ray Fisher of NM 8:04AM October 16, 2008

Just shut up and get back in line.

satyrus jeering of IA 7:54PM October 15, 2008

A $700 billion bank rescue plan has turned into a bank buyout plan of banks that are not in trouble. The banks that are not in trouble will be able to buy assets of the failing banks for pennies on the dollar and grow richer while mortgages will continue to fail and retirement funds will continue to disappear. The population still has no money to buy products or services. Why can't people see this for the rip off that it is? The one thing that was designed to protect the middle class, the Constitution, has been trashed.
http://ewebsmith.com/finance/playboys.html

Web Smith of CA 6:35PM October 15, 2008

This is not surprising. We know we will continue to have a number of bad days with a few rebound days. Bottom line: the US markets are too unstable in the near future. Investors really need to make changes to their investing strategy if they have not already, especially since the market has not hit the bottom yet.. This means move money into T-bills and municipal bonds and invest some overseas to guard as a hedge against the coming inflation of the US dollar. I use offshore bank accounts for this and they have helped me. If you would like to learn more, feel free to visit my site.
Best,
Frank Miller
http://www.theoffshorebankaccount.com

Frank Miller of TX 3:39PM October 15, 2008