VIDEO - Bernanke Tells Congress: "Operation Twist Is NOT A Game Changer For The Economy"

Congressional Video - Bernanke Questioned by Sen. Casey - Oct. 4, 2011

Bernanke's testimony from this morning - He almost admits that the U.S. economy is in a new recession.  Start watching at the 50-second mark, and continue watching until 2:15 for Bernanke's discussion of Operation Twist.  Bernanke responds at the 4:20 mark to a question on China's undervalued currency.  Total viewing time is approximately 2 minutes.

Comments

[DailyBail]

WASHINGTON (AFP) - Federal Reserve Chairman Ben Bernanke on Tuesday said the United States may face yet more slow jobs growth, as he warned short-term budget cuts and financial turmoil could further threaten the economy.

http://www.activistpost.com/2011/10/bernanke-warns-congress-against-hurting.html

[DailyBail]

Obama admits America is worse off under his presidency

http://www.capitolhillblue.com/node/42161

[Shorebreak]

Isn't it obvious by now that Bernanke is in over his head?

[DailyBail]

Shorebreak

You know my thoughts on Bernanke, but honestly it has nothing to do with him. There isn't anything anyone can do to rescue this economy. We are only about 1/4 of the way thru working off the massive consumer and bank debt. This depression will last another 8-10 years in my view. We are Japan.

[DailyBail]

Michael Lewis’ Boomerang Sees Frightening Future for Global Finance

Lewis explains why the 2008 crisis never really ended and how bad politics, greed and hubris left the world economy in ruins.

http://advancedtrading.com/regulations/231700213

[wuting]

Bernanke responds at the 4:20 mark to a question on China's undervalued currency. http://www.swtorcredits.com