Bernanke Says We “Could” Have a “Jobless Recovery”
Posted by BuelahMan on July 17, 2009
From Reuters:
WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke sees the possibility of continued high unemployment even after the recession loosens its grip, a key U.S. senator said on Monday after talking to him.
“It was a rather sobering meeting,” Richard Shelby, an Alabama Republican, said on CNBC.
“I said, … ‘Could this be a jobless recovery?’ … and he said it could be,” Shelby said.
Do I have to explain to you that if he actually said it “could”, that he knows damned well it will? These people are calculating and know exactly what they are saying and doing.
If there is a chance of a jobless recovery, where do you suppose those people who have and will lose their jobs will work? What will be there only recourse?
Doesn’t it amaze any thinking person that after all these bailouts to the richest of the rich, after Obama’s Fed takeover of our government and his administration, after the promise to never allow a lobbyist in his admin, after the housing bubble’s deflation and subsequent home prices falling like an apple from a tree, after record setting unemployment and home foreclosures, after all the promises (read as “Lies”) to help the middle class that we are in for a “jobless recovery”?
I mean, WTF have we been doing and why, IF this is going to be a jobless recovery? Can anyone explain to me, sensibly, what the plan is if it isn’t what appears: a purposeful destruction of our way of life and the country that I love and hold dear? A planned and organized theft of our treasury and strides we have tried to make in the past 50 years?
Are you rednecks even paying attention?
Are you ok with getting a road worker’s job (if your lucky) after being an engineer for 20 years? Is that your idea of Progress?
When will you Sheople wake up?
(PS: Richard Shelby “sober”? Bwahahaha)
This entry was posted on July 17, 2009 at 3:26 am and is filed under Barack Obama, Big Banking, Big Money, Cheats and Scoundrels, Corruption, Economy, Federal Reserve, Job Losses, NeoLiberal Criminals, Unemployment Rate. Tagged: Ben Bernanke, Ricahrd Shelby. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.



