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Posted by: badluck1 1 year, 2 months ago
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badluck11 year, 2 months ago
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Mr. Bernanke must have stuck his head in the sand the day after getting the fed job. It does not take a rocket scientist to get what his talking about. He has the power to to push to get mortgage rates at 5% across the board for everyone in a primary resident and 6.5% for all credit cards. Things will mellow out and the economy will start churning it's engine again. This wall street fiasco was a classic ponzi scheme (on the streets a pyramid scheme). The savings and loan gang came up on criminal charges, the wall street baron even went to jail and even the enron gang came up on criminal charges... Mr. Barnanke why don't you declare what went wrong in this "toxic mortgage" crisis a criminal conspiracy on a gigantic scale and declare individuals should face criminal indictment. If you happen to read this or here about this email, please post your response Mr. Bernanke, the public would like you to pull your head out the sand and respond.
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