Doing a great job Bernanke!
April 30th 2011 15:07
On Wednesday the Federal Reserve ended a 2 day meeting with Ben Bernanke giving the first ever press conference. He was quite sure of himself as he announced that his policies will continue, as they are definitley working. Two days later we learn that unemployment is on the uptick, inflation is surging and gasoline prices are approaching $5 a gallon.That's what I call a real successful policy. The only people benefiting from his policies are the stock markets and shareholders. It's time the government stops keeping the banks and big corporations on the public dole. It's time to retrain the unemployed workforce.Many of the unemployed lost their jobs because their jobs were sent overseas to be done at a much cheaper cost. Profits are the bottom line of the stock market. The livelihood of the American worker doesn't matter. Only profits do. Corporations may have an obligation to their shareholders, but they also have a moral obligation to their employees. Instead of throwing them under the bus, use some of your profits to give them new skills and a chance to provide for themselves and their families.
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Comment by Erik
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steve sovie
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