Bernanke’s Got Good News: Looks Like We Didn’t Scar The Economy For Life

Mr. Bernanke said the U.S. recovery, now more than two-and-a-half years old, continues to be “modest.” He conceded the pace of growth has been slower than what the Fed expected. But he was more optimistic about the long run, saying the economy hasn’t been permanently scarred by the financial crisis. “Although important problems certainly exist, the growth fundamentals of the United States do not appear to have been permanently altered by the shocks of the past four years,” the Fed chief told the gathering, which this year focuses on long-term growth prospects for the global economy. [WSJ]

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39 Responses to “Bernanke’s Got Good News: Looks Like We Didn’t Scar The Economy For Life”

  1. Guest says:

    Also, go screw yourselves.

    – B. Bernanke

  2. Keynes_blows_goats says:

    You guys like the "Greenspan Put"? You'll LOVE the "Bernanke Blankie"!!

  3. AlphaGekko says:

    "The economy is not permanently scarred, but it will likely suck for the next 10 years". He skipped over that last part in his speech.

  4. GUest says:

    Well I got news for Bernanke, he is about to be pounded in the ass by a certain strap on wearing bitch named Irene.

    • Hacksaw says:

      Meredith Whitney's real name is Irene?

      -Hacksaw Jim Duggan

    • Weatherman says:

      Ben Bernanke: When I see a storm front coming, I'm all, "What's up, bitch?!" And the storm is all, "Not, much, Sir." And I'm all, "That's right, bitch! Now, go make me a sandwich!"

  5. Nailz6 says:

    Then we have failed.

    – Dick Fuld

  6. Helicopter Ben says:

    The economy may not be permanenty scarred, but the dollar looks like it just flew through the friggin windshield face first…

  7. Nervous Tribeca Jew says:

    I'm nervous about the economy and the storm surge into lower Manhattan.

  8. early_hominid says:

    Show up in Texas and I'll put your beard in a wood chipper. Varmint.

    – Rick "Yosemite Sam" Perry

  9. Texashedge says:

    I wish he would just tell the economy to go up and everything would be okay

  10. +1 says:

    someone please set up a food eating challenge this afternoon

  11. N.A.S. Keflavik boi says:

    Grand Teton Intercontinental, Jackson Hole Wyoming
    Invoice for Week of: August 22-28th
    Room Number: Henry Morgenthau Suite (1938)
    Guest: Bernanke, B.
    In-Room Movie (Weekend at Bernies) – $15.99
    Pre check-in carpet de-semenization
    (special request) by Stanley Steemer – $ 99.45 – One (1) copy of
    "The Creature from Jekyll Island"
    (deluxe hardcover edition) – $ 29.95
    Meat-Ball Sandwich – $ 8.75
    Replacement window
    (broken from inside, apparently
    by a hardcover book) – $ 129.50 – twenty- five(25)
    .9999 pure Ag 1 oz Canadian
    Maple Leaf coins @ 42.50 – $1,062.50
    Overtime – additional cleaning staff – $ 245.00
    Post check out carpet desemennization
    (Stanley Steemer) – $ 99.45

  12. VonSloneker says:

    Preposting for Sunday morning:

    Barak Obama hates white people. He was playing golf while the streets flooded in Manhattan.

  13. The Truth says:

    92nd St Y = Superdome of the UES

    • VonSloneker says:

      I'll be enjoying Per Se's "Irene Tasting Menu"…10 mini courses on either side of the eye of the storm.

  14. Economy says:

    UBS Sucks

  15. UT Moxy says:

    Manhattan is fucked. The latest models indicate absolute destruction.

    God Bess Texas

  16. Park Slope Killer says:

    If the Gowanus Canal is flooded, everyone is fucked.

  17. Mexi_Cant says:

    I wonder if seamen would be invisible on his seamen colored beard.

    • Slappy says:

      I used to be a seamen back in WWII. Now I just put it on my wife's back.

    • UBS MD says:

      The color an object resides on has no actual affect on what color that object actually is. Thus the seamen would not turn invisible.

  18. Raul says:

    Same old storyline since Bernanke Blankie first started working at the post. :( We're all F!!!