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Ben Bernanke FTMFW Quote Of The Day,,,,,,,, BERNANKE: HOUSING MAY NO LONGER BE VIEWED AS SECURE INVESTMENT

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Fri, 10 Feb 12 10:31 PM | 73 view(s)
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Submitted by Tyler Durden on 02/10/2012 12:35 -0500

Ben Bernanke
Ben Bernanke

And the winner is...

BERNANKE: HOUSING MAY NO LONGER BE VIEWED AS SECURE INVESTMENT

That's right. He just said that. And with that, a Lewis Black moment is coming on...

He also said some other stuff.

BERNANKE SAYS HOUSING IMPEDING FED EFFORT TO SPUR U.S. ECONOMY
BERNANKE SAYS HOUSING SECTOR SUFFERS FROM `SERIOUS IMBALANCES'
BERNANKE SAYS HOUSING IMPEDING FED EFFORT TO SPUR U.S. ECONOMY
BERNANKE SPEAKS ABOUT HOUSING MARKETS IN ORLANDO, FLORIDA
BERNANKE: TIGHT MORTGAGE CREDIT WON'T BE EASED QUICKLY, EASILY

As a reminder, shadow inventory is now at a record high. But Cramer just called the housing bottom. For the 7th time. For the masochists among our readers, his complete comments can be found here.


DON'T miss the comments, LOL Priceless,,,,,,,,,,,


http://www.zerohedge.com/news/ben-bernanke-ftmfw-quote-day?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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