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Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'

 
waht
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09/14/2012 07:26 AM
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Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
Reporter:

“Are you concerned about the shrinking labor force and what does that tell us about the labor market and the economy?”

The Bernank:

“The unemployment decline last month was more than 100% accounted for by declines in participation.”

[link to investmentwatchblog.com]

Ron Paul on unlimited QE: ‘To me, it is so astounding that it does not collapse the markets. [Bernanke] said, ‘We are in very big trouble. We are going to do something unprecedented…’

wtf
Anonymous Coward
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09/14/2012 07:41 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
When a Repub is in the White House you never, ever hear a word about the unemployment numbers being bogus BS.

But when the unemployment number goes down and a Dem is running for re-election then SUDDENLY the mainstream media is telling us over and over again that the number are cooked.

The news is totally controlled.
You are brainwashed.
Anonymous Coward
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09/14/2012 07:45 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
A friend of mine applied for a job delivering pizzas at the local Domino pizza place last week.

50 years old, 15 years of commercial driving experience, another 5 years managing a small seafood business.

The pizza guy told him he didn't have the qualifications to deliver pizzas.
Anonymous Coward
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09/14/2012 08:34 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
It sounds like the power behind the throne is undermining the king.
Anonymous Coward
User ID: 12516691
Turkey
09/14/2012 08:52 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
I hate Bernanke more than anything, he is a real crook...

There are 50 days left to elections and he could not even wait for it to unleash QE3, i hope congress stops this unlimited MBS buying...

I really hope MITT ROMNEY beats the hell out of OBAMA and kicks BERNANKE from the FED.

You guys over there in UNITED States, Jewish Community ? What the hell you are doing ? You should give more support for Romney, come on he can still win...

Obama IS DEVIL.
Bazingaaa

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09/14/2012 09:35 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
duh


old hat


about 38 million without a job
Bazingaaa

User ID: 23406028
United States
09/14/2012 09:38 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
I hate Bernanke more than anything, he is a real crook...

There are 50 days left to elections and he could not even wait for it to unleash QE3, i hope congress stops this unlimited MBS buying...

I really hope MITT ROMNEY beats the hell out of OBAMA and kicks BERNANKE from the FED.

You guys over there in UNITED States, Jewish Community ? What the hell you are doing ? You should give more support for Romney, come on he can still win...

Obama IS DEVIL.
 Quoting: Anonymous Coward 12516691


that's all nice n all

but you are from turkey.


Romney is no better than obama, maybe atiny bit better


evil is evil. This ship is going down, obama at the helm or Rmoney. Not that either of them are really at the helm. The Central bank is.
Anonymous Coward
User ID: 12516691
Turkey
09/14/2012 10:25 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
I hate Bernanke more than anything, he is a real crook...

There are 50 days left to elections and he could not even wait for it to unleash QE3, i hope congress stops this unlimited MBS buying...

I really hope MITT ROMNEY beats the hell out of OBAMA and kicks BERNANKE from the FED.

You guys over there in UNITED States, Jewish Community ? What the hell you are doing ? You should give more support for Romney, come on he can still win...

Obama IS DEVIL.
 Quoting: Anonymous Coward 12516691


that's all nice n all

but you are from turkey.


Romney is no better than obama, maybe atiny bit better


evil is evil. This ship is going down, obama at the helm or Rmoney. Not that either of them are really at the helm. The Central bank is.
 Quoting: Bazingaaa


Its all because of OBAMA and his politics ,he does not care about economy, he knows printing money wont create jobs...

All they have been doing is to print money and debase US dollar, you told me that i`m not in US but everything we buy from outside world is priced in US dollars, also my income is priced in us dollars, so if BERNANKE debases your currency it effects me badly here, the prices go up and higher they go, inflation hits me hard but the artificial low rates takes my hard earned money out of my pocket.

All OBAMA supported was the criminal banksters...
Whatever you choose please dont choose OBAMA, he is the MASTER OF THE DEVIL.

ONE MORE REASON TO AVOID OBAMA AT ALL COSTS, HE DOES NOT LIKE jewish people.
Anonymous Coward
User ID: 14727205
United States
09/14/2012 10:48 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
I hate Bernanke more than anything, he is a real crook...

There are 50 days left to elections and he could not even wait for it to unleash QE3, i hope congress stops this unlimited MBS buying...

I really hope MITT ROMNEY beats the hell out of OBAMA and kicks BERNANKE from the FED.

You guys over there in UNITED States, Jewish Community ? What the hell you are doing ? You should give more support for Romney, come on he can still win...

Obama IS DEVIL.
 Quoting: Anonymous Coward 12516691


that's all nice n all

but you are from turkey.


Romney is no better than obama, maybe atiny bit better


evil is evil. This ship is going down, obama at the helm or Rmoney. Not that either of them are really at the helm. The Central bank is.
 Quoting: Bazingaaa


Its all because of OBAMA and his politics ,he does not care about economy, he knows printing money wont create jobs...

All they have been doing is to print money and debase US dollar, you told me that i`m not in US but everything we buy from outside world is priced in US dollars, also my income is priced in us dollars, so if BERNANKE debases your currency it effects me badly here, the prices go up and higher they go, inflation hits me hard but the artificial low rates takes my hard earned money out of my pocket.

All OBAMA supported was the criminal banksters...
Whatever you choose please dont choose OBAMA, he is the MASTER OF THE DEVIL.

ONE MORE REASON TO AVOID OBAMA AT ALL COSTS, HE DOES NOT LIKE jewish people.
 Quoting: Anonymous Coward 12516691


Anonymous Coward
User ID: 1487573
United States
09/14/2012 10:53 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
I hate Bernanke more than anything, he is a real crook...

There are 50 days left to elections and he could not even wait for it to unleash QE3, i hope congress stops this unlimited MBS buying...

I really hope MITT ROMNEY beats the hell out of OBAMA and kicks BERNANKE from the FED.

You guys over there in UNITED States, Jewish Community ? What the hell you are doing ? You should give more support for Romney, come on he can still win...

Obama IS DEVIL.
 Quoting: Anonymous Coward 12516691


that's all nice n all

but you are from turkey.


Romney is no better than obama, maybe atiny bit better


evil is evil. This ship is going down, obama at the helm or Rmoney. Not that either of them are really at the helm. The Central bank is.
 Quoting: Bazingaaa


Its all because of OBAMA and his politics ,he does not care about economy, he knows printing money wont create jobs...

All they have been doing is to print money and debase US dollar, you told me that i`m not in US but everything we buy from outside world is priced in US dollars, also my income is priced in us dollars, so if BERNANKE debases your currency it effects me badly here, the prices go up and higher they go, inflation hits me hard but the artificial low rates takes my hard earned money out of my pocket.

All OBAMA supported was the criminal banksters...
Whatever you choose please dont choose OBAMA, he is the MASTER OF THE DEVIL.

ONE MORE REASON TO AVOID OBAMA AT ALL COSTS, HE DOES NOT LIKE jewish people.
 Quoting: Anonymous Coward 12516691


[link to www.youtube.com]
Anonymous Coward
User ID: 12516691
Turkey
09/14/2012 11:00 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
You guys support Ron Paul, right ? But does he even have a chance ? I don`t think so, he is brilliant but you know...

You may see it that way, OBAMA=ROMNEY but its still a change, OBAMA is corrupted along with WALL STREET, at least there will be some changes against Bernanke`s currency debasement policy, that thing is real serious, if it continues the way it is now, in 5 years we`ll have hyperinflation and a nasty ThermoNuclear WORLD WAR.
Anonymous Coward
User ID: 23764248
United States
09/14/2012 11:13 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
When a Repub is in the White House you never, ever hear a word about the unemployment numbers being bogus BS.

But when the unemployment number goes down and a Dem is running for re-election then SUDDENLY the mainstream media is telling us over and over again that the number are cooked.

The news is totally controlled.
You are brainwashed.
 Quoting: Anonymous Coward 22852152


The unemployment rating is based solely on those currently receiving unemployment benefits. So you'll never get an accurate tally as to how many are actually un/under employed. Anyone who has access to the internet and believes in the so called left/right paradigm are in my opinion responsible for the destruction of this country.
PravdaDemocrat

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United States
09/14/2012 11:20 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
Reporter:

“Are you concerned about the shrinking labor force and what does that tell us about the labor market and the economy?”

The Bernank:

“The unemployment decline last month was more than 100% accounted for by declines in participation.”

[link to investmentwatchblog.com]

Ron Paul on unlimited QE: ‘To me, it is so astounding that it does not collapse the markets. [Bernanke] said, ‘We are in very big trouble. We are going to do something unprecedented…’

wtf
 Quoting: waht


QE3, which is actually QE6, is a glaring admission that Obama's Economic Policies have EPICALLY FAILED....
Anonymous Coward
User ID: 4436859
United States
09/14/2012 11:21 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
Ya, false reporting out of these government people all the time.
Anonymous Coward
User ID: 23400158
United States
09/14/2012 11:55 AM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
duh


old hat


about 38 million without a job
 Quoting: Bazingaaa


The Business Insider claims One Hundred Million (100,000,000) are out of work.
Anonymous Coward
User ID: 1202994
United States
09/14/2012 12:02 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
Yeah we can get down to "full employment" by just having more people give up.
ElusivePisces
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United States
09/14/2012 12:04 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
It sounds like the power behind the throne is undermining the king.
 Quoting: Anonymous Coward 22132472


BINGO!
Anonymous Coward
User ID: 23534014
United States
09/14/2012 01:00 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
You guys support Ron Paul, right ? But does he even have a chance ? I don`t think so, he is brilliant but you know...

You may see it that way, OBAMA=ROMNEY but its still a change, OBAMA is corrupted along with WALL STREET, at least there will be some changes against Bernanke`s currency debasement policy, that thing is real serious, if it continues the way it is now, in 5 years we`ll have hyperinflation and a nasty ThermoNuclear WORLD WAR.
 Quoting: Anonymous Coward 12516691


gary johnson will do the sam as RP. i want out from under the 2 party system. they are the evil that has torn up our country
Anonymous Coward
User ID: 23462850
United States
09/14/2012 01:14 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
When a Repub is in the White House you never, ever hear a word about the unemployment numbers being bogus BS.

But when the unemployment number goes down and a Dem is running for re-election then SUDDENLY the mainstream media is telling us over and over again that the number are cooked.

The news is totally controlled.
You are brainwashed.
 Quoting: Anonymous Coward 22852152


It has nothing to do with democrat/republican. It has EVERYTHING to do with this administration, which by chance in this case is democrat.

Anyone that is not a complete moran can see that the true unemployment rate is much higher than stated. You don't need TV to tell you this.

Media is so liberal anyway, why would they bash their own?
Anonymous Coward
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United States
09/14/2012 02:02 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
Comming from Bernanke let me translate for you:

If employment is allowed to fester in this country the Investment, Production and Output would create so much inflation domestically, that it would weaken the dollar so much it would lose it's Petrodollar/Reserve Currency status around the world causing it to crash; while they try and print the world banks and financial institutions back into solvency with QE4ever.

Understand now ?
Anonymous Coward
User ID: 21721013
United States
09/14/2012 06:01 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
I hate Bernanke more than anything, he is a real crook...

There are 50 days left to elections and he could not even wait for it to unleash QE3, i hope congress stops this unlimited MBS buying...

I really hope MITT ROMNEY beats the hell out of OBAMA and kicks BERNANKE from the FED.

You guys over there in UNITED States, Jewish Community ? What the hell you are doing ? You should give more support for Romney, come on he can still win...

Obama IS DEVIL.
 Quoting: Anonymous Coward 12516691


that's all nice n all

but you are from turkey.


Romney is no better than obama, maybe atiny bit better


evil is evil. This ship is going down, obama at the helm or Rmoney. Not that either of them are really at the helm. The Central bank is.
 Quoting: Bazingaaa


Its all because of OBAMA and his politics ,he does not care about economy, he knows printing money wont create jobs...

All they have been doing is to print money and debase US dollar, you told me that i`m not in US but everything we buy from outside world is priced in US dollars, also my income is priced in us dollars, so if BERNANKE debases your currency it effects me badly here, the prices go up and higher they go, inflation hits me hard but the artificial low rates takes my hard earned money out of my pocket.

All OBAMA supported was the criminal banksters...
Whatever you choose please dont choose OBAMA, he is the MASTER OF THE DEVIL.

ONE MORE REASON TO AVOID OBAMA AT ALL COSTS, HE DOES NOT LIKE jewish people.
 Quoting: Anonymous Coward 12516691



Dude, you know who Romney is right?
juju

User ID: 23020028
United States
09/14/2012 06:12 PM

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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
Bernanke was appointed by President Bush in 2006. Bernanke was confirmed for a second term as chairman on January 28, 2010, after being re-nominated by President Barack Obama.

His statement tells me that the powers in charge are not loving the current man in charge.
Anonymous Coward
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United States
09/14/2012 06:33 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
Rush Limbaugh has been saying that for two years now.....
Anonymous Coward
User ID: 12257174
United States
09/14/2012 06:34 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
When a Repub is in the White House you never, ever hear a word about the unemployment numbers being bogus BS.

But when the unemployment number goes down and a Dem is running for re-election then SUDDENLY the mainstream media is telling us over and over again that the number are cooked.

The news is totally controlled.
You are brainwashed.
 Quoting: Anonymous Coward 22852152


Agree on the last two statements.

I never trust the numbers.

However, I'm trusting my eyes and my senses.

I'm a small business owner. My business is down 70% from 2008.

I deal with other small business owners every day. We talk.

They all report similar numbers - down 40%, down 50%, down 70%.

I'm a one-man business, but many of them have employees, and they tell me of having to let people go because they don't have enough work to keep all their employees.

That's real world.

Yeah, Bush sucked. But Obama is sucking one thousand times harder.
Brevet

User ID: 8496381
United States
09/14/2012 07:59 PM

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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
"Yeah, Bush sucked. But Obama is sucking one thousand times harder."


clappa
saturn12

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United States
09/14/2012 08:40 PM

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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
"Yeah, Bush sucked. But Obama is sucking one thousand times harder."


clappa
 Quoting: Brevet


bumpbumpbumpbumpbumpbumpbumpbumpbumpbumpbumpbumpbump
Anonymous Coward
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United States
09/14/2012 08:51 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
A friend of mine applied for a job delivering pizzas at the local Domino pizza place last week.

50 years old, 15 years of commercial driving experience, another 5 years managing a small seafood business.

The pizza guy told him he didn't have the qualifications to deliver pizzas.
 Quoting: Anonymous Coward 23581237


you need sales experience to get tips
Anonymous Coward
User ID: 23794820
United States
09/14/2012 09:13 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
Folks, it doesn't matter who we "vote" for. The United States is FINISHED. And probably FINISHED as a Country. Thinking: North American Union.
Anonymous Coward
User ID: 12257174
United States
09/14/2012 11:18 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
Folks, it doesn't matter who we "vote" for. The United States is FINISHED. And probably FINISHED as a Country. Thinking: North American Union.
 Quoting: Anonymous Coward 23794820


this
Anonymous Coward
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United States
09/18/2012 07:15 PM
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Re: Bernanke: 'The Only Reason That The Unemployment Rate Dropped Last Month Was That Workers Are Giving Up'
bump

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