Wednesday, April 02, 2008

Bernanke Warns of Possible Recession

Pretty funny for him to suggest this, because I'm certain he already knows we're in one, but just watch and listen to how nervous he seems.

Federal Reserve Chairman Ben Bernanke warned Congress on Wednesday that the economy may shrink over the first half of this year, which would signal the start of a recession.

Federal Reserve Chairman Ben Bernanke testified that an impending recession is possible. And struggling homeowners could soon be getting some help. Alexis Christoforous reports.

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