Mr. Parker Guest Panelist on FOX Business News E-mail
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Fox panelist discussed how  Ben Bernanke's appearance before a Senate panel on Valentine's Day wasn't greeted affectionately on Wall Street. The Fed chairman's pointed update on the Federal Reserve's current thinking on the economy and financial markets on Feb. 14 before the Senate Committee on Banking, Housing & Urban Affairs put a damper on both stocks and Treasuries. Overall the Fed said that the economy is experiencing "sluggish growth". However, everyone does feel like the Fed isn't being clear with his communication.


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 1 Housing Crisis
Written by This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , on 03-14-2008 10:58
Here is a great site for keeping up to date on the housing market: 
 
http://patrick.net/housing/crash.html
 2 Recession
Written by This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , on 03-04-2008 15:28
Mr. Parker is spot on in this clip. The economy is in fact in a state of emergency. However, there is little that the Fed can do to correct this problem. The Fed\'s power is little more then the ability to \"print money\". There needs to be a more comprehensive plan in place to reverse the effect that nearly 1 Trillion dollars in unpaid mortgage loans, quadrupled gas prices (within the past 7 years), and rising cost of commodities (everything from Aluminum to Zinc, Gold etc.) is having on the economy.Mr. Parker is spot on in this clip. The economy is in fact in a state of emergency. However, there is little that the Fed can do to correct this problem. The Fed\'s power is little more then the ability to \"print money\". There needs to be a more comprehensive plan in place to reverse the effect that nearly 1 Trillion dollars in unpaid mortgage loans, quadrupled gas prices (within the past 7 years), and rising cost of commodities (everything from Aluminum to Zinc, Gold etc.) is having on the economy. We are in no less then a recession, in spite of the set standards.

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