Tuesday, October 04, 2011

Bernanke testifying right now before Congress on slow-growth economy, live video available

Ben Bernanke is testifying before Congress right now on the economy, especially the European debt situation.  He described the problems in Europe as “political” rather than fiscal or even demographic.  

MSNBC’s link is here

CSPAN’s link is here

The Federal Reserve has a transcript of his testimony here

Bernanke said that the Fed was ready to do more for the economy, and said that growth is still even slower than expected. 

Yahoo! has a video right now on the "Blodget Plan" to fix the economy, which is "acknowledge first".  The basic problem: too much debt. 

Also, New Jersey GOP governor Chris Christie says (confirms) he will not run.

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