Comments on: Bernanke conundrum is Obama’s problem http://blogs.reuters.com/christopher-whalen/2010/09/09/bernanke-conundrum-is-obamas-problem/ Wed, 16 Jul 2014 00:47:01 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: DavidAKZ http://blogs.reuters.com/christopher-whalen/2010/09/09/bernanke-conundrum-is-obamas-problem/comment-page-1/#comment-67 Sun, 12 Sep 2010 05:25:57 +0000 http://blogs.reuters.com/christopher-whalen/?p=47#comment-67 Capitalism. So passe

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By: 007james http://blogs.reuters.com/christopher-whalen/2010/09/09/bernanke-conundrum-is-obamas-problem/comment-page-1/#comment-66 Fri, 10 Sep 2010 13:15:02 +0000 http://blogs.reuters.com/christopher-whalen/?p=47#comment-66 I agre. Obama conundrum is that helicopter Ben has mutated with “bluffing comments” last week that market took by the bulls lifted wall st. now I call him Poker Ben!

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By: Woltmann http://blogs.reuters.com/christopher-whalen/2010/09/09/bernanke-conundrum-is-obamas-problem/comment-page-1/#comment-64 Fri, 10 Sep 2010 09:24:58 +0000 http://blogs.reuters.com/christopher-whalen/?p=47#comment-64 Backstopping the mortgage market to give the economy the appearance of not really flat-lining is plain wrong on a number of levels. There is nothing uniquely messianic about Bernanke, Summers or Geithner requiring their sainted presence at their current jobs. Probably the opposite is true ..

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By: dyllman http://blogs.reuters.com/christopher-whalen/2010/09/09/bernanke-conundrum-is-obamas-problem/comment-page-1/#comment-63 Fri, 10 Sep 2010 08:23:14 +0000 http://blogs.reuters.com/christopher-whalen/?p=47#comment-63 If that is done, then what is the effect on banks? It seems that it might just move the problem from one place to another.

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By: Fazsha http://blogs.reuters.com/christopher-whalen/2010/09/09/bernanke-conundrum-is-obamas-problem/comment-page-1/#comment-62 Thu, 09 Sep 2010 20:27:18 +0000 http://blogs.reuters.com/christopher-whalen/?p=47#comment-62 Chris is right. The only question is when are the higher rates going to come. The yield curve is starting to flatten ever so slightly.

Remember, when gold went up from 1977-1980, the prime rate went UP from 6.25 to 15.25 when gold peaked in Jan. 1980. Prime rate continued to rise to 20.50 by May 1981.

The latest prime rate I have is 3.25%.

The banks won’t refinance performing loans, despite Chris’ plea, because they are going to go right off the cliff – they will go as far as they can, then let the whole thing collapse and ask for the second bailout.

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