The Bernanke Credibility Index

Discussion in 'Wall St. News' started by r2d2, Jul 15, 2008.

The Bernanke Credibility Index

  1. 10 (highest)

    2 vote(s)
    9.1%
  2. 9

    2 vote(s)
    9.1%
  3. 8

    2 vote(s)
    9.1%
  4. 7

    0 vote(s)
    0.0%
  5. 6

    0 vote(s)
    0.0%
  6. 5

    0 vote(s)
    0.0%
  7. 4

    1 vote(s)
    4.5%
  8. 3

    2 vote(s)
    9.1%
  9. 2

    3 vote(s)
    13.6%
  10. 1

    4 vote(s)
    18.2%
  11. 0 (lowest)

    6 vote(s)
    27.3%
  1. r2d2

    r2d2

    June 9, 2008
    "Indeed, although activity during the current quarter is likely to be weak, the risk that the economy has entered a substantial downturn appears to have diminished over the past month or so."
    http://www.federalreserve.gov/newsevents/speech/bernanke20080609a.htm

    July 15, 2008
    "The possibility of higher energy prices, tighter credit conditions, and a still-deeper contraction in housing markets all represent significant downside risks to the outlook for growth."
    http://www.federalreserve.gov/newsevents/testimony/bernanke20080715a.htm
     
  2. I voted a "two", my reasoning is as follows:

    1) I believe it is credible that his last name is indeed Bernanke.

    2) I believe it is credible that his beard is real.
     
  3. I voted "0".
    I'm beginning to think thusly;
    I have no idea as to the reality of what I'm being shown on TV.
     
  4. +1

    (His beard is turning really white, though)