Watch Ben Bernanke’s LAST FOMC Press Conference LIVE below at 2:30pm EST! [Read more...]
Bernanke States Cyprus Style Depositor Haircuts Possible in US if Events in Europe Become Contagious!
At this afternoon’s FOMC Press Conference in response to a question posed as to whether the Fed would ever impose depositor haircuts as was attempted this week in Cyprus, Fed Chairman Ben Bernanke confirmed that Cyprus style depositor haircut wealth confiscation is possible here in the US if the Cyprus event or another event in Europe were to become contagious and the people lose confidence in the US dollar.
GOT PHYZZ?? [Read more...]