11 votes

FOMC Rate Decision 12:30; Federal Reserve First Ever Press Conference 2:15pm

(MarketWatch) The Federal Open Market Committee will announce its rate decision at 12:30 p.m. Eastern time today instead of the usual 2:15 p.m. Sources say the Fed is likely to stay with its target federal funds rate of between 0% and 0.25% and its goal of buying $600 billion in Treasury securities by the end of June.

At 2:15, The FOMC will release its quarterly growth and inflation estimate, instead of unveiling it three weeks after the rate decision. Then there will be a first-ever-for-the-Fed press conference. After a brief introductory statement, Federal Reserve Chairman Ben Bernanke will answer reporters’ questions for roughly 45 minutes.

Read more at MarketWatch.

The press conference will be carried live on television, and on the web at CSPAN.org




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fireant's picture

"...assuming no further shocks to the economy."

(stated with noted emphasis at 2:20)
Translation:
"I ain't got a clue. We're just here going through the motions so folks will think we know what we're doing."

Undo what Wilson did

Were flushin them out now. Be

Were flushin them out now. Be nice when we can turn on cspan and watch him on trial. If that ever happens.

Just Announced : Ron Paul On Dylan Ratigan Now ! (PMSNBC)

Just Announced : Ron Paul On Dylan Ratigan Show MSNBC

Trembling Voice

A number of people have commented on Ben's trembling voice. I'm not sure that's relevant or kind.

For one thing, Ron Paul's own voice isn't always a good indicator of the strength and steadiness of his ideas and character.

For another, it's a bullying tactic to attack or tease someone for a physical attribute or something they didn't choose (e.g., their name).

If you want to attack something, attack his lack of common sense, refusal to really answer questions, circular and flawed logic, complete failure to accomplish stated goals, etc.

What do you think? http://consequeries.com/

Why is it not relevant to

Why is it not relevant to analyze non-verbal forms of communication? It's not a form of bullying at all. It is just using all information available to gain a complete understanding of the situation.

Respectfully disagree

He's scared and that's significant. It's not a physical attribute or due to his age. Once we understand who his bosses really are, and most of us do, and what they are doing even in the kindest light, robbing us blind, we see that it's pretty stressful being the front man for the financial mafia. He has the most powerful people in the world pulling his strings. If he's afraid, we should be too and he is.

"Do you want to know who you are? Act. Don't ask. What you DO will delineate and define you." - Thomas Jefferson

he only trembles when he

he only trembles when he talks about something he knows isnt true, only when he is flat out trying to scam or lie. Ive noticed it for years now. Its not a physical attribute he can talk very clearly when he is speaking honestly. Besides when somebody does tremble the way he does, it Does normally mean their lying (obviously not always), its his nerves.

1st Post

Very well said!

I got through!

I am Eric from Dallas (actually Irving).

That was a blast. My comments were:

1) Giving Ron Paul props for influencing the debate. He said "you think this has something to do with Ron Paul's pressure on the Fed?" I said absolutely.

2) I pointed out that the Federal Reserve has a flag, but are a private bank, not a government agency. Bernanke even said "The Fed and other PRIVATE SECTOR" institutions.

3) I also mentioned that I would LOVE to see Bernanke comment on Jefferson's belief that a private central bank would be more of a threat to our nation than a standing army....."

This is so exciting to see these guys on the hot seat, and more and more outlets are being forced to cover Ron Paul, because he is at the EPICENTER of the most pressing issue facing our country.

Go Ron, Go!

I tried to call in to cspan

I tried to call in to cspan but gave up. I have never heard so many vague words spoken by someone in charge. I mean, how can ANYONE have faith in them! Here are words they used over and over : we expect, we hope, we anticipate, we will try, we will see, we think possibly..
It was so obvious. And to think, NO one asked, "Well, what u did so far GOT us here, why do you think u know how to get us OUT..?
It is so obvious from those statements that they are only experimenting and hoping for outcomes. I simply am floored at the vagueness and just plain stupidness of these "global financial planners". MY GOD.

Ron Paul Is Everywhere...All The Major TV Channels...Whooohoo

Whohoooo Yipeeeeeeeeee

Ron Paul Phoned In To Speak To CNN .!!

They Put Him On The Air waves....Awesome!!

He just phoned CNN and they put him on the air to speak about Obama Yo Mamma

He was on CNN twice in one day...he's catching on!

Awesome callers right now

:)

Call in's are ripping Bernanke apart!

Damn Yeah ...!

10 minutes and its not stopping!

Big plug for RP and it his influence forcing the Fed to rebut.

The radio host is clearing his throat on the rippers and cutting them short. On the pro-Bernanke guy, the hosts throat is fine and boy, is this caller getting some serious air time ...

ACinMA's picture

So....

MSM should all be looking for a RP response after that.. Any other interview set aside from Ratigan tonight?

Fall River, Bristol County, Massachusetts

ℛ[ƎVO˩]ution
"When one gets in bed with government,
one must expect the diseases it spreads."
‎"It's not like I'm a powerful person. My ideas are."

Benny The Wood Pusher

Uncle Ben is lousy at chess. Who would have guessed?

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

Ron Paul On Glenn Beck : Fox Radio

They discussed the FED..

RP

Other noise coming in?

Anyone hearing more voices?

Now it is off all of a sudden.

Yeah some guy was talking

Yeah some guy was talking about his email or some crap. Most likely knows ben is full of bologna

Commerce with all nations, alliance with none, should be our motto. - T. Jefferson rЭVO˩ution

"Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.” - BASTIAT

Good For You Phantom...I bought a Monster Box

Get out of the dollar, Bernanke has gone bonkers !!

Look At What This Shxx Bird is Doing To Gold & Silver!!!

Everytime he opens his trap Gold & Silver skyrocket. What a chump!

Gold and silver SPIKING!!!

WOOT!

Gold - 1525.40
Silver - 47.52

I am sorry. These guys are

I am sorry. These guys are obviously hoping, and experimenting, and trying to pass the buck if it does not work. I am appalled.

NOTWITHSTANDING the FACT, that they have been in charge which has caused this to happen..omg

Metals just SPIKED UP

BIG!!!

APMEX is one of the largest

PM Dealer in the world?? And they are almost OUT of EAGLES. Look at the front page...look at the premiums....HOUSTON we have a problem....Notice all of the buttons that say "ALERT ME"...they are gone..
http://www.apmex.com/Category/160/Silver_Eagles___Uncirculat...

Glad I ordered

120 Eagles yesterday when it was just above 45.

“I have joined your revolution and I’m proud to be part of what you want to do.” - Ron Paul

I Call For Ron Paul Press Conference..I'm In Agreement With

Jive_ davidson..

Dear Ron Paul,

Please Seize The Opportunity To Slam This Cheating Counterfeiter..I Call For You To Have A Press Conference, Immediately Following The BS, Just Like After Obamas POTUS State Of The Union. After All This Lying Screwball Wields Much More Power Than Emperor Obama.

In Liberty,

"E"

Inflation

Inflation is an expansion of the money supply. When The Bernanke talks about inflation he's speaking about price inflation. Price inflation is just a paper tiger. Therein lies the rub.