Isn't it kinda odd that Wall Street and America would be BETTER off if Ben Bernanke and the Fed would actually RAISE rates?

You have to feel for Bernanke. It must suck waking up every morning to this mess.

That said, it's time for him to man-up and RAISE THE F*CKING RATE!

And he knows it.

And people paying $5 a gallon (should) know it.

And Wall Street knows it.

And poor Americans living in or visiting Europe know it.

He just doesn't want to do it before the election, since it's his job to get incumbents re-elected, not do what's best for America.

Check out this video. And coming November if not sooner, get ready for the rate hikes.

Bear Realities: Fed Rate Hike Could Aid Ailing Market, says Schwab's Sonders

HousingPANIC Stupid Question of the Day

In what year will Ben Bernanke's successor have to raise interest rates to 10%+, in a desperate attempt to repair the damage caused by the biggest wuss ever to hold the office?

Ben Bernanke is an economic terrorist - US inflation soars and the dollar is destroyed and he's getting ready to make it even worse

I hate Ben Bernanke. He knowingly made inflation soar and destroyed the US dollar in order to bail out his banker buddies - and he even failed there.

Ben Bernanke should be arrested for treason against the American people. If you earn, spend or save US dollars, Ben Bernanke is your declared enemy. He is an economic terrorist and should be fought with any and all legal means available. There should be protests outside of the Fed's offices, and Bernanke should be hounded like the scoundrel he is.

It's time to fight back people. Take this battle to the streets. Vent your rage. Contact your corrupt congressmen. Demand action.

Or just say f it, admit defeat, find a job that pays Euros, and buy gold.

Wholesale Prices in 2007 Up 6.3 Percent

WASHINGTON (AP) — Wholesale inflation last year shot up by the largest amount in 26 years while retailers suffered their worst December shopping season in five years as mounting economic woes caused consumers to put away their wallets.

The Labor Department reported that wholesale inflation was up 6.3 percent for all of 2007, reflecting a huge increase for the year in various types of energy costs ranging from gasoline to home heating oil.

¿¡Revolución!? Ben Bernanke and George Bush are killing America. Anyone care?

At what point do screwed Americans take to the streets? At what point in this downfall does violence break out? At what point do people say enough is enough?

Or does that point never come?

Interesting results so far in the HP flash poll on the Fed meeting this week. 95% of HP'ers think the Fed should hold or raise rates. Yet 73% think Ben will cut. Can you say disconnect? Can you say Screw America?

Washington Post: Is Bailing Out Reckless Investors Wise? Don't Bank on It

Last summer, the bill started to come due on our debt-fueled economy. We should have let it -- and let reckless speculators, subprime lenders and banks finally get what they had coming. But instead, the financial authorities let them off the hook. Rather than simply letting markets be markets, they bailed out both the fools and the knaves.

We'll all live to regret it.

But bad investments do not become good ones just because a central bank lends more money to the investors who made the rash choices. Problems caused by too much credit do not disappear when you hand out even more credit. And the syndrome that such moves create only makes our economic woes worse.

Anyone buy eggs or milk lately?

Ben Bernanke hates the poor and middle class.

And he's just getting started. Inflation will roar. And the little guy, as always, gets killed.

Maybe you should have your employer pay you in eggs or milk, instead of dollars.

Want a tip? DBA. 25% wheat, 25% soy beans, 25% sugar, 25% corn. It's gonna take a lot more of those worthless dollars to buy that Denny's Grand Slam and ramen noodles too. Or even fill up your tank to go buy groceries.

Why? Because Ben Bernanke hates you.

Industry analysts and some economists fear the strain will get worse as people are hit with higher home heating bills this winter and mortgage rates go up.

Food costs have increased 4.5 percent over the past 12 months, partly because of higher fuel costs. Egg prices were 44 percent higher, while milk was up 21.3 percent over the past 12 months to nearly $4 a gallon, according to the Bureau of Labor Statistics.

The average family of four is spending $7 to $10 extra a week — $40 more a month — on groceries alone, compared to a year ago, according to retail consultant Burt Flickinger III.