Ben Bernanke Is The Worst. Don’t Kill The Real Estate Golden Goose

Published: August 10, 2007, 6:56 pm

Tags: mortgage news, freddie mac, fannie mae, mortgage video, loss mitigation, federal reserve, housing market, housing videos, mortgage delinquencies, donald trump, mortgage defaults, housing market, housing videos, mortgage news, trump, discusses, cnbc, donald, 371166, 11867567

Trump on the Economy Fri. Aug. 10 2007 10:39 AM[06:11] Donald Trump discusses market concerns, with CNBC’s Erin Burnett Donald Trump - Bah Humbug! Buy, Buy, Buy! Jack Miller submits: Donald Trump was just on CNBC saying that he longs for the days of Alan Greenspan. He believes that Ben Bernanke has held short rates too high too long. He went on to say that Ben should hold an emergency meeting of the FOMC to cut interest rates. He believes that the coming recession could be one of the worst in a long time. The President of the Federal Reserve Bank of Richmond wrote a nice rebuttal to Trump’s tirade. It was published as the President’s message in the "RegionalFocus," spring of 2007. The summary point of the article was, "Monetary policy works best when it allows the real economy to respond appropriately to economic fundamentals, rather than attempts to insulate the economy from

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