Fed Chief: We're Laying Groundwork For Recovery

As Americans well know, the challenges we now face in the financial markets and in the economy are both extraordinarily complex and historic in scope. I firmly believe, however, that with the actions policy makers are announcing today, we will be able to meet those challenges.

Our strategy will continue to evolve and be refined, and we will adapt to new developments and the inevitable setbacks. But we will not stand down until we have achieved our goals of repairing and reforming our financial system, and thereby restoring prosperity to our economy.

Read the whole story here.

Comments

[JohnFromCensornati]

Go away Bernanke! You're laying the groundwork for recovery now that the Europeans told you how to do it.

[ibsteve2u]

It sure takes these people a lot of words to say: "Yep, we're gonna hock your grandchildren's America, too."

[sociocanuck]

Oh. That WSJ. I though it would be the World Socialist Journal, and I was all ready for a big laugh.

[rich misty]

Obama cannot get in there fast enough!!!

Paul Krugman for Treasury Secretary

[thecanadian]

Oh Yes!