2011-02-12bloomberg.com

"Federal Reserve Governor Sarah Bloom Raskin called on mortgage companies and investors to look past their own profits and help revive the housing market to strengthen an “agonizingly slow” economic recovery.

“The government can only do so much, and relevant private sector actors need to think beyond their bottom line and focus on how their firms’ actions are or are not contributing to the economic recovery,” Raskin, the newest Fed policy maker, said today at a mortgage conference in Park City, Utah."



Comments:

catherine at 04:32 2011-02-13 said:
ohmygosh..............the ignorance and arrogance

don't see the president spreading his 5 million (his salary last year) or the Congressmen who retire at almost full benefits

or those union guys that keep getting their big pensions and salaries saved HELPING OUT or even being asked to HELP OUT

but the mortgage people whose industry THEY DECIMATED and housing which is dead

THAT IS WHO THE GOVERNMENT THINKS SHOULD PONY UP,

ahem she sounded a little like those UNION BOYS THAT BUSTED IN ON PULTE'S MEETING, DOESN'T SHE, and she is in charge now and here to help you guys :lol: :lol: :lol:

WHAT PROFITS IS SHE TALKING ABOUT?

all I see is GM guys getting big bonuses or the big Wall Street companies, BOTH GOT OUR TAX DOLLARS.....doing fine SO FINE THEY ARE BRAGGING ABOUT IT IN TAXPAYER'S FACES..................arrogance

unbelievable and this just makes you know what THEY THINK ABOUT YOU.........and how can you think they are going to help you make a good living................... Permalink

StephenF at 05:11 2011-02-13 said:
That may be the funniest request that I have heard yet...She obviously has Liberal/Socialist tendencies. Who appointed her to her position? Oh, never mind, we don't need to go there :roll: :roll: :roll: :roll: Permalink
StephenF at 05:13 2011-02-13 said:
We need to Unionize and then we will nothing more to worry about :lol: Permalink

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