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CNNW Erin Burnett OutFront June 21, 2012



we want more ben and we want him now. but tonight, the truth. there s not enough ben for america. more ben is bad. i m talking, of course, about this ben, fed chair ben bernanke. today he announced he ll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. monetary policy is not a panacea, it s not going to solve our economic problems. the fed fed s drugs didn t come cheap either. there have been three rounds of fed stimulus with a total price tag of $2.7 trillion. and that doesn t include the $267 billion extension to operation twist that was announced today. so the question is, were the highs we got worth the price of $2.7 trillion? check this out. when the financial crisis hit, the fed stepped in with an unprecedented plan to lower interest rates. it was called q.e. 1 or quant ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120925:09:12:45

Detailed text transcripts for TV channel - FOXNEWS - 20120925:09:12:45
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Detailed text transcripts for TV channel - FOXNEWS - 20120827:01:13:30

Detailed text transcripts for TV channel - FOXNEWS - 20120827:01:13:30
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Detailed text transcripts for TV channel - FOXNEWS - 20120818:02:57:30

Detailed text transcripts for TV channel - FOXNEWS - 20120818:02:57:30
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Detailed text transcripts for TV channel - FOXNEWS - 20120815:21:44:45

Detailed text transcripts for TV channel - FOXNEWS - 20120815:21:44:45
vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.

Push Button Tone , Chase Sapphire , Ooh Whoa ,