News Groper's celebrity bloggers are on indefinite strike. While we negotiate (indefinitely), check out Easy LOL to follow comedians on Twitter.

Ben Bernanke’s Blog

If you do not fear the recession, it will not occur

By Ben Bernanke

Bio & Blog

shopping-carts.jpg
via garibaldi on Flickr

The pessimistic opinions of two uninformed continents (Europe and Asia) should not influence a wise student of economics. Just because they’re worried about a U.S. recession doesn’t mean you should be too.

The markets are closed today in honor of a great American leader. What does great leadership entail? Being optimistic about the future, not worrying about the Dow futures market being down 500 points. That’s why my old boss, George Bush, and I are encouraging you to spend rather than worry.

Please put down your Wall Street Journal, and visit these web sites:

Woot
This site employs the economic principal of scarcity along with slight wit to entice you to buy goods that you may not need, but will help the economy.

ShopWiki’s Tickle Me Elmo Page
Remember how disappointed your offspring were when you failed to get them the gift they really wanted ten years ago? It’s not too late, and now there’s plenty of stock of Tickle Me Elmo. Surely, despite their aging, your children’s hearts still have room for this amazing device.

Amazon’s Kindle
Not only will you be doing the economy a favor by buying the Kindle for $399, but with every purchase of a virtual book for $9.99 you’ll be adding to the publishing houses’ profit margins — which they’ll surely reinvest into the economy by giving advances to new insightful business books.

1/21/2008 9:55 PM, New York
login or register to post comments

Ben Bernanke Email Alerts

feed This Blogger's RSS Feed

News Groper Weekly Email

Get the very best & funniest of News Groper in our weekly email newsletter.