While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere,” Benjamin S. “Helicopter Ben” Bernanke, Chairman of the Federal Reserve Board of Governors (a Federal agency) that oversees the privately owned Federal Reserve System of (central) Banks, in testimony to the CONgressional Joint Economic Committee, says, “At this juncture … the impact on the broader economy and financial markets of the problems in the subprime [junk mortgage] markets seems likely to be contained. …”

       [restored 3/29/2024]

Subsequent Events:

4/2/2007                   8/17/2007                   3/14/2008

References:

FRB: Testimony, Bernanke–The economic Outlook–March 28, 2007
www.federalreserve.gov/newsevents/testimony/bernanke20070328a.htm

Current U.s. National Debt:

$36,167,124,467,492

Source