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Transcripts For CNBC Mad Money 20121212

Coach you. Call me at 1800743cnbc. You can blame the democrats for their inability to offer any cuts for spending. You can blame the republicans for not even wanting to consider tax increases. But dont you dear blame ben bernanke for not being willing to take bold action to get this economy hiring and moving again even if his statements about economic weakness ultimately caused the averages to stumble from some pretty lofty levels. Dow only declining ability 3 points s p inching up 4. 4 . Close in positive territory. Nasdaq giving up 2. 8 . When you look at what ben bernanke did ntoday the republicans themselves refuse to get specific on spending until they see something from the white house. The elected portion of our government is not helping this economy at all. Their failure to rise above politics to reach a compromise is now really starting to hurt u. S. Economy. In this vacuum, the fed has decided to keep rates low. They stepped in saying listen, business. We are not going to get

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