Before the House Financial Services Committee, Federal Reserve Chairman Ben Bernanke will soon begin the central bank’s semi-annual Monetary Policy Report to Congress, otherwise known as the Humphrey Hawkins testimony, and you can watch it on CSPAN3.
I’ve got a pretty good hunch that, like his predecessor Alan Greenspan, history will not be kind to Ben Bernanke and elected officials may want to get out in front of that development by offering up some quips at today’s hearing – about all the money printing that central banks have been doing – so their thoughts can be recorded for posterity.
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“I’ve got a pretty good hunch that, like his predecessor Alan Greenspan, history will not be kind to Ben Bernanke.”
I agree, at least on the web blogs.
BTW, I can’t seem to find the news story about AG’s Medal of Freedom being revoked. I’ve looked everywhere on the web. I wonder where that story could be???
In the end, these a$$-clowns just slink away and never seem to suffer for their stunning incompetence and/or corruption.
Wow. Precious metals tumble when Bernanke opens his mouth. Highly unusual.
The subprime contagion remains well contained, there is no inflation, and a pink unicorn just ran across the White House front lawn.
What planet is this bernanke guy living on? Has he been given a drug test and a sanity test in the last 20 years? Has he gone senile or was he always this clueless?