To: AndyJackson
Volker has thrown no brickbats at Bernanke. He noted that the latter's actions have pushed past Fed precedent and such legal lines as there are around its authority, while also saying he considers the specific actions necessary. It was a call to legislators to examine the Fed's legal authority in the light of new, real, financial conditions, not one on Bernanke to deliberately allow another great depression.
113 posted on
04/29/2008 11:25:13 PM PDT by
JasonC
To: JasonC
Volker has thrown no brickbats at Bernanke.Oh this is the biggest BS I have read yet.
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