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To: Moonman62
“It will help when the junk is cleaned out of the financial system, and Bernanke is the one leading the effort.”

Sorry but, that's Bull Shit.

Bernanke, Paulson and the rest of these financial geniuses, are the ones who either directly caused this mess or conveniently overlooked the coming economic failure.

You can throw in the entire industry, all of Congress and the President. They all knew.

71 posted on 01/16/2009 4:52:45 AM PST by wolfcreek (I see miles and miles of Texas....let's keep it that way.)
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To: wolfcreek
I would place the most blame on W. He's simply an arrogant, economic idiot who loves foreigners more than he loves Americans.

The Fed screwed up by inverting the yield curve and keeping it that way for a long time, but the Fed has been doing idiotic things like that for over 70 years. Bernanke also got it wrong along with Paulson when they said subprime was contained. However, I am 100% correct in saying that he is the lone leader for doing what will allow the economy to recover.

72 posted on 01/16/2009 5:45:13 AM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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