Finally, a voice of sanity in this mess. Rep. Paul may have the purest of motives, but imagine Rep. Frank holding the hearings.
But, Jekyll Island, the Bilderbergers, the joooooos!!!!!!
--or Obama appointing some croney that talks in 'greenspanspeak'. Imho the best line was at the end:
Ironically, Mr. Bernanke himself may be partly responsible for the current brouhaha over transparency. His predecessor, Alan Greenspan, spoke to Congress in arcane terms that even economists found hard to decipher. In contrast, Mr. Bernanke speaks clearly and understandably and consequently invites more questions. When the door of understanding is opened, it instills the desire to become involved. Such are the risks of transparency. |