Why are we expecting him to solve the crisis he never saw until it was already on us?
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He never saw it? I believe he knew it, this stuff is engineered, it’s a wealth transfer. What we see here is fine acting.
Yep, agree with Jeremy. With all due bearishness on the situation, Bernanke is an extremely intelligent person, he certainly knows the true state of our economy.
Despite that, his job and his status, requires he deliver a happy message. If he scares the DOW into a dive, its his neck. So his tactic is to artificially prop up the markets while beneath the surface they eat at our country from the inside out.
All of Washington is hoping, and seems to believe, that someday soon, somehow, some magic cloud will blow in and everything will be rosy. They are stalling, but we all know here that that day will never arrive until all of this shit is purged from the system. The failures need to fail.
I never believe when he said he never saw it. That is the part of his work.
Deirdre Gonzales