"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Bernanke's Trillion Dollar Decision
Submitted by Mike Powers on Sun, 2009-10-25 17:00
in
'This decision is about when to pull out $1 trillion that's propping up the U.S. banking system. And it will be Federal Reserve Chairman Ben Bernanke and his Fed colleagues who make the call.' This is the same man whose prognostications about the housing boom and subsequent bust were embarrassingly wrong.
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