April 14, 2008

The Madness of Ben Bernanke

“The dollar is in a tailspin, the trade deficit is growing and a recession is on the horizon. The American way of life is in serious danger. But the head of the Federal Reserve keeps on pumping easy credit into the system — a crazy policy that will worsen the crisis.” Read Garbor Steingart in Der Spiegel on Greenspan and Bernanke as the Siegfried & Roy of government. (Thanks to Brad Funkhouser.)