sistah43

Will 'Self-Preservation' Work After Decades of Fiscal Suicide?

Bernanke was a prime player in this. He was the one who quite literally stated (well before he ever became Fed Chairman) that in a crisis like this the US can simply print $$ and drop it from helicopter's if necessary. "Helicopter Ben" won't be greeted as a savior in this mess.


On Aug 17 07:04 AM MIke4040 wrote:

> Although there enough of blame to go around Ben Bernake came in at
> the tail end of this and most of the blame would have to go to Alan
> Greenspan, the Clinton and Bush administrations and the members of
> the U.S. Congress that passed legislation and enforced policies that
> led to investment banking and speculative sub-prime loans, tax poicies
> that encouraged foreign investments by U.S. manufacturers and .........................