impressed by Ben Bernanke
The US economy is screwed.
News gets worse and worse:
… the Congressional Budget Office’s new projection that, under the current economic rescue plan, annual deficits will force the federal government to borrow fully a third more than the administration had earlier forecast. …
One bit of good news is this guy, Ben Bernanke. I was very impressed in this 60 Minutes TV interview on YouTube.
Bernanke Fed Chairman Discusses Recession, Financial Rescues And Recovery In Wide-Ranging 60 Minutes Interview by Scott Pelley.
You might say it’s partly his fault for not regulating the banking system SOONER.
But if not Bernanke, who instead should be saving the US economy?
One guy created a viral video sensation singing about wanting Alan Greenspan’s FED Chair job. A job that George Bush gave to Ben Bernanke instead. Watch that parody based on the Police hit: Every Breath You Take on YouTube.
It might take your mind off the economy.
[...] like Ben Bernanke MUST closely regulate banks. Or banks will make stupid, risky gambles with other people’s [...]
what I don’t know about economics « RickMcCharles.com
March 24, 2009 at 12:05 am
I knew Glenn Hubbard when he taught at Northwestern University. Took a course from him. He offered me a research position with him but I declined. Still don’t know why as I thought he was a great guy. Still have his old pencil sharpener though.
chopbox
March 26, 2009 at 9:14 am