Tuesday, August 25, 2009

Bernanke re-appointment - humbling reminder of mistakes





I don't have any objection to the Bernanke reappointment. He has been more aggressive than I ever expected a Republican to be. Credit markets drying up? Just print more more money. That was the Bernanke approach and a good one.

But he should be reminded that in 2005 he insisted that there was NO Housing Bubble.


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