Ben Bernanke's Pretense of Knowledge

In response to the meltdown of financial institutions, unprecedented power has been unleashed by the federal government. Between actions by the Federal Reserve, the TARP, guarantees made by the FDIC, and other direct bailouts, the total comes to nearly $8 trillion. That’s over 30 times the inflation-adjusted cost of the S&L bailout, according to Bianco Research. FULL ARTICLE