Bernanke on top of things!
March 4th 2009 03:23
Ben Bernanke, the chairman of the Fed, appeared before Congress today to talk about the economy. Here's a nugget of financial wisdom that he shared with the committee:
Ya think, Ben? Let me get this straight. In order to improve economically, our financial markets have to be healthy? Gosh, I'm glad we have the greatest economic minds on the job in Washington. How could we have ever figured that out ourselves?
Is everyone feeling confident and optimistic about our financial future yet?
Irritated lawmakers grilled Federal Reserve Chairman Ben Bernanke Tuesday over the latest bailout of American International Group, even as the Fed chief warned that an economic recovery hinges on the government’s success in stabilizing shaky financial markets and their major players.
Ya think, Ben? Let me get this straight. In order to improve economically, our financial markets have to be healthy? Gosh, I'm glad we have the greatest economic minds on the job in Washington. How could we have ever figured that out ourselves?
Is everyone feeling confident and optimistic about our financial future yet?
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