The Bernank Sounds Nervous
Listening to the 60 Minutes interview with the Bernank, I have to say he sounds nervous.
Also, he says you would need to be "omniscient" to have seen the crisis coming. Naturally, there wasn't enough regulation by the Federal Reserve...
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2 comments:
CP,
He also said he has 100% confidence he can control the economy.
So, somehow he lacked the omniscience to control the economy properly in the past but this time he has the omniscience to control it with 100% confidence.
Yes, just like Bush he must think "decidin'" is easy.
Seriously, though, didn't he seem really nervous?
Was it the TV format? He doesn't get like that in front of Congress.
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