Financial Cliff

AYFKM? Now Bernanke Wants To Put The Brakes On?

Ben Bernanke is so deserving of this next AYFKM? Award for his warning today about the US debt, and how The Fed won't "monetize" the debt, all the while not taking responsibility for his part in the financial fiasco. Bernanke delivers warning on U.S. debt Stage is set in U.S. for a Greek tragedy With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States could soon face a debt crisis like the one in Greece, and declared that the central bank will not help legislators by printing money to pay for the ballooning…
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