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Bernanke, the genius email this discussion to a friend?

AMERICAblog News| A great nation deserves the truth (16) 
7 months ago

No, you don't say?"High rates of delinquency and foreclosure can have substantial spillover effects on the housing market, the financial markets, and the broader economy," Bernanke said in remarks prepared for delivery to the Columbia University School of Business in New York.Naturally none of this prevents him from a strict whatever-Wall-Street-wants policy of cushy bailouts and rate cuts. What next? Is Bernanke going to boldly state that interest rate cuts to banks don't transfer to...

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tags:  bailout, bernanke, sub-prime lending, federal reserve, republican economy
 
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