Saturday, December 5, 2009

Eliot Spitzer: Geithner, Bernanke “Complicit” in Financial Crisis and Should Go

1 comment:

  1. Bernanke Channels Willie Sutton In Assault On Social Security: 'That's Where The Money Is' - Ben Bernanke has overseen the greatest expansion of the Federal Reserve's balance sheet in its history, pouring trillions of dollars into Wall Street firms at roughly zero interest rates. His generosity, however, has a limit. In testimony before the Senate Banking Committee today, where he's seeking re-appointment as the Fed's chairman, Bernanke called for cutbacks in Medicare and Social Security even as unemployment rises and the middle class is endangered.Citing legendary bank robber Willie Sutton, Bernanke said of the retirement and health care funds that are the legacy of the New Deal: "That's where the money is."

    ReplyDelete