ben bernanke is not long for the fed. he’ll be scapegoated for the entire mess. greenspan bailed when he saw the signs, bernanke could not see the mess (“subprime has not affected the broader economy”), he could not mitigate the mess (we now have inflation on top of the banking crisis) and his words to congress on the “stimulus package” are being repeated verbatim ad nauseum: “quick, focused, short term”. even though bush is currently taking credit, congress is stroking each other on “cooperation”, when the economy continues south, bernanke will get the finger.
assuming everything goes according to dr. evil bear’s evil plan.
