Thread: Economics The "Fed"
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Old 02-23-2014, 11:51 PM   #29
KC native KC native is offline
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Join Date: Feb 2009
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Quote:
Originally Posted by petegz28 View Post
Don't buy this crap about the audits. During all the TARP hoopla, the Fed was allowed to hide where all the money was going. It took the SCOTUS ruling several years after the fact that they had to disclose. Also on a more personal level, Bernanke is a ****ing idiot. The man was never right about 1 ****ing thing during is time as Fed Chair.
Disagree. I have zero love for Bernanke due to how the bailout funds were handled (no negotiations), but he handled the crisis fairly well considering the global payment system didn't implode and we have avoided a 2nd recession after 2007-2008.
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