ben bernanke
Fed Chairman Ben Bernanke with his unenviable job of trying to save the crumbling American economy with interest rate tweaks is sort of like a firefighter standing before a Texas wildfire who gets to shoot at it with a water pistol while everyone yells at him about the size and type of his water pistol. [...]
Federal Reserve Chairman Ben Bernanke flew to Japan this week for a tour of that nation’s various soiled-panties-dispensing vending machines, but he needed to do something “work-related” so he could deduct the tickets on his taxes, so he ended up stopping by a Tokyo conference on “the future of central banking” and gave a few [...]
This morning’s theatrical populist pretend-fest is already underway in the Senate, where Fed Chairman Ben Bernanke is facing his first reconfirmation hearing before very very angry Republicans and Democrats, who have all sorts of “ideas” for the Fed in the future.
Harried Money Emperor Ben Bernanke testified in Congress again today about upcoming financial regulation measures and apparently pleased the Socialists by saying that increased transparency won’t do the trick — you have to straight-up ban certain financial instruments, starting with, say, the ones where lenders throw trillions of dollars of credit at random hobos without [...]
Hey, a new survey about things people don’t know: Gallup asked some random selection of Americans who haven’t had their phones shut off to rate nine major federal agencies they may or may not have heard about, on the AM radio. The results are … bad news for, let’s see, Ben Bernanke? Sure!
Barack Obama ate a hamburger… Sarah Palin got a gun… torture, they’re still going on about that… Sean Hannity is insane… what else today? Oh right, the thing, the thing where goods and services are bought and sold and jobs and money and stuff! Ben Bernanke said optimistic things about it today, albeit with a [...]
Earlier we showed Barney Frank yelling at the goddamn Code Pink hippies on multiple occasions, but what else happened during this latest 94-hour grandstanding spectacle of a House Financial Services Committee hearing? Why the economy got saved, of course! Ha ha. (Kill us.) America’s C-SPAN watchers did, however, get to see such luminaries as Ron [...]
Keeping accord with weekly tradition, Wonkette channeled its insomnia at 4:30 a.m. this Monday morning to a week-old version of the New Yorker magazine, online, so as to scan for a “politics article.” There was a Ben Bernanke profile, which is EXACTLY what we asked our parents to get us for Christmas, at Best Buy. [...]
Money-printing liquidity trapper Ben Bernanke has been a Local Loser in recent months after rapidly cutting the federal funds rate to negative 1,000% to no effect whatsoever, except national embarrassment. He’s had to print Master Paulson’s money, alone, every night, as punishment. He is not allowed to shave. But as Paulson and his flack Neel [...]
Whoa hey… whoa… what the hell? “The United States government unveiled $800 billion worth of new loans and debt purchases on Tuesday, hoping another massive infusion of cash would smooth troubled credit markets and make borrowing easier for homebuyers, small businesses and students.” Ha ha, it’s like the original TARP, but for consumers and eggheads [...]
WHAT DOES THIS ALL MEAN?: Your Wonkette will now link you to a Huffington Post page that excerpts a New York Times article about the Recession possibly celebrating its first birthday now, according to math and economists. Rather than link directly to the New York Times article, we wanted to ask you, the reader, to [...]
While the economy continued to melt down over the weekend, Federal Reserve Chairman Ben Bernanke spent a few hours hiding from his life at a Washington Nationals baseball game! Alas, he could not escape his horrible, horrible sadness: “Like at every other professional sporting event, a couple minutes is devoted to throwing out free t-shirts [...]
