The latest economic salvation note, sounded today by Federal Reserve Chairman and misstepping oracle Ben Bernanke, is for banks to do more to halt home foreclosures. He thinks that write-downs of principal "may need to be part those efforts." Which means he's GUESSING? So far most of the measures he and Treasury Secretary Henry "Wonderboy" Paulson have hauled up the flagpole have pretty much sucked. And every time the guy opens his mouth, the stock market takes a dive faster than a crooked boxer. I think the best solution for economic recovery in the short term is for Babblin' Ben to just keep his yap shut.
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