How much damage can one man inflict and still be treated like a saint and savior in Washington?
Ben Bernanke’s career answers that question. The Establishment media has rallied around the current Fed chairman as if his reign was the triumph of wisdom and goodness – instead of a debacle of bursting bubbles and ruined lives.
Even though the Federal Reserve is supposedly independent [insert guffaw here] – Bernanke will not be permitted to continue in his job unless the Senate votes this week to grant him another term.
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