SliderOnTheBlack.com

Charts, Rants, and Random Thoughts on Gold, Freedom, Money & Markets

SliderOnTheBlack.com header image 4

Bernanke’s “BS” Smoking Parable Response To Rick Santelli…

February 24th, 2009 · 1 Comment · The Fed & US Treasury Policy

They just can’t leave CNBC’s Rick Santelli alone, can they?
At today’s Senate Banking Committee hearing, Ben Bernanke answered Senator Evan Bayh’s (D. In.) reference to Rick Santelli’s criticism of this bailout package rewarding bad behavior, with the following parable about “Fire, and saving the neighborhood”…
“If you lived in a closely grouped neighborhood of wood houses… [...]

[Read more →]

Tags: ·······