Spliced video from 5 CNBC appearances from 2005-07 where Bernanke demonstrates that he knows absolutely nothing. This one is so good we need it to go viral. Please send it to your reps in Congress and to the White House. Washington contact info for everyone and everything is here.
If we can get a million voters to see the clip, and from that group, 100,000 or so to actually email the video to someone in Washington, we might just be able to make enough noise to send B-52 back to Princeton. At a minimum we will make his life miserable and cause him extreme distress as this video passes through a million households and his utter lack of competence is seen by so many. If nothing else, think of it as a few minutes of your time for karmic revenge. Thank you!
There is no excuse or precedent for the Chairman of the Federal Reserve to misunderstand, miscalculate and misrepresent the greatest debt bubble of the last 200 years so tragically. Thousands saw it coming, but Greenspan & Bernanke were completely and utterly disconnected from reality.
Bernanke actually said that lending standards were circumspect and safe, or something to that effect, and that regulators were closely monitoring the quality of loans made by banks. I will pause while you get off the floor from laughing.
Every time he opens his mouth in this clip, he's not just wrong, but insufferably so. His credibility is non-existent.
Chairman Bernanke, there is no excuse. Admit your failure. We the people ask fordemand your resignation.