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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Sunday, June 21, 2009

Ben Bernanke is incompetent

How can I make such an outrageous statement that Ben Bernanke is incompetent? Watch the video below and make your own determination. Mr. Bernanke is NOT appointed by the public, and is a member of "The Fed", which is a quasi-private institutions. Mr. Bernanke wrote his college thesis that "The Fed" could have avoided the last great depression by aggressive action.


It is time for the government for demand a changing of the guard and remove Mr. Bernanke. Ideally, I would prefer to abolish the Fed. A good step is Ron Paul has passed in the house a bill to audit the fed.

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