The Mangru Moment – On Ben Bernanke and Deficit Reduction – The Mangru Report – Episode 3 May 21, 2010Posted by Admin in Dan Mangru.
Tags: bailout, banks, barack, ben, bernanke, dan mangru, federal reserve, geithner, government, lecture, mangru, Moment, mortgages, obama, president, report, secretary, spending, tim, treasury, wall street
In this edition of The Mangru Moment, Dan Mangru tackles Federal Reserve Chairman Ben Bernanke. Recently, Bernanke has been lecturing Americans about the need to reduce deficits. What Bernanke fails to acknowledge is that he has spent more money on bailouts and toxic mortgages than any other Fed Chairman in history. Combine that with low interest rate policies and we are seeing how Bernanke is reflating the bubble all over again.