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News Link • Federal Reserve

Fed Chairman Ben Blah-blahnanke holds a press conference

• The Political Commentator, Michael Haltman
Nothing like listening to an egghead tell us how things are in the real world! Summary: In the short period of time that I listened to the Chairman speak, the items below are what I took from it. For anyone who is involved in the real world and real life with mouths to feed and bills to pay, they should probably not waste any of their time listening to an egghead tell them what's what! Mr. Bernanke's reality is much different than our reality, but he is who we have been reduced to relying on. I spent about ten minutes listening to Federal Reserve Chairman Ben Bernanke speak to policy and the general economy, and then I just couldn't do it anymore. In reality, does a rigorous academic discussion (this was a term used by my business school professors) really tell us anything about the trenches that you and I fight in each day...

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