10.03.2008

Who you gonna call?

From today’s NYT:

In a hastily convened meeting in the conference room of the House speaker, Nancy Pelosi, the two men presented, in the starkest terms imaginable, the outline of the $700 billion plan to Congressional leaders. “If we don’t do this,” Mr. Bernanke said, according to several participants, “we may not have an economy on Monday.”

I don’t know about you, but I find this paragraph outrageous. Ben Bernanke’s hysterical proclamation—or threat, depending on how you read it—is in quotes, and it seems to have multiple sources confirming it, so I have to believe the Chairman of the Federal Reserve actually said this—and that just blows me away!

Read full story