Ben Bernanke's Testimony

The Federal Reserve chairman appears before the congressional Joint Economic Committee amid expectations that the central bank will take further steps to boost the economy.

  1. Bernanke: Fed is prepared to adjust its Treasury holdings "as appropriate to promote a stronger economic recovery."
  2. Hey, finally some good news! Bernanke says "the United States and Greece are extremely different economies."
  3. Bernanke: "I'd be much more comfortable if Congress would take some of this burden." In Fedspeak, that's some X-rated language.
  4. It's an amazing world we live in when a conservative central banker is on Capitol Hill, urging Congress to spend more.
  5. Senator: Do you sleep well at night? Bernanke: Yes, but I have a lot to do during the day.
  6. If Ben Bernanke's testimony was a show, would it be called "Happy Days" or "Curb Your Enthusiasm"?
  7. Bernanke says that Fannie and Freddie "have decided" to do principal reductions - then rephrased as "are considering." Does he know?

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