Capital Hill's grilling of Ben Bernanke on television today is rather farcical. Comedy, for sure. Sad, you bet. The questions put forth to the Fed Chair from Congressmen and Congresswomen today are so elementary that they should embarass the politicians. It takes alot to embarass a Congressman and his retirement perks.
How can Americans sit around and discuss the billions and billions of taxpayer dollars being used to prop up Wall Street, banks, the housing market and the mortgage market without discussing punishments for those who abused the law?
This appears to be the largest give-away program on earth this side of US farm subsidies.
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