For reasons that will probably always remain a mystery to the broader public, Fed chair Bernanke went to Kansas City this past weekend to defend his record at a town hall meeting covered by PBS. The major networks must not have been interested.
Bernanke is almost certainly going to be reappointed as head of the Federal Reserve despite his recent erratic actions.
Every news agency covering the story will start off their stories in the same way. In a forum on the Fed’s role in the handling of the economic crisis and recovery, Federal Reserve Chairman Ben Bernanke reflected on his desire not to be the Fed chief who “presided over the second Great Depression.” Odd that Bernanke never mentioned his Depression fears in the midst of the crisis.
Douglas A. McIntyre
