Bushite Bernanke Just Discovers U.S. May Be In Recession

This would be laughable if it weren't so pathetic; ridiculous and reprehensible.

The headline for this Washington Post article is "Fed Chief's Bleak Assessment of the Economy" and on the front page online "Fed Chief Warns of Possible Recession."

"The U.S. economy may shrink in the first half of the year, Federal Reserve Chairman Ben S. Bernanke said today, in his strongest acknowledgment to date that the nation could be experiencing a recession."

Really? Where in the heck has Beranke been? That's right, when facing an economic crisis just lower the interest rates and, of course, bail out the Wall Streeters and mortgage lenders, like Bear Stearns, who caused the financial disaster.  Bernanke is either incompetent or complicit or both in Bush's economic catastrophe.

Check out "Bernanke, Another Bushite Incompetent?" and plug in Bernanke on the Quicksearch menu button for more about the failures of Bernanke and his ilk.

As Julian Delasantellis recently described Bernanke: "Much like the children of the 1960s discovered with their particular paths to ecstasy, you probably can't achieve your state of bliss.....all that many times. Fed head Ben Bernanke probably can't, either. For him, the hash pipe essentially comes around to his lips every six weeks or so, with every Federal Reserve Board meeting. Two more hits, then Bernanke, and with him the rest of the world, will have to find a new way to stay eight miles high."

Looks like the hash finally ran out for Bushite Bernanke.

 

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