Tuesday, February 24, 2009

Alright...I've heard of someone trying to cover all their bases, but this is ridiculous:

http://www.foxnews.com/politics/2009/02/24/bernanke-offers-fed-tools-stem-recession/

Ben Bernanke says that the economy may be able to recover in the next year....but wait!!

http://news.yahoo.com/s/nm/20090224/bs_nm/us_usa_fed_bernanke_8

or, we might just be stuck in a depression until 2010.

I get the fact that this is two different articles spinning their own story about whatever Ben Bernanke actually said, but come on now...the fact that this sort of mix-up could even happen seems (at least to me) to really damage Ben Bernanke's credibility - not that he needs the help, with the economy in the shape it is. As the FEDERAL RESERVE CHAIRMAN, Bernanke needs to be very clear on what he's saying; instead of trying to cover himself "just in case", why not try some honesty? I mean, we all know it's bad...but who does he think he's fooling?

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