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Friday, February 26, 2010

Waters vs. Bernanke on Monetary Policy

A debate on monetary policy between two heavyweights...kind of like a boxing match between Mike Tyson in his prime vs. Michael Jackson in his prime.

This reminds me of Maxine Waters during the hearings post-Enron blowup. She asked whether the fact that companies keep two sets of books (one for tax purposes and one for GAAP purposes) was the reason that Enron was allowed to create a fraud.

Yup, these geniuses shape our economic policy...