These people run our country??

Footage of Ben Bernanke testifying and getting "grilled" on monetary policy by Maxine Waters. Bernanke has to sit through this and actually answer these questions? Can't they just send a high school senior to answer these?

It's scary that people with this little monetary knowledge are helping to run the country. No wonder we are where we are.






I'd hate for the 25bps increase in the discount rate to affect mortgage rates...