And They Can Save Us Now?

The very same "experts" who didn't see the crisis coming (though warned), couldn't prevent it when it started, can't stop it once rolling, now tell us that if we jam through questionable legislation that will save us!!!???

Bernanke said so to the banking committee:

``I believe if the credit markets are not functioning, that jobs will be lost, the unemployment rate will rise, more houses will be foreclosed upon, GDP will contract, that the economy will just not be able to recover,'' Bernanke told the Senate Banking Committee today. ``My interest is solely for the strength and recovery of the U.S. economy.''

My take, I believe credit markets are functioning, that jobs will be lost, the unemployment rate will rise, more houses will be forclosed upon, GDP will contract, BUT THE ECONOMY WILL BE ABLE TO RECOVER.

The last time we jammed through a piece of legislation it was called The Patriot Act. I didn't care how that turned out.