Posted by
Defend America on Friday, February 26, 2010 7:27:17 PM
Is Maxine Waters Really As Dumb As She Seems?
Posted by
Jill Schlesinger
Federal Reserve Chairman Ben Bernanke delivered his semi-annual
testimony before the
House Committee on Financial Services today. He pretty much said what was
expected:
the economy is recovering but still fragile; the job market is
improving, but is still horrible; inflation is low now, but the Fed
needs to keep an eye on it in the future. As a result, interest rates
are likely to remain low for an "extended period."
All on script. But there was an interchange between one lawmaker
and Bernanke that deserves your attention. Please watch this video of
Congresswoman Maxine Waters - in it, she demonstrates that there is
obviously
NO intelligence requirement necessary to be named to the House Financial Services Committee.
http://www.cbsnews.com/blogs/2010/02/25/business/econwatch/entry6241870.shtml