"Heroic Arsonist Puts Out Own Fire." -- from the Huffington Post. They're referring to Federal Reserve Chair Ben "Banker Buddy" Bernanke, Time Magazine's "Person of the Year" and one of the key officials that was asleep at the switch as the financial industry slowly but surely started in a disastrous downward spiral last year. Banker Buddy assured bank executives that the subprime mortgage scam wouldn't affect their profitability a couple of years ago, as defaults on escalating mortgages rose. The Senate Banking Committee just voted to approve a new term for Bernanke, with the full Senate confirmation vote coming next month.
Which all goes to prove that in D.C., some will always be absolved from the consequences of their misjudgements and poor performance.
