Ben S. Bernanke said the mortgage market is still so tight that he's having a hard time refinancing his own home loan.

The former Federal Reserve chairman, speaking at a conference in Chicago, told moderator Mark Zandi of Moody'��s Analytics Inc. -- "just between the two of us" -- that "��I recently tried to refinance my mortgage and I was unsuccessful in doing so."

When the audience laughed, Bernanke said, "I'��m not making that up."

http://www.bloomberg.com/news/2014-10-02/you-know-it-s-a-tough-market-when-ben-bernanke-can-t-refinance.html

The man evidently can't manage his personal finances yet he was running the central bank issuing the world reserve currency. Yep, sounds about right.

http://mises.org/daily/4798

Ben Bernanke, the man who purports to be the savior of the economy today, was actually deeply involved in creating the housing bubble, encouraging people to invest in toxic assets, and orchestrating the cover-up after the bubble collapsed. Now he is bludgeoning the economy into depression. Just like his predecessor Greenspan, his statements are replete with misleading, convoluted, and inconsistent claims, all designed to disguise the role of the Fed in the economic calamity.

Ben Bernanke went to Harvard University, where he received his undergraduate degree in economics. He then went to graduate school at the Massachusetts Institute of Technology, MIT, where he received his PhD in economics. His thesis adviser was Stanley Fischer, and his committee consisted of Fischer, Rudiger Dornbusch, and Robert Solow, a Nobel Prize winner. (He also thanked Harvard University professors Dale Jorgenson and Peter Diamond [Nobel laureate 2010] in his dissertation.) It is safe to say that he had an elite education in mainstream economics.



I can feel his pain!

oh my...

TO BAD

SO SAD

I'M GLAD

aahhhhahahahah