Two years late and several trillion dollars short, but the former and current Fed Chairmen are finally telling it like it is: our huge budget deficits are a threat to the financial health of this country--not just in Greece. They're even urging Congress to reign in spending and to raise taxes. Good luck with that.
http://www.washingtontimes.com/news/2010/feb/25/bernanke-delivers-warning-on-us-debt/
Perhaps Bernanke is tired of hearing complaints from the blogosphere about him being asleep at the wheel.
Monday, March 1, 2010
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