Tuesday, March 3, 2009

http://finance.yahoo.com/news/Bernanke-recovery-hinges-on-apf-14525989.html

How long will we let this horse suffer before we put it down?


Federal Reserve Chairman Ben Bernanke told Congress Tuesday that any hope for an economic recovery will hinge on the government's ability to prop up shaky financial markets.

The effectiveness of a string of radical actions taken by the Fed, the Treasury Department and other agencies to stabilize markets "will be critical determinants of the timing and strength of the recovery," Bernanke said in testimony to the Senate Budget Committee