source: Raw Story
Bernanke a ‘key architect of the Bush economy,’ Sanders says
Bunning to Bernanke: You are ‘the definition of moral hazard’
A bipartisan effort to block the confirmation of Ben Bernanke to a second term as chairman of the Federal Reserve means the White House will face tougher obstacles reappointing the man it says is the right person to lead the country’s central bank.
Since last year’s financial collapse, Bernanke has been severely criticized by some as playing an instrumental role in allowing the creation of the asset bubbles that caused investment banks Bear Stearns and Lehman Brothers to disappear, and forced a $700-billion bank bailout on taxpayers