Which cash pool is the more responsible fund to exhaust first?

"Nothing made me more frustrated, more angry, than having to intervene" when companies were "taking wild bets," Bernanke said. But not acting would have had grave consequences for the economy, he added.

"I was not going to be the Federal Reserve chairman who presided over the second Great Depression," he said. "I had to hold my nose. ... I'm as disgusted as you are. ... I absolutely understand your frustration."]

“Nothing made me more frustrated, more angry, than having to intervene” when companies were “taking wild bets,” Bernanke said.

Apparently not angry enough to say banking executives merit nothing more than a turkey for bonuses in 2008 and would have to make due with that. A perfect opportunity to make a statement and preserve decorum in society. Mr. Bernanke does not have a sense of how to regulate or discipline bankers. He is too busy trying to please them and kick the can down the road, than stop them from making foolish spectacle of themselves.

He did not want to be seen as the chairman who presided over the second Great Depression … Meanwhile, Merill Lynch paid out over 5 billion dollars in bonus awards (accolades and medals to people who engineered the problems and whose business was failing) under the careful and glassed over eyes of Ben Bernanke – more concerned about his reputation than about whether or not the American people were being treated fairly.

He put down contract law as a basis for unloading their debt on us, and then a few months later, was standing in their number, summarily invoking contract law as a basis for paying them “glory year” type bonuses.

I am sure he was “holding his nose” over the indulgence, but the banks had to get permission of the Federal reserve board of governors to pay out those bonus. Bernanke is the Chairman of that board, which with Treasury Geithner, helped authorized the bonus awards to Merrill and all bonuses paid during the economic crisis.

He also authorized pass through operations at many banks receiving TARP money, that those banks would continue to pay dividends and take cash off their balance sheet, to do so. This is opposed to stopping that practice, since it was a crisis. A common sense solution, that would have been easy to order during an economic emergency and he went the opposite way.

Despair.com has come up with a new poster: Bailouts!

I think most here will get as big a laugh out of it as I did.

“Nothing made me more frustrated, more angry, than having to intervene” when companies were “taking wild bets,” Bernanke said. But not acting would have had grave consequences for the economy, he added

…It wasn’t my fault I’ve indebted generations…I had to do it…

Now he and his fellow don’t admit defeat and try to practice that failed theory once again, he will certainly make other two great achievements
1. He will make his Fed powerless.
2. He will turn this country to banana republic.

This guy still being in charge is telling how stupid and numb public is. Looks they wanted to fooled all the time.