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Post Date: Jul 10, 2008 11:45 a.m.
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Ben Bernanke and Hank Paulson are currently testifying before the House about current economic conditions. Besides staring at Hank's sports watch while a congressman complains about the scarcity of student loans, we've also been enjoying Bernanke's back and forth with the representatives.
One congressman challenged Bernanke directly, attacking the federally-sponsored buyout of Bear Stearns and widening of the discount window as an unjustified use of taxpayers dollars and needling Bernanke about the mistakes made by the Fed in 1929. Another demanded that he wait for Congressional approval before organizing another buyout.  Content suppressed by ://URLFAN, for full article visit source
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