The Spectacle Blog

Bernanke Blew It

By on 6.26.08 | 4:50PM

The stock market tanked today, and the price of gold skyrocketed -- as a predictable response to the Federal Reserve's incredibly wrongheaded decision yesterday to leave its interest rates alone. Larry Kudlow explains it all today. Then again, I explained on Tuesday what SHOULD HAVE been done. Fed Reserve Chairman Ben Bernanke is an utter disaster; his incompetence is stunning; Bush should publicly ask him to resign.Â

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