It was barely a month ago that I was reporting the mea-culpa of former Fed Chairman Alan Greenspan. Now it's Bernanke's turn. The current Fed Chairman, pictured at left with his friend and mentor Greenspan (who now appears in public only in hologramatic form for fear of being lynched) has been reported as saying that:
"I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.
Clearly all that Jedi mind-control training was a waste of time.
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