Bernanke says student loans won’t cause crisis. As numerous commenters noted, this is the same bozo who said housing was not in a bubble shortly before that non-bubble burst. Fasten your seatbelts, we’re in for a bumpy ride.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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