“I for one am glad Bernanke has been warning about not extending the Bush tax cuts.”
I think Bernanke was warning about the Republicans refusing to compromise and let all the tax cuts disappear rather than to do as the WH wants and extend them all except for those making over $250k a year (i.e., according to Bernanke, punish the 99% to protect the upper 1%).
Bernanke should do us all a favour and jump off that cliff. In the annals of “lying to Congress”, Bernanke and Henry Paulson take first prize with the bait and switch they pulled off on TARP.
http://www.washingtontimes.com/news/2009/oct/05/report-bernanke-paulson-misled-on-bailouts/
Bernanke obviously is against the WH on that.