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07/27/2009 10:52 AM ID: 79882 Permalink   

"Too Big Too Fail, Too Small Too Save"; Claim Small Business Owners

 

Federal Reserve Chairman Ben Bernanke spoke in a forum Sunday. Bernanke defended his controversial actions, saying they helped fend off a "Second Great Depression." Citizens expressed concern over the big bailouts for big businesses.

A small business owner at the forum expressed his anger over the government's actions of bailing out big firms while letting small businesses fail. When confronted, Bernanke would explain he had "limited options" and stressed a "regulatory overhaul."

One topic that got a "forceful tone" from the audience was the Fed's independence. Bernanke insisted that an audit of the Federal Reserve by the Government Accountability Office is "misunderstood by the public."

 
  Source: online.wsj.com  
    WebReporter: sour4d20 Show Calling Card      
  Recommendation:  
ASSESS this news: BLOCK this news. Reason:
   
  12 Comments
  
  It's tricky isn't it.  
 
to, two, too?
Sorry - I'm in a bad mood.

Seriously though, they're right - if you don't let big companies fail (too), how will anything change.
 
  by: jamesmc   07/27/2009 11:27 AM     
  @ jamesmc  
 
I thought the same thing about the 'too' mistake. The thing is, I wouldn't have commented on it usually but I'm pretty sure sour4d20 has been giving out bad ratings to people for far less noticable things (in some cases there didn't really even appear to be any problem with the summary).

Apologies if I'm thinking of someone else.
 
  by: DarkLady   07/27/2009 02:38 PM     
  Let's just give  
 
Ben Bernanke a rap name -- say, 'Banky B' -- and call this "2 Big 2 Fail, 2 Small 2 Save." Dropping soon.
 
  by: ben_reilly     07/27/2009 04:55 PM     
  @ben_reilly  
 
If Ben Bernanke was Tupac Shakur, the audit would be Notorious B.I.G.
 
  by: DoubleTake   07/27/2009 07:10 PM     
  see...  
 
i tried to tell you guys you were too excited over that whole hr1207 or whatever it was...

Big Ben says you misunderstand the audit. Us underlings are too stupid to really understand what is actually going on, lets not question them...
 
  by: teh_epic     07/27/2009 08:51 PM     
  There..  
 
are very few small businesses remaining here!
 
  by: captainJane     07/27/2009 11:15 PM     
  @readers  
 
He has been fending off ideas to audit the fed for sometime now.

Does any have any sources that explain what might be some possible out comes?
(i am hoping for sources that are not shortnews blackslisted or RON PAUL or Federal Reserve, i'm hoping for independent
source)
 
  by: sour4d20     07/28/2009 12:18 AM     
  @DoubleTake  
 
ROFL.
Perfect analogy.
 
  by: Vhan     07/28/2009 06:00 AM     
  Too Fail  
 
Is that like Epic Fail? XD
 
  by: TabbyCool     07/28/2009 02:39 PM     
  @tabby  
 
Actually, yes in alaska we use "too" for huge or extremely large situations
 
  by: sour4d20     07/28/2009 09:38 PM     
  @sour4d20  
 
Are you serious? Must be the new grammar they taught under Palin.
 
  by: Paradoxical Reason   07/29/2009 02:23 AM     
  @previous  
 
so true. I don't see how people liked her dumb ass.
 
  by: sour4d20     07/29/2009 07:01 AM     
 
 
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