Niall Ferguson And Bill Maher Discuss Bernanke, HR 1207 & The Fed
Aug 3, 2009 at 12:51 AM
DailyBail in bailouts, bernanke, bill maher, comedy, comedy video, federal reserve, federal reserve investigation, niall ferguson, ron paul, the fed, wall street

Niall Ferguson and Rachel Maddow on Real Time Friday night with Bill Maher.  After the 9/11 Truthers were kicked out of the audience they returned to discussing the economy.  Maher brought up Ron Paul and HR 1207, as well as Eliot Spitzer's recent comments that the Federal Reserve is a Ponzi scheme. 

Ferguson immediately sprang to Bernanke's defense and somehow overlooked the abysmal failure of the Fed's regulatory oversight.  You don't give the pilot another jet to fly after he just had the most horrendous crash in the history of the world.

And as I've written before, none of us will be well-served with Congress involved in monetary policy.  I don't agree with that portion of the bill and can only imagine it was included in order to be dropped later as a part of negotiations.  It's a pretty decent discussion.

Watch

 

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