Courtesy of Mish.
Within hours of Ben Bernanke launching his blog at the Brookings Institute I commented Ben Bernanke, Confused as Ever, Starts His Own Blog to Prove It.
By that time, a few hundred comments to his blog had already been approved. I made two comments of my own.
I asked Bernanke about Fed-sponsored bubbles, inflation as measured by the CPI while ignoring assets especially in housing (see charts in the above link), and whether or not the Fed had any culpability for that had happened.
I was 99% sure in advance my questions and comments would be deleted. They were twice.
Instead of posting serious comments and questions, the Brookings institute fawned all over Bernanke by posting numerous glowing appraisals, thanks, and other trivia.
Purpose of Bernanke’s Blog
The sole purpose of Bernanke’s blog, and the Brookings Institute is shamefully willing to go along with it, is to vindicate Ben Bernanke and the Fed from their role in the housing bubble.
Others have chimed in on Bernanke’s post and have had their comments and questions deleted as well.
Since the Brookings Institute is willing to degrade itself to such a level, I thought I would post a reply to Bernanke’s Blog that I found noteworthy.
Ben Bernanke’s Apologia for the Fed
I invite you to read Ben Bernanke’s Apologia for the Fed by Pater Tenebrarum at the Acting Man blog.
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