What can you say about Ben Bernanke other than the headline above?
On one hand, he says, "The recession is very likely over at this point." On the other hand, he says, unemployment "will be slow to come down...It will come down, but it will take some time." Only a fool could look at rising unemployment rates and think everything is getting better.
If ever there was an argument for disbanding the Federal Reserve and moving to a gold standard, Bernanke is it.