The Chairman of the Federal Reserve, Ben Bernanke, gave a speech today at the the Annual Meeting of the Southern Legislative Conference of the Council of State Governments. The topic: Challenges for the Economy and State Governments
Below is an outline using excerpts from his speech. We've been grinding this ax for the last year or so and think it is an important perspective to keep in mind.
Read Story here http://www.mortgagenewsdaily.com/08022010_educate_america.asp
Read the Speech here http://www.federalreserve.gov/newsevents/speech/bernanke20100802a.htm
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