Bernanke doesn’t like bank bailouts, now

http://www.businessweek.com/news/2010-03-20/bernanke-says-bailouts-of-banks-unconscionable-update1-.html

March 20 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke said government bailouts of large financial firms are “unconscionable” and must be ended as part of a regulatory overhaul following the worst financial crisis since the 1930s.

“It is unconscionable that the fate of the world economy should be so closely tied to the fortunes of a relatively small number of giant financial firms,” Bernanke said today in a speech in Orlando, Florida. “If we achieve nothing else in the wake of the crisis, we must ensure that we never again face such a situation.”

The whole purpose of the Federal Reserve’s existence is to enable a small number of giant financial firms to control the world economy. This man is evil.