Topic: Jim Bunning

Senator Jim Bunning delivered a 13-minute critique of Ben Bernanke during a confirmation hearing, accusing him of failing to spot the housing bubble and turning the Fed into an arm of the Treasury. The hosts note that mainstream media outlets ignored the substance of the speech, focusing only on Bunning's accidental reference to Bernanke as "Greenspan."

Senator Jim Bunning presents a comprehensive indictment of Ben Bernanke's chairmanship, citing the continuation of Alan Greenspan's "easy money" policies and the illegal purchase of mortgage securities. Bunning details the failures of bank supervision, the lack of transparency regarding toxic assets, and the "moral hazard" created by bailing out large financial institutions at the expense of ordinary Americans.