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"Bernanke says crisis 'no comparison' to Great Depression"

Neither Bernanke, Paulson, Bush or any of the other folks around there have been right yet. One wonders how they can keep right on blithering away? Do they expect anyone to believe them any more?

"Federal Reserve chairman Ben Bernanke said Monday the current economic situation bears "no comparison" to the much deeper crisis of the 1930s Great Depression.
"Well, you hear a lot of loose talk, but let me just ... say, as a scholar of the Great Depression -- and I've written books about the Depression and been very interested in this since I was in graduate school, there's no comparison," Bernanke said in a question period after an address in Austin, Texas.

"Bernanke cited "an order-of-magnitude difference" in the current situation compared to the 1930s."

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