Ben Bernanke held a press conference today. Doesn’t seem like much but for the Fed this was a pretty big deal. I rarely write diaries on here (I think I've only written one) since it usually takes me a long time and I rather soak in what others are saying. However, I'm going to try to make it a point to try to write more diaries and I started with this one because I've taken notice of Yglesias’s pointthat progressives and the Kos community should care more about the fed. Its policies have an enormous influence on the economy and since Congress has given up on the unemployed, the Fed is their only hope. Since I didn't see any diaries up on the Bernanke press conference today I figured I would get the ball rolling.
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