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Bernanke Unplugged! - The Heartland Tour, Kansas City

(July 26, 2009) – In an unprecedented move by any Federal Reserve Chairman, Ben Shalom Bernanke flew to Kansas City, Missouri, and took questions from ordinary (vetted and pre-screened?), struggling Americans at a town-hall style forum, moderated by PBS NewsHour anchor Jim Lehrer.
longdesays...

This is the best sift of the week, in my opinion. Whether or not you agree with his explanations, I give the chairman credit to stand in front of his constituents, and deliver answers in plainspoken english.

NetRunnersays...

*nochannel
*news
*politics
*money
*talks
*controversey

For it to be in fail, Bernanke would have had to have done something horrifyingly embarrassing, like accidentally light himself on fire while trying to answer the question.

I don't think mere pandering and spin quite qualifies it for lies. We usually reserve lies for blatant falsehoods (Palin was against the bridge to nowhere, CO2 is harmless because it's natural, John Yoo stood up for human rights, etc.).

I don't know that Bernanke was all that mad about this, but I find it plausible that he came to the conclusion that it was necessary, and even plausible that this is contrary to his ideological leanings.

EndAllsays...

Ah, sorry.. not quite as anal as some about channel assignments, though I agree on technical terms with the reassignments you've made. I think he's definitely talking out of his ass here, telling these poor folks whatever they want/need to here. Of course it's not his fault, it had to be done.. etc.

I'll wait a couple months to put it back in the lies channel.

NetRunnersays...

I guess my point is that we at least try not to just slap the lies channel on everything we personally disagree with. During the election there was quite a run of people slapping the lies channel on any clip where people said something they disputed (regretfully, I was guilty of that too from time to time).

I don't think this clip qualifies, even if 30 years from now the consensus decision of history is that Bernanke was a crook who bailed out the banks to enrich his friends, and the economists universally agree that no bank should have been bailed out.

Maybe if this had been some big policy speech that changed the nature of the debate on a false premise (a la Bush's 16 words), but this is a snoozer where there's a chance that a political leader is bending the truth to deny culpability for a problem, or overstate the purity of their motives.

If that's the standard, we may as well mass-change all politics videos to include the lies channel.

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