I'm sure that Ben Bernanke is working as hard as he can to try to pull the economy out of the recession. However praiseworthy this effort is, it is important to remember that we are largely in this mess because of the earlier failings of Bernanke and his colleagues on the Federal Reserve Board.
If they had acted in 2002, 2003, or even 2005 to stem the growth of the housing bubble, instead of publicly insisting that no bubble existed and applauding the strength in the housing market, the downturn would not have been anywhere near this severe. Tens of millions of victims of Mr. Bernanke's mistake have lost their life's savings and/or their jobs. It would be appropriate for reporters to keep these facts in mind when reporting on Mr. Bernanke's job performance.
A second Trump administration will cement a right-wing majority on the Supreme Court for a generation, and put our collective future in the hands of someone who will be virtually unchecked by our institutions. The country has shifted rightward, and the reverberations will ensue for potentially the next few decades. In this climate, a robust independent media ecosystem will be more important than ever. We're committed to bringing you the latest news on how Trump's agenda will actually affect the American people, shining a light on the stories corporate media overlooks and keeping the public informed about how power really works in this country.
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