Logic!

1/24/2010

Sen. Shelby on Bernanke:

“I asked Chairman Bernanke how much time his board of governors spent on regulatory affairs: Was it 1 percent, 2 percent, 10 percent? And he never gave us even an answer. It was 1 percent. So I'm not going to support the Fed chairman.”

OK, I’ll bite. If he never gave you an answer, how do you know it was 1 percent?

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