Tag: oops

Congress: “We have never heard language like this”

Congressional Leaders Stunned by Warnings writes David M. Herszenhorn in the New York Times yesterday.

Or, as Chuck Schumer, Senator from New York State, put it, “When you listened to him (Fed chairman Ben Bernanke) describe it you gulped…History was sort of hanging over it, like this was a moment.

Ya think, Senator. Yeah. Like this is a moment.