Could it be that Ben Bernake is a block to making the bailout spending Bush and Obama gave him ineffective? Being a follower of Chicago economics (nothing really to do with the city itself, or Obama) he would want to limit government intervention as much as possible in order to prevent a second great depression, which due to the governments authorization of the funds would be a real possibility if the trillions in the FED are wasted or simply invented without a real source.
http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021108/default.htm
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The authoritative answer
It is interesting. Tell to me, please - where I can read about it?
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