--2 Other Forms of Congress: The Latest From Udall & Bingaman
       
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Other Forms of Congress: The Latest From Udall & Bingaman

January 27, 2010, 12:00 am
By Corey Pein
SFR made a shocking discovery at lunchtime: There is life outside the Roundhouse!

New Mexico's newest US Senator, Tom Udall, was on the Rachel Maddow show last night talking about his anti-filibuster proposal. Watch:


Visit msnbc.com for breaking news, world news, and news about the economy


Separately, Udall's senior Democratic colleague in the Senate, Jeff Bingaman, explained his support for the controversial reappointment of Ben Bernanke as Chairman of the Federal Reserve.
I rise to offer my strong support for his reconfirmation. With the benefit of hindsight, it now seems the Fed might have done more to prevent the economic downturn. Some have pointed to financial institution bailouts and have argued that the Fed should not have provided financial support or guarantees to vulnerable financial institutions. Some have argued that the Fed's support should have been structured differently. Historians, with 20/20 hindsight, will be able to argue those issues for years to come. But hindsight also tells us that without the bold and aggressive actions Chairman Bernanke in fact took, the outcome of this economic downturn could have been considerably worse. I can imagine no Fed Chairman since the Great Depression who has faced such...

The last word is missing from this transcript. SFR can only suppose he must've said "such a total shitstorm."

 

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