Good piece on Bernanke

BloombergBusinessweek (see here) has a good piece on Chairman Bernanke and the dilemma the Fed faces.  It also contains a nice graphic of the players at the Fed (see below).

The following quote from the piece is important:

"Economists on both sides of the political aisle largely agree that Bernanke was right to throw a lifeline to banks and the shadow banking system at a time of maximum peril."

Why our political leaders can't get together on the issue of Fiscal Policy is deeply frustrating.  Political positioning (Democrats and Republicans) and ideological foolishness (Republicans) are thwarting sound economic policies.