60 minutes on Sunday had a long interview with Ben Bernanke, Chairman of the Federal Reserve. I recommend that everyone watch to see his perspective on our present financial situation. Clicking here will take you to a website that should have his interview in a few days.
He has a unique perspective. I understand better what has been done by the Fed in the last year, and a little more optimistic about our economy's future. He actually seems to understand what is going on, and what needs to be done. The key phrase I took from the program was his comment that we need the political will to do the things that are necessary.
I won't make this political, as the blog is designed primarily for family law and related issues. I just think it is significant that he is the first Fed chairman to sit for an interview it its 100 year history. He felt people need to know what is happening, and what is being done and why, in order to feel more confident. I feel I have a better understanding having seen the show.
