Ben Bernanke: 2008 financial crisis not like 'The Big Short' film

Ben Bernanke speaks during the Economic Club of Grand Rapids' 29th Annual Dinner at DeVos Place in downtown Grand Rapids Tuesday, May 31, 2016. Bernanke served two terms as chairman of the Federal Reserve from 2006 to 2014. (Cory Morse | MLive.

[@jakemiller7682]

so the banks and the investors created the financial crisis of 2008 but it was the common people that lost everything and were blamed for it. The banks and big corporations got bailouts while poor people lost their shirts. What was the federal reserve created for?

[@TomBerishaj]

TARP was paid back with interest. The taxpayer made a profit.

[@toranderson8141]

@@TomBerishaj How?

[@edelquinn3265]

Absolutely

[@jakemiller7682]

@@TomBerishaj Tor Anderson asked you a question. I think it's a good one.

[@purpleWizard0]

​@@toranderson8141how do you think loan works?

[@reduser3731]

This comment section gives me headaches lol

[@danielbahena984]

I like how the middle-aged dads in this comment section think they're smarter than the former chair of the Federal Reserve who led the United States through one of the worst economic crises in it's history.

[@asimirfan623]

Everyone is smarter than this idiot. He didnt lead anything. The Fed reacted to their buddies fucking up.

[@inviz1769]

By creating another one

[@bigbluedevil1892]

Bernanke should be held criminally liable for the moves that he has made. The fact that he is the former chair of the federal reserve is not indicative of whether or not he knows what he’s doing. He is an excellent example of the Peter principle. He should never have been in the position he was in. the fact that all of these bankers and all of these government officials walked away from this debacle with millions of dollars in their pockets should be the indication that they are criminal.

[@purpleWizard0]

​@@bigbluedevil1892you should take Qanon 👑

[@user-ih6cj5ep6w]

It’s not a matter of intelligence but of ethics. One doesn’t have to be overly smart or overly educated to know when a ruling class is robbing you blind of your retirement, you f’in fool.