“When businesspeople and senior executives do a bad job they are -eventually at any rate- thrown out on their ear.  As Fed Governor, Ben Bernanke convinced his colleagues to pump up an inflationary bubble to avoid a crisis; as U.S housing secretary Andrew Cuomo did all he could to foist mortgages on people who could not afford them. When the bubble burst Bernanke and Cuomo had all moved on to other positions and were given even more power so they could save us from the chaos they themselves helped bring about.  After government authorities had helped create the worst financial crisis in generations, the climate of ideas has now shifted dramatically in the direction of bigger and more active government.”

From “Financial Fiasco” by Johan Norberg