When asked whether people should refinance their home mortgages under current economic conditions, Federal Reserve Chairman, Ben Bernanke, declined to answer. He said that he’s not a qualified financial adviser.

Pharmer agrees.

More Transparency – Bernanke Hid Fed Support of Foreign Banks

April 1, 2011 ~ Pharmer

Foreign Banks Tapped Fed’s Secret Lifeline Most at Crisis Peak – Bloomberg.

Seems that the Fed handed out more loans through its discount window to foreign banks during the peak of the “crisis” than we had been told. ^ Read up! ^

Tag: Bernanke

Bernanke says he is ‘not qualified’ to advise on refinancing.

More Transparency – Bernanke Hid Fed Support of Foreign Banks