Bernanke: Total Lack of Creditability

I wonder how he gets to keep his job. Over and over again from 2005 to 2007, he stated that the economy was on sound footings, and the Fed had the all those sub-prime mortgages contained.  That is, no real estate contagion would occur!  Now in 2013, Bernanke declares to an audience with dealers and investors the following: "Concerns that the central bank’s easy monetary policy has spawned economically-risky asset bubbles is over stated." In other words, he simply brushed off any concern that the Fed has once again engineered a likely asset bubble in debt securities and student loans.

For further enlightenment to Bernanke's total lack of any creditability going forward, review the following video: