I think Bernanke may eventually have to resign over this. Talk about theatre of the absurd. I am really going to enjoy Ron Paul putting Bernanke through the meat grinder on a regular basis. The following from zerohedge.com today:

Ron Paul To Chair Monetary Policy Subcommittee

Submitted by Tyler Durden on 11/03/2010 13:09 -0500

Here is why an open-ended QE2 may be a very moot point: Slate reports that Ron Paul, Ben Bernanke's greatest nemesis, will chair the all important monetary policy subcommittee. In other words, Bernanke v Paul theater will soon be a weekly feature. Too bad Alan Grayson will be no longer present.

And now back to the popcorn.