The Fed Is Responsible for 10.2 Percent Unemployment in the Same Way That Al Queda Was Responsible for September 11th

The reason for repeating the obvious is that David Ignatius in the Washington Post is trying to rewrite history on this topic. He belittles people who hold the Fed responsible for the economic downturn:

"With unemployment above 10 percent, the public is angry about last year's financial crunch -- and looking for people to blame. The Fed is just elitist enough, and Bernanke is just enough of a professorial egghead, to make them targets for popular anger."