Federal Reserve Chairman Ben Bernanke is urging Congress and the Obama administration to start plotting a strategy to curb record-high U.S. budget deficits. Failing to do so could eventually erode investor confidence and endanger the economy's prospects for long-term health, he said. Bernanke's comments, before the House Budget Committee on Wednesday, come as concerns grow at home and overseas about the United States' mounting red ink. More Here ______________________________________________ Most likely a reaction to the Chinese laughing in the face of the coattail rider and turbo tax cheat while they tried to give the laughable speech that their investment in this country was safe. In stead of flying to the other side of the world to get laughed at they could have just stayed home.