Senators in both parties have made noises about refusing to confirm Federal Reserve Chairman Ben Bernanke to a second term. Sen. John Cornyn, R-Texas, thinks Bernanke should have seen the economic collapse coming and that the Fed needs a “fresh start.” But investment king Warren Buffett (in photo) thinks dumping Bernanke would be a bad move by senators, telling Fox Business Network: “They ought to get down on their knees every night and thank the Lord that Bernanke was there through this. I mean, he took some unprecedented actions. He took them quickly. He kept us from going right into the precipice. There’s no question in my mind about that.”
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