Stock markets would panic if they knew what Ben Bernanke and other leading figures in the Federal Reserve really said when their tongues are loosened by alcohol, John Mauldin, president of Millennium Wave Advisors, told CNBC Thursday. “If they really told us what they are talking about after three glasses of wine late at night, the markets would wet their pants and it would be all over,” Mauldin said. “There’s some things we don’t want to know.” Mauldin added: “This is the same Ben Bernanke that said the subprime risk will be contained. “Central bankers in the US aren’t central bankers, they become politicians.” ... (full story)