Bernanke: "We're not completely in the dark."

Fed Chairman Ben Bernanke is testifying before the House Financial Services Committee today.

UPDATE: Here is the CNBC feed (opens in new window).

From Gregg Robb at MarketWatch: Bernanke tells Congress Fed knows what it is doing

"We're not making it up," Bernanke told the House Financial Services panel.

"We're working along a program that has been applied in various contexts," he said. "We're not completely in the dark."

I'm not making this up.