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Bernanke Endorses Obama
WSJ ^
| 10/21/2008
| Wall Street Journal
Posted on 10/20/2008 8:35:10 PM PDT by Alter Kaker
Ben Bernanke apparently wants four more years as Federal Reserve Chairman. At least that's a reasonable conclusion after Mr. Bernanke all but submitted his job application to Barack Obama yesterday by endorsing the Democratic version of fiscal "stimulus."
While the Fed chief said any stimulus should be "well targeted," even a general endorsement amounts to a political green light. Mr. Bernanke certainly knows that Mr. Obama and Democrats on Capitol Hill are talking about some $300 billion in new "stimulus" spending, while President Bush and Republicans are resisting. And by saying any help should "limit longer-term effects" on the federal deficit, he had to know he was reinforcing Democratic opposition to permanent tax cuts.
(Excerpt) Read more at online.wsj.com ...
TOPICS: Editorial; Front Page News; News/Current Events
KEYWORDS: 2008; bernanke; economy; endorsement; fed; leftwingconspiracy; obama
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To: Alter Kaker
2
posted on
10/20/2008 8:35:52 PM PDT
by
ken21
(people die and you never hear from them again.)
To: Alter Kaker
He just performed a fiscal Lewinsky on him.
3
posted on
10/20/2008 8:36:55 PM PDT
by
doug from upland
(8 million views of .HILLARY! UNCENSORED - put some ice on it, witch)
To: Alter Kaker
Ah, that explains the OCTOBER SURPRISE!!!
4
posted on
10/20/2008 8:37:29 PM PDT
by
ChinaGotTheGoodsOnClinton
(To those who believe the world was safer with Saddam, get treatment for that!)
To: Alter Kaker
Ah, that explains the OCTOBER SURPRISE!!!
5
posted on
10/20/2008 8:37:32 PM PDT
by
ChinaGotTheGoodsOnClinton
(To those who believe the world was safer with Saddam, get treatment for that!)
To: Alter Kaker
Ah, that explains the OCTOBER SURPRISE!!!
6
posted on
10/20/2008 8:37:35 PM PDT
by
ChinaGotTheGoodsOnClinton
(To those who believe the world was safer with Saddam, get treatment for that!)
To: ChinaGotTheGoodsOnClinton
7
posted on
10/20/2008 8:39:17 PM PDT
by
doc1019
(Obama IS running against Palin)
To: doug from upland
LOL!! Yes!
...And bent the rest of us over and didn't even ask for a kiss.
8
posted on
10/20/2008 8:39:21 PM PDT
by
T Lady
(Palin-Jindal 2012)
To: Alter Kaker
Back when he was first starting out at the Fed, Bernanke made a remark about his concerns over “wealth distribution,” that was rather similar to Obama’s ill-fated blurt. This is no surprise.
To: Alter Kaker
Anyone who believes that this “financial crisis” wasn’t orchestrated by the global Communist and Socialist organizations hasn’t been paying attention. DUmmies. This “depression” was designed to get “That One” into the Oval Office.
10
posted on
10/20/2008 8:40:25 PM PDT
by
FlingWingFlyer
("I'm just going to spread YOUR wealth around." - Barack HUSSEIN Obama a.k.a. Barry Soetoro)
To: Alter Kaker
This is unprecedented and unethical - the fix, literally, is in. This raises the specter that the markets were manipulated for politically.
To: Alter Kaker
This is unprecedented and unethical - the fix, literally, is in. This raises the specter that the markets were manipulated for political purposes.
To: Alter Kaker
The Chairman of the Fed should not be endorsing anyone. That being said, I really don't think this will help Obama. Bush's Fed Guy is endorsing 0bama. The subprime meltdown occurred on Bernake's watch.
13
posted on
10/20/2008 8:40:55 PM PDT
by
vamoose
To: Alter Kaker
Look for Greenspan and Paulson to join them soon.
14
posted on
10/20/2008 8:41:08 PM PDT
by
pissant
(THE Conservative party: www.falconparty.com)
To: ken21
The Republic is bleeding... what is the line in the sand?
15
posted on
10/20/2008 8:42:27 PM PDT
by
Pantera
To: Alter Kaker
That is like being endorsed by the Black Death.
16
posted on
10/20/2008 8:42:59 PM PDT
by
trumandogz
(The Democrats are driving us to Socialism at 100 MPH -The GOP is driving us to Socialism at 97.5 MPH)
To: dandelion
Indeed, this is unheard of.
Everything was unheard of until the Chicago Machine put Obama on the track.
17
posted on
10/20/2008 8:43:02 PM PDT
by
txhurl
(holy cow - WE ARE OUT OF TIME - Sarah just got my EV)
To: vamoose
Bush was against the House plan and sided with Obama/Paulson/RATs in that meeting.
Bush’s appointments SUCK!
18
posted on
10/20/2008 8:44:10 PM PDT
by
PhiKapMom
( BOOMER SOONER -- VOTE FOR McCAIN/PALIN2008! LetsGetThisRight.com)
To: rabscuttle385; bamahead
19
posted on
10/20/2008 8:44:54 PM PDT
by
murphE
("It is terrible to contemplate how few politicians are hanged." - GK Chesterton)
To: Pantera
i do not know.
i was one fooled by alan greenspan.
now, i’m very disappointed in ben bernanke.
he was chosen, we were told, because he wrote his ph.d and specialized in the great depression.
none of that seems relevant now.
20
posted on
10/20/2008 8:45:24 PM PDT
by
ken21
(people die and you never hear from them again.)
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