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 ...
gee, what a surprise. I’m shocked, didn’t see this coming! /s
BUSH'S APPOINTMENT SUCK!
Say it again, louder! Bush's "New Tone" policy where he reached out to Democrats and included them in his administration just proves that he's "Tone Deaf". It's his greatest policy error, IMHO.
“Bush’s appointments suck!’’
Are they all being bought out from under the table by poweful moneymen and Obama backers?
1/2 million bucks will reign in party loyalty of being a Patriot most of the time for a good may of the greedy folk at the top positions of power.
Bernanke is just another RINO.
The Dims love him.
TUESDAY, OCTOBER 25, 2005
“Senator Charles Schumer, Democrat of New York, said: “We need a careful, nonideological person who understands that the Federal Reserve’s main job is to fight inflation and Ben Bernanke seems to fit that bill.”
http://www.iht.com/articles/2005/10/24/business/fed.php
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