Sarah Palin for the Fed?

New York Sun ^ | April 24, 2011

[Al B.]

The big question as Chairman Bernanke gets set for his first quarterly press conference is how Sarah Palin was able to figure out sooner than everyone else that the Federal Reserve’s campaign of quantitative easing wouldn’t work. Disappointment in the Fed’s policies is being reported this morning at the top of page one of the New York Times. It reports that “most Americans are not feeling the difference” from the Fed’s “experimental effort to spur a recovery by purchasing vast quantities of federal debt.” It reports that “a broad range of economists say that the disappointing results show the limits of the central bank’s ability to lift the nation from its economic malaise.”

It’s a terrific story, and well-timed, given that on Wednesday Mr. Bernanke will break tradition and meet with the press. It is part of the Fed’s effort to get ahead of what is emerging as a public relations catastrophe, as gasoline is nearing six dollars a gallon at some pumps, the cost of groceries is skyrocketing, and the value of the dollars that Mr. Bernanke’s institution issues as Federal Reserve notes has collapsed to less than a 1,500th of an ounce of gold. Unemployment is still high. Shakespeare couldn’t come up with a better plot. But how in the world did Mrs. Palin, who is supposed to be so thick, manage to figure all this out so far ahead of the New York Times and all the economists it talked to?

She did this back in November in a speech at Phoenix, which the Wall Street Journal, in a laudatory editorial at the time, characterized as zeroing in on the connection between a weak dollar and rising prices for oil and food.

[C. Edmund Wright]

This would be a waste of Palin. She’s more influential doing what she’s doing now. And FTR, many folks have known the problems with Bernanke’s easy dollar policy for years.

How about Kudlow for the Fed? He’s a “king dollar” guy and says every night on his show that “free market capitalism is the best path to prosperity.”

[free me]

Great article!

Here is the link directly to the article at the NY Sun:

http://www.nysun.com/editorials/sarah-palin-for-the-fed/87317/

We will never the LSM mention this of course.

[Palter]

Sarah Palin for the Fed?

[apoliticalone]

I’d put someone like Simon Johnson who clearly understands that the Fed and Wall street are colluding, not for America’s interests, but for their own while they are using and reducing the wherewithal of every American taxpayer in the process. The system continues to be gamed for their benefit not ours.

http://baselinescenario.com/2010/04/17/pecora-moment/

[Cringing Negativism Network]

To Kudlow:

“Buy American”.

[RichInOC]

The Fed? Really? Some people are so desperate to get her out of the running that it’s just getting absurd. Why not Surgeon General?

[Al B.]

Sorry, I put the wrong link in there, and I had the Sun article right in front of me. Maybe the mods will correct it.

Once again, the correct Link:

http://www.nysun.com/editorials/sarah-palin-for-the-fed/87317/

[free me]

Well they don’t really want her for the Fed. They are just vindicating her and demonstrating what an ass Bernake is.

[Minus_The_Bear]

1. Palin has been good about mentioning price inflation of food and everyday items. This is something that is hurting every American.

2. We don't need her or anybody else to be in control of the Fed... we need to slowly phase it out. Watch this YouTube interview with Thomas Sowell.

[RichInOC]

Okay, the actual editorial doesn’t actually say that. But whoever wrote that headline…leave the jokes to me. I’m funny. You’re just silly.

[free me]

No need to be sorry! I think people should read the c4p article anyway as it has more of the background including links.

I just know there are many freepers who prefer to bypass the BLOGS and go right to the article.

[unseen1]

seems that compared to the rest of the world the avg american citizen is much better off. A rising tide lifts all boats.

[spokeshave]

Why not Surgeon General?

Anyone that can field dress a Moose in arctic conditions with a bayonet is a shoe in for SG.

[Scanian]

How did she know?

Must’ve been talking to Ron Paul.

[TWhiteBear]

This article again demonstrates the brilliance of Ronald Reagan when he said that there are simple answers to our political problems but they are not easy answers.
I am getting my SP2012 signs out.
TWB

[WVKayaker]

... seems that compared to the rest of the world the avg american citizen is much better off

What time/space warp are you living in? The "avg American citizen" is too busy either trying to make a dollar buy his gas to go to work, or living off the largess of the Socialists. When 48% of Americans don't contribute to the national piggy bank, we are left with political policy as vote buying for their support.

You see nothing. As usual, you rise in support of the gum't. and ignore the looming crisis in our country. You're unseen because you belong to the left side of the argument most of the time, and they generally like to speak anonymously.

That "rising tide" is about to come over the gunnels! The average Brazilian or Muzzie may be better off thanks to YOUR current pResident Zero, but in this country, we have some unemployed living on tree bark (or the like)!

What happens when they can't print enough food stamps, and the trucks are idle because the "independent truckers" (which are most truckers) can't afford the fuel to deliver the goods. Safeway won't be very safe when the shelves are empty and the prices are beyond the ability to buy!

[TStro]

Tell that to the 17+% that are unemployed or underemployed. Inflation is just beginning to rear its ugly head. An it is going to be a terrible spiral. Keep your powder dry.

[FrankR]

[SAJ]

And then Todd could become Sturgeon General. A perfect complement.

;^)