This is from the Daily Kos - HERE
Vote down Bernanke, the world ends
by kos
Share this on Twitter - Vote down Bernanke, the world ends Mon Jan 25, 2010 at 08:30:03 AM PST
That's apparently the message from the Associated Press' "economics writer".
A defeat of Federal Reserve Chairman Ben Bernanke's quest for another four-year term could raise the risk of a "double dip" recession if political jousting over a successor were to drag on for months, economists warn.
Wow, that's what economists say? Like who?
Lynn Reaser, chief economist for the National Association for Business Economics, is among them.
Okay, that's one. Who else?
Um, that's it. Great journalism, AP!
The piece quotes another economist, but that one is whining about the Senate's role in confirming Bernanke for another term.
"Do we get to the point where instead of having an independent Fed chairman who keeps his hand on the wheel and does what is right for the economy, we have a Fed chairman spinning the wheel at the behest of Congress?" says Peter Morici, an economist at the University of Maryland.
Mercy me! Who knew that once George Bush nominated Bernanke, we'd be stuck with him forever and ever, even though he was asleep at the wheel when the economy imploded and is more concerned about keeping inflation down than trying to get unemployment down below 10 percent! That would mess with his "independence"!
The Bush Administration already made a mistake with Bernanke, and the Obama Administration appears desperate to follow suit. In fact, it would've been nice to see Obama fight for real health care reform with the energy and
But when the White House is incapable of finding a Fed chief interested in Main Street, rather than his pals over at Morgan Stanley, then it's the job of Congress to show that it is still awake and engaged co-equal branch of government.
And it's time to stop pretending that anything but a Bernanke re-confirmation will somehow lead to economic armageddon. Such fear campaigns were the staple during the Bush years. I have little appetite to see the Obama team follow that same ridiculous path.
Obama already reinstated Bernanke once and it is now well past time that Obama takes full responsibility for his job.
ReplyDeleteEvery single president inherits the last ones garbage. I have never heard a president in history not be accountable for their term, as Obama is continually. Even when you look at such extreme cases in example Ronald Reagan inheriting Carters economic mess which was far greater than today's. And he turned the economy around almost immediately from LOWERING taxes and NO BAILOUTS.
Hey bitch, like I give a shit. Whatever happened to your constant bitching about neo-nutzis? Now that Hal and Bill are on ICE you have nothing to lie for?
ReplyDeleteYa cut out the crap and talk about the freaks. I don't give a shit about your political views!
ReplyDeleteNikki,
ReplyDeleteThe NSM is back in the news again. And once again, an Adopt a Highway story.
link
Yeah, Harry I saw that and forwarded it to some people who have a few things up their sleeves for the Colorado crew. ;)
ReplyDeleteNikki,
ReplyDeleteThe sign will get vandalized within days and I believe the NSM would have to pay to get it back up. But the NSM did exactly what they wanted, got cheap publicity in the newspaper.
And just what are some of those "things", Nikki? Are they going to dump trash on the highway on Jan. 30 just to prove a point? Wouldn't that be great publicity for antifa - dumping trash on the highway.
ReplyDeleteAnd if the antifa want to mix it up with the NSM, rest assured the NSM will be pleased to accommodate them. We're not talking about a bunch of Jared Taylor-type "valuable intellectual properties" here; we're talking about working men and working women who've thrown a few punches and kicks in self-defense from time to time. The NSM cleaned the Brown Berets' clocks in Riverside recently.
God bless the NSM!
All the ANTIFA need to do is show up at Jeff Schoep's home address in eastpointe, you know off chesterfield. Schoep is a whinny coward and he would run into the basement and cry link a little bitch.
ReplyDeleteAs usual Hooch is full of shit. Bush and the GOP's degregulation of Fanny Mae and Freddy Mac(see John McCain who spearheaded that) almost caused another Great Depression (GOP and Hoover). You need to pull your head out of your fat ass and face facts.
ReplyDeleteHaving had sex numerous times with Jeff Schoep and having invited him to be Bar Mitzvah I can say for sure he is a good guy. Jeff, Drake, and myself had hot sex in the Drake bunker until Chris's Mom made him take out the trash.
ReplyDelete"""Dumb4Life said...As usual Hooch is full of shit. Bush and the GOP's degregulation of Fanny Mae and Freddy Mac(see John McCain who spearheaded that) almost caused another Great Depression (GOP and Hoover). You need to pull your head out of your fat ass and face facts."""
ReplyDeleteOhhh reeeaaaaalllllyyyy, so it is me who is full of shit. We'll let everyone watch this video and decide on their own if it is me that is full of shit or you.
http://www.youtube.com/watch?v=_MGT_cSi7Rs
Now shut your mouth and speak when spoken to bitch boy.
"""Nikki said...Yeah, Harry I saw that and forwarded it to some people who have a few things up their sleeves for the Colorado crew. ;)"""
I'm sure you are not talking about some form of illegal activity like dumping trash or vandalism.
A group of people that you don't like tries to do something good for the environment and you mess it up. Very childish to stoop to that level. Who gives a shit if they have a sign that says they clean up the road. You children need to start acting your age.
Nikki, this statement you made is very surprising. You're normally a pretty level headed but misguided girl. It's not typical for you to stoop to a Delorian or little boa style of childs-play. You must be having an off day or something.