It appears the media is already taking its eye off the 2008 presidential election to focus on the 2010 Federal Reserve chairmanship appointment. The problem is that allowing politicians to choose the best Fed Chairman is as absurd as allowing the Fed Chairman to appoint generals in the armed forces.
What this country needs is a constitutional amendment allowing for direct election of the Fed Chairman. If I had a clear mandate from the people, perhaps I could really get things done in this economy rather than having to please a bunch of frat-boy bankers.
I’m analogous to John McCain, circa summer ‘07 — broke and looking hopeless. However, the tides are starting to turn, as even the NY Post has that figured out. With expectations so low, anything short of causing a great depression will leave me looking golden. My prediction: 20 more years of Ben Bernanke and a big fat book deal at the end of it.
john:
What are you doing. You keep cutting int. rates to help the stock mkt. What about us people with a few dollars in the bank. Now getting 2/12 per.why don't you stop the nonsence.You don't know what you are doing.
2/22/2008 3:59 PMJon:
I agree 100%. Bernanke needs to be ousted IMMEDIATELY. Complete moron. Economics 101 dictates that his decisions today are simply putting off the inevitable and sky high inflation and an unGodly weak dollar will soon be unavoidable with these ridiculously low rates. Welcome to the rule of government policy. . . do the right thing with your money and you're sure to be punished.
3/6/2008 4:43 PMJon Stewart:
As a fellow "Jon", I think we can both agree that all "Johns" are morons who think they can make themselves feel more powerful with a silent letter in their names. Boo-ya!
5/6/2008 2:05 PMEddie Owens:
Why should I pay (joe taxpayer) for the homes people can't afford? (Poor financial decisions) Quit feeding them fish (giving breaks) and start teaching them how to fish (find an affordable home - budget).
5/6/2008 1:45 PMBen Bernanke:
What if I give you guys some bread crust? Heeeere, taxpayers......heeeeeere taxpayers! That's it. Oh yes, you love that, don't you? Yes, have a little more. Yessssss. You're just too cute!
5/6/2008 2:03 PMYikes:
So how much money are you planning on letting me keep? I'm sure glad I've saved my ass off so the government can bail everyone out of the holes they've dug for themselves.
10/21/2008 5:03 PMSweet!!!! At least I get to keep on working past my expected working age cuz 1.3 trillion is a lot to pay back. And, hey, I don't ever get a stimulus check either. I get it in both ends!
Thanks for doing your jobs so damn well!!!!