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Nothing says "change" like getting a buttload of endorsements from Bush appointees and members of the Bush Cabinent than McCain.
http://online.wsj.com/article/SB122455027730552509.html
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."
APBen Bernanke.
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.
Mr. Bernanke could have begged off -- and would have been wiser to do so -- given how much the Fed has already made itself a political lightning rod with its many Wall Street interventions. He might also have thought twice about endorsing one party's policy preferences a mere two weeks before Election Day given his obligation to preserve the Fed's independence. We can remember when tougher Fed chairmen used to refrain from adjusting interest rates close to an election for fear of seeming to be political; they would never have dreamed of meddling in campaign tax and spending debates.
Perhaps Mr. Bernanke's blunderbuss political intrusion will win him more Democrat friends, and maybe even Mr. Obama's goodwill. To the rest of the world, he has harmed the Fed and made himself less credible.
Nothing says "change" like getting a buttload of endorsements from Bush appointees and members of the Bush Cabinent than McCain.
Should there be a "more" in there?Nothing says "change" like getting a buttload of endorsements from Bush appointees and members of the Bush Cabinent than McCain.
If he really likes Obama, then he must be pretty clueless to think that endorsing him now will be helpful.
Who is whottt's appointee for the Fed?
Prof. Scola.
Luis Scola.
Bernanke endorsed Obama only because of race. He put his race ahead of his country and the party that made him. As evidence of this, consider whether Bernanke would have endorsed Clinton or Edwards if they were the nominee. He's a traitor and a coward.
Dave Ramsey?
Nothing says FAIL like getting no endorsements at all...Nothing says "change" like getting a buttload of endorsements from Bush appointees and members of the Bush Cabinent than McCain.
Bad le and a bad article. The Fed Chair has not endorsed any candidate. The article is making a stupid inference based on the fact that Bernanke is supporting one of Obama's policies.
this endorsement is about as useless and unworthy as powell's. i'd say appoint ron paul as the fed chairman.
I'll appoint my penis to Palin.
What do you think the chances are, as far as congressional approval? has your penis been fully vetted?!
viva is in pain.
i just see it as two dudes that need a namesake life raft thrown to them and they're going with the one they see as being the sure thing. even the article stated that for one of them.
Holy goddamn , you people are ing stupid.
Bernanke has not endorsed any presidential candidate.
Sorry for the swearing. It was only intended to get your attention.
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