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#18 |
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Avalon Senior Member
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
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Tango, I'm Trooly
![]() Texas Straight Talk ~ A Weekly Column Congressman Ron Paul New Every Monday at http://www.house.gov/paul or phone 1-888-322-1414 for recorded message. NOW available in audio at: http://www.house.gov/paul August 31, 2009: "The Fed's Interesting Week" ![]() It has been an interesting week indeed for the Federal Reserve. Early this week, it was announced that President Obama intends to reappoint Fed Chairman Ben Bernanke to a second term in January, signaling a vote of confidence in him. Bernanke seems to be popular with the administration and with Wall Street, and with good reason. His lending policies have left big banks flush with newly created cash that covers up old mistakes and allows for new ones. By buying up mountains of Treasury debt he has also enabled spending to soar to ridiculous levels that should startle any … Continues: http://www.house.gov/htbin/blog_inc?...ngdetail.shtml Last edited by peaceandlove; 09-09-2009 at 06:22 AM. |
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