I liked her as a professor, I liked her as a Washington trouble maker and now I love her as a candidate for the Senate……the only thing I do not like is…….I cannot vote for her….I live in another state…….
Watch the video and tell me she is not the absolute best person for the Senate…… http://bit.ly/oKZISU
Now tell me this not the absolute best person for Washington! I love this woman!
The Fed has been doing little things to try and keep the economy from bottoming out….like keeping interests rate near zero…thus making money more available to the innovators….but so far few have taken the bait…..but once a month there is all kinds of stories about what the Fed chair, Bernanke, is going to do to help the economy….
But there has been a turn of events…..it seems that some in Congress have taken it upon themselves to write a letter to Bernanke……
“[W]e submit that the board should resist further extraordinary intervention in the U.S. economy, particularly without a clear articulation of the goals of such a policy, direction for success, ample data proving a case for economic action and quantifiable benefits to the American people,” the Republicans write.Sens. Mitch McConnell (R-KY) and Jon Kyl (R-AZ), and House Speaker John Boehner (R-OH) and Majority Leader Eric Cantor (R-VA), ostentatiously cautioned Bernanke against providing the economy any further monetary stimulus.
Can Repubs be any more transparent?
Cool letter….but……According to the Board of Governors, the Federal Reserve is independent within government in that “its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government.”
However the Fed is subject to congressional oversight but not interference.
But the letter seems to warn the Fed from doing anything that may help the economy…now is it a desire to try and use it as a political tool? Or are they truly worried about something? Personally. I think it is a pathetic attempt to keep the economy in the toilet for as long as possible.
Remember the days of the Cold War, when the USSR would change leadership there would be a huge purge of those that were in bed with the previous premier? Stalin did it…..Krushev did it…..on and on……they would purge these people because they did not fit into the grand plan……..but all that stuff just has the smell of what is happening in the US Congress…..NO! I am NOT calling these people communists! Only that there are similarities on the events occurring now…..
I will bet that you, my reader, is scratching your head and wondering just what the Hell I am going on about, huh?
The other day, the #3 GOP leader, Sen. Lamar Alexander of Tennessee is resigning as the head of the Republican conference in his resignation he said…..”Stepping down from the Republican leadership will liberate me to spend more time trying to work toward results on the issues I care the most about,” he said.
Sounds good and promising….but personally, I think he was purged because he is a moderate Repub in a sea of extreme conservs……in a Senate where compromise is a dirty word….a senator like Alexander is an unwanted person in a leadership capacity….he may want to put smiley face on his resignation….but the truth is he was PURGED!
And no matter how much a smiley face or some noble BS…the truth is that he is a moderate and in such is NOT capable of passing the purity test….and they cannot have a moderate in a position of leadership….I say again….HE WAS PURGED!