Nov 29, 2009 10:22am
Sanders: No on Bernanke
EmailForeign Policy magazine may have named Fed Chairman Ben Bernanke the top global thinker of 2009, but that's not good enough for Senator Bernie Sanders (I-VT) who told me on "This Week" that he “absolutely will not vote” in favor of confirming Bernanke to a second term.
Sen. Lindsey Graham said the Fed Chairman has done a “very good” job, but would like to see more accountability and transparency at the Fed.
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we absolutely MUST FIRE bennie as well as little tim! the conspiracy is just to great. AUDIT the FED! american people should be rioting in the streets as it currently stands. these folks have clearly demonstrated a clear contempt for the citizens of this couintry. IT MUST BE STOPPED!
Posted by: brea | November 29, 2009, 11:21 am 11:21 am
Alan Greenspan now says he and Bernanke were wrong, they caused this economic downturn while trying to prop up the stock market. Bernanke should not be reappointed.
Posted by: earl | November 29, 2009, 12:22 pm 12:22 pm
Bernanke like all FED chairmen do not support an audit of the FED. The day the FED was required to use taxpayer monies to carry out their mandate, by choosing to bailout INVESTMENT banks was the day everything changed. The Bernanke lead FED refuses to answer questions about the use of taxpayer $’s that it seems went to foreign central banks to us to bail out foreign banks.
Some folks are calling for a GAO audit … so the overseerer will be “watched” by the GAO sort of speak …but that in itself begs the question who watches the GAO …
we the people need full transparency … not unlike the adage everything changed after 9/11 … everything has changed since the TAXPAYER SAVED THE WORLD AS WE KNOW IT …
so … full transparency nothing less will do …
and if Mr. Bernanke does not agree … Congress should not reappoint him.
in my humble opinion of course.
Posted by: Oscar | November 29, 2009, 12:28 pm 12:28 pm
A question posed by Alan Grayson to Ben Bernanke last summer:
The Constitution says “No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law.” Do you think it’s consistent with the spirit of that provision in the Constitution for a group like the FOMC to hand out a half a trillion dollars to foreigners without any action by this Congress?
Dodd should ask Bernanke the same question.
Posted by: Tim | November 29, 2009, 12:31 pm 12:31 pm