Monday, November 30, 2009

US Senator Opposes Fed Chief Bernanke Renomination

Is this the Ron Paul effect in action?

U.S. Senator Bernie Sanders (I-VT) said on Sunday he will not vote to reconfirm Ben Bernanke as chairman of the Federal Reserve.

Sanders on ABC's Sunday talk show, This Week, said he would not vote to confirm Bernanke. "No, I absolutely will not vote for Mr. Bernanke. He is part of the problem. He's the smartest guy in the world? Why didn't he do anything to prevent us from sinking into this disaster that Wall Street caused and which he was a part of? No, I will not vote for Bernanke to stay on as chairman."

Even Republican Senator Lindsey Graham who sputtered the nonsense on ABC that Bernanke has made bold decisions "that kept the economy from going into a depression," added, "We need more transparency and accountability ... The Fed needs to be looked at closely."

2 comments:

  1. Sanders is a douche. He opposes Bernanke for the wrong reasons. As a socialist, he nevertheless is committed to the nationalization of credit production and distribution.

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  2. Sanders will approve Larry Summers. The FED's K-street whore will not be able to stop it.

    ReplyDelete