Sen. Sanders Blocks Bernanke Confirmation
Sen. Bernie Sanders joined Dylan Ratigan on MSNBC's Morning Meeting to discuss his decision to block the confirmation of Ben Bernanke for a second term as Chairman of the Federal Reserve. From Sen. Sanders site--Sanders Blocks Bernanke Confirmation:
December 2, 2009
Sen. Bernie Sanders Wednesday placed a hold on the nomination of Ben Bernanke for a second term as chairman of the Federal Reserve. “The American people overwhelmingly voted last year for a change in our national priorities to put the interests of ordinary people ahead of the greed of Wall Street and the wealthy few,” Sanders said. “What the American people did not bargain for was another four years for one of the key architects of the Bush economy.”
As head of the central bank since 2006, Bernanke could have demanded that Wall Street provide adequate credit to small and medium-sized businesses to create decent-paying jobs in a productive economy, but he did not. He could have insisted that large bailed-out banks end the usurious practice of charging interest rates of 30 percent or more on credit cards, but he did not. He could have broken up too-big-to-fail financial institutions that took Federal Reserve assistance, but he did not. He could have revealed which banks took more than $2 trillion in taxpayer-backed secret loans, but he did not.
You go Berny.
Everything you said.
Berneke and Greenspan should be hanged. They are the worst horse thieves in the history of this country.
Who needs gangsters and when you've got Bushies, Ken Lays, and Greenspans.
Ditto
Here's an exerpt from a great piece at Baseline Scenerio:
Hopefully humanity will one day learn to be humane.
I am in awe why Bernanke is not under indictment for crimes against the people. He destroyed the trust of the people when he chose to enrich his bank and Wallstreet buddies. It will be after people like Bernanke are spending their stolen treasure behind bars at the prison commissary that faith can return to the system. Justice should begin with his indictment and his job loss.
Comments are closed on this entry