Bernanke Renomination and Senate Confirmation Hearings Started Today

Discussion in 'Politics' started by Si modo, Dec 3, 2009.

  1. Si modo
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    Si modo Diamond Member

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    The Bernanke renomination and Senate confirmation hearings started today. This is for a four year term as Federal Reserve Chairman. Bernanke's hands are not necessarily dirty with respect to the housing collapse, but his record of mismanagement is not a stellar record and he could have done so much more to at least lessen the impact of this on the economy. But he has not learned a thing from this as he is promoting Term Asset-backed Loan Facility (TALF - more make-believe credit), a program that will further devalue the dollar.

    Bernanke only has a 21% approval rating.

    Senator Sanders of Vermont [IND] did put a hold on his renomination today, a good move, but all that did was delay the start of the hearings.

    With such an approval rating and record I am stunned that the administration has nominated Bernanke for another four years. The Senate should do the right thing and give Bernanke his walking papers.
     
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    Last edited: Dec 3, 2009
  2. scottsoperson
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    scottsoperson BANNED

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    when tarp failed in the house, stocks fell 777 pts.
     
  3. The T
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    The T George S. Patton Party Supporting Member

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    Thanks and agreed.
     
  4. scottsoperson
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    scottsoperson BANNED

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    With such an approval rating and record I am stunned that the administration has nominated Bernanke

    hitler had a pretty good rating at one time.
     
  5. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Senators Jim Bunning and Jim DeMint also placed holds on his nomination.
     
  6. saveliberty
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    saveliberty Diamond Member

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    Your approval rating could use some help too. Now run along, we are discussing Bernanke.

    Bernanke's actions look to reduce the scope and influence of the Federal Reserve. Further it will politicize the board if Congress makes the changes suggested. Obama kept him because of the uncertainty at the time. Now might be a good time for a new person.
     
  7. scottsoperson
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    scottsoperson BANNED

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    i often have to explain things to some repubs. someone appeared to intimate that bernanke should be fired because he has a low approval rating. my reply: hitler had a good rating at one time. meaning that an approval rating doesn't always mean anything.
     
  8. scottsoperson
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    scottsoperson BANNED

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    do we have to spell things out to some repubs because they are stupid or because they are ignorant and lazy?
     
  9. saveliberty
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    saveliberty Diamond Member

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    Please post Hitler's approval ratings.
    I am not republican.
    Maybe Bernanke's rating is a reflection of the job he has done.
    Your going to have to earn any further posts from me. Make some good ones and we'll see.
     
  10. Si modo
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    Si modo Diamond Member

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    :lol: Reductio ad hitleratum.

    TFF.
     

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