Dec
16

Some Bernie-on-Bernanke Action

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Federal Reserve Chairman Ben Bernanke was named “Person of the Year” by Time magazine on Wednesday. If you missed this on C-Span, it’s worth a watch. And no, the irony of all this is not lost on me.

2 Comments

1

But Bernanke’s a Beltway insider! He has a key to the Big Money Boyz washroom! You can’t hold him accountable. He’s royalty.

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2

A more accurate measure of how the FED’s actions are affecting the economy without the statistical trickery is at http://www.shadowstats.com/ Bernanke being “man of the year” is as rediculous as the current warmonger Obama receiving the “peace”prize. While Sanders’ assertions about the profit motive behind private insurance, the health care proposal seems to follow the fascist model of using government powers to mandate a market for the profitability of insurance companies instead of addressing rising costs, directly related to use of the Federal reserve debt “money” system.

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