BO is reappointing helicopter Ben!

08-24-2009 • BlueLoriBlogSpot

Have you heard? Washington Post is reporting... President Obama plans to nominate Federal Reserve Chairman Ben S. Bernanke to another term Tuesday morning, White House officials confirmed Monday night, ending speculation about the fate of the nation's top banker. Bernanke was chosen by former president George W. Bush to succeed Alan Greenspan and has headed the central bank since early 2006. As the Fed chairman, he has helped guide the nation through the worst economic crisis since the Great Depression. As president, Obama has largely followed Bernanke's response to the crisis, fashioning a bank bailout and stimulus plan that extended the efforts of Bernanke and the Bush administration. Aug. 24 (Bloomberg) -- The Federal Reserve must make public reports about recipients of emergency loans from U.S. taxpayers under programs created to address the financial crisis, a federal judge ruled. This is in relation to a lawsuit filed by Bloomberg LP against the Federal

1 Comments in Response to BO is reappointing helicopter Ben!

Comment by Lucky Red

Entered on: 8/25/2009 10:38:03 AM

Yep. I've heard and can't see why that's not a good thing for y'all. After all it was Bush that appointed him for the first time, y'all do remember that, right? Does that matter any? Or is it good that Bush appointed him but bad that Obama re-appointed him? Hmmm...

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