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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 445.60-10.1%Jan 30 4:00 PM EST
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To: Hawkmoon who wrote (80011)9/22/2011 3:04:57 AM
From: TobagoJack7 Recommendations  Read Replies (1) of 219926
 
<<At least Bernanke is answerable to an elected Congress, which has to confirm his nomination>>

... is that the premise you have been operating under?

bernanke is designated by his sponsors, nominated by the potus, and confirmed by congress, but is answerable only to his sponsors, as his successor also would be

the sponsors of the fed chair are answerable only to themselves and their machine, and answerable to no one else

whereas the chinese central banker is answerable to the politicians who in turn fear the people they rule over as well as serve

the american govt machinery is very un-fearful of the people they rule over

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