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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (107163)1/9/2012 1:06:10 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
It's a good point, but you are missing the forest for the trees. Bernanke is created the environment for the dollar's destruction. Just look at the Fed Balance Sheet. It's larger than at any time in history. This is the coiled spring. When those excess reserves hit the economy, it causes dollar devaluation and inflation. But forget about that. Bernanke has presided over a policy of sweeping problems under the rug. He has refused to regulate and hold banks accountable. He had the power, as Bill Black points out, to remove CEOs, but he did no such thing. He's in bed with the banksters and is destroying the soundness of our economy.